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EXHIBIT 10.4

NOTE PURCHASE OVERRIDE AGREEMENT

        NOTE PURCHASE OVERRIDE AGREEMENT (this "Agreement"), dated as of
April 19, 2002, among Crown Pacific Limited Partnership, a Delaware limited
partnership (the "Company"), and the Holders party hereto. Capitalized terms
used herein have the respective meanings ascribed thereto in Article I hereof.

RECITALS

        WHEREAS, pursuant to the Note Purchase Agreement, dated as of
December 1, 1994 (as amended, modified or supplemented from time to time, the
"1994 Note Agreement"), between the Company and the purchasers party thereto,
the Company issued and such purchasers purchased $275,000,000 aggregate
principal amount of the Company's 9.78% Senior Notes due December 1, 2009 (the
"1994 Notes");

        WHEREAS, pursuant to the Note Purchase Agreement, dated as of March 15,
1995 (as amended, modified or supplemented from time to time, the "1995 Note
Agreement"), between the Company and the purchasers party thereto, the Company
issued and such purchasers purchased $25,000,000 aggregate principal amount of
the Company's 9.60% Senior Notes due December 1, 2009 (the "1995 Notes");

        WHEREAS, pursuant to the Note Purchase Agreement, dated as of August 1,
1996 (as amended, modified or supplemented from time to time, the "1996 Note
Agreement"), between the Company and the purchasers party thereto, the Company
issued and such purchasers purchased $91,000,000 aggregate principal amount of
the Company's Senior Notes, comprised of 8.01% Senior Notes, Series A, due
August 1, 2006, in the aggregate principal amount of $6,490,000, 8.16% Senior
Notes, Series B, due August 1, 2011, in the aggregate principal amount of
$50,000,000, 8.21% Senior Notes, Series C, due August 1, 2011, in the aggregate
principal amount of $19,510,000 and 8.25% Senior Notes, Series D, due August 1,
2013, in the aggregate principal amount of $15,000,000, (the "1996 Notes");

        WHEREAS, pursuant to the Note Purchase Agreement, dated as of
December 15, 1997 (as amended, modified or supplemented from time to time, the
"1997 Note Agreement" and together with the 1994 Note Agreement, the 1995 Note
Agreement and the 1996 Note Agreement, the "Note Agreements"), between the
Company and the purchasers party thereto, the Company issued and such purchasers
purchased $95,000,000 aggregate principal amount of the Company's Senior Notes,
comprised of 7.76% Senior Notes, Series A, due February 1, 2012, in the
aggregate principal amount of $15,000,000, 7.76% Senior Notes, Series B, due
February 1, 2013, in the aggregate principal amount of $55,000,000, and 7.93%
Senior Notes, Series C, due February 1, 2018, in the aggregate principal amount
of $25,000,000 (the "1997 Notes", and together with the 1994 Notes, the 1995
Notes and the 1996 Notes, the "Senior Notes");

        WHEREAS, pursuant to the Amended and Restated Credit Agreement, dated as
of December 1, 1999, among the Company, the banks from time to time party
thereto (the "Banks") and Bank of America, N.A., as agent for such banks (the
"Bank Agent") (as amended from time to time but as in effect as of November 7,
2001, the "November 2001 Facility A Credit Agreement"), the Banks made and
agreed to make loans to the Company on an unsecured basis (the "Facility A
Loans");

        WHEREAS, pursuant to the Amended and Restated Facility B Credit
Agreement, dated as of December 1, 1999, among the Company, the banks from time
to time party thereto and Bank of America, N.A., as letter of credit issuing
bank, swingline bank and as agent for such banks (as amended from time to time,
the "Facility B Credit Agreement"), such banks made and agreed to make loans to,
and issue letters of credit for the benefit of, the Company (the "Facility B
Loans") subject to the provision of liens on certain of its property by the
Company;

        WHEREAS, the Company, the Banks and the Bank Agent desire to enter into
a Third Amendment to the November 2001 Facility A Credit Agreement (the "Third
Amendment") (the

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November 2001 Facility A Credit Agreement, as amended by the Third Amendment and
as may be further amended, modified or supplemented from time to time in
compliance with the terms hereof, the "Facility A Credit Agreement") to be dated
on or about the Closing Date;

        WHEREAS, the Company, the Banks, the Bank Agent, the Collateral Agent
and the Holders have entered into a certain Intercreditor Agreement;

        WHEREAS, in relation to the execution of the Third Amendment, the
Company and the Holders now hereby wish to modify and amend the Note Agreements
and the Senior Notes in certain respects, all as set forth in greater detail
below.

        NOW, THEREFORE, for valuable consideration the receipt and adequacy of
which are hereby acknowledged, the parties hereto hereby agree as follows,
notwithstanding anything to the contrary in the Note Agreements or the Senior
Notes:

ARTICLE I
DEFINITIONS

        Terms defined in the applicable Note Agreements and not otherwise
defined or modified herein have the respective meanings set forth in the
applicable Note Agreements. In addition, as used in this Agreement, the
following terms have the meanings specified below:

        "Agreement" means this Note Purchase Override Agreement, as amended,
supplemented or otherwise modified from time to time.

        "Average Market Price" means the average (rounded to the nearest full
cent) of the Daily Market Price of the Common Units for the ten (10) consecutive
NYSE trading days ending on and including the NYSE trading day that is five NYSE
trading days prior to the date as of which such Average Market Price is to be
determined, appropriately adjusted for any limited partnership interest splits
or dividends during such period.

        "Bank Agent" has the meaning set forth in the recitals above.

        "Bank Final Maturity Date" means December 31, 2005.

        "Banks" has the meaning set forth in the recitals above.

        "Banks Advisors Fees" means the reasonable unpaid legal and non-legal
expenses (determined without applying to the payment of such expenses the amount
of any Banks Advisors Retainers) incurred by the Banks through March 31, 2002,
including reasonable legal fees and expenses of Moore & Van Allen, PLLC, as
counsel to the Bank Agent, and the fees and expenses of Ernst & Young Corporate
Finance LLC, as financial advisor to the Bank Agent's counsel.

        "Banks Advisors Retainers" means the sum of $180,223 advanced by the
Company as a retainer for the benefit of Moore & Van Allen PLLC.

        "Banks Fees" means (i) a restructuring fee in the amount of $461,000 and
(ii) an amendment fee payable to the Bank Agent in the amount of $150,000.

        "Base Note Interest Rate" means, with respect to any series of Senior
Notes, the respective interest rates payable by the Company on the Senior Notes
under the applicable Note Agreement as in effect immediately prior to the
execution of this Agreement.

        "Closing Date" means the date of this Agreement.

        "Collateral Agent" means Bank of America, N.A., in its capacity as
collateral agent under the Intercreditor Agreement, or any successor or
replacement collateral agent thereunder.

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        "Common Units" means the Common Units representing limited partnership
interests in the Partnership as traded on the NYSE.

        "Company" has the meaning set forth in the preamble above.

        "Daily Market Price" means the closing sale price (rounded to the
nearest full cent) of the Common Units for such trading day as reported on the
NYSE Composite Tape, as reported in The Wall Street Journal.

        "Deferrable Notes Interest" means the portion of interest accruing on
the Notes in respect of the Notes Margin.

        "Designated Facility A Loans Prepayments" means the mandatory prepayment
of the Facility A Loans required to be made under the Facility A Credit
Agreement in the amount of (i) $40 million on January 15, 2004 and
(ii) $30 million on June 30, 2005.

        "Effective Date" has the meaning set forth in Article III.

        "Enhanced Interest Rate" means, with respect to any series of Senior
Notes, the sum of the applicable Base Note Interest Rate and the Notes Margin.

        "Excluded Payment" has the meaning set forth in Section 2.1(b).

        "Existing Note Agreements" means the Note Agreements as in effect
immediately prior to execution of this Agreement.

        "Existing Notes" means the Senior Notes as in effect immediately prior
to execution of this Agreement.

        "Facility A Credit Agreement" has the meaning set forth in the recitals
above.

        "Facility A Loans" has the meaning set forth in the recitals above and
includes any Refinanced Facility A Loans.

        "Facility B Credit Agreement" has the meaning set forth in the recitals
above.

        "Facility B Loans" has the meaning set forth in the recitals above.

        "Fitch" means Fitch Ratings, a service of Fitch, Inc., or its successor.

        "Holders" means the holders from time to time of the Senior Notes.

        "Holders Advisors Fees" means the reasonable unpaid legal and non-legal
expenses (determined without applying to the payment of such expenses the amount
of any Holders Advisors Retainers) of the Holders incurred through March 31,
2002 including the reasonable legal fees and expenses of Debevoise & Plimpton,
as counsel to the Holders, the fees and expenses of Nightingale and Associates,
LLC as financial advisor to the Holders' counsel and the fees and expenses of
Natural Resources Management Corporation, as forestry consultant.

        "Holders Advisors Retainers" means the sum of $100,000 advanced by the
Company as a retainer for the benefit of Debevoise & Plimpton, as counsel to the
Holders and $150,000 advanced for the benefit of Nightingale & Associates, LLC,
as financial advisor to counsel to the Holders.

        "Holders Fees" means the $2,000,000 amendment fee payable in the
aggregate to the Holders on the Effective Date, which fee shall be shared among
the Holders pro rata based on the principal amounts of each of the Senior Notes
outstanding immediately prior to such payment, as set forth in Schedule 1
hereto.

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        "Inland Tree Farm Net Proceeds" means the Net Proceeds received by the
Company in connection with the Inland Tree Farm Sales.

        "Inland Tree Farm North Sale" means the sale of the property commonly
referred to as the Inland Tree Farm North.

        "Inland Tree Farm Sales" means the Inland Tree Farm South Sale and the
Inland Tree Farm North Sale.

        "Inland Tree Farm South Net Proceeds" means the Net Proceeds received by
the Company in connection with the Inland Tree Farm South Sale.

        "Inland Tree Farm South Sale" means the sale of the property commonly
referred to as the Inland Tree Farm South, which sale closed on April 1, 2002.

        "Intercreditor Agreement" means the Intercreditor Agreement, dated as of
April 19, 2002, among the Holders, the Banks, the Bank Agent, the Company and
the Collateral Agent, as amended, modified or supplemented from time to time.

        "Majority Holders" means, at any time, the holders of at least fifty-one
percent (51%) in aggregate principal amount of the Senior Notes (without regard
to series) at the time outstanding (exclusive of Senior Notes then owned,
directly or indirectly, by any one of more of the Company, the Partnership, or
any Subsidiary or Affiliate of the Company or the Partnership, or any officer or
director of any thereof), provided, that, if there is then no principal amount
of the Senior Notes outstanding, but Make-Whole Amounts are still owing, then
"Majority Holders" means the holders of at least fifty-one percent (51%) of such
aggregate outstanding Make-Whole Amounts (without regard to series of Senior
Notes) then owing (exclusive of any Make-Whole Amounts then owing, directly or
indirectly, to any one or more of the Company, the Partnership, or any
Subsidiary or Affiliate of the Company or the Partnership, or any officer or
director of any thereof).

        "Moody's" means Moody's Investors Service, Inc. or its successor.

        "NAIC" means the National Association of Insurance Commissioners,
Securities Valuation Office.

        "Net Proceeds" has the meaning specified in Article I of Exhibit A
hereto.

        "1994 Notes" has the meaning specified in the recitals above.

        "1995 Notes" has the meaning specified in the recitals above.

        "Note Agreements" has the meaning set forth in the recitals above.

        "Notes Margin" means 1.00% per annum.

        "November 2001 Facility A Credit Agreement" has the meaning set forth in
the recitals above.

        "NYSE" means The New York Stock Exchange, Inc.

        "Original Scheduled Interest Payment Date" means, with respect to a
Senior Note, each scheduled interest payment date specified in the respective
Existing Note Agreement.

        "Original Scheduled Mandatory Prepayment" means each scheduled
amortization payment of principal under Section 5.1 of the respective Existing
Note Agreement.

        "Original Scheduled Payment Date" means, with respect to an Original
Scheduled Mandatory Prepayment, the due date of such payment provided under
Section 5.1 of the respective Existing Note Agreement.

        "Partnership" means Crown Pacific Partners, L.P., a Delaware limited
partnership.

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        "Permitted Equity Financings" means the net cash proceeds resulting from
the issuance and sale by the Partnership of Common Units.

        "Pro-Rata Payment Requirement" means the requirement that any payment of
principal by the Company in respect of the Facility A Loans and the Senior Notes
shall (i) be shared, as among the Banks and the Holders, pro-rata between the
Holders in the aggregate, on the one hand, and the Banks, in the aggregate, on
the other hand, based on the aggregate amount of principal (for the avoidance of
doubt, not including any accrued interest or Make-Whole Amounts) outstanding
under both the Senior Notes and the Facility A Loans, respectively, immediately
prior to such payment and (ii) be shared, as among the Senior Notes, pro-rata
based on the amount of principal (for the avoidance of doubt, not including any
accrued interest or Make-Whole Amounts) outstanding under each of the Senior
Notes immediately prior to such payment.

        "Refinanced Facility A Loan" has the meaning specified in
Section 2.1(b).

        "Registration Rights Agreement" means that certain Registration Rights
Agreement, among the Partnership, the Company and the Holders, substantially in
the form attached hereto as Exhibit B, as amended, modified or supplemented from
time to time.

