[| Nai | “AN ACT TO RATIFY THE FOREST MANAGEMENT CONTRACT AREA ‘C’ IN RIVERCESS COUNTY BETWEEN THE REPUBLIC OF LIBERIA REPRESENTED BY THE FORESTRY DEVELOPMENT AUTHORITY AND LIBERIA TREE & TRADING COMPANY, INC.” | APPROVED MAY 27, 2009 PUBLISHED BY AUTHORITY | MINISTRY OF FOREIGN AFFAIRS | MONROVIA, LIBERIA PRINTED JULY 4, 20092009 AN ACT RATIFVING (THE FOREST MANAGEMENT CONTRACT AREA “C* TN RIVERCESS COUNTY BETWEEN THE REPUBLIC OF LIBERIA REPRESENTED BY. THE FORESTRY DEVELOPMENT AUTHORITY AND LIBERIA TREE & TRADING COMPANY, INC” IT ts ENACTED DY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE REPUBLIC OF LIBERIA IN LEGISLATIVE ASSEMBLED: Sectiou I; ‘That immediately after the passage of this Act “AN ACT RATIFVING THE FOREST MANAGEMENT CONTRACT AREA "C™ IN RIVERCESS COUNTY BETWEEN THE REPUBLIC OF LIBERIA RECRESESTED BY THE FORESTRY DEVELOPMENT AUTHORITY AND LIBERIA TREE & TRADING COMPANY, INC." as herein recited below word fur word in the authentic English version be, and the same is hereby ratified to give full force and effect to the provision as contained herein. SECTION I: SHORT TILE: this Act to ratify the FOREST MANAGEMENT. CONTRACT AREA "°C" IN RIVERCESS COUNTY BETWEEN THE REPUBLIC OF TIMERIA REPRESENTED BY THE FORESTRY DEVELOPMENT AUTHORITY [AND LIRERIA TREE & TRADING COMPANY, INC," shall also be cited as the FOREST. MANAGEMENT CONTRACT BETWEEN THE REPUBLIC OF LIBERIA AND LIBERIA TREE & TRADING COMPANY, INC." SECTION If; ‘That any and all obligations, covenants, terms and conditions as contained in the above mention FOREST MANAGEMENT CONTRACT BETWEEN THE REPUBLIC OF LIBERIA AND LIBERIA TREE & TRADING COMPANY, INC.” shall be carried to full completion unless ‘otherwise modified, amended or repealed, SECTION IV: This Act shall take effect immediately upon the publication ‘into handlbill. ANY LAW TO THE CONTRARY NOTWITHSTANDING.Republic of Liberia Forestry Development Authority P.O. Box 10-3010 Kappa House, Elise Saliby’s Compound, Sinkor 1000, Monrovia 10, Liberia FOREST MANAGEMENT CONTRACT AREA “C” _ River Cess.gunty HOLDER: Liberia Tree & Trading Company, Inc. Red Light, Paynesville City P.O. Box 2331 Monrovia, Liberia September. 2008REPUBLIC OF LIBERIA Name and Address of Contract Holder: FORESTRY DEVELOPMENT —_ | Liberia Tree & Tredieg| Company, nea igh eet Ci 5 P.O. Bax 2331 Monrovia, Liberia Patrice | Contract Nomber:“Table df Contents ‘Locaon Map of Liberia Tree & Trang Corporation tx Liberia. PART A -SPECIBIC PROVISIONS. ‘A2— Prvecislag Requirewents. A3— Performance Bond ‘Ad —Land Rental Bid PART B--GENEPAL PROVISIONS... 31.0 INTERERETATION AND DEFINITIONS. a0 ranma omit Bo pec ~ Pee Fain O} [BELL Foret Management Plan 13.14 aiid Anal ~ ill ests Rod nd Fist Al Parma Bnd |B.0— RIGHETS OF OLDE nee [Dal - Oceupancy of Serface snd Easemenis 19611 Public Lands tside Comat 19 194-2—Hldertmpeorements 421 ~Constucten of improvements 422 — Approval Reqoircnoay 34.25 Right of Others to Use Facies DA —Remor Bi3 Right io Taw wed Use wien B64 Use of Gare, Sand, Cagy aed 81306 BA. — Holder’ Agerts SSA 1S. ~ REPRESENTATIVES AND COMMUNICATIONS. 13. Holder's Represeatlives 1352 Government Representatives BS. Govermmat aspect BSA Notes, 20 errors. 6 2 — Revisions to Strategic Forest Manage Pa. = 6 18—Infrstracture and Works oe 7 31 136.22 Minioraum Diameter Lindt. 16.25 —Feling se Utilization Standards D6.24— Tee Cleting£53 Road Contnetion and Maintenance... 1 ~ Ege Precautions and Consol 61 Fie Conte pod 6 io 62—Bire Suppression Coe 37 ‘6 63 —Pamicipason in Cnn af Cased Spt ” 16.9 BISCALOMLIGA TIONS ee ceeenenneneentnne eee 1871 Rees aa Rental Bie. BY ~ Lane Rem Payments 7.13 ~ Ld Rasta Foss [B74 oost reduet Fos. 1W7-2-Other Pence Rater ‘87.21 ~ Timber Cut Through Mistake. z 18722 —Timber Damaged Without Negligence 172 “Tinta Une Damaged Nesey «Wily. [HT 24~ Calns Fang ce Extention 'BS &2— Five-Year Forest Managemen! Review DaSD -veYex Sod Repay Review BRA Adon Aus ‘BR 92~ CanrartClosw.. SIGNATURE PAGE. @k.5 SS 5 52Location: Map of Liberts Tree & Trading Conporaitin fh | (BERIA Location Ma acting Corporation in Libera (59,374 Hactara6;‘This Controct is entered into at the City of MONROVIA, County of MONTSERRADO, Republic of Liberia, under the General Business Law, Title 14 Of the Liberia Code of Law Revised, between the Government of the Republic of Liberia (GOVERNMENT), acting through the Forestry Development Authority hereinafter referred 10 as the AUTHORITY, and Liberia Tree & Trading ‘Company, Inc, A company duly organized, existing, and doing business under the Laws of the Republic of Liberia, hereinafter referred to as the CONTRACT HOLDER, OR HOLDER. WHEREAS, (1) Section 5.3 of the National Forestry Reform Law of 2006 oe the AUTHORITY to grant licenses for sound, long-term forest t, including inventories, preparation of management ‘plans, and _ ANNUAL OPERATIONAL PLANS, through Forest Management Contracts: (2) HOLDER wants to accept responsibilities for stewardship of public forest land and to purchase, cut, and remove timber from that land; (3) AUTHORITY, having — advertised a concession auction at Which HOLDER was the successful bidder, wanis ( issue HOLDER a license for sustainable management and harvest in the svertised area, and (4) HOLDER-and AEHORITY are wiling to be bound by the terms set out inthis Contract = as follows: 1w, THEREFORE, AUTHORITY GL WwW"PART A —SPEK FIC PROVISIONS Al ~ Location and Avea ‘See Section BZA (Contract Area) ‘The Contract Area of 9,374 Hectares las the following Metes and ‘Bounds (Description) Litera Tine & Trading Cerportion Concesion ann line within Laie '2°0" — {60'0" Nowth of the equator and Longitaies 912 0" - 9724°0" West of the Greenwich ‘oesiien adits Located ia River Coss Com Likes Staring fren Zamio Town, (971350. 187W «S111 95°N) thence ane art De Noth for 2316 meters to the polat of COMMENCEMENT. (71591 17-W-292264FN), Thence a line rans Due East fr 4.113 meter o a point (PUTS7II°W-2°5725AZN), ‘hence a Lino runs NE for 3634 meters to a poet (PISA A2W S544 thence a Lin rane N71? for 3.138 mates 10 4 pnt (O'S T2"W=S*S'36 SRN), thence a line ns NS* & for 2599 mies 19 & point (FOS 19" W-S55'S937/N), thence Blin runs NTE" W for 18,546 metes to a pol (971839 35°W-25803.15°N); then lie rs Du South far 1236 meer ta pt (839.1 W-SS710 0°), thence & Line rane § 0 W for 9027 rater o = point (FZI3L STW-SS6634N), hance wine rans Dae Now for 2021 meters wo point (2534 14° W-S"ST SLIT), hes aie rus Du West for 1823 mete oa poat ea Hao River (72431 20°W- SSTSLTPN; thence a line runs slong the Jo River inthe South Wester drection for ‘4,731. meer to a peint thence # ne raw S GEE for 308 mete to a point BDHDITW-SSSSDITNY, hence 8 te rare SF WHS 585 mers tw a port ‘ace a Tine as S TEE fer 1,085 meters o a pont (2543 44° W-TH'SR,06"N), hones a Fe rans NW 88° E for 1236 ences 10 a pint (7250R.I2W-SS1S9ATN), themes t He runt § 95°F for 1329 meters 10 & pint (F244 TEW-SSA70.SCNY, fence a Hino rans § 67 E foe 1.984 meters 1 a poin (72345 37 W-59S9I5.697N, Gece a ie as N 82" E for 796 enters 10 4 pin (72919.62"W-5'59'9.23"N), ine uae § 6B fr 745 moe toa point (72787 49°W. $83.48. 85°N), hence Aline ran § 72 F fee T9T moters to a pint (722733 0S°W-S*SH4L ATNY. hence a lie fans 8 GE for 866 meters 0 pout (72230 31" W-3'99'13 34°), ence alin cas S 12 Efe $40 mater tow pit (972226. 5°W 35256 50°N); thence a line rans 833° W Koc 8206 stars 10 point (7243, 70"W- S410 97%, nce a oa rons Due West “for 340 meters tom point (P2045 3O'W-S79) LAN}, hence wine core SW fo 1.086 mates to a pout on Forest Manager Contact aex “5” upper tour tie (264A 9NW 4897 LON), thence a Hine rune SST E fr 17.290 mts Yoo point (21889 20°W S492081'N), thence line rant N 5S Foe 1207 mor t= pot (IEDR OGW-9A3SR EAN), hoe & Tne rime S 68? E for O33 meters 10 8 poi (Ts S2-W-SsT43 TEN, theres Tne rans SW E for 1.409 meses wo & pot PITPASWHITISINTD, thence «line raw § 31" E for 1122 motes to & point (IGSOSR"W-4TOAOEN), thence & Line nme NEP E fer 187 motos a peat (OG. 98"W-27430486°N), thence a line cane $47 E for 261 meters 1 a pt the Wane Kiver (71639 28°W479R 61°N), thence a line ring slong the Wene River in the Soutien discon for 7.992 mais w the conlumce of the Cestos and the Weoe OL 2wr ives thence tine nine slg ts Case River inthe Noch Baie desc for 35,879 mast a pout (7635 S6°W-4711 330), Bane line raw Ds Wek 4616 mutes 10 « pt (2025 29°W-54712 06} thnce lve ne SPW oe 3852 mer 0 pin (IUS7SE°W24THS BUN), nex eine tnt 5 90° W fr 2731 meses 10 3 point (7IZEAIW-S40S7I2"N), ease «line ae N SF W fe tee tasers te poi on he West Sx of the Wece ever (PIFOLIIW. S303520N), dooce ane eansN 31° W fr 3521 mtets to a pom (FIBOSBIW. SSz2LORND; ees ling ns Du Nero 6.165 meter spa (7 1EOS 22 S3S'G.O0'NE tence a ine uns Due Eat for 7153 malt « pia (7 U6 ELON 5842 55"N), dace ine na S27 F for 44 mates Io 2 pont, GIST IOV SSSSLUTNY, thee «lie ruc § 7 fir BIS meters to 8 pint (P1GO336°W. SS90LTEN), the 2 line tw S 20 fer 276 mete fo pat (738009 W- 34.50% thee aie re S 70°F fee 509 mete Wo a pat (PISA SPW 5430.67) tence ine tas SZ W for LAN rte 4 # pnt Unc ee ne Doe Wert for 2973 meter 19 4 pint (71572 38°W-5°S903 37H), tence a Be re ‘Dy Sout fo 206 mata to spout (715 232°W-S'700287N), hence eas (GE fer 2266 meters fo 8 orm (MENG MW PEI MPN, enews ae ae Dee Eas for $i0 mts 0 te pou of cormmencomen (EIS TOMW PSI ND, obeacing 897 (Filly Nie Thousand Tacs Hundred and Sevety Pow) beta of Tretaed ‘i .i, | etial Nap A amigo i CONTRACT AREA attach tH the is adissicpiiiny ‘owen the tap and the written Metes anal fs vu eeserption. se AN 81) ‘ay Swcinn Tomo & Villages Wikia 4 hitocters Baer day Brome: ‘aed Management Contact Arca (89,594 tleatey,eee ee ieee edA2~ Processing Requirements ‘See Section BB.13 (Business Pan). OLDER masts be ilevig elton = 18 $2,000,000.00 (Install in the firs five years) A3 Performance Bond ‘Soe Sooon 53.15 (itl Performance Bond an Fit Anal Performince Bond). ‘Section 6.12 (Annual Performance Bond), Section 117.38 (Payment Guaranted by Bond or Deposited Securtics), sat ‘Section B7.34 (Payments Not Received). “The roquitd nitil Performance Bond mount in United States dollars is $ 150,000.00 A4— Land Rental Bid | ‘See Section B7.11 (Land Rental Bid Payments), “The land etl iin Utd States dollars is S 9,60 per hectare payable