0000950123-09-066478 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • November 27th, 2009 • Mercer International Inc. • Pulp mills • New York

INDENTURE dated as of •, 2009, between Mercer International Inc., a Washington corporation (the “Company”), and Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States, as trustee (the “Trustee”).

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