        "Requisite Repayment Amounts" has the meaning specified in
Section 2.2(b).

        "Responsible Officer" means any of the President, the Chief Executive
Officer, the Chief Financial Officer, any Senior Vice President or any Vice
President of the Company.

        "Restructured Loans" means the Senior Notes and the Facility A Loans.

        "Restructuring Period" means the period commencing on the Effective Date
and ending on the day immediately prior to the Bank Final Maturity Date.

        "Restructuring Period Par Prepayment" has the meaning set forth in
Section 2.5(b).

        "Restructuring Period Prepayment" has the meaning set forth in
Section 2.5(a).

        "Senior Notes" has the meaning set forth in the recitals above.

        "S&P" means Standard & Poors Rating Services, a division of McGraw-Hill,
or its successor.

        "Third Amendment" has the meaning set forth in the recitals above.

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ARTICLE II
PAYMENTS DURING RESTRUCTURING PERIOD

2.1    Payments.    

        (a)    Inland Tree Farm Proceeds.    Notwithstanding anything to the
contrary set forth in the Existing Note Agreements, the Company shall apply the
Inland Tree Farm Net Proceeds as follows:

        (i)    On the Effective Date, the first $10,000,000 of the Inland Tree
Farm South Net Proceeds shall be applied toward prepayment of principal amounts
outstanding immediately prior to such prepayment under the Facility B Loans;

        (ii)  On the Effective Date, after application of the amount set forth
in subclause (i) above, (A) 50% of the remainder of such Inland Tree Farm South
Net Proceeds shall be applied to prepay principal amounts outstanding on the
Senior Notes (together with the Holders Fees and Holders Advisors Fees as
described in the proviso to this subclause (ii)), such prepayments of
outstanding principal amounts of Senior Notes to be applied ratably among the
Senior Notes based on the principal amount outstanding on each of such Senior
Notes immediately prior to such prepayment, and (B) 50% of such remainder shall
be applied to prepay principal amounts owing on the Facility A Loans (together
with Banks Fees and Banks Advisors Fees as described in the proviso to this
subclause (ii)) provided that the Banks Fees and the Banks Advisors Fees and the
Holders Fees and the Holders Advisors Fees shall be paid from the amounts
allocated to the Banks and the Holders, respectively, under this subclause
(ii) prior to the application of the remainder of such amounts towards the
prepayment of any outstanding principal of the Facility A Loans and the Senior
Notes, and provided further, that, prior to payment of any such Inland Tree Farm
South Net Proceeds to the Banks and the Holders, the Company may retain (for its
own use for general corporate purposes) from such proceeds the amount of the
Banks Advisors Retainers from the amount allocated to the Banks and the amount
of the Holders Advisors Retainers from the amount allocated to the Holders; and

        (iii)  After the Effective Date, any and all Inland Tree Farm Net
Proceeds (excluding those Inland Tree Farm South Net Proceeds which shall have
been distributed in accordance with subclauses (i) and (ii) above on the
Effective Date and any amounts to be distributed pursuant to Section 2.1(c)),
shall be applied as follows: (A) 50% of such Inland Tree Farm Net Proceeds shall
be applied to prepay principal amounts outstanding immediately prior to such
prepayment on the Senior Notes, such prepayments of outstanding principal
amounts on the Senior Notes to be applied ratably among the Senior Notes based
on the respective principal amounts outstanding on each of the Senior Notes
immediately prior to such prepayment and (B) 50% of such Inland Tree Farm Net
Proceeds shall be applied to prepay principal amounts outstanding immediately
prior to such prepayment on the Facility A Loans.

        (b)    The Pro-Rata Payment Requirement.    Notwithstanding anything to
the contrary provided in the Existing Note Agreements or the Existing Notes,
other than as expressly provided in Sections 2.1(a), 2.1(c) and 2.2(b) hereof,
all payments of outstanding principal of the Restructured Loans shall be subject
to the Pro-Rata Payment Requirement, except that:

        (x)  the cash proceeds of any Permitted Equity Financings may, at the
option of the Company, be applied towards prepayment of principal under any of
the Facility A Loans or the Senior Notes; provided that any amounts so repaid
under this subclause (x) may not be reborrowed and provided, further that any
reductions in the outstanding principal amounts of the Restructured Loans
pursuant to this subclause (x) shall result in an adjustment to the applicable
ratable sharing under the Pro-Rata Payment Requirement with respect to all
payments of outstanding principal of the Restructured Loans received thereafter,
and provided further, that any prepayment of principal of the Senior Notes that
the Company elects to make

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pursuant to this clause (x) shall be applied ratably among the Senior Notes
based on the principal amount outstanding on each of such Senior Notes
immediately prior to such prepayment, and

        (y)  the Pro-Rata Payment Requirement shall not apply to any payments on
the Facility A Loans from proceeds of any refinancing of the Facility A Loan
that is made on terms and conditions which provide for (A) the same or lower
Applicable Margin (as defined in the Facility A Credit Agreement as in effect
immediately prior to the execution of this Agreement) and the same calculation
of base interest rate (i.e., based on the Federal Funds Rate, the Bank Agent's
"reference rate" or LIBOR, with the same rights of the Company to choose among
them), (B) the same amortization, (C) the same or lower bank fees, and the same
or less restrictive covenants and events of default and (D) substantially the
same other terms, in each case, as the Facility A Loan in effect immediately
prior to execution of this Agreement (taking into account the Third Amendment),
and that is expressly made subject to the Intercreditor Agreement (any such
refinanced Facility A Loan being referred to as a "Refinanced Facility A Loan"
and any such payment permitted under clause (x) of this Section 2.1(b) or this
clause (y) being hereinafter referred to as an "Excluded Payment").

        (c)    Repayment of Section 2.1(a)(i) Amount.    On or prior to
September 30, 2003, the Company shall pay for application to repayment of the
then outstanding principal amounts of the Facility A Loans and the Senior Notes
in accordance with Section 3.4(b)(IV)(b) of the Intercreditor Agreement an
aggregate amount of $10,000,000, (i) which shall constitute the distribution of
the first $10,000,000 of Inland Tree Farm South Net Proceeds, which was
initially applied towards prepayment of principal amounts outstanding under the
Facility B Loans pursuant to Section 2.1(a)(i) (and, accordingly, shall not be
subject to clause (i) of the Pro-Rata Payment Requirement) and (ii) which
aggregate amount shall be applied as follows: (A) 50% of such aggregate amount
shall be applied to prepay principal amounts outstanding immediately prior to
such prepayment on the Senior Notes, such prepayments of outstanding principal
amounts on the Senior Notes to be applied ratably among the Senior Notes based
on the principal amounts outstanding on each of such Senior Notes immediately
prior to such prepayment and (B) 50% of such aggregate amount shall be applied
to prepay principal amounts outstanding immediately prior to such prepayment on
the Facility A Loans.

        (d)    Interest and Fees.    Notwithstanding anything to the contrary
provided in the Existing Note Agreements or the Existing Notes, but subject to
Section 2.4 hereof, all payments of interest and fees in respect of the Senior
Notes will continue to be paid currently in accordance with the terms of the
Note Agreements, respectively, except, for the avoidance of doubt, that payment
of Make-Whole Amounts shall be paid as provided in Section 2.5 hereof.

2.2    Mandatory Prepayments.    

        (a)    Restructuring Period.    Notwithstanding anything to the contrary
provided in the Existing Note Agreements or the Existing Notes, during the
Restructuring Period, if the Company makes any payment of principal of the
Facility A Loans, including, without limitation, payment of the Designated
Facility A Loans Prepayments, but excluding any Excluded Payment and except as
otherwise expressly provided in Sections 2.1(a) and 2.1(c), the Company shall at
the same time make a mandatory prepayment of principal in respect of the Senior
Notes in an amount sufficient and in the manner required to satisfy the Pro-Rata
Payment Requirement. Any such prepayment of principal of the Senior Notes shall
be made together with accrued and unpaid interest (including any previously
deferred Deferrable Notes Interest on such principal amount so prepaid) on such
principal amount so prepaid, subject to Section 2.4.

        (b)    Bank Final Maturity Date.    The Company shall on the Bank Final
Maturity Date mandatorily prepay in full the then outstanding principal amount
of Senior Notes, together with all accrued and unpaid interest thereon
(including, without limitation, any previously deferred Deferrable Notes

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Interest), deferred Make-Whole Amounts, if any, and Make-Whole Amounts, if any,
calculated in respect of such mandatory prepayment, provided that, if on or
after July 1, 2005 and prior to July 7, 2005, the Company has delivered to the
Holders a letter specifically referring to this Section 2.2(b), informing the
Holders that the Senior Notes have been rated investment grade and that the
Holders have until August 1, 2005 to exercise their put as described in
clause (ii) below, together with a letter from the applicable rating agency to
the effect that all of the Senior Notes have an investment grade rating from
S&P, Moody's or Fitch or the Senior Notes have received an NAIC No. 2 rating (in
each case, taking into account the pro forma effect of a complete refinancing at
prevailing market interest rates of all of the Senior Notes and Facility A Loans
then outstanding), (i) the requirement that the Senior Notes be mandatorily
prepaid in full under this subsection (b) shall not apply and (ii) each Holder
shall be entitled at its option, exercisable no later than August 1, 2005, by
written notice to the Company, to put to the Company for payment on the Bank
Final Maturity Date some or all of its Senior Notes at 100% of the principal
amount thereof, plus accrued and unpaid interest thereon (including, without
limitation, any previously deferred Deferrable Notes Interest), and deferred
Make-Whole Amounts, if any, but without any Make-Whole Amount that would have
been calculated in respect of a mandatory prepayment made as of the Bank Final
Maturity Date, provided, further that, in the event the Company does not pay in
full on the Bank Final Maturity Date the Facility A Loans and all Senior Notes
that have been put to the Company for payment, all Original Scheduled Mandatory
Prepayments, if any, in respect of Senior Notes (whether or not put to the
Company) deferred pursuant to Section 2.3, and all deferred Make-Whole Amounts,
if any, together with all accrued and unpaid interest thereon (including,
without limitation, any previously deferred Deferrable Notes Interest),
(collectively, the "Requisite Repayment Amounts") then all Senior Notes shall
then become mandatorily due and payable in full on the Bank Final Maturity Date,
together with all Requisite Repayment Amounts and Make-Whole Amounts calculated
in respect of such mandatory payment, and provided, further that, from and after
the Bank Final Maturity Date, if all Requisite Repayment Amounts have been paid
in full on the Bank Final Maturity Date, then (i) the Pro-Rata Payment
Requirement shall not apply to any payment made on the Bank Final Maturity Date
in respect of any of the Facility A Loans and Senior Notes and shall not require
any additional payments to be made on the Bank Final Maturity Date on the Senior
Notes not put to the Company and (ii) the Pro-Rata Payment Requirement shall not
apply to any payment made after the Bank Final Maturity Date, except with
respect to payments made out of Net Proceeds, as to which the Pro-Rata Payment
Requirement shall continue to apply. Notwithstanding the foregoing and for the
avoidance of doubt, if there is payment of principal of the Facility A Loans
that gives rise to a Pro-Rata Payment Requirement on the Senior Notes after any
Senior Notes have been put to the Company for payment and prior to their payment
on the Bank Final Maturity Date, Section 2.2(a) shall apply to such payment of
principal on the Facility A Loans and the Pro-Rata Payment Requirement shall
apply with equal force to all Senior Notes, whether or not they have been put to
the Company. Any Senior Notes so put to the Company and paid at the Bank Final
Maturity Date shall be cancelled and retired and the principal amount
corresponding to such retired Senior Notes of any series shall be applied
ratably to the remaining amortization payments applicable to Senior Notes of
such series. Following the Bank Final Maturity Date, any Senior Notes that have
not been put and not become due and payable on the Bank Final Maturity Date
shall be subject to amortization as provided in the applicable Note Agreements
as such amortization shall have been adjusted in accordance herewith in respect
of any prepayments and/or puts of Senior Notes theretofore made.

        2.3    Amortization of Principal.    Provided that no Event of Default
shall have occurred and be continuing at the applicable Original Scheduled
Payment Date, Original Scheduled Mandatory Prepayments on the Senior Notes due
within the Restructuring Period may, at the option of the Company, be deferred
to and shall be mandatorily prepayable on the Bank Final Maturity Date, but
subject to earlier payment as provided in Sections 2.1 and 2.2 above. Such
option shall be exercisable by the Company by notice in writing to the Holders
given at least ten (10) Business Days prior to the

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applicable Original Scheduled Payment Date. Any such deferred principal payments
shall continue to accrue interest at the Enhanced Interest Rate, which interest
shall be payable on the respective interest payment dates in accordance with
Section 2.4.