nus) (each and vary yearcf ortzact duran) tothe Goverameat of Liberi AS Other Specific Provisions 7PART R - GENERAL PROVISIONS ‘2B1.0— INTERPRETATION AND DEFINITIONS ‘Te felloning mcs of icra sem Ws Cont wakes Ee Contact apnea provides ober, @ All yriuen plans, cerficates, approvals, communications, and notices ‘ecared ud fis Coates mat bn Engh All monetary amounts inthis Contact are ssed in United Stas dar Atl MONEFARY OBLIGATIONS ae payabloin United Sass deta. iA weterees inthis Contac © sates, regulations, ad cod: of protice ‘ecoporate the raateial it may be fiom time 1 te emwecid. IF ‘wera is repedod therfore i o the atrial tat replies the repealod maura a dtcmid by the CONTRACTING OFFICER, Go)Mtere ate no oral provisions 1 thie Contac; the whele agremect isin sein Att time of signing, ds Gocument fle the whstewgreemont (©) Fate tmacaors oration w this Contact mist be in Wate, (Tis Contact des not erent any sort o€ agony, partnership, jolt entre, of — ofc beni ey. (i) Time is of the cence. ‘That teas that if tis Cantct goes bac & ‘cour the eet should hance the ie nits sed deine inthis Contos {im ues th partis agro wae them (lly "We court dererains that some part of hig Cora is invalid, the partis lt the conn te stike enly the offending provision and nat th ates — Corteset Schwa ‘GES par wants to keep « legally alld “agin” of the signed Contact ‘Thcsefine, the pares are signing two deplicae exgioa! venions of fis Contmst Wf ¢ court is ever asked to admit the-txt of this Centre ino videnen, the patie ack the court to covsider citer duplicate original ‘ocurvert ote meeps proc ofthe Contact G2) Dessritie headings imal in ti Contact ore not to be considered in _etermning the rights and obligations ofthe partis. (Ga)"Tacteder” at wsed in fs Contact moans “lads but st ited to” [Sxccpt forthe flowing tems, which re capilid in hi Contract and dened elon a hin Conc! have common cates defination a ce of dpe, CONTRACTING, OFFICER may i SCO hes cl ee prin ee om elf HODER ins eyes ant adepndoet.cortmctors “dependent contctons” wad ona the sre cam of PERSONS ited br cones, es, a thioegt ainda enema, ANNUAL HARVESTING CERTIFICATE mess ceric ised by AUTHORITY in ‘czartmce wih Seton Ba. aa ANNUAL OPERATIONAL PLAN ears he plan requ wader Sotion B51 AUTHORETT eats the Foxesty Devsepment arty DA) Qk u os SSAWARD NOTICE DATE sans We date tat he tentative contact ewer tee i given ‘ote wining bar. NULRD OF DIRECTORS meet Board of Directors of AUTHORITY. DREASE HEIGHT manne pont oe 8 Wee L36metes ahove he avage gourd eve ere satus, 80 catnetersaeove the convergence ofthe Dares IHUSSEMES memset 9 id sxdmale lle fer sbtece or comment PEDO CLLAtW OF CUSTODY tear th path of cxtockanstp fllowed by LOGS, TIMBER, fed WOOD PRODUCTS trough havering, vansporation, ier storage, proveing, ‘Tarnbuoa, an export, fom souce of engi a end wwe, Chain of Cuntoty cominies pie changes of ste — for example, chunges resling from cuting, procesins, sqliting, or sorting. CUT OF CUSTODY SHSTELA meats the vt of peotedurs ae mochasion wed to teack and maniloc CHAIN OF CUSTODY. CEaunC unaas a eaten domsed by one of the pares sacking the payment of mans), (Monten or urpretation of eect erm, OF Ober reli under or relaing wo tt Conirce CONTRACT AREA meats ihe pen dxeribe ia Specie Revision AL CONTRACT EFFECTIVE DATE moors the date pen wtih this Caras sails the cvccomaats of Sation 53() of te National Forsty Reforma Law of 2008 that tho (Contact pe bo inne bythe Frestdet aud ra by the Legions CONTRACEING OFFICER tncam an AUTHORITY officer o whom AUTHORITY bis uty to administer this Contre, ince Bot Rot init 1 the Contac, under Section BS2 ae [EPA reas the Eoviroamortl Potion Agency ‘Fedo mana any a Ghrged in comformonce wie Section 14.2 ofthe National Forest ‘fem Law of 1008. RELLING EFFECTIVE DATE mene the de ca which AUTHORITY cores hat te HOLDER tas completed all PRE FELLING OPERATIONS, FOREST PRODUCT tome my mates! dived fiom FOREST RESOURCES, ‘ering tat nee iii nfl fauna, and iro-nganiaes Ut may be explid fr ‘iki, roeresiona, edveebonal, scien subsite, or oticr potato wee fe & ceases be Crest wine, ot Tinie to Dora, fauns, oF mice (eed subdivisions, istramentais, ators, an agence TLARWESTING BLOCK means on ates for TIMER harvest dented in ax ANNUAL. ‘OPERATIONAL PLAN under Section B61) _ OLDER for CONTRECT HOLDER) meme the PERSON entering ins tis Contmet OUAUPHORSTY nd ying cane to harvest TIMBER umes this Cort OL 2arches. 10 ee ea en, i own ie ink nd tse emer, ens oe ny ict an inked fo fret poe, ne LOG cae of being possred te WOO? alg, Rowrer: ep ee as anc volume poate, marchers Ae Tet asi tad been propety bucked i me comb orn oi rebum Fo arcs arts, ng sab Nem So Hoes, ee Fa sila characteris reducing, (he cel ae of 8LDQ Se er ot mre Be vote hte wand Se LOC a ee wld, poem of eras Ea Soenmercly tegebies wi its sco a eine he a my ae oe re rina ef he Gates oh ee cs Nt ot to LOG ise bark a al ek . nie rds for detecmining volume and geding bINPRASTRUCTURE moans noa-wovale sents, cating {@ Taneporuivon and communist faites, ined vas, ids, ategc nepors lding tye al lnding pas for sre, erase, cms, Pipes, and ado tlepoee, and telograph faites, 1G verte, inclading doce, harbors, pers, ees. breskinston eminal eiues and arouses, a sqft ft fing ad i, (Gi) Cistrial ponve, wats, and sewage faces, inhaling mais supply ‘sfsteasand water daa foe posal of plant wast and sewage: Gs) Pac wellave Calis, including schools, clinics, hese, nd public tale a {§) iscelimcous facie built in connection with to operation ofthe sonoging, including cer, employe hewsng, mace shops, fue, repair shop ae warhoxmes. “LOG ween 2 pation ofa ee, wH8 oF without side tire and bark moved, ethene ‘stanly ist and iene foe farther processing. NENCHANTABLE LOG mewe a LOG capable of being procesed into WOOD PRODUCTS of commer! vale, however (Gif a ber was aot back io assure as much volume a posite, marcato ort ae sued writ heal ben propery buckad. Mi The LOG mot merch oven or me of is vokune subject 10 maj defects "Major defects” Ince heat shake, rng stake art vey, bos, Snes, iy rot, parasic. damage, and siiler charmcteti redong the (Commis! value of aLOG ii) The LOG is not merchanlabie Wf the volume of its sapwood exceeds one-third of te tal volime, eniess Ht ca: be sold, procesed, or ofrwise uilized ‘commeraaly together wi fs sapwood. (iv) The LOG is mt sexchonlable if the diameter of any brmch knot, decayed oor dele or doy ed bit o the sum of the diameters of uch defects exczats tho lamer ofthe LOG insider a tsa a tn aphiving te ition, wwe the stmdards for determining volume md grating wire car ie AUMHORETY Regulation 100-07 on Extabiching » Chain of Casto Syste, Sections 26 ond 27. RERCHANEAGLE TREX ree a te that i at Jest GO contineters in diameter st MREAGE WEIGHT that can produce at fort ono MERCHANTABLE LOG and is (darted end warhead fr felling in fae ANNUAL OPERATIONAL PLAN MONETARY OBLIGATIONS means al ricer the HOLDER owes under tis Conrat, ‘hcleing FEES, able, and amour owes under Social Agresmet [PERSON means any indvidual, pase, jist vantue, associating, corporation, tt, ‘Rtate, unuacoporalenbty,conenuniy, goverment, or ese, and my branch, division, polial subi, ntrumentaity, aulionly, oF age. Fee IN) EQUIPMENT meme de fulowing wzsciy other tm INPRASTRIICTURE necessary oc desabie for options usar this Contract () Fling sad exuacten osipmet, (i) Paces and equpmeat sx, eat, ard ctherwine process TINDER. (ay Easitee and eipment weed im connection with the opeztion of the Fermpoig,incaing fice. maxhine shops, repei hops and waehowses; wT Veils al oqupaen! for Hye wavwionance of peroane, stating thats tres mention reves fate 7g B bnLINURASTRUCTURE mana noa movable asst, iach: ( Treporason snd conection facies, cling owls bids aitone Rapes taing stipe and ttn pd for srrey garage, came, pees, ar edo, telopoons, and tlograp aciites, Pe pon Enlides inking docs, haors per, ete. breakwates, erminat steliten, ard warehouses, ane suena i aig aud ssn, {Gi} Flestiealpowes, wae aa sewage faces clang wate supDly jst snd water drains for spool of plant warts a 3g; Ne le wale cies, tg stool owpias nd pubic 5 (sp hiscellneres Clits bitin connection with be operon of the fiesone, inloting ofices erplojes howsng, mache bos, found, eras ‘hope, and wambonwes. 1106 mens» portion of tet, Wi or widwat side fib on bk onved ethers fuisemtily tact and intended fo arte rooms ARCILUNTABLE! L0G tmcore a LOG espable of being rocesed into WOOD PRODUCTS of sommeil val, Howener: iy The LOG is not merghentile ifthe volume of us sapwood excends co-ed of i toad volume, toler i can be sold, procesed, oc othorvise vtlized ‘oxemacily tage wah is 1000 Gn) The L0G i not rxichantable jf the ameter of say branch knot, decayed se ene I oemyed bot or the eum of he diameters of such defecs exceods the [00 caer off LOG sie hark at sal eo to aphiving tm etnton, we the stedarts for detemnining vole md Brains ays UTHORITY Region 108-07 on Establishing a Caan of Custody ‘System, Secious 26 and 27. SEUYLUTIAELE TREE mem a woe that Isat leat 60 cavéanstes meter AERC WICIGHET that can produce at feet one MERCHANTABLE LOG and is etd nd marked or flog inthe ANNUAL OPERATIONAL PLAN. een tr ONLIGATIONS means al vot the HOLDER owes wer this Comes, ‘state, unincorporated enti, oman oe wate, nd ary brsch, division, lial sus, autho, 0 B= VLaNT AND. EQUIPMENT meas, to ete, thee than INPRASTRUCTURE necesary ox desiablc fu operations unde this Contract: ()Feling nd exraction equspments TOMBER; (ip rocee and qupment used in cotmection wits the egorion of the oe eee tedin elices, machine seps, repair ehope, and waschouses, ee Moe mad equpawat for tor mexsterance of persoonal, clang (hee sores mest, anderen ac amd 7 fo 3 wij) Moveate equipment, icusing motor ybices, uted wal assets the hove fon eategis or with INFRASTRUCTURE, PRI-EELLING OPERATIONS means {iy Pearation of « Srtepie Forest Nanageest Plan {iy prion ofa tre Year Foret Managerant Pan; etnies of sn Eavioomantl eet ASSES (Go) Execution of reguired Social Agrees, {G)Prepansioe of Business Plan, (Opsloustins of at iaitl ANNUAL OPERATIONAL PLAN; sx (eyechune oft inal Perfomance Rend, flfowed by posting of x ansuat esfoumance Bood. uni sans sen rent woo LOGS. Fee RODUCT mem a procersl item made matsinlly of wood, nciaing