0001104659-08-069094 Sample Contracts

AMENDED AND RESTATED GUARANTY
Guaranty • November 7th, 2008 • Smurfit-Stone Container Enterprises Inc • Paperboard mills • Arizona

THIS AMENDED AND RESTATED GUARANTY (this “Unlimited Guaranty”), dated as of July 28, 2008, made by SMURFIT-STONE CONTAINER ENTERPRISES, INC., a corporation organized under the laws of the State of Delaware having its chief executive office at 150 North Michigan Avenue, Chicago, IL 60601 (“Guarantor”) in favor of THE CIT GROUP/EQUIPMENT FINANCING, INC., as the initial lender (the “Initial Lender”) and as Administrative Agent for the benefit of the Lenders (as defined below) (the “Administrative Agent” and together with the Lenders, the “Beneficiaries”).

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CONTINUING GUARANTY
Continuing Guaranty • November 7th, 2008 • Smurfit-Stone Container Enterprises Inc • Paperboard mills • California

CONTINUING GUARANTY (“Guaranty”) dated as of July 28, 2008, made by and between SMURFIT-STONE CONTAINER ENTERPRISES, INC., a Delaware corporation (“Guarantor”), and UNION BANK OF CALIFORNIA, N.A. (“Bank”).

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