        2.4    Interest Rate.    (a) From the Effective Date until the date that
all principal and Make-Whole Amounts on the applicable Senior Note is paid in
full, the outstanding principal amount of each Senior Note shall accrue interest
at the applicable Enhanced Interest Rate, provided, that during the
Restructuring Period, the Company may, provided that no Event of Default shall
have occurred and be continuing, on any Original Scheduled Interest Payment
Date, by written notice to the holders of the Senior Notes delivered at least
ten (10) Business Days prior to such Original Scheduled Interest Payment Date,
elect to defer to the Bank Final Maturity Date all the Deferrable Notes Interest
then due. Any Deferrable Notes Interest that is so deferred shall accrue
interest on the amount so deferred at the Enhanced Interest Rate, compounded
semi-annually, and shall be payable on the Bank Final Maturity Date (whether or
not any or all of the Senior Notes are put to the Company pursuant to
Section 2.2 above); provided, however, that if the Company prepays principal of
the Senior Notes, such prepayment shall be made together with accrued and unpaid
interest on such principal amount so prepaid (including any previously deferred
Deferrable Notes Interest on such principal amount so prepaid). Any Senior Notes
remaining outstanding after the Bank Final Maturity Date shall bear interest at
the Enhanced Interest Rate, which shall be payable in cash currently on the
Original Scheduled Interest Payment Dates.

        (b)  With respect to each interest payment date occurring on or before
the end of the Restructuring Period and with respect to the Bank Final Maturity
Date, the Company shall, at least five (5) Business Days prior to each such
date, deliver to each Holder an officer's certificate signed by its Responsible
Officer specifying a true and correct calculation in reasonable detail of:

        (i)    the amount of Deferrable Notes Interest that the Company has
elected to defer on such interest payment date (on an aggregate basis and on
each individual Senior Note);

        (ii)  the amount of interest that will have accrued to the respective
interest payment date or Bank Final Maturity Date, as the case may be, on the
aggregate amount of previously deferred Deferrable Notes Interest (on an
aggregate basis and on each individual Senior Note);

        (iii)  the amount of all Make-Whole Amounts deferred since the
immediately preceding interest payment date (on an aggregate basis and on each
individual Senior Note); and

        (iv)  the amount of interest that will have accrued to the respective
interest payment date or Bank Final Maturity Date, as the case may be, on the
aggregate amount of deferred Make-Whole Amount (on an aggregate basis and on
each individual Senior Note).

        2.5    Make-Whole Amounts.    A Make-Whole Amount shall be calculated,
and shall be payable on the applicable prepayment date, in respect of each
prepayment of principal on the Senior Notes made, whether during the
Restructuring Period (any such prepayment, a "Restructuring Period Prepayment")
or thereafter in accordance with the provisions of the applicable Note Agreement
(it being understood, for the avoidance of doubt, that principal does not
include any accrued interest or Make-Whole Amounts), provided, that:

        (a)  the Make-Whole Amount calculated with respect to a Restructuring
Period Prepayment, shall accrue interest at the Enhanced Interest Rate,
compounded semi-annually, from the date that the related Restructuring Period
Prepayment is made until such Make-Whole Amount is paid, and each Make-Whole
Amount, together with such accrued and unpaid interest, shall (i) be
subordinated to the payment of principal, interest and certain fees and expenses
on the Senior Notes and the Facility A Loans under the terms of the
Intercreditor Agreement, and (ii) be payable in full on the Bank Final Maturity
Date;

9

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        (b)  any Restructuring Period Prepayment funded by Net Proceeds (after
allocation of such prepayment among the Senior Notes in accordance with the
Pro-Rata Payment Requirement) shall be further allocated first to any Original
Scheduled Mandatory Prepayment occurring prior to or not more than 180 days
after the date of such Restructuring Period Prepayment and, to the extent so
allocated, shall not be subject to payment of Make-Whole Amount (any such
prepayment so allocated to any such Original Scheduled Mandatory Prepayment, a
"Restructuring Period Par Prepayment") and, to the extent not so allocable,
shall be applied ratably to all remaining maturities (for which Make-Whole
Amounts, calculated in accordance with clause (d) below, shall be payable),
provided, further, that, to the extent the principal amortization with respect
to an Original Scheduled Mandatory Prepayment has been the subject of an
allocation in respect of a Restructuring Period Prepayment giving rise to a
Restructuring Period Par Prepayment, it may not be the subject of an allocation
giving rise to a Restructuring Period Par Prepayment in respect of any later
Restructuring Period Prepayment;

        (c)  for purposes of the foregoing clause (b), each Restructuring Period
Prepayment funded by the Inland Tree Farm Net Proceeds shall be deemed to have
occurred not more than 180 days prior to each Original Scheduled Mandatory
Prepayment due December 1, 2002 in respect of the 1994 Notes and the 1995 Notes;

        (d)  on and after the Effective Date, including with respect to any
prepayments of principal on the Senior Notes made after the Restructuring
Period, any Make-Whole Amount shall be calculated according to the relevant
provisions of the Note Agreements based on the amortization schedule and
interest rates and payment dates in effect immediately prior to the execution of
this Agreement, except that for the purpose of determining the Reinvestment
Rate, (i) the applicable interest rate margin shall be 1.50% instead of 0.50%
and (ii) the yield shall be the yield reported by Bloomberg Financial Market
Service on the display designated as "USD" at 10:00 a.m., New York time (instead
of the yield reported by the Telerate Access Service on the display designated
"Page 5" at 10:00 a.m., New York time); and

        (e)  with respect to a Make-Whole Amount calculated in respect of a
Restructuring Period Prepayment made prior to December 31, 2004, the Company
may, provided no Event of Default shall have occurred and be continuing at the
time of such Restructuring Period Prepayment, at its option, exercisable by
delivering written notice of such option exercise at least ten (10) Business
Days prior to the date of such Restructuring Period Prepayment, pay such
Make-Whole Amount by delivering by overnight delivery within five (5) Business
Days of the date of the applicable Restructuring Period Prepayment to each
holder of Senior Notes entitled to payment of such Make-Whole Amount duly
authorized, validly issued, fully paid and non-assessable Common Units
registered in the name of such holder or its nominee, which Common Units shall
have an aggregate value equal to the Make-Whole Amount then due such holder,
provided, that the value of such Common Units shall be determined immediately
prior to the making of such Restructuring Period Prepayment at the Average
Market Price of the Common Units determined as of the date of the applicable
Restructuring Period Prepayment, provided, further, that such number of Common
Units so determined shall be rounded to the nearest whole number of Common
Units.

        With respect to each Restructuring Period Prepayment that the Company
has exercised its option to pay such Make-Whole Amounts by delivering Common
Units, then the Company shall (in addition to the notice delivery requirements
set forth in Section 5 of the respective Note Agreements), at least two
(2) Business Days prior to the date of such Restructuring Period Prepayment,
deliver to each Holder an officer's certificate signed by a Responsible Officer
specifying a true and correct calculation in reasonable detail of:

        (i)    the Average Market Price; and

10

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        (ii)  the number of Common Units to be delivered (on an aggregate basis
and with respect to each Senior Note) on the date of such Restructuring Period
Prepayment.

ARTICLE III
CONDITIONS TO EFFECTIVENESS

        This Agreement shall become effective upon the later of the execution
hereof by the Company and the Holders of all outstanding Senior Notes and the
satisfaction (or waiver by the Majority Holders) of each of the following
conditions precedent (the "Effective Date"):

        3.1    Representations and Warranties.    The representations and
warranties of the Company contained in this Agreement, the Intercreditor
Agreement and the Third Amendment that are qualified as to materiality shall be
true and correct, and those not so qualified shall be true and correct in all
material respects, in each case on the Effective Date (as if made on such date)
or as of an earlier date as to which they speak, and the Holders shall have
received an officers' certificate of the Company signed by a Responsible Officer
to that effect.

        3.2    Receipt of Documents.    The Holders shall have received duly
executed original or facsimile counterparts (any such facsimiles to be promptly
followed by the originals thereof) of the following documents, each in form and
substance satisfactory to the Holders:

        (a)  this Agreement;

        (b)  the Registration Rights Agreement; and

        (c)  the Intercreditor Agreement.

        3.3    Third Amendment.    The execution and effectiveness of the Third
Amendment shall have occurred or be occurring contemporaneously as of the
Effective Date and the Holders shall have received true and correct copies of
the Third Amendment and all related documents.

        3.4    Legal Opinions.    The Holders shall have received the opinions
of Skadden, Arps, Meagher & Flom LLP and Ball Janik LLP, as special counsel to
the Company addressed to the Holders, in form and substance reasonably
satisfactory to the Holders.

        3.5    Section 2.1(a)(ii) Net Proceeds.    The Company shall have paid
to the Holders (or to such party as the Holders direct) that portion of the
Inland Tree Farm South Net Proceeds payable to the Holders under
Section 2.1(a)(ii) hereof, including the Holders Fees and the Holders Advisors
Fees (net of any Holders Advisors Retainers in accordance with
Section 2.1(a)(ii) hereof). The Company shall have delivered an officer's
certificate, in substantially the form attached hereto as Exhibit D, signed by a
Responsible Officer certifying as to the gross proceeds of the sale of the
Inland Tree Farm South Sale, the Net Proceeds of the Inland Tree Farm South Sale
and a detailed list of expenses associated with such sale.

        3.6    Fees and Expenses.    The Company shall have paid to the Holders
(or to such party as the Holders direct), their unpaid reasonable expenses
incurred from March 31, 2002 through the date hereof in connection with this
Agreement including the reasonable legal fees and expenses of Debevoise &
Plimpton, as counsel to the Holders and the fees and expenses of Nightingale and
Associates, LLC as financial advisor to the Holders' counsel.

        3.7    Defaults.    No Default or Event of Default shall have occurred
and be continuing as of the Effective Date or shall occur immediately thereafter
after the consummation of transactions contemplated by this Agreement.

11

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        3.8    Other Conditions Precedent.    All conditions under the
Intercreditor Agreement required to be satisfied as of the Effective Date shall
have been satisfied in accordance with the terms thereof or waived pursuant to
the Note Agreements.

        3.9    Other Information.    The Holders shall have received such other
opinions, certificates, documents and information with respect to matters
related to this Agreement and the transactions contemplated thereby as they may
reasonably request.

ARTICLE IV
REPRESENTATIONS AND WARRANTIES

        The Company hereby represents and warrants to the Holders, as of the
Effective Date, as follows:

        (a)  The execution and delivery by the Company and the Partnership, as
applicable, and the performance by the Company and the Partnership, as
applicable, of this Agreement, the Registration Rights Agreement, the
Intercreditor Agreement and the Third Amendment have been duly authorized by all
necessary partnership and other action of the Company or the Partnership, as
applicable, and do not and will not require any registration with, consent or
approval of, notice to or action (except for satisfaction or waiver of the
conditions set forth in Article III hereof) by, any person (including any
Governmental Authority) in order to be effective and enforceable. The Note
Agreements and the Senior Notes as modified and amended by this Agreement, the
Registration Rights Agreement, the Intercreditor Agreement and the Third
Amendment constitute the legal, valid and binding obligations of the Company or
the Partnership, as applicable, enforceable against it in accordance with their
respective terms, without defense, counterclaim or offset except as such
enforcement may be limited by applicable bankruptcy, insolvency, reorganization
or other similar laws relating to or limiting creditors' rights generally or by
equitable principles relating to enforceability whether enforcement is sought in
a proceeding at law or in equity.

        (b)  All representations set forth in the form of Closing Certificate
attached hereto as Exhibit C (including the representations set forth in Annex B
thereto) and all certifications set forth in the form of officer's certificate
attached hereto as Exhibit D (in the case of Exhibit D, made without any
qualification as to such officer's best knowledge and belief) are true and
correct as of the Effective Date and are incorporated herein by reference with
the same force and effect as though herein set forth in full.

        (c)  The Company is entering into this Agreement on the basis of its own
investigation and for its own reasons, without reliance upon the Holders or any
other person.

        (d)  The Net Proceeds of the Inland Tree Farm South Sale which are to be
distributed on the Effective Date pursuant to Section 2.1(a) are $121,217,517.

        (f)    Except for the Banks Fees and Banks Advisors Fees, the Company,
in connection with the transactions contemplated by this Agreement, has not paid
and is not paying any fees to any Bank, the Bank Agent or any of the lenders
under the Facility A Credit Agreement or the Facility B Credit Agreement.

ARTICLE V
OTHER MODIFIED PROVISIONS

        5.1    Covenants.    The Company covenants set out in Section 4 of the
Existing Note Agreements (other than Sections 4.19 and 4.21, which shall remain
in effect) shall be deleted and the affirmative covenants, negative covenants
and indemnities set out in Articles II, III and V of Exhibit A hereto (and the
definitions related thereto set forth in Article I of Exhibit A hereto) shall be
substituted therefor; provided, however, that for the avoidance of doubt, any
repurchase of Senior Notes made by the

12

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Company in compliance with Section 2.2(b) hereof shall be deemed to be in
compliance with the first sentence of Section 4.19 of the Existing Note
Agreements. The references in Section 5.2 of the Existing Note Agreements (i) to
the sale of assets under Section 4.10 shall instead refer to Section 3.2(f) of
Exhibit A hereto and (ii) to an "Excess Harvest" under Section 4.12 shall
instead refer to prepayments required under Section 3.4 of Exhibit A hereto,
provided that, notwithstanding the provisions of Section 5.2 of the Existing
Note Agreements, such prepayments shall be mandatory prepayments as contemplated
by Sections 3.2(f) and 3.4 of Exhibit A hereto and shall give rise to Make-Whole
Amounts as contemplated by and calculated in accordance with Section 2.5 hereof.
Any reference to "Restricted Subsidiary" in the Existing Note Agreements as
amended hereby shall instead refer to "Subsidiary" as defined in Article I of
Exhibit A hereto.

