Common use of Collateral / Further Assurances / Additional Evidence Clause in Contracts

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by Agent or any Lender, each Loan Party will, at the Borrowers’ or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers or such Loan Party, and such Loan Party hereby appoints Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers shall provide such other assurances, certificates, documents, consents or opinions as Agent or any Lender may reasonably require. Loan Party Depository Institution/Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etc. Description of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Administrative Agent or any Lender, each Loan Party will, at the Borrowers’ Borrower’s or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Administrative Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Administrative Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers Borrower or such Loan Party, and such Loan Party hereby appoints the Administrative Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Administrative Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Administrative Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Administrative Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Administrative Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Administrative Agent or any Lender may reasonably require. Loan Party Depository Institution/[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etcand Exchange Commission. Description of Accounts (including average SolarCity Corporation [carrier] [policy number] [expiration date] [insurance type] [coverage amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx] [deductible] SolarCity Corporation [carrier] [policy number] [expiration date] [insurance type] [coverage amount] [deductible] SolarCity Corporation [carrier] [policy number] [expiration date] [insurance type] [coverage amount] [deductible] SolarCity Corporation [carrier] [policy number] [expiration date] [insurance type] [coverage amount] [deductible] [***] Confidential treatment has been requested for the bracketed portions. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within confidential redacted portion has been omitted and filed separately with the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, Securities and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper IndustryExchange Commission.

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Collateral Agent or any Lender, each Loan Party will, at the Borrowers’ or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Collateral Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Collateral Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers or such Loan Party, and such Loan Party hereby appoints the Collateral Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Collateral Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Collateral Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Collateral Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Collateral Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Collateral Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Collateral Agent or any Lender may reasonably require. Loan Party Depository Institution/[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etc. Description of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper IndustryExchange Commission.

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Collateral Agent or any Lender, each Loan Party will, at the Borrowers’ or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Collateral Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Collateral Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers or such Loan Party, and such Loan Party hereby appoints the Collateral Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Collateral Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Collateral Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Collateral Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Collateral Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Collateral Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Collateral Agent or any Lender may reasonably require. Loan Party Depository Institution/[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etcand Exchange Commission. Description of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx[***] Confidential treatment has been requested for the bracketed portions. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx XxxxThe confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx[***] Confidential treatment has been requested for the bracketed portions. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within confidential redacted portion has been omitted and filed separately with the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, Securities and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper IndustryExchange Commission.

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Collateral Agent or any Lender, each Loan Party will, at the Borrowers’ or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Collateral Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Collateral Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers or such Loan Party, and such Loan Party hereby appoints the Collateral Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Collateral Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Collateral Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Collateral Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Collateral Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Collateral Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Collateral Agent or any Lender may reasonably require. Loan Party Depository Institution/Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etc. Description of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry[***]

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Administrative Agent or any Lender, each Loan Party will, at the Borrowers’ Borrower’s or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. and record, or cause to be made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Administrative Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Administrative Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers Borrower or such Loan Party, and such Loan Party hereby appoints the Administrative Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Administrative Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Administrative Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Administrative Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Administrative Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Administrative Agent or any Lender may reasonably require. Loan Party Depository Institution/[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities Intermediary ZBA/Benefits/Payroll/ Deposit/Etcand Exchange Commission. Description Certain portions of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bankthis document have been omitted pursuant to a request for Confidential Treatment and, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxxwhere applicable, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxxhave been marked with “[***]” to indicate where omissions have been made. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan Party: Wausau Paper Corp. Previous Legal Names within confidential material has been filed separately with the 4 months prior to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, Securities and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper IndustryExchange Commission.