but rec! to tanec, py-nood, vense,parieboan, md pu. Ib case of dau wees a VOOR PRODUCT, sollow how te tea is wed tm AUTHORITY ena, or mncvain ek «balling cr Sucre surface and incales Sits Ppassk eo Tang, metlsben of Aa, xing, be equipront and Laying oot of See ed my action peiming 0 oping or pepartin oF ease AMES, z= GRANT “PL — Contract Area “AUTIICIAEY gms HOLDER the icone to harvest TIMBER within fhe contin of the Ree CL AREA (ox Specie Provision AI) This amse i contingent on adbarncs Coen bie Contert HOLDER starvess tat be consistent wits ental wt omy of FOREST RESOURCES and implementation of he pars aro weet Tie beasts eaclsivo, wijet 1 the reservations in Section B21) aa RODUCTS other than TIMBER ae not grad wir hs Worcs elem * ‘Grnic prensa in the Contract flow rs Har vost oe. rie rest of 2 reevey, HOLDER shal Tepoet 19. AUTHORITY ary 1 ee i the ces and bounds mor Gon CONTRACT AREA ss for sppropeete action and acu. 2.11 — Reservations ‘he pron recgsie th Chaps 1 and 12 of he Nira Pv Rens Ts of oo rt far prvae Imdowners and the public, sad EIOLDER agrees 10 we Game igs ln ation, the GOVERNMENT reserves fu eke SDT aceon oalow otars wo aces the CONTRACT AREA fore paps ccptamg tor or exghring exces or iat sates, Fa, TS ro remenable investigation, provided HOLDER's opsraent Sad aoe aeat mr be weal inert wih or rigs pejiond and hl Aone sett Dane prepay ar a rauit of each explomtion, fnvstigtion, u OLass SSS‘cxploitation, the GOVERNMENT agrees to provide fit compensation to HOLDER for fick damages ()) ‘To tke from the CONTRACT AREA sich TIMBER snd FOREST PRODUCTS as may bo required for public purposes or to alow others to cesess the CONTRACT AREA for traditional and customary commenity uses of TIMBER and FOREST PRODUCTS, provided LIOLDER's operations and sctiviles slail not be lunduly intefered with nor its rights prjudiced and in keeping. with conservation laws of Tiber (c) To enter the CONTRACT AREA to condict reforestation or any other activity, as may be request for public purposes, provided HOLDER's operations and activiios stall noc be undely interfered with no its rakes prejudiced. (@) To constixt ads, Kighways, always, and commurication lines within the CONTRACT AREA, provided the GOVERNMENT ‘sall not unreasonably inerfere with HOLDER's opstaions and chall ccrnpensate HOLDER for damage caused, including, but not limited to, property damage and economie or othe loses including last prot. 2.2~ Termination Date (@) HOLDER’s lense 10 harvest TIMBER ends on the termination date specified fn his Contrar, unless extended ot shoresed under a provision ofthis Y ‘opsiation of law. te () This Contract is not renewable. Linvted extensions are posible under Section [Be.5 (orce Majeure). HOLDER chal discharge all ts obligations unde this Contact in & timely manner, excepting only thoce obligations for which AUTHORITY bes given \wrtien permission to-dslay perfomance. Absent sn extension or written pemission to delay, HOLDER’s failure to honor ime elated obligation 2.3 — Assignment (@) HOLDER shal not asipn or rans this Contractor any interests, igh, privileges, or obigations under this Contec, without rior waite approval ffom the Goverment of iba By and though the Mistry of fin, Ministry of Finance and the AUTHORITY. — () AUTHORITY-sall aot consent to any assignment or transfer of exeept in compliance withthe requtements of AUTHORITY Regulation 104-07, Section a B30 OBLIGATIONS OF CONTRACT HOLDER 83.1 Pre Falling Operations _ (0) HOLDER shulT nt fet wees, harvest TIMBER, or conduct any otner ground) Aisubinsactvtes port the FELLING EFFECTIVE DATE. aL 15 Z 1a7 days afer approving (o, ia the cate of Socal Agrsements, testing te) the Iss HOLDER’ PRE- FELLING OPERATIONS, AUTHORITY shal ori, it welling. that HOLDER tas completed all PRE-FELLING OPERATIONS, (6) The dae on which AUTHORITY issues to caticaion under tis Sexton i (he HLLING EFFECTIVE DATE for this Contract 13.11 — Forest Management Plan (4) At least 90 daye before th fist anmeal operating season, HOLDER shall eubmit to AUTHORITY a Forest Management Plan covering the eatze term ofthis Coetract snd Jocking far enovgh into the finure to daonswate that the HOLDER'S proposed ‘nage ativtes dating the Coneract tun willbe mstalsable 1b) HOLDER shall ensure that the Forest Management Plan conforms with AUTHLORITY's Guidsloes for Porest Managemest Planning and the Liberia Code of Foret Harvesting Practices, and algo with the requirements of AUTHORITY Regulation 105-07, Section 51 (6) The Forest Management Plan must include te following: (© © Stratopic Forese Mumagemeat Plan covering the eate term of tis! Coma, Betivevoes vt Mangan ana decibel ie Sean Bt: (Gi) copy of ery covrommental impact study requid by (Go) tao Pan eure Soctoo B.D af ia Contac (a) IP by law the environmental impact study requires EPA approval, HOLDER: all soba vuidence of EPA's approval. (©) AUTHORITY stall erie and thes approve cr dea, the Foret Management — Manas povided by AUTHORITY Regulation 105-07, Secon 52. 13.12 — Initial Social Agreements (0) Before the first annual opening season, HOLDER shall excete the Socal ‘Ay osticnis iced by AUTHORITY Regulation 105-07. (\) AUTHORITY shall promply review and either atest to or reject the Social -Aproctcet, sn conforaity with AUPHORFX Regulation 15-07, Section 36, — 13.13 — Business Plan (a) As par ofits Forest Management Plan, HOLDER must include an up-to-e ‘usin Pian demonstrzing, to AUTHORITY's satisfaction, that HOLDER bas the ‘uli aad Svanciel capacity to manage the CONTRACT AREA sustainably {t) The Baines Pan mun cnlern with AUTHORITY’ Gunde fr Foret 16 Gu13.14 —Inisial Annual Operational Plan {) Within 90 days before the Get anual operating season, HOLDER shall submit to AUTHORITY aa inital ANNUAL OPERATIONAL PLAN, {) Ease fr the timing of tebanesion specified in this Section, ce initial Plan rsust conform to te roguiremente of Section 86.11 123.15 - Initial Performance Bond and First Annual Performance Bond {@) Before the deadline set in AUTHORITY Regulation 104.07, Sextion 61(0), HOLDER shall deposit wih the Ministry of Finance an inital Performance Bond, in the Aunt showa in Specie Provision 3, {hb} Bote ihe fist annoal operating tedson, HOLDER chal! deposit the fist annual Peifuunance Bond as tequted by AUTHORITY Regolstion 104-07, Sexton 61, and by Section B6.12 ofthis Contract (e) The GOVERNMENT shall return the ini) Pecformance Bond to HOLDER pronigtly aier HOLDER posts the fst annual Performasice Bond, 15.2 Responsible Employment and Management Practices 1ak—Safe) (@) HOLDER stall follow internationally recognized, modern safer precautions in all scivties, us are used elsewhere by ethers under comparable conitions. HOLDER ‘Soar Zoupy with such safety insaustions thatthe GOVERNMENT gives in writ TE) HOLDER shall employ temporary traffic. contrls only in compliance with AUTHORITY Regulation 194.07, Section 7300) — 3.22 Health — HOLDER shall employ internationally recognized, modem measures for the protection of tpenoral healt and safety of is eaployees and ali other PERSONS with legal sets to {RECONTRACT AREA. HOLDER shall comply wth public health instructions given in “rising by the GOVERNMENT. 7 3.23 Use of Local Labor (a) Ta the selection of employees to conduct its operations under this Contract, HOLDER stall give prefereace to competert and qualified individuals living in and near ic CONTRACT AREA, aed particularly to individuals fom communities benefiting {jou the HOLDER’ Socal Agreements, {@) HOLDER shall not import unskilled labor from ouside Lesa. ff (0) HOLDER dhl coupy wih al ising ad ceptions eqn wv~S aH SSS183.3 Responsible Eavieonmental Practices HOLDER shall soaduct opections in a meaner that promotes the sustaiatle U.vabpouct ef FOREST RESOURCES and exvironimental prtztion for the common ood he peor of Liberia U3.4— Lama and Regulations 113.41 Governing Law "ho laws the Republic of aberia gover this Contract. 13.42 "Third-Party Reneficiaries ‘Au PERSONS dosing with HOLDER, indling enployscs and shashelées, ad ak eRSONS having 2 interest in the condition or management of fhe affected Ccveacrentare tpt bensiirie under this Contract 5 43 — Harvesting Practices nouns ai adie ithe ibe Code of Fort Harening Pais (85.44 Probibited Transactions OLDE cha wr cel ernie engin my aston wey Eprermest faction, oF mmest wiovement fiat the GOVERNMENT has by law or by official sn er loc! tote bn esi, ro stall HOLDER ene in = er usc poli yew (13.45 — Ralse Statements and Material Misrepresentations HOLDER shall ovt knowingly make file saements of tate sessions (ehlag Stopesscataton by omision) the GOVERNMENT on any ei tig fo hie Contact, 3.05 (o) HOLDER chal at at times indermify sod bold the GOVERNMENT 2d its “tice and agerts hares fom ll claims and Taiies for the death of cr sajusy to S a\(uy Holder acknowledges that inte event fay damage, nyo: 1s cae by ee ee gE HOLDER's AGENTS, HOLDER I ate for be damags 3, (rtoo tc dn extent provided by the so Libor 40 — RIGHTS OF HOLDER 4. — Occupaney of Surface and Easements B41 — Pottie Lands Inside Contract Aven Within he CONTRACT AREA, HOLDER shal have fie daht to ces and corey kor ue pac igen wo andertabe openions end eaten et iy Ubi dered x approved ANNUAL OPERATIONAL PLAN, 25 ener Tue toi approval wag by AUTHORITY, HOLDER'S SEARS sed ett poset earl resource va BA.12 — Ute of Pubtic Lands Outside Contract Area G@) HOLDER sal not use public lan outside he HOLDER tas express, writen peoisscn from Al 0) ico roping permit, OLDER sh uot cemmmarter that arate Soil Agreements ‘ll sue awriten coed of dite pls, wd ae OLDER'S requ io AUTHORITY 1 vse sad pubic Lande ms scsi Hor cece, HOLDER ci eake sch copes is Ws ANAO AS CORRS IONAL PLANHésmadeto-this mance, thse request Ceci as equate ew fe land ole the CONTRACT Or Sy a ual apron mcs agosto roview of te AUNTS THREE PEAR. AUTHORITY tay deny he rciest whe spring he reanintecf the pion y AITMORETY shal ot weeny dry pemsion 0 we ah CO AUTHORITY ant HOLDER stall nega he tens end odin 2 1 ee eer oat weighs uy be eco If HOLDER cuties an 0 ih a mo a snd en we er La ec te La Tae uch nd doe ot ete the itt vest TIMER. B41. Uee of Private Lands oy HOLDS. ny merited th eres, ten pein he at “ y THOLDER is weablet oti ihe perisen of tbeland cwnet re eee nals of wy, ony componente