        5.2    Events of Default.    The provisions of Section 6.1 of the
Existing Note Agreements shall be deleted and the events of default set out in
Article IV of Exhibit A hereto (and the definitions related thereto set forth in
Article I of Exhibit A hereto) shall be substituted therefor as Events of
Default under the respective Note Agreements. The references in Section 6.3 and
6.4 of the Existing Note Agreements to (i) paragraph (a), (b) or (c) of
Section 6.1 shall instead refer to paragraph (a) or (b) of Section 4.1 of
Exhibit A hereto, (ii) paragraphs (a) through (l) of Section 6.1 shall instead
refer to paragraphs (a) through (g) and (j) through (o) of such Section 4.1 and
those events described in paragraphs (h) or (i) of such Section 4.1 that are not
also described in paragraphs (m), (n) or (o) of Section 6.1, and
(iii) paragraphs (m), (n) or (o) of Section 6.1 shall instead refer to
paragraphs (h) or (i) of such Section 4.1, exclusive of those events described
in paragraphs (h) or (i) of such Section 4.1 that are not also described in such
paragraphs (m), (n) or (o) of Section 6.1.

        5.3    Holders Agent Agreement.    At the request of the Majority
Holders, the Company shall enter into an agency agreement, in form and substance
reasonably satisfactory to the Company, among the Holders, an agent for the
Holders and the Company, providing for the administration by such agent on
behalf of the Holders of matters relating to the collateral security to be
granted pursuant to the Security Instruments (as defined in the Intercreditor
Agreement), which agency agreement shall contain customary provisions for
indemnification by the Company of the agent and payment by the Company of a
reasonable and customary fee to and reimbursement of expenses of the agent.

        5.4    Allonges.    Within 30 days after the Effective Date, the Company
shall execute and deliver to each Holder an allonge to its Senior Notes in the
form attached hereto as Exhibit E. Failure to comply with this covenant shall be
an Event of Default under the respective Note Agreements.

ARTICLE VI
MISCELLANEOUS

        6.1    No Other Amendments or Waivers; Confirmation.    Except as
expressly provided herein, the provisions of the Note Agreements and the Senior
Notes are and shall remain in full force and effect. The Company hereby ratifies
and confirms the Note Agreements and the Senior Notes, as amended and modified
hereby, and agrees and confirms that the terms and conditions thereof, as
amended and modified hereby, are and shall remain in full force and effect.

        6.2    Consent to Third Amendment.    Each of the Holders signatory
hereto hereby acknowledges and agrees that such Holder has been afforded an
opportunity to review, and has reviewed, the Third Amendment, and hereby
consents to the Company's entry into, and all transactions contemplated by, the
Third Amendment.

        6.3    Applicable Law.    THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

        6.4    Counterparts.    This Agreement may be executed in two or more
counterparts, each of which shall constitute an original but all of which when
taken together shall constitute but one contract.

13

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        6.5    Transaction Expenses.    The Company will pay all costs and
expenses (including reasonable attorneys' fees of a special counsel and, if
reasonably required, local or other counsel) incurred by the Holders or holder
of a Senior Note in connection with the transactions contemplated by this
Agreement and in connection with any amendments, waivers or consents under or in
respect of any of this Agreement, the Intercreditor Agreement, any of the Note
Agreements or the Senior Notes (whether or not such amendment, waiver or consent
becomes effective), including, without limitation: (a) the costs and expenses
incurred in enforcing or defending (or determining whether or how to enforce or
defend) any rights under the any of the Note Agreements or the Senior Notes or
in responding to any subpoena or other legal process or informal investigative
demand issued in connection with any of the Note Agreements or the Senior Notes,
or by reason of being a holder of any Senior Note, and (b) the costs and
expenses, including financial advisors' fees, incurred in connection with the
insolvency or bankruptcy of the Company or any Subsidiary or in connection with
any work-out or restructuring of the transactions contemplated by any of the
Note Agreements or the Senior Notes. The Company will pay, and will save you and
each other holder of a Senior Note harmless from, all claims in respect of any
fees, costs or expenses if any, of brokers and finders (other than those
retained by the Holders).

        6.6    Survival.    All representations and warranties contained herein
shall survive the execution and delivery of this Agreement, the transfer by any
Holder of any Senior Note or portion thereof or interest therein and the payment
of any Senior Note, and may be relied upon by any subsequent holder of a Senior
Note, regardless of any investigation made at any time by or on behalf of any
Holder or any other holder of a Senior Note.

        6.7    Successors and Assigns.    This Agreement shall inure to the
benefit of and be binding upon the successors and assigns of each of the parties
hereto. The provisions of this Agreement are intended to be for the benefit of
the holders of the Senior Notes, from time to time, and shall be enforceable by
any such holder, whether or not an express assignment to such holder of rights
under this Agreement have been made by any Holder.

        6.8    Amendments, Waivers and Consents.    (a) Any term, covenant,
agreement or condition of this Agreement may, with the consent of the Company,
be amended and the compliance by the Company therewith may be waived (either
generally or in a particular instance in either retroactively or prospectively)
if the Company shall have obtained the consent in writing of the Majority
Holders, provided that without the written consent of the Holders holding all of
the Senior Notes then outstanding, no such amendment or waiver shall be
effective (i) which will amend or waive any of the provisions of Article II
(except for the provisions in subclauses (A) through (D) of clause (y) of
Section 2.1(b), which shall only require written consent of the Required
Noteholders (as defined in Article I of Exhibit A hereto)), or (ii) which will
change the percentage of Holders required to consent to any such amendment or
waiver under this Section, and provided further that without the written consent
of the Required Noteholders (as defined in Article I of Exhibit A hereto), no
such amendment or waiver shall be effective which will amend or waive any of the
covenants incorporated into the Note Agreements in Exhibit A hereto or Events of
Default incorporated into the Note Agreements in Exhibit A hereto.

        (b)  So long as there are any Senior Notes outstanding, the Company will
not solicit, request or negotiate for or with respect to any proposed waiver or
amendment of any of the provisions of this Agreement or the Senior Notes unless
each Holder (irrespective of the amount of Senior Notes then owned by it) shall
be informed thereof by the Company and shall be afforded the opportunity of
considering the same and shall be supplied by the Company with sufficient
information to enable it to make an informed decision with respect thereto. The
Company will not, directly or indirectly, pay or cause to be paid any
remuneration, whether by way of supplemental or additional interest, fee or
otherwise, to any Holder as consideration for or as inducement to entry into by
any Holder of any waiver or amendment of any of the terms and provisions of this

14

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Agreement or the Senior Notes unless such remuneration is concurrently paid, on
the same terms, ratably to the Holders.

        (c)  Any such amendment or waiver shall apply equally to all of the
Holders and shall be binding upon them, upon each future Holder and upon the
Company, whether or not such Senior Note shall have been marked to indicate such
amendment or waiver. No such amendment or waiver shall extend to or affect any
obligation not expressly amended or waived or impair any right or consequence
thereon.

        6.9    Severability.    Should any part of this Agreement for any reason
be declared invalid, such decision shall not affect the validity of any
remaining portion, which remaining portion shall remain in force and effect as
if this Agreement had been executed with the invalid portion thereof eliminated.

        6.10    Captions.    The descriptive headings of the various Sections or
parts of this Agreement are for convenience only and shall not affect the
meaning or construction of any of the provisions hereof.

        6.11    Release.    Each of the Company and the Partner Entities (as
defined in Article I of Exhibit A hereto) hereby releases the Holders and their
respective officers, employees, representatives, Affiliates, advisors, agents,
trustees, managers, counsel, and directors from any and all actions, causes of
action, claims, demands, damages and liabilities of whatever kind or nature, in
law or in equity, now known or unknown, suspected or unsuspected to the extent
that any of the foregoing arises from any action or failure to act on or prior
to the date hereof.

15

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        IN WITNESS WHEREOF, the parties have caused this Agreement to be duly
executed as of the day and year first above written.

    CROWN PACIFIC LIMITED PARTNERSHIP
 
 
By:
 
CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP,
its General Partner
 
 
 
 
By:
 
HS Corp. of Oregon,
its General Partner
 
 
 
 
 
 
By:
 
/s/  ROGER L. KRAGE      

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Name: Roger L. Krage
Title: SVP/General Counsel

--------------------------------------------------------------------------------

    Holders
 
 
ALLSTATE LIFE INSURANCE COMPANY
 
 
By
 
/s/  RHONDA L. HOPPS      

--------------------------------------------------------------------------------

Name: Rhonda L. Hopps
Title: Authorized Signatory
 
 
By
 
/s/  RONALD A. MENDEL      

--------------------------------------------------------------------------------

Name: Ronald A. Mendel
Title: Authorized Signatory
 
 
ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK
 
 
By
 
/s/  RHONDA L. HOPPS      

--------------------------------------------------------------------------------

Name: Rhonda L. Hopps
Title: Authorized Signatory
 
 
By
 
/s/  RONALD A. MENDEL      

--------------------------------------------------------------------------------

Name: Ronald A. Mendel
Title: Authorized Signatory

--------------------------------------------------------------------------------

    AMERICAN GENERAL ANNUITY INSURANCE COMPANY (formerly WESTERN NATIONAL LIFE
INSURANCE COMPANY)
 
 
By:
 
AIG Global Investment Corp,
    as Investment Advisor
 
 
 
 
By
 
/s/  DOUGLAS H. ALLEN      

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Name: Douglas H. Allen
Title: Vice President

--------------------------------------------------------------------------------

    CONNECTICUT GENERAL LIFE INSURANCE COMPANY
 
 
By
 
CIGNA Investments, Inc.
 
 
By
 
/s/  STEPHEN A. OSBORN      

--------------------------------------------------------------------------------

Name: Stephen A. Osborn
Title: Managing Director

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    THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
 
 
By
 
/s/  SVERKER JOHANSSON      

--------------------------------------------------------------------------------

Name: Sverker Johansson
Title: Investment Officer

--------------------------------------------------------------------------------

    GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY
 
 
By
 
/s/  JON M. LUCIA      

--------------------------------------------------------------------------------

Name: Jon M. Lucia
Title: Investment Officer

--------------------------------------------------------------------------------

    JOHN HANCOCK LIFE INSURANCE COMPANY
 
 
By
 
/s/  E. KENDALL HINES, JR.      

--------------------------------------------------------------------------------

Name: E. Kendall Hines, Jr.
Title: Managing Director
 
 
JOHN HANCOCK VARIABLE LIFE INSURANCE COMPANY
 
 
By
 
/s/  E. KENDALL HINES, JR.      

--------------------------------------------------------------------------------

Name: E. Kendall Hines, Jr.
Title: Authorized Signatory
 
 
COMMONWEALTH OF PENNSYLVANIA STATE EMPLOYEES' RETIREMENT SYSTEM
 
 
By:
 
John Hancock Life Insurance Company, as Investment Adviser
 
 
By
 
/s/  E. KENDALL HINES, JR.      

--------------------------------------------------------------------------------

Name: E. Kendall Hines, Jr.
Title: Managing Director

--------------------------------------------------------------------------------

    MELLON BANK, N.A., solely in its capacity as Trustee for the Bell Atlantic
Master Trust, (as directed by John Hancock Life Insurance Company), and not in
its individual capacity
 
 
By
 
/s/  CAROLE BRUNO.      

--------------------------------------------------------------------------------

Name: Carol Bruno
Title: Authorized Signatory
 
 
MELLON BANK, N.A., solely in its capacity as Trustee for the Long Term
Investment Trust, (as directed by John Hancock Life Insurance Company), and not
in its individual capacity
 
 
By
 
/s/  CAROLE BRUNO      

--------------------------------------------------------------------------------

Name: Carole Bruno
Title: Authorized Signatory

--------------------------------------------------------------------------------

    LIFE INVESTORS INSURANCE COMPANY OF AMERICA
 
 
By
 
/s/  GREGORY W. THEOBALD      

--------------------------------------------------------------------------------

Name: Gregory W. Theobald
Title: Vice President & Asst. Secretary
 
 
TRANSAMERICA LIFE INSURANCE COMPANY (formerly known as PFL LIFE INSURANCE
COMPANY)
 
 
By
 
/s/  GREGORY W. THEOBALD      

--------------------------------------------------------------------------------

Name: Gregory W. Theobald
Title: Vice President & Asst. Secretary
 
 
AUSA LIFE INSURANCE COMPANY, INC.
 
 
By
 
/s/  GREGORY W. THEOBALD      

--------------------------------------------------------------------------------

Name: Gregory W. Theobald
Title: Vice President & Asst. Secretary
 
 
MONUMENTAL LIFE INSURANCE COMPANY
 
 
By
 
/s/  GREGORY W. THEOBALD      

--------------------------------------------------------------------------------

Name: Gregory W. Theobald
Title: Vice President & Asst. Secretary

--------------------------------------------------------------------------------

    THE MANHATTAN LIFE INSURANCE COMPANY
 
 
By
 
/s/  DANIEL GEORGE      

--------------------------------------------------------------------------------

Name: Daniel George
Title: President

--------------------------------------------------------------------------------

    MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
 
 
By
 
/s/  STEVEN J. KATZ      

--------------------------------------------------------------------------------

Name: Steven J. Katz         Title:   Second Vice President and Associate
General Counsel

--------------------------------------------------------------------------------

    MINNESOTA LIFE INSURANCE COMPANY
 
 
By:
 
Advantus Capital Management, Inc.
 
