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F-1 40 10 4. PURCHASER shall not be obligated to cut or remove ally particular quantity or kinds of pine timber (as described below) or to carry oil its operations at any particular time or titnes within the terms hereof, or in any particular manner. PURCHASER may leave ort the property such of the timber or pails hereof as it does not desire to take. 5. The kind of timber subject to this Contract and the price per unit used in calculating the purchase price of timber sold under this Contract are as follows, to -wit; DESTINATION PRODUCT SWNIT 11011 LBSWOM Hawthorne, FL Yellow Pine Plywood 524,75 tots 2000 Hawiliome, FL Sandpine Plywood $9.75 ton 2000 Palatka, FL chip -11 -saw $14.91 ton 2000 Palatka, FL Mainstem. Pine Pulpwood $1.96 ton 2040 Palatka, FL Top;wood $.01 ton 2000 SPECIFICATIONS (Product. Description) Plywood, must be cut to length wl an 8 in, lop at the following dimensions: ITT,'263 ", 34'11 ", 437", or 52'3". It must be relatively knot free, straight, and have a minimum DBI I of 13 in.. on the large end. Sandpine Ply must have a 10 in. toll and can only be delivered in 177" and 263° dimensions. Chip -n -saw must have a 6"top, be knot -free, and gun -barrel straight. It can be cut in 16'6" dimensions or tree -length at 25 1, or better. Maitistem Pine Pulpwood must be a min. of 151. to a 2 112 in. top. it must have a minimum of G" X1111 . This category does not include topwood. Topwood is the tops off the pine pulpwood, chip -n -saw, and ply. Ilicy must have a min. smatl-end diameter of 2 112 im and a minimum teng1h of 15 feel. 6. The total consideration and purchase price of timber Cut hereunder shall be based upon the volumes of timber cut and delivered at the rates specified above. Payment shall be made weekly for timber cut and removed the preceding week. The vohulte of the timber cut and removed will be determined by scalers at the place of delivery, PURCHASER shall furnish SELLER weekly settlement records. The volumes as shown in the settlement records and payments therefore shall be binding upon SELLER unless contested within thirty (30) days following receipt orally settlement records and payments. SELLER acknowledges that prior to the execution of this 'instrument, SELLER or its representative has determined the boundary lines of the above-described property and has fully, accurately, and completely described or clearly marked s' -id boundaries to PURCHASER. SELLER further agrees to defend, protect, and hold PURCHASER, its agents, employees, and independent contractor's, Katz»less from any and all loss, cost, damages, and/or expenses, arising from claims of trespass for any timber cut within the designated boundaries. GPp PACMDOT Version 2.0 (01100) Page 2 of 4