Collateral / Further Assurances / Additional Evidence. At any time, and from time to time, upon reasonable request by the Administrative Agent or any Lender, each Loan Party will, at the Borrowers’ Borrower’s or such Loan Party’s expense, (i) correct any defect, error or omission which may be discovered in the form or content of any of the Loan Documents, and (ii) make, execute, deliver and record, or cause to be made, executed, delivered and recorded, any and all further instruments, certificates and other documents as may, in the reasonable opinion of Administrative Agent or any Lender, be necessary or desirable in order to complete, perfect or continue and preserve the Liens and security interests of the Mortgages. Upon any failure by such Loan Party to do so, the Administrative Agent may make, execute and record any and all such instruments, certificates and other documents for and in the name of such Loan Party, all at the sole expense of the Borrowers Borrower or such Loan Party, and such Loan Party hereby appoints the Administrative Agent the agent and attorney-in-fact of such Loan Party to do so, this appointment being coupled with an interest and being irrevocable. Without limitation of the foregoing, each Loan Party irrevocably authorizes the Administrative Agent at any time and from time to time to file any financing statements, amendments thereto and continuation statements deemed necessary or desirable by the Administrative Agent to establish or maintain the validity, perfection and priority of the Liens and security interests granted in the Mortgages, and each Loan Party ratifies any such filings made by the Administrative Agent prior to the date hereof. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party shall promptly deliver to the Administrative Agent a copy of each such instrument and evidence of its proper filing or recording, as necessary. From and after the time any Mortgage is recorded and encumbers a Mortgaged Property pursuant to the terms hereof, such Loan Party will cause all of the applicable Collateral to be subject at all times to first priority, perfected Liens in favor of the Administrative Agent for the benefit of the Lenders to secure the Secured Obligations pursuant to the terms and conditions of the Loan Documents. Further, Borrowers Borrower shall provide such other assurances, certificates, documents, consents or opinions as Administrative Agent or any Lender may reasonably require. CHL:82673.4 This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [the][each]1 Assignor identified in item 1 below ([the][each, an] “Assignor”) and [the][each]2 Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and agreed that the rights and obligations of [the Assignors][the Assignees]3 hereunder are several and not joint.]4 Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (a) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under the Credit Agreement and any other Loan Party Depository Institution/Securities Intermediary ZBA/Benefits/Payroll/ Deposit/EtcDocuments in the amount[s] and equal to the percentage interest[s] identified below of all the outstanding rights and obligations under the respective facilities identified below and (b) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of [the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other Loan Documents or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (a) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee pursuant to clauses (a) and (b) above being referred to herein collectively as [the][an] “Assigned Interest”). Description Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by [the][any] Assignor. 1. Assignor[s]: 2. Assignee[s]: [for each Assignee, indicate [Affiliate][Approved Fund] of Accounts (including average amount/average market value held in such Account) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Depository Concentration USD $6,700,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Receivables (ZBA) Wausau Paper Corp. Royal Bank of Canada 00 Xxxxxxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Receivables CAD $500,000 Wausau Paper Towel & Tissue, LLC BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Payroll (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits (ZBA) Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Benefits $1,000 Wausau Paper Corp. BMO Xxxxxx Bank, N.A. 000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000-0000 Disbursements (ZBA) 7.4-2 Wausau Paper Corp. 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 (Marathon County) O N/A Y Y Y Y $2,756,800 Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A Y Y Y Y $38,300,000 Wausau Paper Towel & Tissue, LLC 000 Xxxxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 (Xxxxxx County) O N/A N N N Y $5,019,532 Wausau Paper Corp. 0000/0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L STAG IV Danville, LLC x/x XXXX Xxxxxxxxxx, Xxx[identify Lender]] 3. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 02110 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxx Xxxxxxxx Xxxxxx, Xxxxx 0 Xxxxxxxx, XX 00000 (Xxxxx County) L Danville Warehousing, Inc. 0000-X Xxxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 27284 N N N Y N/A Wausau Paper Towel & Tissue, LLC 0000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000 (Xxxxx County) L Xxxxxx-Xxxxxxx LLC Muffrey LLC Pasan LLC 000 XX Xxxxxxx Xxxxx Xxxx. Xxxx Xxxxx, XX 33431 N N N Y N/A Wausau Paper Towel & Tissue, LLC 000 Xxxxxx Xxxxx Harrodsburg, KY 40330 (Xxxxxx County) L Harrodsburg Industrial Warehouse 000 Xxx. 000 Xxxxxxxxx, XX 40040 N N N Y N/A Wausau Paper Towel & Tissue, LLC 930/940/960 Xxxxxx Xxxxxx Xxxxxx, XX 00000 (Xxxxxx County) L Omega Warehouse Services, LLC 000 Xxxxxx Xxxxxx Monroe, OH 45050 N N N Y N/A Wausau Paper Corp. 000 XXX Xxxxx Xxxxxxx XX 00000 (Marathon County) L Central Wisconsin Airport 000 XXX Xxxxx Xxxxxxx, XX 00000 N N N Y N/A 7.5.1-2 Wausau Paper Towel & Tissue, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Timberland Company, LLC Wausau Paper Corp. 1,000 1,000 1 100% Voting Wausau Paper Xxxxx, LLC Wausau Paper Corp. 1,000 1,000 3 100% Voting The Xxxx Paper Company Wausau Paper Corp. 500,000 500,000 1789 100% Voting The Middletown Hydraulic Company The Xxxx Paper Company 1,000 1,000 307 100% Voting Exact Legal Name of Loan PartyBorrower: Wausau Paper Corp. Previous Legal Names within the 4 months prior Corp., a Wisconsin corporation 1. For bracketed language here and elsewhere in this form relating to the Closing Date: None Jurisdiction of Organizational Incorporation: Wisconsin Type of Organization: Corporation Jurisdictions where Qualified Assignee(s), if the assignment is from a single Assignor, choose the first bracketed language. If the assignment is to do Business: Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxxmultiple Assignors, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: 1W00901 Ownership Information: Publicly held Industry or Nature of Business: Paper industry Exact Legal Name of Loan Party: Wausau Timberland Company, LLC Previous Legal Names within choose the 4 months prior second bracketed language. 2. For bracketed language here and elsewhere in this form relating to the Closing DateAssignee(s), if the assignment is to a single Assignee, choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language. 3. Select as appropriate. 4. Include bracketed language if there are either multiple Assignors or multiple Assignees. CHL:82673.4 4. Administrative Agent: None Jurisdiction Bank of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: None Address of Chief Executive Office: 000 Xxxxx Xxxxx XxxxxxxAmerica, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx XxxxxxxN.A., XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W048421 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Ownership of timberlands 8.1.5(b)-1 Exact Legal Name of Loan Party: Wausau Paper Xxxxx, LLC Previous Legal Names within as the 4 months prior to administrative agent under the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Arizona, Georgia, Illinois, Maine, Minnesota, Mississippi, South Carolina, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050743 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper Industry Exact Legal Name of Loan Party: Wausau Paper Towel & Tissue, LLC Previous Legal Names within the 4 months prior to the Closing Date: None Jurisdiction of Organization/Incorporation: Wisconsin Type of Organization: Limited Liability Company Jurisdictions where Qualified to do Business: Florida, Kentucky, Ohio, and Texas Address of Chief Executive Office: 000 Xxxxx Xxxxx Xxxxxxx, XX 00000 Address of Principal Place of Business: 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx XX 00000 000 Xxxxxxxx Xxxxxx, Xxxxxxxxxx XX 00000 U.S. FEIN: 00-0000000 Organizational Identification Number: W050742 Ownership Information: Wausau Paper Corp. Industry or Nature of Business: Paper IndustryCredit Agreement