 
 
 
By
 
/s/  DAVID SCHULTZ      

--------------------------------------------------------------------------------

Name: David Schultz
Title: Vice President
 
 
MTL INSURANCE COMPANY
 
 
By:
 
Advantus Capital Management, Inc.
 
 
 
 
By
 
/s/  DAVID SCHULTZ      

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Name: David Schultz
Title: Vice President

--------------------------------------------------------------------------------

    METROPOLITAN LIFE INSURANCE COMPANY
 
 
By
 
/s/  JACQUELINE D. JENKINS      

--------------------------------------------------------------------------------

Name: Jacqueline D. Jenkins
Title: Managing Director

--------------------------------------------------------------------------------

    THE OHIO NATIONAL LIFE INSURANCE COMPANY
 
 
By
 
/s/  MICHAEL A. BOEDEKER      

--------------------------------------------------------------------------------

Name: Michael A. Boedeker
Title: Senior Vice President, Investments
 
 
OHIO NATIONAL LIFE ASSURANCE CORPORATION
 
 
By
 
/s/  MICHAEL A. BOEDEKER      

--------------------------------------------------------------------------------

Name: Michael A. Boedeker
Title: Senior Vice President, Investments

--------------------------------------------------------------------------------

    PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY
 
 
By:
 
Provident Investment Management, LLC, Its Agent
 
 
By
 
/s/  BEN MILLER      

--------------------------------------------------------------------------------

Name: Ben Miller
Title: Vice President

--------------------------------------------------------------------------------

    REASSURE AMERICA LIFE INSURANCE COMPANY
 
 
By:
 
Swiss Re Asset Management (Americas) Inc., as Attorney-In-Fact
 
 
By
 
/s/  JOHN H. DEMALLIE      

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Name: John H. DeMallie
Title: Assistant Vice President

--------------------------------------------------------------------------------

    TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA
 
 
By
 
/s/  ROI G. CHANDY      

--------------------------------------------------------------------------------

Name: Roi G. Chandy
Title: Director, Special Situations

--------------------------------------------------------------------------------

    THE UNION CENTRAL LIFE INSURANCE COMPANY
 
 
By:
 
Summit Investment Partners, Inc., its Investment Advisor
 
 
By
 
/s/  DAVID M. WEISENBURGER      

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Name: David M. Weisenburger
Title: Portfolio Manager

--------------------------------------------------------------------------------

    WASHINGTON NATIONAL LIFE INSURANCE COMPANY
 
 
By:
 
Conseco Capital Management, Inc., acting as Investment Advisor
 
 
By
 
/s/  ERIC JOHNSON      

--------------------------------------------------------------------------------

Name: Eric Johnson
Title: Vice President

--------------------------------------------------------------------------------

    THE NORTHERN TRUST COMPANY, as Trustee for the Lucent Technologies Inc.
Master Pension Trust
 
 
By:
 
John Hancock Life Insurance Company, as Investment Advisor
 
 
By
 
/s/  C. WHITNEY HILL      

--------------------------------------------------------------------------------

Name: C. Whitney Hill
Title: Director

--------------------------------------------------------------------------------

The provisions of Section 6.11 of the foregoing Agreement are accepted and
agreed:    
HS CORP. OF OREGON
 
 
By:
 
/s/  ROGER L. KRAGE      

--------------------------------------------------------------------------------

Name: Roger L. Krage
Title: SVP/General Counsel
 
 
FTI HOLDINGS, L.P.
 
 
By:
 
FREMONT GROUP, L.L.C.,
its General Partner
 
 
 
 
By:
 
FREMONT INVESTORS, INC.,
its Non-Member Manager
 
 
 
 
 
 
By:
 
/s/  R.S. KOPF      

--------------------------------------------------------------------------------

Name: R. S. Kopf
Title: Managing Director—Operations, General Counsel and Secretary
 
 
CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP,
 
 
By:
 
HS Corp. of Oregon,
its General Partner
 
 
 
 
By:
 
/s/  ROGER L. KRAGE      

--------------------------------------------------------------------------------

Name: Roger L. Krage
Title: SVP/General Counsel
 
 

--------------------------------------------------------------------------------

 
 
 
 
 
 
 
 
 
 
 
CROWN PACIFIC PARTNERS, L.P.
 
 
By:
 
CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP,
its General Partner
 
 
 
 
By:
 
HS Corp. of Oregon,
its General Partner
 
 
 
 
 
 
By:
 
/s/  ROGER L. KRAGE      

--------------------------------------------------------------------------------

Name: Roger L. Krage
Title: SVP/General Counsel
 
 

--------------------------------------------------------------------------------

Schedule 1 to
Note Purchase
Override Agreement

Note No.

--------------------------------------------------------------------------------

  Name

--------------------------------------------------------------------------------

  Amendment Fee
Payment From
Inland South
(in actual $'s)

--------------------------------------------------------------------------------

9.78% Senior Notes due 2002-2009       1, 2   John Hancock Mutual Life Ins    
275,720.16 4   Mellon Bank Tree for NYNHY     16,460.91 6   Bankers United Life
Assur Co     28,806.58 7   PFL Life Insurance Co     20,576.13 9   Life
Investors Ins Co of America     12,345.68 10   AUSA Life Insurance Co    
12,345.68 11   Monumental Life Insurance Co     12,345.68 12   Great Northern
Insured Annuity     102,880.66 13 & 36   Mass Mutual Life Insurance Co    
63,786.01 14 & 37   Mass Mutual Life Insurance Co     39,094.65 15   Teachers
Ins & Annuity Assoc     82,304.53 17   Allstate Life Insurance Co     4,115.23
18   Allstate Life Insurance Co     16,460.91 19   Allstate Life Insurance Co  
  41,152.26 21   The Ohio Nat'l Life Insurance Co     41,152.26 23   The Union
Central Life Ins Co     20,576.13 55   Strafe & Co.     4,115.23 54  
Metropolitan Life     24,691.36 44   Conseco Capital Management     12,345.68 46
  Western National Life Ins Co     123,456.79 47   Teachers Ins & Annuity Assoc
    28,806.58 48   Equitable Life Insurance Co     74,074.07 50   AUSA Life
Insurance Co     16,460.91 51   Mellon Bank Tree for AT&T     5,246.91 52  
Mellon Bank Tree for BOOTH     11,213.99 53   Hare & Co     41,152.26        

--------------------------------------------------------------------------------

    Total         1,131,687.24
9.60% Senior Notes due 2002-2009
 
 
  1   Teachers Ins & Annuity Assoc     82,304.53 3   Provident Life & Accident
Ins Co     20,576.13        

--------------------------------------------------------------------------------

          102,880.66
7.80% Senior Notes due 2010-2018
 
 
  Series A         1-A   John Hancock Mutual Life Ins     24,691.36   2-A  
Teachers Ins & Annuity Assoc     37,037.04        

--------------------------------------------------------------------------------

          61,728.40

S-1

--------------------------------------------------------------------------------

7.80% Senior Notes due 2010-2018       Series B                 1-B   John
Hancock Mutual Life Ins     24,691.36       2-B   Connecticut Life     13,168.72
      3-B   Connecticut Life     12,345.68       4-B   Connecticut Life    
24,691.36       5-B   Connecticut Life     17,333.33       6-B   Connecticut
Life     14,765.43       7-B   General Electric Capital     61,728.40       8-B
  Minnesota Life     32,921.81       9-B   Mutual Life     4,115.23     10-B  
Ohio Life     20,576.13        

--------------------------------------------------------------------------------

          226,337.45 7.80% Senior Notes due 2010-2018       Series C            
  1-C   John Hancock Mutual Life Ins     49,382.72     1-C3   Investors Bank &
Trust Co     12,345.68     2-C   Provident Life & Accident Ins Co     41,152.26
       

--------------------------------------------------------------------------------

          102,880.66
8.17% Senior Notes due 2003-2013
 
 
  Series A               R-A-2   The Equitable Life     26,707.82        

--------------------------------------------------------------------------------

          26,707.82
8.17% Senior Notes due 2003-2013
 
 
  Series B               R-B-1   John Hancock Mutual Life Ins     59,670.78    
R-B-2   John Hancock Mutual Life Ins     30,864.20     R-B-4   Teachers Ins &
Annuity Assoc     102,880.66     R-B-5   John Hancock Mutual Life Ins    
12,345.68        

--------------------------------------------------------------------------------

          205,761.32
8.17% Senior Notes due 2003-2013
 
 
  Series C               R-C-1   Teachers Ins & Annuity Assoc     16,460.91    
R-C-2   Allstate Life Insurance Co     36,666.67     R-C-3   Allstate Life
Insurance Co     9,053.50     R-C-4   Allstate Life Insurance Co     18,107.00  
     

--------------------------------------------------------------------------------

          80,288.07
8.17% Senior Notes due 2003-2013
 
 
  Series D               R-D-2   Provident Life & Accident Ins Co     61,728.40
       

--------------------------------------------------------------------------------

          61,728.40
Total Senior Notes
 
$
2,000,000.00

S-2

--------------------------------------------------------------------------------

Exhibit C to
Note Purchase
Override Agreement

CROWN PACIFIC LIMITED PARTNERSHIP
CLOSING CERTIFICATE

To the Holders named
in Schedule I attached hereto

Ladies and Gentlemen:

        This certificate is the certificate referred to in Article IV(b) of the
Note Purchase Override Agreement, dated as of April 19, 2002 (the "Agreement"),
entered into by the undersigned, Crown Pacific Limited Partnership, a Delaware
limited partnership (the "Company"), with the Holders named therein. Unless
otherwise indicated herein, capitalized terms used herein shall have the same
meanings as in the Note Agreements (as defined in the Agreement), as modified by
the Agreement.

        The Company hereby represents and warrants to you on the date hereof as
follows:

        (1)    Subsidiaries.    The Company has no Subsidiaries.

        (2)    Organization and Authority.    (a) The Company:

        (i)    is a limited partnership duly organized, validly existing and in
good standing under the laws of the State of Delaware;

        (ii)  has all requisite power and authority and all necessary licenses
and permits to own and operate its Properties and to carry on its business as
now conducted and as presently proposed to be conducted;

        (iii)  is duly licensed or qualified and is in good standing as a
foreign partnership (to the extent qualification as a foreign partnership is
permitted by statute) in each jurisdiction wherein the failure to be so
qualified would have a material adverse effect on the business, operations or
financial condition of the Company; and

        (iv)  does not believe that the inability of the Company to qualify as a
foreign partnership in any state in which such qualification is not permitted by
law will have a material adverse effect on the business, operations or financial
condition of the Company.

        (b)  Annex A attached hereto states the name of each Person holding
either a General Partnership Interest or Limited Partnership Interest in the
Company.

        (3)    Representations and Warranties of Managing General
Partner.    The representations and warranties of the Managing General Partner
given to you in its Certificate of even date herewith, attached as Annex B
hereto, are true and correct.

        (4)    Financial Statements.    (a) The unaudited balance sheet of the
Company as of December 31, 2001 and the unaudited statements of operations, of
changes in partners' capital and of cash flows of the Company for the year ended
December 31, 2001, each attached hereto as Annex C, have been prepared in
accordance with GAAP consistently applied except as therein noted, are correct
and complete and present fairly, in all material respects, the financial
position of the Company as of such date and the results of its operations and
cash flows for such period, subject only to audit adjustments.

        (b)  Since December 31, 2001, there has been no change in the condition,
financial or otherwise, of the Company as shown on the balance sheet of the
Company as of such date, except changes in the ordinary course of business, none
of which individually or in the aggregate has been materially adverse.

C-1

--------------------------------------------------------------------------------

        (5)    Indebtedness.    Annex D attached hereto correctly describes all
Funded Debt (other than Capitalized Rentals), Current Debt and Capitalized
Rentals of the Company outstanding as of the date hereof.

        (6)    Pending Litigation.    There are no proceedings pending, or to
the knowledge of the Company threatened, against or affecting the Company or the
Managing General Partner in any court or before any governmental authority or
arbitration board or tribunal which if adversely determined would materially and
adversely affect the business, profits or financial condition of the Company or
the ability of the Company to perform the Agreement or the Note Agreements and
comply with its obligations under the Senior Notes (as defined in the
Agreement), each as modified by the Agreement. The Company is not in default
with respect to any order of any court, governmental authority or arbitration
board or tribunal.

        (7)    Title to Properties.    The Company has good and marketable title
in fee simple (or its equivalent under applicable law) to all material parcels
of real property it purports to own and has good and marketable title to all the
other Property it purports to own subject to no Liens other than Liens permitted
by the Note Agreements, as modified by the Agreement, or by the Intercreditor
Agreements, the Facility A Credit Agreement or the Facility B Credit Agreement
(as such terms are defined in the Agreement), or the Security Instruments (as
defined in the Intercreditor Agreement).

        (8)    Power and Authority; No Conflicts.    The compliance by the
Company with all of the provisions of the Agreement and the Note Agreements and
the Senior Notes (as defined in the Agreement), each as modified by the
Agreement:

        (a)  are within the partnership powers of the Company; and

        (b)  will not result in the violation of any provisions of any law or
any order of any court or governmental authority or agency and will not conflict
with or result in any breach of any of the terms, conditions or provisions of,
or constitute a default under, or (except pursuant to the Intercreditor
Agreement, the Facility A Credit Agreement or the Facility B Credit Agreement or
the Security Instruments (as defined in the Intercreditor Agreement)) result in
the creation of any Lien upon any Property of the Company under the provisions
of, any agreement or any indenture or other instrument to which the Company is a
party or by which it may be bound.

