AWARD AGREEMENT AND STOCK POWER Under the Deltic Timber Corporation RESTRICTED STOCKRestricted Stock • March 11th, 2005 • Deltic Timber Corp • Sawmills & planting mills, general
Effective as of the Grant Date, Participant assigns and transfers to Company the shares of Restricted Stock evidenced by the Certificate and appoints Computershare Investor Services as attorney-in-fact to transfer the stock on the books of the Company, with full power of substitution. Although Participant is the owner of the Restricted Stock, Company will hold the Certificate and this Stock Power during the Restriction Period described in the Award Agreement. Upon expiration of the Restriction Period, Company will return this Stock Power to Participant, together with a new, unrestricted, certificate for the Restricted Stock.
GUARANTEE AGREEMENTGuarantee Agreement • March 11th, 2005 • Deltic Timber Corp • Sawmills & planting mills, general • Georgia
GUARANTEE AGREEMENT dated as of August , 2004, by and between DELTIC TIMBER CORPORATION, a Delaware corporation (the “Guarantor”), and SUNTRUST BANK, a Georgia banking corporation as administrative agent (the “Administrative Agent”) for the Lenders (as defined in the Credit Agreement referred to below).
AWARD AGREEMENT AND STOCK POWER Under the Deltic Timber Corporation PERFORMANCE BASED RESTRICTED STOCKAward Agreement and Stock Power • March 11th, 2005 • Deltic Timber Corp • Sawmills & planting mills, general
Effective as of the Grant Date, Participant assigns and transfers to Company the shares of Performance Based Restricted Stock evidenced by the Certificate and appoints Computershare Investor Services as attorney-in-fact to transfer the stock on the books of the Company, with full power of substitution. Although Participant may become the owner of the Performance Based Restricted Stock, Company will hold the Certificate and this Stock Power during the Contingency and Restriction Period described in the Award Agreement. Upon expiration of the Contingency and Restriction Period and if all stated contingencies are met and/or waived by the Committee, Company will return this Stock Power to Participant, together with a new, unrestricted, certificate for the Performance Based Restricted Stock.
