Exhibit 10.68
CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY
WITH THE SECURITIES AND EXCHANGE COMMISSION.
ASTERISKS (*) DENOTE SUCH OMISSIONS
SUPPLEMENTAL
AGREEMENT # 4
to Contract # 11-21-01
dated November 27, 2000
Khabarovsk November 1, 2001
Closed Joint-Stock Company "Forest-Starma", a legal entity, organized and
existing under the laws of the Russian federation, (hereinafter referred to as
the Seller), in the person of Xx. Xxxxx X.Xxxxxxx, General Director, and Mr.
X.X.Xxxxxxxxx, First Deputy General Director, on the one side, and Rayonier,
Inc., USA, (hereinafter referred to as the Buyer), in the person of Xx. Xxxxxx
X.Xxxxxxx, Director Operations, have entered into the present Supplemental
Agreement to Contract # 11-21-01 dated November 27, 2000, including all its
revisions and individual addenda:
1. In addition to the volume specified in section 1 "Subject of the Contract",
the Seller agrees to sell, and the Buyer agrees to buy, on the terms
contained in the above mentioned Contract and all individual addenda to the
Contract, logs produced by the Seller in the volume of *** cubic meters +/-
10%. The approximate value of this volume of exported logs is 3.000.000
USD.
2. The other terms of the Contract remain without change.
3. The present Supplemental Agreement # 4 have been made in two (2) original
copies in Russian and English, each of which have equal legal force. Both
original and faxed signatures of the duly authorized representatives of the
Parties shall be recognized as having equal legal force with regard to the
execution of this Contract.
The present Agreement is signed and enters into force on November 1, 2001.
SELLER:
/s/ Xxxxx X. Xxxxxxx
--------------------------------
Xxxxx X.Xxxxxxx
General Director
/s/ V. A. Limarenko
--------------------------------
Limarenko V.A.
First Deputy General Director
BUYER:
/s/ Xxxxxx X. Xxxxxxx
--------------------------------
Xxxxxx X.Xxxxxxx
Operations Director
International Forest Products