        (9)    No Defaults.    No Default or Event of Default (after giving
effect to the Agreement) has occurred and is continuing. Except as disclosed on
Annex E hereto, no default or event of default (after giving effect to the Third
Amendment (as defined in the Agreement)) has occurred and is continuing under
the Facility A Credit Agreement or the Facility B Credit Agreement, or under any
instrument or instruments or agreements (i) under and subject to which any
Current Debt or Funded Debt has been issued, or (ii) pursuant to which the
Company has any material obligations; and no event has occurred and is
continuing under the provisions of any such instrument or agreement which with
the lapse of time or the giving of notice, or both, would constitute an event of
default thereunder. The Company is not in violation in any respect of any terms
of the Partnership Agreement.

        (10)    No Materially Adverse Contracts.    The Company is not a party
to, or bound or affected by, any contract or agreement or subject to any
judgment, order, writ, injunction, rule or regulation or decree or other action
of any court or other governmental authority or agency, or the award of any
arbitrator, or any charter or contractual restriction that materially adversely
affects or in the future may (so far as the Company can now reasonably foresee
based on facts known to the Company) materially adversely affect the business,
Properties, profits, or financial condition of the Company.

        (11)    Taxes.    All tax returns required to be filed by the Company or
the Predecessor Partnerships in any jurisdiction have, in fact, been filed, and
all taxes, assessments, fees and other governmental charges upon the Company or
the Predecessor Partnerships or upon any of their respective Properties, income
or franchises, which are shown to be due and payable in such returns have been
paid. The

C-2

--------------------------------------------------------------------------------

Company does not know of any material proposed additional tax assessment against
it or the Predecessor Partnerships for which adequate provision has not been
made on its accounts and no material controversy in respect of additional income
taxes due is pending or to the knowledge of the Company threatened. The
provisions for taxes on the books of the Company are adequate for all open
years, and for its current fiscal period.

        (12)    Compliance with Law.    The Company:

        (a)  is not, to the knowledge of the Company after due inquiry, in
violation of any laws, ordinances, governmental rules or regulations to which it
is subject, or

        (b)  has not failed to obtain any license, permit, franchise or other
governmental authorization (and in the case of any temporary permits,
application for permanent permits have been made and are pending) necessary to
the ownership or operation of its Property or to the conduct of its business,

which violation or failure to obtain would materially adversely affect the
business, profits, Properties or financial condition of the Company.

        (13)    Patents and Trademarks.    The Company owns or possesses all the
patents, trademarks, trade names, service marks, copyrights, licenses and rights
with respect to the foregoing necessary for the present and planned future
conduct of its business, without any known conflict with the rights of others.

        (14)    Employee Retirement Income Security Act of 1974.    The
consummation of the transactions provided for in the Agreement and the Note
Agreements, as modified by the Agreement, and compliance by the Company with the
provisions thereof will not involve any prohibited transaction within the
meaning of ERISA or Section 4975 of the Internal Revenue Code of 1986, as
amended. Each Plan complies in all material respects with all applicable
statutes and governmental rules and regulations, and (a) no Reportable Event has
occurred and is continuing with respect to any Plan, (b) neither the Company nor
any ERISA Affiliate has withdrawn from any Multiemployer Plan or instituted
steps to do so, and (c) no steps have been instituted to terminate any Plan. No
condition exists or event or transaction has occurred in connection with any
Plan which could result in the incurrence by the Company or any ERISA Affiliate
of any material liability, fine or penalty. No Plan maintained by the Company or
any ERISA Affiliate, nor any trusts created thereunder, have incurred any
"accumulated funding deficiency" as defined in Section 302 of ERISA nor does the
present value of all benefits vested under all Plans exceed, as of the last
annual valuation date, the value of the assets of the Plans allocable to such
vested benefits. Neither the Company nor any ERISA Affiliate has any contingent
liability with respect to any post-retirement "welfare benefit plan" (as such
term is defined in ERISA) that could reasonably be expected to have a material
adverse affect on the business, profits or financial condition of the Company.

        (15)    Environmental and Natural Resource Matters.    Except as
disclosed in the reports listed on Annex F attached hereto, none of which
disclosures could materially adversely affect the business, profits, Properties
or financial condition of the Company, to the knowledge of the Company after due
inquiry:

        (a)  neither the Company nor its Properties are in material violation of
any applicable Environmental and Natural Resource Law;

        (b)  the Company has obtained all material Governmental Approvals
required for its current operations and its Properties by any applicable
Environmental and Natural Resource Law;

        (c)  there is no and has never been a material Release or threatened
material Release or disposal of any Hazardous Material at the Properties of the
Company; to the knowledge of the

C-3

--------------------------------------------------------------------------------

Company, its Properties are not adversely affected by any Release or threatened
Release originating or emanating from any other Property;

        (d)  the Properties of the Company do not contain and have not contained
any: (i) underground storage tank, (ii) material amounts of asbestos containing
building material, (iii) any landfills or dumps, (iv) hazardous waste treatment,
storage or disposal facility as defined pursuant to RCRA or any comparable state
law, or (v) site on or nominated for the National Priority List promulgated
pursuant to CERCLA or any state priority list promulgated pursuant to any
comparable state law;

        (e)  the Company is not subject to any material liability for response
or corrective action, natural resource damage or other harm pursuant to CERCLA,
RCRA or any comparable state law; the Company is not subject to, has no notice
or knowledge of and is not required to give any notice of any Environmental and
Natural Resource Claim arising from the Company, its operations, its Properties
or any other property previously owned or operated by the Company or its
predecessors (including without limitation the Predecessor Partnerships, but
excluding predecessors of the Company only with respect to title to such
property); there are no conditions or occurrences at the Properties of the
Company which could reasonably form the basis for an Environmental and Natural
Resource Claim against the Company or its Properties;

        (f)    the Properties of the Company are not subject to, and the Company
has no knowledge of any imminent, material restriction on its ownership,
occupancy, use, productivity or transferability (i) in connection with any
Release, threatened Release or disposal of a Hazardous Material, or
Environmental and Natural Resource Law or (ii) as a consequence of any
Harvest/Yield Restriction;

        (g)  in connection with any acquisition of real properties by the
Company or its predecessors, the Company or its predecessors (including without
limitation the Predecessor Partnerships, but excluding predecessors of the
Company only with respect to title to such property) conducted due and diligent
inquiry of any environmental liability of, compliance with any applicable
Environmental and Natural Resource Law of and the environmental condition of
such acquired Properties, which due and diligent inquiry (i) constituted at the
time of such acquisition all appropriate inquiry into the previous ownership and
uses of such Property consistent with good commercial or customary practice in
an effort to minimize liability, and (ii) constituted at the time of such
acquisition the due diligence a reasonable and prudent purchaser would have
conducted as to environmental, health and safety matters, when acquiring similar
Properties.

Dated: April 19, 2002
 
 
 
 
      CROWN PACIFIC LIMITED PARTNERSHIP
 
 
By:
CROWN PACIFIC MANAGEMENT
LIMITED PARTNERSHIP,
its General Partner
 
 
 
By:
HS Corp. of Oregon,
its General Partner
 
 
 
 
By:
/s/  ROGER L. KRAGE      

--------------------------------------------------------------------------------

Name: Roger L. Krage
Title: SVP/General Counsel

C-4

--------------------------------------------------------------------------------

Schedule I to
Closing Certificate of
Crown Pacific Limited Partnership

Holders of Senior Notes of
Crown Pacific Limited Partnership

1.John Hancock Life Insurance Company

2.John Hancock Variable Life Insurance Company

3.Mellon Bank, N.A., as Trustee for Long-Term Investment Trust

4.Mellon Bank, N.A., as Trustee for the Bell Atlantic Master Pension Trust

5.The Northern Trust Company, as Trustee for the Lucent Technologies Inc. Master
Pension Trust

6.Commonwealth of Pennsylvania State Employees' Retirement System

7.General Electric Capital Assurance Company

8.Teachers Insurance and Annuity Association of America

9.Minnesota Life Insurance Company

10.MTL Insurance Company

11.The Ohio National Life Insurance Company

12.Ohio National Life Assurance Corporation

13.Provident Life & Accident Insurance Company

14.Connecticut General Life Insurance Company

15.AUSA Life Insurance Company

16.Life Investors Insurance Company of America

17.Monumental Life Insurance Company

18.Transamerica Life Insurance Company

19.American General Annuity Insurance Company

20.Massachusetts Mutual Life Insurance Company

21.Allstate Life Insurance Company

22.Allstate Life Insurance Company of New York

23.Metropolitan Life Insurance Company

24.Reassure America Life Insurance Company

25.The Equitable Life Assurance Society of the United States

26.The Union Central Life Insurance Company

27.The Manhattan Life Insurance Company

28.Washington National Life Insurance Company

C-1

--------------------------------------------------------------------------------

Annex A to
Closing Certificate of
Crown Pacific Limited Parnership

General Partnership Interest:    
Crown Pacific Management, L.P.
 
1.0101% GP Interest
Limited Partnership Interest:
 
 
Crown Pacific Partners, L.P.
 
96.4776% LP Interest
CP Acquisition, Inc.
 
0.7781% LP Interest
CP Acquisition II, Inc.
 
1.4849% LP Interest
CP Acquisition III, Inc.
 
0.2493% LP Interest

--------------------------------------------------------------------------------

Annex B to
Closing Certificate of
Crown Pacific Limited Parnership

CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP
CLOSING CERTIFICATE

To the Holders named
in Schedule I attached hereto

Ladies and Gentlemen:

        This certificate is delivered to you as part of the Closing Certificate
of the Company referred to in Article IV(b) of the Note Purchase Override
Agreement, dated as of April 19, 2002 (the "Agreement"), entered into by Crown
Pacific Limited Partnership, a Delaware limited partnership (the "Company"),
with the Holders named therein. Unless otherwise indicated herein, capitalized
terms used herein shall have the same meanings as in the Note Agreements (as
defined in the Agreement), as modified by the Agreement.

        Crown Pacific Management Limited Partnership, a Delaware limited
partnership and the managing general partner of the Company (the "Managing
General Partner"), hereby represents and warrants to you on the date hereof as
follows:

        (1)    Subsidiaries.    The Managing General Partner has no
Subsidiaries.

        (2)    Organization and Authority.    (a) The Managing General Partner:

        (i)    is a limited partnership duly organized, validly existing and in
good standing under the laws of the State of Delaware;

        (ii)  has all requisite power and authority and all necessary licenses
and permits to own and operate its Properties and to carry on its present
business as now conducted and as presently proposed to be conducted;

        (iii)  is duly licensed or qualified and is in good standing as a
foreign partnership (to the extent qualification as a foreign partnership is
permitted by statute) in each jurisdiction wherein the failure to be so
qualified would have a material adverse effect on the Properties, business,
prospects, profits or financial condition of the Managing General Partner; and

        (iv)  has the power and authority under the Partnership Agreement of the
Company to execute and deliver on behalf of the Company the Agreement and the
other certificates and agreements to be delivered by the Company in connection
with the transactions contemplated by the Agreement.

        (b)  Annex A attached hereto states the name of each Person holding
either a General Partnership Interest or Limited Partnership Interest in the
Managing General Partner.

        (3)    No Conflicts.    The execution and delivery by the Managing
General Partner on behalf of the Company of the Agreement and the other
certificates and agreements to be delivered by the Company in connection with
the transactions contemplated by the Agreement do not and will not contravene
any law or order of any court or governmental authority or agency applicable to
or binding on the Managing General Partner or contravene the provisions of, or
constitute a default under, its limited partnership agreement or any indenture,
mortgage, contract or any agreement or instrument to which the Managing General
Partner is a party or by which it or any of its Property may be bound or
affected.

        (4)    Pending Litigation.    There are no proceedings pending, or to
the knowledge of the Managing General Partner threatened, against or affecting
the Managing General Partner, in any court or before any governmental authority
or arbitration board or tribunal which if adversely determined would

--------------------------------------------------------------------------------

materially and adversely affect the Properties, business, profits or financial
condition of the Managing General Partner. The Managing General Partner is not
in default with respect to any order of any court, governmental authority or
arbitration board or tribunal.

        (5)    No Defaults.    The Managing General Partner is not in default in
the payment of principal or interest on any Indebtedness, is not in violation in
any respect of any terms of its limited partnership agreement and is not in
default under any instrument or instruments or agreements under and subject to
which any Indebtedness has been issued, and no event has occurred and is
continuing under the provisions of any such instrument or agreement which with
the lapse of time or the giving of notice, or both, would constitute an event of
default thereunder.

        (6)    Compliance with Law.    The Managing General Partner:

        (i)    is not in violation of any laws, ordinances, governmental rules
or regulations to which it is subject, and

        (ii)  has not failed to obtain any license, permit, franchise or other
governmental authorization (and in the case of any temporary permits,
application for permanent permits have been made and are pending) necessary to
the ownership or operation of its Property or to the conduct of its business,
which violation or failure to obtain might materially adversely affect the
Properties, business, profits or financial condition of the Managing General
Partner.