Wy Cor : ey am Law’ of 2006 and AUTHORITY Reguiation 10-07 98 Tighe of Psat Land Owes oF of 1 al(0) Wit or without pemisson ofthe Tnad owaer ( HOLDER shall not seek we, leasn,nightol-way, or easement that subetatally interfere wilh te ‘operons of tots scriowsy sued Forest Mantgerent Contact er Ummber Sale Contract eed) HOLDER shat not ites widh say yood Gidh exercise of thint-pary EMS to TIMBER or FOREST PRODUCTS, inching customary ihe, withodt permsion of (a) Ts veidance ot daub, Secon B3.46 dademiicaion and Liab) applies to ‘uy dns againet the GOVERNMENT for HOLDER's damage to or we of pivale fam acing ner this Contact, even i doe with AUTHORITY’s Looviedge mad ‘consent, HOLDEK dees notact as AUTHORITY’ agent 4.14 Other Activities Outside of Contract Area @) All of HOLDER’s fling. conssction, nd chee forest siazagamant scivder tans covered ner Sections BAL and 164-12 must be described tn the ANNUAL. OPEHATIONAL PLAN, and HOLDER sual not begin felling, constuction, or other forcst mmagemsrt asiviier bofore AUTHORITY has approved the plan. Whe the HOLDER underiies fling, consation or cter forest management stivites on thse lands COLDER sul Follow all ows, stats, and comact requirements tha would nove hae activities ise foe CONTRACT AREA, (0) IF HOLDER fells MERCHANTABLE TREES anywhots in Liberia and fl 0 ‘ter the resulting MERCHANTABLE LOGS jn she CHAIN OF CUSTODY SYSTEM, HOLDER sia bred of this Coat © 142~ Holder Improvements 4.21 — Construction of Improvements (@) Sesion 188 of the Naional Forsty Refonm Law of 2006 grass HOLDER, ‘sights conceming constuction of INFRASTRUCTURE. HOLDER agrecs to exercise ‘hose rights subject the equsement inthis Const. (OS HOLDER shall comply wid al laws governing the occupation ofthe and nd ih all laws governing conduction, miaiousace, and ime of dhe improvements. DER shall constr, ratsn, and use the improverants in a manner tht ill not lntsrp o mero wit the cond af AUTHORITY hanes. A qalrements (0) By law, coat improversnis regio pr-auherzaion {rem GOVERNMENT syencies citer an AUTHORITY. HOLDER stall secure sich suthonzaton before emsinitng the improveneas, Activites aflecing pve land ar subjoct to Secien 1413 an the prompt payment of fic compensation to ary PERSON whose rights at 2 atey, 1(0) IFHOLDER wishes to comic, matin ster, or pert ry’ of the flowing iinroveents, MOLDER shal dese the propos. acuviy an ANNUAL OPERATIONAL FLAN. HOLDER bas the necrsmry pomsion 10 proceed ht i [AUTHORITY approves th pln. 1) tober linge and instil, icone rea, wardhouses, some place td unis. {i Mes cf cocuniations, icing tdephos ies and wiles states; {it) Living sccommodston’ an amenities for HOLDER: operations and sce wee tus Conta and iis) Oter balding isillaion, and, WORK. meczsay a wid forthe lisine caning coef HOLDER's operation and aes nde ths Canin {(O inadtiog HOLDER tall sn obi writen permission frm AUTHORITY, spas or tough he ANNUAL OPERATIONAL PLAN, fo fe allowing kinds of ‘nro “) Cheaing th land of ts sibs, and cher cbutncls snd cating wood sucerey for HOLDERS: scivies an pevae lant oor land cusde fi CONTRACT AREA: ip Developmt of oad oust CONTRACT AREA, (Gi) Concroceng my camp, qo, bowow pt tongs or vice ars (A = Sonp incase compete utes poring set a ry enpleye or omc [WORKING on fe prefer for HOLDER: nd is) Any dovcopune or avy on ie CONTRACT AREA not eset for perfrmanes under is Conte _— [Gh Rogues for aptcvl ouside of he ANNUAL OPERATIONAL PLAN mast inclde the proposed plane of he proven (@) AUTHORITY sil ot uel dy ox delay apr -{S} AUITIOHEY all wt ny «charge ac aproval af ae ogi were if ~The inant son pc lad side he CONTRACT. AREA, Section 1412 () serher ss 12423 Right of Ochers to Use Facitities ‘nly projulioe or intrfre wilh HOLDER'S operant; "U5 Allow dhe GOVERNMENT and puile to have access over de: CONTRACT AREA, prondsd tat such acess does nt ont to caromchinent, as provided for i ‘Sevtin: Be 31a docs antuadaly preuic ac tates with HOLDEI"> operant: (o) Allow the GOVERNMENT and pubic to we cormrumicaion tines deveioned tua (ophone Ins, aod other karspenien or communication faeiiter within the CONTRACT AREA. if they do not weeasonably interfere with HOLDER'S aciviies foul fie GOVERNMENT provides fir compensation for damage caused, including Dopey ae, it pro, ad other econcmi ess. QL "W424 — Removal viteeencallyeespecible mane {The deporton of PLANT AND EQUIPMENT cx private land wil be asad on the daar ne oomaney lose Hight of way, or easement thet allowed moe under Srsion 1.13. aa ie 1433 Right to Take und Use Water Sbjct to ne wen pO the GOVERNMENT, goad Sata Aes” SS? Sil the GOVERNMENT or the Social Agrecment ar impose, OLDER say se foo charge azy-water found wikia the CONTRACT AREA sod owe, or wnarng places for animals of a reason supply of water in 9 fa at uch von of ecgineen, been uilized for suc lands, ies, wllagss, owns, hoes ses hon salt HOLDER mere waste ight of water enjoyed ty ny PERSONS reins Lad aud Nave Right Ondinmce HOLDER sll ensure that ts we of wate (ino way cools in evironmaneal damage or creas wher hazards,reAGENTS. sac! this Seton. {) HOLDER s we of AGENTS does not excise HOLDER of ny of is cbigations oc Unites under ike Coneact” AGENTS oat sainiy the sume patonmence qin, in all repets, st HOLDER (©) HOLDER Salt not use AGENTS that ae onthe detanment st kepe under the Public Procurement and Coocesions Ac, dl are on the ists of debarred or suspended PERSONS Kept under Pat Il of AUTHORITY Regultion 103.07, on Bidder Qunlifionions that are ineligie ender Section 22 of thar Regulater or that ave ‘volumttiy excluded sherselves thom eligibility fr Fret ese (©) HOLDER shall ot sll or etherwise give pescsion of TIMBER to amy PERSONS that ace on the Ucbannent fit beph onder the Pubic Procurement aad Concessions Act, fat are on the liste of dearer suspencet PERSONS hep under Put If of AUTHORITY Regulation 103-07, on Bidder Qualfcadons, that we inclgtfe sander Socio 22 of the Regulation; or tnt have yeni sucladod themedlves igi fr fost iseases, (6) i006 AGENTS ott than natural PERSONS to tks on forest management, planing. ee Teng, wood processing, or product marketing respeasbiliies, HOLDER. “Mall ony use AGENTS that sisfy the, Veta in Schedule 1 of AUTEORITY Regslain 103-07, op Bidder Qualfictos, (©) HOLDER sal not wee tele peeing, puyenents not consent with the vale __of secrice ce poole fener, ise fons, mens imndring, of ober subetges 1 taster cat polite tai lites Contato PERSONS wot uid {ot we AGENTS under tha Secon {¢) HOLDER shall we dv diligence wo mie compliance wit the requirements of | this Sceuon. Upon request of AUTHORITY, HOLDER stall preseat evideuce of its etn Wo esure coapliance and aball abe any aliional reasonable stops roquestod by AUTHORITY, inling obtain vom sateen or cetiicationsfcen AGENTS and ‘ie cousesd PERSONS BS.) — Holder's Representatives (2) OLDER sia, efor commencing operation under this Contac, iy in writing, 19 AUTHORITY and the Ministy of Faunce, tte name of the Loca Resident ‘Mnascr enter whooe emerviaion HOLDER intnds to conduct operations and who 1 fuinowsed (9 reve notes im regard to performance under this Contract and tak felgins action. HOLDER shall give AUTHORITY welten notice of say change in the fume or acsess ofthe Lovat Resident Manages, or fier sapervising personel at last 19 days advange auch chang —— (e) HOLDER Lacs Resident Manager shall desgnat, in writ a Field Supervtor Tae Fed Supervisor sll provide coreriound divevion and supervision ek 2 g————— ar HOLDERS opectons and shal be eaitymriable tothe CONTRACT AREA when haute in popes Ths designated Field Sepervsor muy receive notices elated 1 ieee ender te Cortrct and act on eta of HOLDER. The resprsibititice of [iu Sepsrsor stall incide the sagameding of eseureos and staying the terme Tesdent Manage shall provide wo AUTHORITY a complete ti cence SERSONS wadulaad « mau texparsialiies ia Fichd Supervisor's “sence HOLDER'S Local Resident Manager shall provi a cory f this Contract te TIORDER': Held. Supervisor and to ary” other PERSONS autherized t assume ‘espucsibiis inte Field Supervisor abaence, {) HOLDER shall comme that HOLDER's Local Resideat Mansgor snd fick supeuioor ceeve AUTHORITY-appeaved taining, ia Contact requirements, legs egSulouice and sa ouuental taal andguidlins pio tothe tart of operations. wanpy fier the CONTRACT SIGNING DATE, AUTHORITY galt designate « CONTACTING OFFICER to administer this Contract. AUTHORITY may change the CONTRACTING OFFICE s wil, AUTHORITY shal gise HOLDER rice in writing ‘ila sigan day change of the CONTRACTING OFFICER. ‘ho CONTRACTING OFFICER may delegate in writing, powers and dies wo other ukens provscn ate the sole AUTHORITY pomosod aubosizad to rocave of ovale eos rote ele actions, unde tis Coat Sa —Covernment Inspection a espacio of ory scien and operations cared out under is Contacts (ETRE ot clic records Ylang to HOLDER’s wstviten mad operations vet Contec “ (it) lepacuen ofthe boundaries ad delineation ofthe CONTRACT AREA, ant Ge Py(G9) pectin of LOGS and TIMBER to datwine the quanti, quality, and pe (Gnduing species tad vareg) of TIMBER Tavested, tarpon, provased, and travkaied iy HOLDER Bat Nets (a) Notice is efecsive under this Contact wien the otis i hand-delivred er alive by commercial cao Tho party giving notice has the burden of proving tbaives Tey AM notion, regs, oF ether commamiatons ceqied ty, provi for, oF ctierwite laid te Hie Conract cust bein wring 40 tho exe party's areas, eeprom, Foss, ad oer forms of electronic notice ae effetive only whoa dativery i nected pnd bas been conte by the sed, Ca) Al notes ms be waten nt English language. BSS Reports 1BS51 - Records Matatenance and Inspection (Generatly) (6) HOLDER shal te sleveon mcenry 1 demonirl compisie wih = con in te dnt 0s Contes ed year er the Conte tote ORCS SATMORAY Repdaten 10107, Scion 73, coven Sh cou reat mapa ANNUAL OPERATIONAL PLANS, reper and oer (cman tng wo He stvkioe and operatons cared ut nner. fis Conc. HOLDEN sal eco oocyst come fmneacione nwolerg HOLDER and any PERSON with a coctrling intretin HOLDER (netaing aeolian lide es that (erm i defised in AUTHORITY Regulation (2-07, Seen 1G); and ii) HOLDER ondary PERSON in which HOLDER fsa contolling interest, (8) HOLDER stall tm-copis (@etonic o¢ had copy) of all eco, an prs elated to peantonsoutide