0001193125-09-229562 Sample Contracts

REGISTRATION RIGHTS AGREEMENT by and among Potlatch Corporation and the Guarantors party hereto and Banc of America Securities LLC Goldman, Sachs & Co. Wells Fargo Securities, LLC Dated as of November 3, 2009
Registration Rights Agreement • November 9th, 2009 • Potlatch Corp • Real estate investment trusts • New York

This Registration Rights Agreement (this “Agreement”) is made and entered into as of November 3, 2009, by and among Potlatch Corporation, a Delaware corporation (the “Company”), the Guarantors party hereto (collectively, the “Guarantors”), and Banc of America Securities LLC, Goldman, Sachs & Co. and Wells Fargo Securities, LLC (collectively, the “Initial Purchasers”), each of whom has agreed to purchase the Company’s 7 1/2% Senior Notes due 2019 (the “Initial Notes”) fully and unconditionally guaranteed by the Guarantors (the “Guarantees”) pursuant to the Purchase Agreement (as defined below). The Initial Notes and the Guarantees attached thereto are herein collectively referred to as the “Initial Securities.”

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