Dated: April 19, 2002        
 
 
CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP
 
 
By:
HS Corp. of Oregon,
its General Partner
 
 
 
By:
/s/  ROGER L. KRAGE      

--------------------------------------------------------------------------------

Name: Roger L. Krage
Title: SVP/General Counsel

--------------------------------------------------------------------------------

Schedule I to
Closing Certificate of
Crown Pacific Management Limited Partnership

Holders of Senior Notes of
Crown Pacific Limited Partnership

1.John Hancock Life Insurance Company

2.John Hancock Variable Life Insurance Company

3.Mellon Bank, N.A., as Trustee for Long-Term Investment Trust

4.Mellon Bank, N.A., as Trustee for the Bell Atlantic Master Pension Trust

5.The Northern Trust Company, as Trustee for the Lucent Technologies Inc. Master
Pension Trust

6.Commonwealth of Pennsylvania State Employees' Retirement System

7.General Electric Capital Assurance Company

8.Teachers Insurance and Annuity Association of America

9.Minnesota Life Insurance Company

10.MTL Insurance Company

11.The Ohio National Life Insurance Company

12.Ohio National Life Assurance Corporation

13.Provident Life & Accident Insurance Company

14.Connecticut General Life Insurance Company

15.AUSA Life Insurance Company

16.Life Investors Insurance Company of America

17.Monumental Life Insurance Company

18.Transamerica Life Insurance Company

19.American General Annuity Insurance Company

20.Massachusetts Mutual Life Insurance Company

21.Allstate Life Insurance Company

22.Allstate Life Insurance Company of New York

23.Metropolitan Life Insurance Company

24.Reassure America Life Insurance Company

25.The Equitable Life Assurance Society of the United States

26.The Union Central Life Insurance Company

27.The Manhattan Life Insurance Company

28.Washington National Life Insurance Company

--------------------------------------------------------------------------------

Annex A to
Closing Certificate of
Crown Pacific Management Limited Partnership

General Partnership Interest:    
HS Corp of Oregon
 
0.3% GP Interest
FTI Holdings LP
 
0.7% GP Interest

Limited Partnership Interest:

 

 
Peter W. Stott
 
23.2% LP Interest
Roger L. Krage
 
1.9% LP Interest
FTI Holdings LP
 
73.9% LP Interest

--------------------------------------------------------------------------------

Annex D to
Closing Certificate of
Crown Pacific Limited Partnership

SCHEDULE OF FUNDED DEBT, CURRENT DEBT
AND CAPITALIZED LEASES (1)

FUNDED DEBT:       9.78% Senior Notes   $ 275,000,000 9.60% Senior Notes    
25,000,000 8.17% Senior Notes     91,000,000 7.80% Senior Notes     95,000,000
Bank Acquisition Facility
 
 
199,300,000 Bank Working Capital Facility     24,500,000
CURRENT DEBT:
 
 
  None.      
CAPITALIZED LEASES:
 
 
  None.      

--------------------------------------------------------------------------------

(1)As of the date hereof, prior to execution of the Agreement, the Intercreditor
Agreement, the Facility A Credit Agreement or the Facility B Credit Agreement
(as such terms are defined in the Agreement).

--------------------------------------------------------------------------------

Annex E to
Closing Certificate of
Crown Pacific Limited Partnership

Capitalized terms used in this Annex E but not defined in the Agreement have the
respective meanings set forth in the Facility A Credit Agreement and the
Facility B Credit Agreement (as such terms are defined in the Agreement).

        Due to ongoing negotiations between the Banks and the Holders, the
Company was unable to complete and deliver to the Bank Agent pursuant to
Section 6.1 of the Facility A Credit Agreement and the Facility B Credit
Agreement a copy of the audited consolidated balance sheet of the Company and
its subsidiaries as at the end of December 31, 2001 and the related consolidated
statements of income or operations, partners' equity and cash flows for
December 31, 2001, and, accordingly, the Company was unable to submit a
certificate of the Independent Auditor stating that in making the examination
necessary therefore no knowledge was obtained of any Default or Event of
Default.

--------------------------------------------------------------------------------

Annex F to
Closing Certificate of
Crown Pacific Limited Partnership

ENVIRONMENTAL REPORTS

        The following reports contain disclosures with respect to environmental
matters described in paragraph (15) of the Company's Closing Certificate.

        With respect to certain facilities related to or in the vicinity of the
closed Long Lake sawmill in Spokane, Washington (which property has been sold by
the Company), those matters described in:

1.Phase I Environmental Site Assessment (September 13, 1993).

2.Environment Compliance Audit (October 13, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

5.Underground Storage Tank Closure Report (November 1995).

6.Underground Storage Tank Site Assessment Report (April 4, 1996).

7.Letter from Dave George, Washington Department of Ecology, to Crown Pacific
(July 15, 1996), regarding alleged historic spills of oil.

8.Letter from K.C. Hansen, CPLP, to Dave George, Washington Department of
Ecology (July 30, 1996), responding to complaint regarding alleged historic
spills of oil.

9.Transcription of voicemail message from Dave George, Washington Department of
Ecology, to K.C. Hansen, CPLP (August 27,1996), regarding closure of file on
alleged historic spills of oil.

        With respect to certain facilities related to or in the vicinity of the
closed Coeur d'Alene sawmill near Coeur d'Alene, Idaho (which property is for
sale by the Company), those matters described in:

1.Storm Water Pollution Prevention Plan for the DAW Forest Products Company
Coeur d'Alene Facility (April 1, 1993).

2.Phase I Environmental Site Assessment (September 13, 1993).

3.Environmental Compliance Audit (October 14, 1993).

4.Summary of Findings, Phase II Report of Results (October 18, 1993).

5.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

6.Correspondence dated October 28, 1993, from Diane R. Lorenzen, Bison
Engineering, Inc., to William R. Grieve, Bank of Montreal, regarding status of
opacity compliance at Coeur d'Alene, Idaho facility.

7.Spill Prevention Control and Countermeasure Plan for the Crown Pacific Inland
Lumber Coeur d'Alene Facility (February 26, 1994 and February 1998).

8.Survey of Asbestos Containing Materials (June 1994).

9.Correspondence dated May 12, 1995, from Richard Roché, Century West
Engineering, to K.C. Hansen, CPLP, regarding testing of log yard waste.

10.Correspondence, November 9, 1998, from Richard Roché, R.G., Century West
Engineering, to K.C. Hansen, CPLP, regarding Summary of Changes in the EPA
Modified NPDES Multi-Sector Storm Water Permit Crown Pacific Idaho facilities.

--------------------------------------------------------------------------------

11.Correspondence, November 3, 1998, to K.C. Hansen, CPLP, from Joni Hammond,
DEQ, regarding The 1997 Legislature passed a low allowing some reuse/land
application of industrial process water.

12.Storm Water Pollution Prevention Plan & Spill Prevention Control &
Countermeasure Plan (February 4, 1999).

13.Phase 1 Environmental Site Assessment (April 27, 2000).

        With respect to certain facilities related to or in the vicinity of the
closed Albeni Falls sawmill in Oldtown, Idaho (which property has been sold by
the Company), those matters described in:

1.Phase I Environmental Site Assessment (August 9, 1993).

2.Environmental Compliance Audit (October 12, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

        With respect to certain facilities related to or in the vicinity of the
closed Colburn sawmill in Colburn, Idaho (which property has been sold by the
Company), those matters described in:

1.Phase I Environmental Assessment (August 12, 1993).

2.Environmental Compliance Audit (October 13, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

5.Storm Water Pollution Prevention Plan (November 17, 1998).

6.Spill Prevention Control and Countermeasure Plan (September 30, 1998).

        With respect to certain facilities related to or in the vicinity of the
Bonners Ferry sawmill in Bonners Ferry, Idaho (which property has been sold by
the Company), those matters described in:

1.Phase I Environmental Assessment (August 5, 1993).

2.Environmental Compliance Audit (October 12, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

5.Survey for Asbestos Containing Materials (July 1994).

6.Spill Prevention Control and Countermeasure Plan for the Crown Pacific Bonners
Ferry Facility (July 14, 1997).

7.Remediation Report, Former Debarker Area (October 30, 1997).

8.Phase I Environmental Site Assessment Update (December 10, 1997).

9.Correspondence, March 20, 1998, from Orville D. Green, Air & Hazardous Waste
Division, to K.C. Hansen, CPLP, regarding P-970125 Crown Pacific Limited
Partnership, Bonners Ferry (Permit to Construct Modification Application)

10.Storm Water Pollution Prevention Plan & Spill Prevention Control &
Countermeasure Plan (September 29, 1998).

11.Site Remediation Report (September 24, 2001).

--------------------------------------------------------------------------------

        With respect to certain facilities related to or in the vicinity of the
closed Thompson Falls sawmill near Thompson Falls, Montana (which property has
been sold by the Company), those matters described in:

1.Phase I Environmental Assessment (September 10, 1993).

2.Environmental Compliance Audit (October 14, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

        With respect to certain facilities related to or in the vicinity of the
closed Superior sawmill near Superior, Montana (which property has been sold by
the Company), those matters described in:

1.Phase I Environmental Assessment (September 13, 1993).

2.Environmental Compliance Audit (October 14, 1993).

3.Summary of Findings, Phase II Report of Results (October 18, 1993).

4.Phase II Environmental Site Assessments of DAW and W-I Forest Products
Company, L.P. Northern Division Facilities (October 20, 1993).

5.Letter, dated December 17, 1993, from K.C. Hansen, Crown Pacific Inland, to
Edward A. Thamke, Montana Department of Health and Environmental Sciences,
regarding test results.

6.Letter, dated May 25, 1994, from Edward Thamke, Montana Department of Health
and Environmental Sciences, regarding closure of wood waste landfill.

        With respect to certain facilities related to or in the vicinity of the
closed Plywood facility in Redmond, Oregon (which property has been sold by the
Company), those matters described in:

1.Environmental Compliance Audit, Dated December 2, 1993.

2.Phase I Environmental Site Assessment, dated July 19, 1993.

3.Scope I Report of Findings and Level II Environmental Site Assessment for DAW
Redmond Wood Products Facilities at Redmond, Oregon, dated August 29, 1993.

4.Scope II Report of Findings and Level II Environmental Site Assessment for DAW
Bend Sawmill and Redmond Facilities at Bend and Redmond, Oregon, dated
August 29, 1993.

5.Scope III Report of Findings and Level II Environmental Site Assessment for
DAW Redmond and Bend Facilities at Redmond and Bend, Oregon, dated August 30,
1993.

6.Addendum to Phase I Environmental Site Assessment Reports DAW Bend Sawmill,
Redmond Remanufacturer and Plywood facilities, dated September 4, 1993.

7.Correspondence, dated August 9, 1993, from Eric J. Mears, Century West
Engineering Corporation, to P.A. Leineweber, regarding results of limited
environmental review of DAW facilities in Bend and Redmond, Oregon.

8.Correspondence, dated October 8, 1993, from Glenn E. Cook, Century West
Engineering Corporation to Dan Schmitke, Crown Pacific, Ltd., regarding disposal
of hydrocarbon contaminated soil from remanufacture and plywood facilities.

9.Correspondence, dated October 7, 1993, from James S. DeSmet, Grant,
Schreiber & Associates, to Doug Westnhaver, DAW, regarding Redmond asbestos
abatement project.

        With respect to certain facilities related to or in the vicinity of the
closed Remanufacturing facility in Redmond, Oregon (which property has been sold
by the Company), those matters described in:

1.Environmental Compliance Audit, Dated December 2, 1993.

--------------------------------------------------------------------------------

2.Phase I Environmental Site Assessment, dated July 26, 1993.

3.Scope I Report of Findings and Level II Environmental Site Assessment for DAW
Redmond Wood Products Facilities at Redmond, Oregon, dated August 29, 1993.

4.Scope II Report of Findings and Level II Environmental Site Assessment for DAW
Bend Sawmill and Redmond Facilities at Bend and Redmond, Oregon, dated
August 29, 1993.

5.Scope III Report of Findings and Level II Environmental Site Assessment for
DAW Redmond and Bend facilities at Redmond and Bend, Oregon, dated August 30,
1993.

6.Addendum to Phase I Environmental Site Assessment Reports DAW Bend sawmill,
Redmond Remanufacturer and Plywood Facilities, dated September 4, 1993.

7.Correspondence, dated August 9, 1993, from Eric J. Mears, Century West
Engineering Corporation, to P.A. Leineweber, regarding results of limited
environmental review of DAW facilities in Bend and Redmond, Oregon.

8.Correspondence, dated August 29, 1993, from Eric J. Mears, Century West
Engineering Corporation to P.A. Leineweber, Crown Pacific, Ltd., discussing
supplemental findings of sampling conducted at the remanufacturing plant in
Redmond, Oregon.

9.Correspondence, dated October 8, 1993, from Glenn E. Cook, Century West
Engineering Corporation to Dan Schmitke, Crown Pacific, Ltd., regarding disposal
of hydrocarbon contaminated soil from remanufacture and plywood facilities.

10.Phase I Environmental Site Assessment Update (August 30, 1996).

11.Correspondence, April 17, 1998, to Tony Leineweber, CPLP, from Bill Smith,
Merrill, O'Sullivan, MacRitchie, Petersen &Dixon, LLP, regarding DEQ NFA
Determination.