of Libena. (SOLDER shall rain ite business records an any other request resents ie the Engi lngonge, wih finan taeation expressed in tx of Uited Sites dollars, [ doqutet by AUTHORITY Regulation 104-07, Section 75, cencering tecondtecning cet Elat cagdremmte wer fret management conic ‘CHNOLDECehal dedigme ewer ts main ofice within Libera ote ld office wits Utena oversesng operations fn tbe CONTRACT AREA. the pine rpesitory Triads teoves HOLDER aball inform AUTHORITY of it designation HOLDER Jha hey cumglee sot of the records required under this Secton at the prime ‘ition, The scerds may beth onginals or may be copies of the oinals HOLDER CREE atti cope plier the reponse comet and compete. For purposst 7 Grfotenaining, compliance wits tis Contract and the law, AUTHORITY and the oven may presume dhat copier are comet and compete, and HOLDER 2 - ak ev= 5 S43 5 525vanes any oeny 9 et evidence objection tothe use of ecards in the epost a8 ‘nto enforcement 208. WS) he pounded by AUTHORITY Rageltion 10407, Section 7, concoming candi od inspection rqeirment under foes! Management cousacts, UaUieduiraet tough a mehoriced representative and curing normal, workings usiie aial aunts of HOLDER's zpections and other resnesblo steam rexeamy ta confers WOLDER's compliance with tbe conditions of tis Cttenctoad ll spice tw 1as.52— Annual Reports ()HOLDER sal, witha 99 dans of completing operations unser each ANNUAL DPUARHONAL PLAN, provide lo AUTHORITY and the Minisuy of Finance a wet cl por tht serie te previous year's operations, ncutng the following: ‘(seston of each HARVESTING BLOCK in whick HOLDER ‘operations dating tie prior Yar, COR HARVESTING BLOCK idenifed, 2 full descripnon of the TIMBER profoced, including description ofthe aber, volume, and quality of ante x (nie ere ding, HOLDER dail provide ty AUTHORITY 2 writen secity opie a iss santo? and type of esa TIMBER fhe CONTRACT AREA during the pct S53 — Other Reporting Requirements 1g stall kaep CONTRACTING OFFICER fully and veut informed ois epanaigns and any ether ates refed to hs Comract VO MHOLDER shal comply ih tbe Rereme and Finance Law concerning yong ltd es and FEES. ee Gon waten request by AUTHORITY, HOLDER shail provide, to equred ‘by AUTHORITY 10 detnine HOLDER’s RUMORON A hlly evaluate HOLDER compliance wis tus Contra wd ll Tin lope sated © HOLDER’ operations. REBS.54~ Holder to Provide Documents Free of Charge (OLDER ste prouidh Im AUTHORITY asso, saps, Scenics sad ny ar ifoemetion aie under ths Cat Soot &» GOVERNMENT. Upon wien approval by AUTHORITY, HOLDER may ovis amy ten sports AUTHORITY tn eleirnic format BS.55~ Broad Public Access to Information “The pes understand that Secicn 18115 ofthe Nasional Foreuy Refora Law of 2006 goers to the public Gc acces to all decunonts and infomation relate to thit Contract adits administration suiect enly to limited exceptions. B60 —QPERATIONS 186.1 ~ Operations Generally (@) HOLDERS operons incu all aves cand ou HOLDIR, oF by ‘HOLDERS arpives or AOENTS, anders Comeece == {o) HOLDER tall cone hat operations comply tall ties with HOLDER" specie! ANNUAL OPERATIONAL PLAN. ge * ‘OHOWIER sal conduc al praia wrk moda mn ~U) HOLDER sal expe raion contd nd ofr desoop WORK ance to clove HARVESTING BLOCKS promptly er ings completed 6.11 ~ Annual Operational Plan (a) At laut @ days price to tho beginning of each anneal eponing season, HOLDER stall eibmitto AUTHORITY sn ANNUAL OPERATIONAL PLAN, (The ANNUAL OPERATIONAL FLAN oust destribe the next operating seoson's-manioracivte, including loasing, vimrpental protein meses, rood Cacti aed aninenanoe, and ther actions reqared-by-bxw-or AUTHORITY fo the ANNUAL OPERATIONAL PLAN must be consistant with the Forest Monssement Guidlines, te Libera Cole of Fret Harvesting Practices, HOLDER’ Five-Yeor Fort Management Plan, and HOLDER Stniegic Forest Management Plan. (Tae ANNUAL OPERATIONAL PLAN met identify HARVESTING [BLOCKS md a MERCHANTABLE TREES win dhe HARVESTING BLOCKS blocs maps according 1 te speciticaton ofthe CHAIN OF CUSTODY and CHAIN OF CUSTODY SYSTEM standarts for opertic {@) HOLDER stall disclose fe the ANNUAL. OPERATIONAL PLAN il soviipetd wien of publle or privwe tend outside of the CONTRACT AREA, EdiE ? MLA a Avsninont sal oot approve aeiitics oats af the CONTRACT AREA unless they \nanaasey to operon wedar this Conia {ip Foe mapnoer of leeying the Arnal Coupe Inspection Fee ender Sexton 34 of AUINIORITY hewsdaten 10747, on Cenuin Forest Foes, AUTHORITY and HOLDER (hid rans vos ANNUAL OPERATIONAL PLAN to coetain the Armaal Coupe Pan Phin chews of reaming from ROLDER tf the sreraesd ANNUAL i081 PLAN sad (Q) varieuon of payment oF dhe Anca] Ceupe inspection tee, AUTHORSTY shall approve or dany the ANNUAL OPERATIONAL PLAN. INUAVIORITY stall ake ie dtoriatin wih respect to MERCHANTABLE TREES vol on ins ebie Knowledge of ntenaional markets and marketability of Liberian ane ots marks {in Puce he inwuance ofan ANNUAL HARVESTING CERTIFICATE, WLDIN onl AUTHORITY shal ol a pre-opetions meting toreview he [ANNUAL O02 ATTONAL PLAN and ensure common undersindiig. 1612 — Anus! Performance Bond (0) AUILORIIY eat al th secre of seem Performance fond tas os tho eval AUTHORIIY Relation 10447, Section 610. twinge fol AUTHORTTY sll tale he Land Rental Bid payaient in tho ccinaied enmal vans al bowie estas revenus ion Lag Stumpage Fe on ie harvest Insel desert te ANNUAT.Q2ERATIONAT, PLAN. se {ty aan 30 daye ater AUTHIORSFY approves each ANNUAL OPERATIONAL LAN, the HOLDER shall dopal tk the Misty of Finance an onaval Peformance oli enue sein he procaine pap er (9 the HOLDER dan. fll er weer an ANNUAL OPERATIONAL. #2A— ‘nove HOU DER ts depnited the applica Performance Bd "e) Fach Petonmance Bod ut be sued in favor af the GOVERNMENT, vane tat HOLDER tell Gaituly sod promptly commence cperons wt Wy wall contre omae, pay MONETARY OBLIGATIONS, and bey appicble lt an} seuss, HOLDER stall poste bond in ae ofthe fons allowed under Minto Reeuston 16407, Section 1. {othe CQ)TERNDIENT my raw upan he Peformance Rond if HOLDER sin DING ond the GOVERNMENT. Shoald HOLDER fit comoly with iain Sor MONETARY OBLIGATIONS, or oboy applicable lana snd ‘nguivices, AUTHOKETY way we the Perforaunce Bond t take the GOVERNMENT ‘Mle ising way. ny emoast-owed tothe GOVERNMENT, to replace lat “ine o py Sor restcation of environments dares ‘yAltoags AUTHORITY seme a Uality for HOLDER's ations and docs ot mi ate HOLDERS sur or inde, te Peformance Bend rot ls Niittontey, attr sy GOVEENMENT caine are cisfiad, fo daw Up the tttcns of nn ceded by a cout 1 sane payment of tinpaty cas Neer HOLDER for competion of expyees, vires of ini or etre of (My oe povided under the Natl Foresty Rix Law of 2006, Seoion 5.1(¢) TW) ihe Perforgpee Boed is drawn upon ot eherwse loos va, he HOLDER hut hin ib aga replaced Psfuennce Horo rere the Perforce Bond to aed yale IF HOLDER fils to seplace or restore the bond in ume, HOLDER paling oor antl the bond is replaced arrested ‘ithe GOVERNMENT sll rete sl bat the fal samunlPerfrmanes Bond to tne HOLDER wl the HOLDER has etefartnly completd all of HOLDER's contract Ritts for actions covered inthe year's ANNUAL OPERATIONAL, PLAN. The IORSRMGu ste youn fn mana! Pxforr=> Boat aftr the HOLDER fas Ghismnmy completed a of HOLDER’s obligations ander this Contact 1F the GOVERNMENT propery eave upen the bond to cover HOLDER'S MONETARY OBLIGATIONS, the GOVERNMENT does not nes to return the aot dew Ct 1BG.19 — Annual Harvesting Certificate (i) Afee AUTHORITY spproves the ANNUAL OPERATIONAL PLAN, if Wor te es wer reqirements under AUTHORITY Reulaicn 16-07, Secion 620), Conceving sdmiitaion of Forest Mutagen Coote is curent on all MONETARY OBLIGATIONS due under tis Contract and AUTHORITY regulations; MAD ic dsposited the annual Performance Bond required andr the fus-approvod KNNUAL ODREATIONAL PLAN for the upcoring. season, AUTHORITY shall {romp isae HOLDER an ANNUAL HARVESTING CERTIFICATE: Mi} HOLDER shall wot begin operation: under an ANNUAL OPERATIONAL, PLAN Uclore AUTHORITY sep a ANNUAL HARVESTING CERITFICATE based one plan, = 186-14— Changes to Annual Operational Pian (Uf at ey tine he CONTRACTING OFFICER deteaines that HOLDER'S ‘opections 0. longer sutstamialy in compliance with the | ANNUAL OPERATIONAL FLAN the CONTRACTING OFFICER may quite HOLDER to Submit io AUIHORITY a ae o€ ANNUAL OPERATIONAL PLAN revisions. This puro ues CONTRACTING OFFICER isi nition to and doesnot Ki any ight {for AUTIORETY say haveto tak action fer beach of iis Contrast Wo) HOLDER en iS, owo iniatve may submit a set of ANNUAL HOLDER fovea futwe noncompliance. “O) The revo mest describe dhe a stv Tobe reminder of he season end cnn creonsod uct este teqsrements of Section B6.11 (0), (wad (® ot (his Contact Tos ovision ak effect approved by AUTHORITY. GD AUTHORITY may require 2 updated sanual Performance oad upon deorainaen ty the CONTRACTING OFFICER that fee has bet # matenat change IaHOLDER'Sormts Op LN Aw1a 1S — Five Vene Forest Management Plan io al ehaptto AUTHORITY aiew Bes Yew Facet Magers van ws Sa ere te experaton of hs caren Five Yeor Forest Manageent {b) HOLDER sl ensure that he Plan provides foramina we and pont of FOREST RESOURCES and ts the Pan confine with TOMY" s Gridalines for Forest Management Panning, the Liberia Code of Forest Posse, and HOLDER’: Statogie Foret Management Pian. SDER tll inctade im the Five Year Foret Mauagenent Pas © Secaity nbc met nck te fllowing: Li teception cf the methods HOLDER will enply to prevest trespass and Wun valuing, servelance snd demarcation and mainucance of bounties Se gy t det, cot, espn to pas sad TIMBER thet eae on ofthe muchiods HOLDER wil explcy wo tain. aad mosate saa eee ig suroundrg, Cmmanies Yo prevent od desc eps tal THD at and — aoe panty of how HOLDER will messi the ffostivenes oft scanty eftos,annaita snow and epove ih (uoibe "Sie ie-Yoxr Fort Manag Pi zon — SES ly of HME nat he CONTRACT AREA ca reds co eas bai HOLDER shal bs aa projoion oa rebable dan, nl Sly aod foes mmmagencteesige i tas ot ecg fr HOLDER he Five-Year Foret Marans stm, RUTORITY sl prove o ey he Pn. ™ canon i yommunicesu eared by AUTHORITY Regulation 105-07, Pat Thee "tnt Sonal Agreement negated under lis Cokmct mst have aration of five Go) AUT MORETT dal prmmply review ad either es. 0 o (es ane contermaly with