SUPPORT AGREEMENTSupport Agreement • June 29th, 2016 • Oaktree Capital Group Holdings GP, LLC • Paper mills • British Columbia
WHEREAS, this support agreement is made and entered into as of June 28, 2016 (the “Agreement Date”) by and among: (a) Kejriwal Group International, an Indian corporation (“KGI”); and (b) each of the other signatories hereto (each, a “Supporting Party” and collectively, the “Supporting Parties”), whether as an original signatory or by executing a joinder agreement in the form of Schedule “A” (a “Joinder Agreement”), being a holder (a “Noteholder”) of the 11.00% PIK Toggle Senior Secured Notes due October 2017 with an aggregate principal amount outstanding of US$260.5 million as of the date hereof (the “Notes”), issued and certified, or deemed to be issued and certified, by Catalyst Paper Corporation (“CPC”) pursuant to the Indenture (as defined herein), and, as applicable, also being a holder (a “Shareholder”) of common shares of the authorized share capital of CPC (the “Shares”).
WAIVERWaiver • June 29th, 2016 • Oaktree Capital Group Holdings GP, LLC • Paper mills • New York
This WAIVER (this “Waiver”) is issued, consented to, made and entered into as of May 13, 2016 by the beneficial owners of PIK Notes (as defined below) set forth on Schedule I hereto (with the authorization and consent, and as proxies on behalf, of Cede & Co. (in its capacity as the Holder of the Global Notes(s) representing the PIK Notes, “Cede”)) and Cede (which has consented to and authorized this Waiver in an instrument being delivered concurrently with the execution hereof) (each, a “Waiving Noteholder,” and collectively, the “Waiving Noteholders”), and relates to a waiver, modification and consent under the Indenture, dated as of September 13, 2012 (the “Base Indenture”), entered into by and among Catalyst Paper Corporation, a corporation incorporated under the laws of Canada (the “Company”), the Guarantors (as defined therein), Wilmington Trust, National Association, as trustee, and Computershare Trust Company of Canada, as collateral trustee, as supplemented by the First Supplem
