0000897069-05-002031 Sample Contracts

FORBEARANCE AGREEMENT
Forbearance Agreement • August 15th, 2005 • Badger Paper Mills Inc • Paper mills • Illinois

THIS FORBEARANCE AGREEMENT (this “Agreement”) is made and entered as of the 15th day of August, 2005, is by and between BADGER PAPER MILLS, INC., a corporation organized under the laws of the State of Wisconsin (“Borrower”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as Agent and sole Lender under the Credit Agreement referred to below.

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