AUTHORITY Resa 105-07, Secion 36 Tuy HOLDER shal not el oss ender his Contract unless a Social Agreement for 10) AM LSS Commissions wth repo fo the area to blo. 1.17 Revisions to Strategic Forest Management Plan ‘Av ny time during the term of tis Conkaee, HOLDER may submit 10 sy 1ill\vthy thopeces revisions tothe Forest Managemest Pan prepared under Sesion + nen at. F au(8) AUTHORMY imiy oolee HOLDER to submit revision 10 the Forst Marageowee Plan o sosount for new information or ckange¢ circumstance. Inet 55, HOLDER stall evce he Pan within 9 days of eciving AUTHORITY "s order, {@) What HOLDER subras «revision of ts Suatogic Forest Management Plz, HOLDER shal inclad wy revisions to fr Five-Yeur Management Plan or Busnes Pan forse to ee fhove svoumente consent tit the ccvised Stakic Tort Maragarert Plan TaD I revision Wiggers environmental impact study requirements ner the Taw, [HOLDER sill copy vith bose quirements natinely fishin. Go) IF HOLDER suberte Plan ronson under this Secon of this, Contac, AUTHORITY shi ax: ortjet he evista within 90 de, 6.18 —Latrasteucture and Works, (@ HOLDER sham excure that a INFRASTRUCTURE and works insted in tetaion otis Contes comply withthe Liberia Code of Fest Harvesting Praccns and Sher splicwle. ews HOLDER shall dovign, construc, and omimain INFRASTRUCTURE. and works in mamer tht avoids umessonabfe risk t safety heath, welfere, ond te environment ‘Upon writen request of HOLDER fo approve a completed insllatcn, AUTNORITY. shall perform. st inspecton within 15 days, so as not Wo delay (GGasssoarly the progress of HOLDER'S operations. HOLDER sll cequest approval == Feronmens-ic of or nagar maaienance on Tas; buding cintrsion,eraion corto projec mad any othe sinifcant land-diatrtng activity undertaken by HOLDER in Felton (oth Coninet, a wey sie sont that AUTEHORITY unable 10 inspect the inaliion wit 45 — dys $i HOU DINte rapes, AUTHORITY shall notify HOLDER ia writing of the feces for postovernaat end provide atime when inspecion may proced ih te cohen inspections, AUTHORITY all apy the procedures, if any, ix the Libera Cove of Ferest Harvesting Practices and te staan in subsection () of ils Seaton, Witun? days of inspection, AUTHORITY shall fumish HOLDER with writen — poice eer of wpe or of WORK remaining to be dane. ") Accspunce af HOLDER’: WORK selioves HOLDER of further catractal hligaigas ntuel to fn inpactod. WORK, with he exception of toads and. crcion.— ‘contol dice Gy HOLDER is espomsble for masiataining erosion contro devices for 5 years fh tn dae of accoplanes or wna the Temsnation Date set atte besinning of ‘hip Contact. (i) NOLDIX ts respemsibe fut vpn ll smd dena fom mataver coo far} yom Hows Ue date of ecxsptoncs er wil the Termination Date sta th Dboginsag of tis Contec. (5 Unul HOLDER gains AUTHORITY'S socepunce for, WORK, HOLDER ecu Hatls fr repr or completion of the WORK, regis of time elapsed. g at 31x M421 Merehantuble Trees \\u MKC HAN AGRE TREES amt be dead in the ANNUAL OPERATIONAL Ian hicaifaor of MERCHANTABLE TREES must be consistent ith the Vids ou sealing snd ging referenced in AUTHORITY Regulation 108-07, 00 he Custody 146.22 Misinauon Diameter Tamtt (1) WO1 DER dell note oF fa fe eaemetil we aay gong Ko smlr hn, reo BREAST HESGHT, Wi) lise of te ze of he ue, CONTRACTING OFFICER my pei, or pile HOLE emove di foning Sens BY2i 10 BT.25 govem HOLDER's rma hae bee pee: foe) TIMES (om standing wees Gut cu sts, — COT HMNER fram sndig, beer damaged about neghgmnce, acu [Wt or stig tee dead by ease 08 a) AMGEN Gem standing eet unnecesetyamaget or neicnly or tay cat W425 Kelling aud Utilization Standards ull ure Gat oll filing and wization scivtes comply with the su contin inthe Libera Code of Forest Harvesting Precis. wot 1624 "Tree Clearing, WWoupes all cosuse dat all tee clearing activities comply with the requirments evident Lisa Ce of Forest Mavesing Pract cn agremant fort AUTHORITY, NOLDER aay cut ay ts, foe of ca ifs manmum diamerer inw if such te i 10 be wd for contruton cnt (ot HOLDER'S operations and activites. Facilities contracted must CONIRACT AREA end bosoms propaty of the GOVERNMENT upon 2—————= «sl B53 Peoweiton uf Ensironment and Contract Ares tq HouDen sa conde opentioas an aces wing oy sasimnmenlly sound forest harvesing prutices tat. confom ws Ute Porn Monegan CHASE, (oie iene code ofFoves arraning Pacis. and Oy acon, eee A a paces epptnsi 1 t ee ong ant TIMBER proces, er conti al peti ed cl 9 Oo 1 eee re sae pte eta sous Soe args wh = 1 (Src peter nena Be wre TQHOLDER chal sr gl opmndios and anv sox 10 prevent potion of tho urounding ereironines. 1n631—Protection of Property and Use of Guard oe wo cng dnl HOLD we pie weet Bt A A ne hr te ete wages, HOLDER shel mw a preryexc in 10 dates or dens of SS HOLDER ree tio AUTHORITY ail incidens wher the HOLDER eee easel toes o ha fre rel or tree st So Sis prs inin Mtem ee te GOVERNMENT ac HOLDER sll maiko reves sccon zo with ac oor in pretectng fend POPE ee GUDER sail we all reasonable means 10 FFERRSONS inthe mia se truncal, HOLDER shall prompy 2088 8 Cr ent oe eto of ee ut ETD i Hs HOLDER sal not condut Mating oF oes SETS ‘peices in 750 eee wos, emanating, aa PS TOR ‘vio es a ORITT ed sao oc rns ws AUTHORITY ==—- 55655 2S SSKO 1io.14 - Protection of Land Survey Monuments Hou beR sul protect all suvey monuneas wines comers, cefrencs monuments, wot bears, Gees from destuctoo, oleraion, or damage duting, HOLDER'S esis If hy munemens, comes, or secesories ae destroyed, obitersod, or ene! by HOLDER’ operons, HOLDER shall ie a land surveyor o reestablish oF the sme lostion the manures, comers oF sesso. Nit Protection Mpatures for Plants, Animals, and Cultural (0) HOLDER ball entiy in the ANNUAL OPERATIONAL PLAN areas veqaitoy seal mexeures forthe proton of plats, eazals, nd eoturl resources. iii rtecton mesures nected to protot Mee arees hall be dered ithe ANNUAL OPERATIONAL PLAN. ution wo king speak protection measures, HOLDER sll protec these sows Tein damage 0° removal digg HOLDER’ operations. (6) 1 additions! teas reourees, or species ao idenifid before sad during nee ofthis Cont othr pay" Contract stall promply give wniten notice rp, an jroem opevauons in healed area, uadexSeii> tit. if CONTRACTING eteanines thre i Hak of daaage to uch wes, twentses or apace om contin operations 1 epee whe or rack-taying equipment io any ares measures, except on roads, landings, WII ied separ pee potecon measures, (HOLTER soll inmndintly nofy AUTHORITY of «distance in any area (2 nequiing special protection measures and salt immodiney Pat operations * enn of the databace Wat AUTHORITY authorizes HOLDER, in weting, to dice! HIOLDEK sha bear wats of rxoare eration and restoration to Wentiiod int doas wot rieve HOLDER of ary evil or ciminal Labliy oberwise ‘to,t5— Wane management and Protection 1) HOLDER sal comply wid the requirements contain inthe Liberia Code of ty: Poses“ he protection of wife the CONTRACT AREA. OLDIE shall immediely loc sed Bock al logging roads and maior skid sy We CONTRACT AREA whan the rads are no Tongst necessary to HOLDER'S veil nn cose shall HOLDER allow road to remain open bryond the Coctrct “QZSSS a@ HOLDER aut) prevent ay vehicle wea in cconscion wih HOLDER'S “oper ob ee for ein ot or de transport of tutors BUSHMEAT. MG) HOLDER salt prevent employes Frm fuming. with sous, huts in projorted es, but uma sted nthe Wife Conservation La or any Pen, and cermerealy sling BUSHMEAT in HOLDER cane and worst. Citar AUENT ef HOLDER fl fo comply with the probbetons of his Secon, OLDER saa aoufy AUTHORITY ond shall, on writen rogust oF AUTHORITY, ism the AGENT. 136-36 Watercourse Protection HOLDER shal! comply ith all requiremenis fr watercourse protection cactained ia the Ubais Code of Forest Harvesting Pracces. 136.37 ~ Krasiou Prevention and Control (o) NOLDER hal cout al operation o as to resonsby isimiz silereion, (HOLDER stil comply wi al raqiemens for erosion prevention a coed contin’ inthe, Libera Code of Foret Harvesting Pactices. "26.38 Prevention of Pollution ——— (wy HOLDER shan provide fore proper tapeaRt sf sawed, ei and aes Coos, or to proven! politioa o eoatememaion © the exvirooment o 1 diver, WS OF cnr waterways and to prevet such Wass from bacoming & asance vious fo PERSONS or propery “o) HOLDER shall le al mizonale peosanions to prevent pollution of i so od eee NOLDER's eperaions KE faites for employees ae eablished oa CONTRACT AREA, they shal be porate in Si Sen Zit atom al eqepment ‘nue, HOLDER shall tke appeopeate preventive measures to ensure that any soil of ARPS es products does nt eer aay sbeRm GF eer waters. Ie tat oor oil 8sas AASLN ois senate ewxots 5,000 Wier, HOLDER sll peepare a Sil Prevention Control Measure Plan. {Ve DB shal eoniy CONTRACTING OFFICER and apenpriate agencies of \ xls of ct oF ot pioduets or hazardous subsumes on oF it the vicinity of COSTHACE AREA, HOLDER sll tke whatver scion may be safely secomplished od Reactive of Silviculture AL ~ Conduct of Logging OVERATIONAL PLAN, {0s HOLDER sll Gommply wi th vequiemens continad in the Liberia Cad of Woven snting Prasies {} HO DER shall pesewt LOGS skidded othe skidding focation ina manner 39 tw ty ca sally, acearately, nf efBcicy seal AUTHORITY any rf to ing LOGE the canast be monsurd accuse nd afl, Na.42— Reforestation (0) OLDER sal equ ha tse soyer ie retblihed Wey HARVESTING 1WhOCK sin 5 yours of completion of barertag onthe block () I MOLDEN plate tes for seferesaton, HOLDER-shall-se-iee species dust Libri 14.5 - Rond Construction and Maintenance HOLDER shall cary out rood constuction and aninenance activities in compliance ‘ni the sxsierintecoetsined athe Liberia Cte of Forest Harvesting Practices. 4b Wire Precaations and Control (a) HOLDER sho take al nacesary moneuee to prevent an contre fires and hal HG01 Hire Conerod VOU a bo lodependendy and in cooperation with AUTHORITY, tke all ‘mae a pasesble action to preven and auppros fires cn or ofthe CONTRACT 36 Gs yeSs Saaa——5—AREA, HOLDER independent inital fire suppression action on such fires shall be fancdinte sd shall incide the use of all necessary personnel and equipment at HOLDERS cisposal, AUTHORITY tay require further actions by HOLDER uni sech fe is contre ad mopped up toa point of safety 1B6.62~ Fire Suppression Costs HOLDER shall pay fire-fighting cose for any fire on'or off the CONTRACT AREA, if ‘eaiod by HOLDER’s operations. 186.63 ~ Participation in Chain of Custody System (e) HOLDER shalt comply with ll requirements concerning CHAIN OF CUSTODY for FIMBER contained jc AUTHORITY Regulation 108-07 = (0) HOLDER shall alter transport noe process any LOG or TIMBER PRODUCT ouside ofthe CHAIN OF CUSTODY SYSTEM. B7.0— FISCAL OBLIGATIONS Jnconse and Other Taxes we Ui toders of Foret Resource Licenses shall be subject wo taxes, dies ar Jors of general apptcatien under the Revenue Code of liberia. 7.4 — Fees and Rental Bids 1B7.11 ~ Land Rental Bid Payments (@) AUTHORITY stall exlouste the anual Land Reotal Bid payment based on the big provised in the bid opening ceremony. multiplied by the surface area in hectares of the CONTRACT AREA. = — (o) AUTHORITY abl inorence the payment if equired due to negotiations under Section 14,12 (2) (Use af Pablic Lands Outside Contact Arca). (o) HOLDER shall make payment of the Latel Reotal Bil foc annually (ook and cevecd ei of enirat dation) to the GOVERNMENT not Isr than 30 days after the CONTRACT EFFECTIVE DATE. 7.12 ~ Stampage Fees (a) HOLDER stall pay log stumpage fees to the GOVERNMENT in the amounts sand fs acs tablished by Pact Il of AUTHORITY Regulation 107-07, om Cectain Frcs Fes 7 fe 7Te 4% — 19) he ois ite the methods eto ia Sections 26 and 27 oF AUTHORITY. jpdouse Uh stibehing & Chain of Custody Syste, to detcomine vlunes and To) HOLDER shall prvset LOGS fom bsing processed or export before ‘ac Le ns pd hog orpape ees. WIL) Lana! Rental Rees {oy HOLDID el pay She GOVERNAGENT an arnt contact admins sed es Section 32 6€ AUTHORITY Regulation 107-07, on Cain Forest hy 0129s yan refit the GOVERNMENT a oui nde Sento 8 AUINOREY Regan 17-07, on Carin Forest Fees. For pps of Cala es fo he land jet w this Contac i the ajuda derma oust 7.10 (yMOLDIR sel pay an sel coupe nepction fe 10 the GOVERNMENT ae feyted mis Socios Lat AUTHORITY Regdaton 107-7, os Cetin Forest Fes. ates ahi Hal festa he ANNUAL, OFERATIONAL PLAN cootin the wand come in = wae rst Product Fees Wor 10s hl jay frst rod es fo the GOVERNMENT i heute tha tune vated by Putt of AUHORITY Regeaten 107-07, cn Certs Forest ees 7.2 Other Payment Rates W121 ‘Yiwer Cut'Through Mistake vn ou sual ha to nium meer i specified in Secon 622, eat CGN ong iitae and included By CONTRACTING OFFICER, shall be aaa al Forty HOLDER a the LOG stumpage fo rat. 11722 Timber Damaged Without Negligence Sint os salle ha the eikomam dames ait specified i Gestion D622, Tinta wate negligates by HOLDER snd desigeaed by AUTHORITY, shall be cut i pid fo Oy HOLDER at the LOG stumpoge feo rat. ak n & A1S SR[37 23—Tiunber Vanecessarily Da aged or Negligent or Watfaily Cat ‘senting str ta fi inns ae nt palo SAS 5, et i aig ox way, ot HOLDS, included by cot a TICER, shalt Cah reson ot Pa HOLDER at te CONTRACT erm Su ane = 2H ‘s.altion 1 a iE ce ai a tt Sm ee brs. 157.24 Carelees Falling or Extraction OLDER stull pay she sa of oe 1OG senpage 8 and LOO estat 55 HOLD ATTABLE LOGS damaged or boken by Saget ating or exocion and ct ER eon oy pees atm bere 37.25 — Liquidated Damages jancessry dane 10 oF mento kad cting of uncesigued sti Sac eo Sexton B7.2L B25 wd BI 2 be al HOLDER ia aber ot ober ame 1 Peet i nll be dict, if nk soon therefore, HOLDER shal ee 1 dete ie anos! of A sll poy 28 ine mos mn OA 2B a [Os pie mers of rete vee ms yy AUTHORITY. IF removal rine ed by CONTRACTING OFFICER, SEEDER shail enwve md ey ol ste FEDS fore TIMBER, i mon the Higa dns en ry ve BI3— Payments 1-31 —Deslganted Account oy pei Sn pay MONETARY OBLIGATIONS, ‘owed 1 the GOVERNMENT 10 80 HOLD ne Ses Tho AUTBORSTY, Tae 107-01, on Cex secant es wil bce cn te esis ‘Far te kepex ofthe account p732—Accraal g AUTHORITY sll ge the Mins of Finance prompt rte. of acer of HOCAEAs MONETARY OBLIGATIONS owed 19 “he GOVERNMENT, 10 facials nocoxnting of pa »” “| | ay1) 1018 ue duc assed in AUTHORITY Regulation 107.07, on Cetin Fort eee att inc rsce umd provider 2 wnitan copy 2 te Minty’ of Franca, 7.41 Payment Guaranteed by Bond or Deposited Securities (4) Ar ot bn Sections BS 1S and B73, the GOVERNMENT may éraw cn [Ho performance bod t cover mpd MONETARY OBLIGATIONS. Whether fs shen sn tie le the isrein of GOVERNMENT. (69 WOLDIER my aso provide individual security trough advance depot i the i ‘provider vate fecome ve, onless HOLDER gives AUTHORITY an Minit of Finance as wos satin for dain upon such sce. W/J4- Payments Not Received ‘ie posisions of hit Ser appy-unless Pat Vi of AUTHORITY Regular Joy jjon (inta Foest Bees, f some fer applicable aw i more stage 8) MONFTAKY OBEIGATIONS ave due and payable on the date on which the MONMTAY OBLIGATION sees HOLDERS ovang amounts due for 20 dayr-or— fy ths ano dow felraithout interest o penal. —— Vulce ope arom de within 30 days ofthe date duc is a Breach of his syn i ot credited within 30 dysaltrthe date do: all sees ond fc GOVERNMENT shal oilers pamity of (ra peree ui tis COVERNMENT may calle the payment, pls aay pons, ples any Vices ksesed under subparagraph (QD, through the Perfomance Bond wd nde Section B3. 45: Such eallocsen oes not cure the beach & wave MORITY's right 0 sgek remeties based x the breach, However, it dos ii) On anon past doe tore dha 69 days, AUTHORITY shall assess and the VvMDRMENT sal elec nterst t th standard interest rte pushed by ‘het gra Hine, compoued mami, ap all amon aud pansies pat dv, ‘iste uments buh de ous ad the pale neon Bom ha dine ‘Noone mats wee ds (iu ta ltt collation of deb, AUTHORITY rngy waive penaies under this “ton f HOLDER 8 aneas pays al amounts due, wit interest, win I year ‘sama eon duc, ) sacpacegr (Xin) tal tape if anyon bas ied a lw oct the sos Oe rey é yw(@ Tae canoes For HOLDER lure 0 sake pspsent wh de stall be sanyo fo long ano fr oe et cx as to HOLDER tion ome sh payer: ip HOLDER Giles so peseees sty CLAIM. B7.35~ Prohibitions Ge writoc 06% eyes noun past defor og suman foe TOE 1 ee leo expo FOREST PRODUCTS wa HOLDIS ba si Faden, pals, ad iret Ge. owe mart pat do fx vest roti for HOLDER oo sade rap FOREST SRUCTS antl HOLDER has pad all amounts, penalties, feserest ue. Ae OF PRODUCTS Invested tm cepted wit pvin CS se nao Trea, pss fxs, AUTHORITY ey tina she Conrnetof 188.0 PHRYORMANCE AND SETTLEMENT 155.1 —Now- Waiver te tas iter pry ny tme. 10 rie peaorac by thee a of re ic oy ae eet mc at rem 2 eof te Catena Al Over ce trex un ehh wer ay eae! och of x roe 8 teaver of the rorsion 1B8.2~ Approval.and Consent ny prot mn cont coed andr ams a conto 08 So fry eer cy iho lao gtd mist combos at RL sacrous or dsedmanaory agains OLDER — 1B,3 — Disputes and Claims Gu Pac by HOLDER ty sul « CEA fox etme win Oh apse SE AUTHORITY all eign AUTHORITY oe =” ‘ed Sokgatnns wtatsao elated to the die, mt Wt suet us Cuts bo deed to, CONTRACT rr CONTRACTING OFFICER sll hve 0 days afer eset of he CLAM, FICER. CONTAC avs any ages wen, #0 consider HOLDER's CLAIM = Joos an HOLDER may =e a|. }CONTRACTING OFFICER’s doison shall Ne consistent wi au ar shall be Joos sat it slerpecsion of Conkact fequremens and the established tats wag he CAT, (CONTRACTING OFFICER call prpur a weit decision and furish acopy 1.140) BU Theociion of CONTRACTING OFFICER shal ke fina and eoncis ve, is ays ah 14, HOLDER fs fo appeal the deesion Won appropaizie WELT Contenet Documents 1s patos vend ll Cont docoments tbe consistent with each other. ease of Ato, th blowin ise erdr of prevalence: ‘es Speviie Provisions (Past AY 1 anes ise (et {w} Moonee nouns despa A) CONTRACT AREA raps {c} Paes soc a exteion contrat and Fire precation® and contr 10) Ayweenerts Between HOLDER and‘AUTHORITY, 3s authorized under this (a) Hager pas: % i) Figen! dimeasions overseeod dimensions {iy Lane sale plans over smal scale plans {us Luu apd ies in plas over any cocting notte on pans 109) Shop dering = (0) Hae speciation {i Aller teenced cr appended documents. WH lle und Liability URAL “Tite Paseaze Cav HREOMUNT pas all gh, te, and nwerest and 0 any standing ees oF ‘ist Kons sho suading tees ex TIMBER have been cut and scald, LMUNUIT ARV ONLIGATIOSS owed tothe GOVERNMENT pai, at which ti hia 1p oes of TIMER axe destoyed or damaged by. an unexpeced eveet tat iy changes ds magure, ssh as Te, Wind, Dood, insexs, disease, or sider dg ie sal boar the value fos rang fom such destruction or sicttts dull uot be eonsnued 4 relieve either pasty of iy for QL 2ae Sy, B.S — Voree Majeure (@) The tes fore msjeure, abused la tls Contac seas any caus beyond the emnabte conol of die partes and which the pares could not foresee and FRESE: provide gsi and tat proveres the partes from wholly or perialy Reina fny respeins shies unit is Canuact for 13 comeeive dys & more [ccc not), Force mare includes the folowing: (Gy not ef God, aeident, ves, explosions, euthquake, Hood, violet storm, Inuricans ihn, or ther tural dscns; (ip War (whether declared of Bo), fxaluoa, insertion, invasions, acts of ubticenemies, or hess, . via) Rit ciel commenion, sabotage, siker and sinilarIebor related disputes (if cutting era posod of 60 days OF mors), of evil uprising (aot resulting from & sepigart act of the employe; (av) Epidemic, (G) Exproadatin of faites or goods (2) aecteen restteons on de, embargoes, ches, or olberoctiiies impose by any sovedgn: oF id AUTHORITY demands by writon order tht operniofs.be delzyed ot urapcs far ruses other han eurpenson fr breach of the Contact (G) The rniny seen Hs foreseeable and, therefore, does aot quai. for fore ssjoure “Silva the yt of HOLDER or of the GOVERNMENT to fli acy of teins aed conaluons ¢f bis Contre, other thm HOLDER'S obligations to make seman Gf nancy tna arial before the cammencemant ofthe foresrjere, shall clin ema to bes tres of dhe Comsat by citer pry, insofar accu fire ose by fom = ay decugh force exjeee, the fuilment ty HOLDER of dae tens and ccndiioas of is Cartmit Is delayed, the period of such lay shall be added tthe sate foe Fal thin 30 daysaftr te ocamrence G Any patty who fals bocaute of fosce majeure to perform its obigntons sal, pon ‘ne enon of the force joa, tke all reenable steps with its power aac good ead roume, wi he leat posible dalay, compliance with tose obigntions 1.6—Contract Interruption (o) CONTRACTING OFFICER may, by witn ons, dey oc interast nMossea opens aer te Contact of ody this Conract, in whole or ia io prevert environment degradation or resource dame, inching, bu not virmted 1c hare abit, plas animals, o ett ress; Wi Te uur cocaisoncy wi fhe Eaviecenental pact Assestint nd eae ocuren Gg awi ald nal envitanmentl analysts boul wath a eouet oe So hy oF eruption, if ay, Hint to invoking ve wader Secon BA 5, Wms HOLDIG toeades ay of fe sal provtiont of ti AUH'Y sll sive HOLGER ose ef es heat ml of AbSRIGGTR “iv rp lay a of HOLDER wan: Sec eke Soa vn i HOLDERS opens shal be wc ceo oe sent spend be given i such broach constitutes atime hte to ames fs oo ai vointte snd pute damage Yo FOREST RESOURCHS Sten sed ‘ori nc tay be en Yo HOLDER’ WORK seponice @ is wom {isso snes tne parting the operon Aneel spc’ aoins ea nly “Caw ty ‘tethone mice and. water erloeten ae Fat Tint Co tOLD ER, Invent) ste oro ten suppesion, FDA. Reprszotaiv. skal ay” shall romply review the suspersen 10 determine if the mod oF lied. Such suspension shall be Hited a5 arty es vr writin dotice oF such breach, HOLDER shall remedy the beac oy, esse ude eumerysicy condos when action sould net be dlayed Yo penn i ange WK Hadlow Execute Contract isto spn fo signing for nly 99 dave ser the AWARD NOFICE DATE, ula CONTRACTING OFFICER gives wuitlen ecension of ta, CONTRACTING (9 1¢1 8 so thn tis Contra in es enirty inthe event thet HOLDER fete "sforrancs Bond ina timely fst at nape under Sete BS 1S ‘= W the HOLDER fails to execute the Contac or post the intial West in timo fasion, liquidated damages shall be equivalent 19 HCH bls woes prio es FELLING EFFECTIVE DATE, i a tm cove Wy wld DUAL anv =~ ) vont Re “a. {(@ HOUDER ais w cme a PRE PELING OPERATIONS win one year ofthe CONTRACT SIGNING DATE, “GOHOSDER sbendene peratons or period cf Year oe more, {OHOLDER sgaincandy falls o meet the requirements of m approved ANNUAL OPERATIONAL PLAN. TROL ER colgas t= Ginger i wie OF pnt iyhts is ander tie ‘conser without fe corset of AUTHORITY; Ey ToL Du goes enka or liquidatn, whether volar or inn (eoetShan for Ge pune of oorgamenbon), oi x receiv i apps, & (eeeiyER fale o vrata te stats Comore enki Lxwflly abe 16 do business HS oLDER fas 10 comply wih any Gl dection of 2 Libra, cout of cree ito ina coatoveny between HOLDER and the GOVERNMENT ree also wet any MONETARY ODLIGATIONS nena rome or big oA PRES fo the OVERNMENT ox payment fo loa comments, in & timely fashion, SOLDER fist remy mato reach of eat within ie i me Sesion B87 of tis Contes, AS OVER has engaged in pate of aciviy thal donors Dagies t ange foe te as of ths Cowtrack sue A Bt no ied 1, repeated spent 8 eee causing udeaignsted landing tees Gt TIMBER to be vonceessarly ot fer Shor walt ct, Or causing other sxcus cvirneentl degradation a! Fear damage, eS OL DE fl to mbt heres QU ant cntact mits eee sw eacply wih ay provisions of Law or ay epultins fed thereunder, Te ER wildy oF itetonally-~WRiEE"=W FOREST FRODUCT for ot cain, 12, OLDER iatncally,cenoves any TIMBER, FOREST PRODUCTS, of caurd) eosevor oot provided (or it is Contact without writen aproval Uy (CONTRACTING OFFICER: TOLER eisreyceets 1 the GOVERNMENT any fi mates 1 tse oF we this Conc, a Me OLDER temic Sr ikon of nia soe or cna me acter” porns, e¢ oer reulions Tor eavtotmentl proton ued Yy & sr Prrner ages, eat) agency, er pita subdivision theres (OHOLDER fas to comply witha Social Aaseemets «1 (HOLDER er ts sma otic ae envied for violation of criminal sens, rit taeda or any ober offense indicating ak of busines intity ox honesty ak See aly ais the epomataiy of HOLDER, including 3 ct nein or milan of FOREST PRODUCTS ior wy popes, ent ofa, wtity, action money. ot kickback the gating oe toees ce faves beyond the seope of ordi coun or hoptiy © Cee ee eas GOVERNAGENT aetion relating to FOREST RESOURCES: sci lt foqgy, badey, enecalement esieation or destruction Of Yee eee Ae seuomnts. ox mloopesentainsHmugeng oF er is .geee eS S|& svn, oF violator of AUTHORITY Regulation 10407, on 1 wal Adiinstation of Farot Management Cootmsets, Timber Sale rot Use Pernt ‘oor Hhsnusin setingy, imimidsting, or itriadng. ei) AUTHORITY Inve! ng, om seca af, 6 performance of their ficial ties ‘vadng Me outcton, aproverent, or adinistation of forestlands, 1IN11. Levmnbantion for Breach Procedure (HIN: OFFICER dull give HOLDER tice in writing, dat sal at specifying the parila beach and rquiing HOLDER, hveaunded tne dst CONTRACTING OFFICER allows, to remedy ea poy may connpnson due othe GOVERNMENT, ‘iit alt to suspend opersiens, CONTRACTING OFFICER shall so sue spew € Operations an ies fits this nx spends operons but fais to ry the breach wit 90 dys Ihtcinl te fe shows, CONFRACHING OFFICER mit procrel 10 (iy COrstHACTING OFFICER stall not eminate hs Cora if: ———— YT HIGH TEM syateswlnstir ther has bos x breach ofthe Coni,and ANH ILI tc, 90 dope or suck extend teas is wowed, referral Wellquto: CONTHACIING OFFICER for decision ands thereafer lige, ts CLAIM — {in Uses evvinatign by CONTRACTING OFFICER, every ght of HOLDER sh Some net HOLT shall bo Kable for damages or anyother obiizaons 1 the HOVUMTIM A eer es Contact ie my outstanding damages and contract blgations, AUTHORITY Cite Lage dango dae to Semiation equivalent t total Land Ia inl Toes sf yours loch fe octal time necessary 10 elf and sel tbe ev lnic and Other Reviews / Sot sper Santina RS ¥of this Contract, co meal atid ny wali, by AUNHORETY staff and acceded. thir pary vivine uaa, AUTHORITY may ales conduct oe allow other nce wah apyablerouierent whl GstoBABI — Annual Compliance Audit (2) AUTHORITY sll convene ans hoe Cooteet Adit Conenites to promerty ‘complete on soasst comractincuting each specific and gmeral previous sat and itn toport in the fist quusisr of each fiscal year Afer constftaen wih the spyopriate apenies, AUTHORITY shall name up Wo ive individuals 1p the Contac Aut Commitee. including atleast one representative fom each of ts flowing four ‘xgmnizatns: AUTHORITY, he Minis of Finance, the Misty of Fasica tnd’ cel ‘ciety group nt allie with o centrale ty the HOLDER. (©) HOLDER shal appes before te Contmct Awdit Conus at the Commite's Feqves. HOLDER shall Gemoasiate teat HOLDER isin fll compliance wit tic Contras Spc sily, HOLDER shal aed the setsen and present (© A sewilicato inved by the CHAIN OF CUSTODY SYSTEM Mansgur showing all forest tsaion and relatd forest charg fave been paid ding te precisa year Gi) 4 certo issued by AUTHORITY on the sans of breackes of contact ‘provisions snd. violatons of forest laws and regulations for the preceding fiseal Jem, Gi 4 ceficae mse ty the Minis of Fiance showing bat al income and ‘sompoate ins obligations have been discharged forthe preceding fal year 9) A sina catia for caren seal year = (0) A copy of HOLDER’¢taited accounts forthe proveding fiscal yea, and (0D A.cony of HOLDER'S fers cerfemion if ppicable 1HB.A2— Kive-Veur orest Management Review (8) Wiis 11 months from he start of harvesting operaions AUTHORITY stall age notice co HOLDER that a forest managers! review ef the Foret Gortract wil be ecevicted wilt 30 working days to provide batline information, ‘Within 6 mens poe tthe end ofeach 5-year opera period ths procedure shal Be penta (AUTHORITY sul enage an infependen aaditing body 10 perfeem the roviow. HOLDER slut cooperate with the feriew and shall be responstie for th reason conte charpod by thoincopendert ailing body = (© AUTHORITY hall require the independest suditng body to cinded ‘aimisriv = fold checks eso the felling aspect: ( Cowoliance with conic, Gauci Maagement and ANNUAL ‘OPERATIONAL PLANS, and other documents hat effect HOLDER'S atin, (i) Adoqute writen procedure: to assure compliance wih cequrccanls of Oe etic. Gi) Adogate Lnomledge of dhe essential requirements ofthe procures by each PERSON in HOLDER'sorgaization whovefimctios ate aed by them, v) Adequate operon sopervisen and CONTROL by HOLDER tb sssure sorpiioes wi he proce ey. CG.Tonto nh accssbiy of fesomds hak demonsate HOLDER'S (sand tat oppeopdte conesive sions were ake elie omen foal: ad w+ wl gant to payment of FEES and regulatory violations. esponsibility Review I) stl siussne aa al Noo Social Responsibly Review Commitee at io) ns aun (9 yeas Wo eview and prepare a writen report othe ‘eins wth Wen! commesuities nd compliance with socal agrecmctis IH 19 dt enqueue th Comme’ rue HAMA Adkttiowel Avatien (4) the (0V/RNMIENT serves fe right allow much hid party and 1 HOEDER'S contact oportioes Metering aeganizations et publish ary confidanal busnass information 'L15 of the National Foes. Reform Law of 2006 vedo ia wa Hos OCU (i) CHOU Vale te demorsrate comping will the Contract ce pein ws to im during to Cenkeset ie then HOLDER shal bo abe to Ferra ie ec cr cnedcting adits! eld andieto meesure compliance wi and Contrnet Clonure 1 sttipatan Setniunty yoda these ofthe Contact HOLDER shal be aid ny refunds ci femaAL.ONATURE PAGE “witness of their ase:meat, AUTHORITY and HOLDER now excoute this Contract, epics be eet upon signature hy the President ofthe Republic of Liberia and atifiaton by the Legislasup athe Republic Ja Stl L. di wwe hci (en = By “(aed began alata + APPROVED BY: (ie - Meee atte “President, Repo blie “ Gs= ROCRTS SISSON OF Tel oT sco LEGISLATURE OF THE REPCELEC OF LIBERIA SEXATES ENDROSEMENT TD HOUSE'S ENGRCSSD BLL SAT ENTITLED. cAN ACT TO RATIFYING THE FOREST MANAGEMENT ‘On motion, Bill read. On motion, the Bill was adopted on fit ang nd etn Connie Ror Toy, March2009 ATTESTATION TO: ‘AN ACT RATIFYING THE FOREST MANAGEMENT CONTRACT AREA “C* IN RIVERCESS COUNTY BETWEEN THE REPUBLIC OF LIBERIA REPRESENTED BY THE FORESTRY DEVELOPMENT AUTHORITY AND LIBERIA TREE & TRADING COMPANY, INC.” 4 fazswecuy a- fe rPant PRESIDENT OF THE REPUBLIC OF LIRERIAIPESIDENT HE SENATEREPUBLIC OF LIBERIA JW. HONORABLE HOUSE OF REPRESENTATIVES ‘capitol Buiding .0. Box 9005 Uberia Monrave, 2009 y-SECOND LEGISLATURE OF PILE Se SSON OF THE EU THE UHH ULLC OW LABERTA ROLLED BILL NO. 6 ENTILED: AC HEDHT EOF HOUSE are ar 1 na :tHyING THE FOREST MANAGEMENT CONTRACT en tavenc#ss COUNTY BETWEEN THE REY AN UMUIUA, KKERESENTED BY | THE | FOREST WHVELOFMENT AUITORITY AND LIBERIA TREE & ‘TRADING TAIMRANY INE” innit 19 4 111E PRESIDENT OF THE REPUBIIG OF LIBERIA THESE UUCIVE ABBROVAL, woepwrieuis 7 PAYOR oy AD. 2009 ava rwancan HAS heb (eee Vases kee rail ra SIDENT OF (E REPUBLIC OF LIBERIASec.