        With respect to certain facilities related to or in the vicinity of the
Gilchrist sawmill in Gilchrist, Oregon, those matters described in:

1.Level II Environmental Assessment, dated July 18, 1991.

2.Supplemental Environmental Assessment, dated August 7, 1991.

3.Groundwater and Subsurface Soil Investigation, dated September 13, 1991.

4.Letter from Glenn E. Cook of Century West Engineering to P.A. Leineweber,
dated November 21, 1992, describing the status of certain environmental
remediation activities and issues.

5.Notice of Noncompliance from Oregon Department of Environmental Quality to
K.C. Hansen, CPLP (October 31, 1997), regarding alleged violations of hazardous
waste, used oil, and spill requirements.

6.Correspondence from K.C. Hansen, CPLP, to Jeff Ingalls, Oregon Department of
Environmental Quality (December 8, 1997), regarding response to Notice of
Noncompliance.

7.Storm Water Pollution Control Plan (January 29, 1998).

8.Spill Prevention, Control, and Countermeasure Plan (February 25, 1998).

9.Correspondence, October 7, 1999, to Linda Hayes-Gorman, DEQ, From K.C. Hansen,
CPLP, regarding Gilchrist Solid Waste Closure Permit.

10.Correspondence, June 29, 2001, to Ms. Katie Robertson, R.G., DEQ, From K.C.
Hansen, CPLP, regarding Information Requested by the DEQ Regarding the Crown
Pacific Sawmill Cilchrist, Oregon (ECSI #615).

11.EDR Report #0480366.3r (April 3, 2000).

12.Storm Water Pollution Control Plan (May 1, 1996)

--------------------------------------------------------------------------------

13.Spill Prevention Control and Countermeasure Plan (October 4, 1994).

14.Toxic Substance and Hazardous Waste Reduction Plan (December 8, 1998).

15.Phase I Environmental Site Assessment (April 26, 2000).

16.Solid Waste Disposal Site Permit: Wood Waste Landfill, DEQ, Permit #1129.

        With respect to certain facilities related to or in the vicinity of the
Prineville sawmill in Prineville, Oregon, those matters described in:

1.Environmental Property Transfer Assessment, Level I, dated July 23, 1991.

2.Underground Storage Tank Decommissioning and Temporary Closure Report, dated
July 23, 1991.

3.Offsite Investigation Report, dated July 23, 1991.

4.Level II Environmental Property Transfer Assessment, dated July 23, 1991.

5.Correspondence, dated April 26, 1991, from Paul Carlson, Asbestos
Resources, Inc. to P.A. Leineweber, enclosing asbestos survey report.

6.Letter from Blair T. Loftis of Hahn and Associates to P.A. Leineweber, dated
November 23, 1992, describing the status of certain environmental remediation
activities and issues.

7.Site Assessment Corrective Cleanup Action Report (June 1994).

8.Corrective Cleanup Action Report (August 1994).

9.Spill Prevention Control and Countermeasure Plan (October 13, 1994).

10.Correspondence from Warren J. Klemz, Jr., Oregon Department of Environmental
Quality to Jim Horner, CPLP (December 30, 1994), regarding "no further action"
determination for underground storage tank decommissioning.

11.Storm Water Pollution Control Plan (October 14, 1996).

12.Spill Prevention, Control, and Countermeasure Plan (February 1998).

13.Storm Water Pollution Control Plan (February 1998).

14.Correspondence, March 4, 1998, from Paul A. Devito, DEQ, to Bill Eastman,
CPLP, regarding General 1200-Z NPDES, File No. 107793.

5.Correspondence, May 20, 1998, from Fichard J. Nichols, DEQ, to Jim Horner,
CPLP, regarding NPDES Permit No. 500-J, File No. 107793, EPA No. OR000243-7.

16.Correspondence, June 5, 1998, to Richard Roché, R.G., Century West
Engineering, from K.C. Hansen, CPLP, regarding NPDES
Permit—Prineville—Non-Contact Cooling Water.

17.Phase I Environmental Site Assessment (April 21, 2000).

        With respect to certain facilities related to or in the vicinity of the
Hamilton reload site, Hamilton, Washington, those matters described in:

1.Environmental Property Transfer Assessment, Level I, dated July 23, 1991.

2.Subsurface Investigation Report, dated July 23, 1991.

3.Final Report for Underground Storage Tank Installation and Decommissioning
operations, dated July 1992.

4.Monitoring Well Installation and Additional Assessment Operations report,
dated October 1992.

5.Asbestos Management Plan, dated November 1992.

--------------------------------------------------------------------------------

6.Update of Level I and II Environmental Site Assessments, dated November 1992.

7.Remediation Investigation Verification Report Groundwater Sampling Activities,
dated June 1993.

8.Land Treatment Unit Soil Bioremediation Progress Report, dated November 1993.

9.Additional Well Installation and Groundwater Monitoring Report, dated
November 1993.

10.Land Treatment Unit Soil Bioremediation Closure Report (October 1994).

11.Correspondence, October 19, 1994, from Elain P. Atkinson, Dept. of Ecology,
to Tom Gainer, Century West Engineering, regarding Independent Remedial Action
Program.

12.Correspondence dated November 18, 1994, from Thomas Gainer, Century West
Engineering, to Elaine Atkinson, Washington Department of Ecology, regarding
request for No Further Action designation.

13.Correspondence, dated May 31, 1995, from Ben Amoah-Forson, Washington
Department of Ecology, to Russ Paul, CPLP, regarding review of independent
remedial action.

14.Quarterly [Groundwater]Monitoring Report (September 14, 1995).

15.Quarterly [Groundwater]Monitoring Report (December 15, 1995).

16.Storm Water Pollution Prevention Plan (March 22, 1996).

17.Quarterly [Groundwater]Monitoring Report (March 25, 1996).

18.Quarterly [Groundwater]Monitoring Report (July 25, 1996).

19.Correspondence, dated October 8, 1996, from Thomas B. Gainer, Century West
Engineering, to Tony Leineweber, CPLP, regarding termination of quarterly
groundwater monitoring.

20.Spill Prevention Control & Countermeasure Plan Recertification (December 20,
1998).

21.Pesticide Permanent Mixing and Loading Facility Spill Prevention Control and
Countermeasure plan (March 10. 1999)

22.Groundwater Monitoring Report (April 26, 2000).

23.Phase I Environmental Site Assessment (May 2, 2000).

24.Storm Water Pollution Prevention Plan (October 10, 2001).

        With respect to certain facilities related to or in the vicinity of the
Whidbey Island seed orchard in Whidbey Island, Washington, those matters
described in:

1.Environmental Property Transfer Assessment, Level I, dated May 23, 1991.

2.Irrigation Well Sampling and Analysis report, dated July 23, 1991.

        With respect to certain facilities related to or in the vicinity of the
LaPine chipping mill in LaPine, Oregon (which property has been sold by the
Company), those matters described in:

1.Phase I Environmental Site Assessment (June 2, 1995).

2.Site Investigation and Cleanup Report (July 19, 1995).

        With respect to lands or facilities related to or in the vicinity of
timberlands acquired from Cavenham Forest Industries in Oregon and Washington,
those matters described in:

1.Phase I Environmental Site Assessment, Cavenham Forest Industries Properties,
Central and Eastern Oregon and Northwestern Washington (March 4, 1996).

2.Phase II Environmental Site Assessments, Cavenham Property, Mazama
Block—Oregon, Olympic Block—Washington (April 11, 1996).

--------------------------------------------------------------------------------

3.Correspondence from Richard H. Allan, Ball, Janik & Novack, to Tony
Leineweber, CPLP, Dated February 13, 1996 (should be May 3, 1996), regarding
disposal of empty herbicide drums.

4.Letter report from Century West Engineering to Tony Leineweber, CPLP, dated
June 20, 1996, regarding Phase II ESA Site Inspections, Eastside Mines.

5.Letter from Richard Roché, Century West Engineering, to Tony Leineweber, CPLP,
regarding aboveground storage tank at government microwave relay station.

6.Site Restoration and Remediation Report, Former Cavenham Property, Olympic
Block (October 7, 1996).

7.Remediation Report, Former Cavenham Property, Mazama Block (October 7, 1996).

        With respect to endangered species issues, those matters described in:

1.Report, dated April 1991, entitled "Review of Spotted Owl Habitat Potential on
Lands Owned by Crown Pacific, Ltd. In Washington State," prepared by Beak
Consultants, Inc.

2.Correspondence, dated March 22, 1991, from Beak Consultants, Inc., to Richard
D. Gustafson, Cavenham Forest Industries, Inc., regarding the status of northern
spotted owls on Gilchrist Timber Company property.

3.Correspondence, dated April 8, 1991, from Beak Consultants, Inc., to Richard
D. Gustafson, Cavenham Forest Industries, Inc., reviewing spotted own habitat on
Gilchrist Timber Company land.

4.Correspondence, dated April 30, 1991, from Beak Consultants Inc., to Richard
Gustafson, summarizing the report of spotted owl surveys.

5.Report, dated June 29, 1993, entitled "Assessment of Regulatory Constraints of
the Endangered Species Act on Timber Harvest from DAW/W-I Timberlands" by Beak
Consultants, Inc.

6.Letter, dated September 9, 1993, from Givens Pursley & Huntley to Roger L.
Krage, regarding Idaho Forest Practices Act and related information on
endangered species.

7.Environmental Summaries provided by Cavenham Forest Industries.

        With respect to certain facilities related to or in the vicinity of the
Port Angeles Sawmill in Port Angeles, Washington, those matters described in:

1.Phase I and II Environmental Site Assessments and Remediation Report
(September 30, 1997).

2.Engineering Report—Crown Pacific Facility, Port Angeles, WA (May 29, 1998).

3.Additional Remedial Excavation Report (November 9, 1998).

4.Spill Prevention, Control, and Countermeasure (SPCC) Plan (December 31, 1998).

5.Storm Water Pollution Prevention Plan (December 31, 1998).

6.Mitigated Determination of Non-Significance, from Clallam County (June 2,
1999).

7.Letter, dated October 4, 1999, from Century West Engineering to KC Hansen,
regarding Port Angeles Facility Dry Season SWPPP and SPCC Plan Inspections.

8.Preliminary Engineering Report—Stormwater Discharge Treatment (October 18,
1999).

9.Phase I Environmental Site Assessment (April 21, 2000).

--------------------------------------------------------------------------------

10.Correspondence, November 9, 2000, from Norman K. Schench, P.E., Dept. of
Ecology, to K.C. Hansen, CPLP, regarding NPDES Permit No. WA0042013—Crown
Pacific Sawmill, Port Angeles.

11.Correspondence, November 28, 2000, from Dept. of Ecology, to Crown
Pacific-Port Angeles, Stormwater Permit No. S03-003030.

12.Correspondence, December 7, 2000, from Kevin J. Beaton, Stoel Rives, LLP., to
K.C. Hansen, CPLP, regarding Final Reissuance of NPDES Storm Multi-Sector Permit
for Industrial Activities.

13.Correspondence, December 12, 2000, from Dept. of Ecology, to K.C. Hansen,
CPLP, regarding Notice of Correction No. DE 00WQSR-1811.

14.Correspondence, January 10, 2001, from K.C. Hansen, CPLP, to Mr. Marc
Pacifico, Dept. of Ecology, regarding Feasible Options for Storm Water
Management NOC No. DE 00WQSR-1811.

15.Correspondence, February 28, 2001, from K.C. Hansen, CPLP, to Mr. Marc
Pacifico, Dept. of Ecology, regarding Notice of Corrections # DE 00WQSR-1811
Issued to Crown Pacific—Port Angeles.

16.Correspondence, March 14, 2001, from Steven G. Eberl, P.E., Dept. of Ecology,
to K.C. Hansen, CPLP, regarding Notice of Correction Extension Request.

17.Transcribed from K.C. Hansen's voice mail, from Norm Schenk, Dept. of
Ecology, to K.C. Hansen, CPLP, regarding Review of report.

18.Document, March 28, 2001, from Norman K. Schench, P.E., Dept. of Ecology, to
K.C. Hansen, CPLP, regarding Engineering Review of Plans for Construction of
Wastewater Facilities.

19.Engineering Report—Stormwater Infiltration Pond (March 28, 2001).

20.Engineering Report Addendum—Stormwater Infiltration Pond (June 29, 2001).

21.Correspondence, July 11, 2001, from Kelly Susewind, P.E., Dept. of Ecology,
to K.C. Hansen, CPLP, regarding Engineering Report, Engineering Report Addendum
and Construction Drawings—Storm Water Infiltration Pond, Prepared by CWEC, Date
June 29, 2001.

22.Correspondence, August 29, 2001, from Norman K. Schench, P.E., Dept. of
Ecology, to K.C. Hansen, CPLP, regarding Site Visit—July 20, 2001, Port Angeles.

23.Letter, dated October 23, 2001, from Century West Engineering to Steven
Kroll, regarding Stormwater Infiltration Pond.

24.Letter, dated November 11, 2001, from Century West Engineering to KC Hansen,
regarding Stormwater Infiltration Pond.

25.Port Angeles Wastewater Permit Renewal (January 2, 2002).

        With respect to certain facilities related to or in the vicinity of the
Marysville sawmill in Marysville, Washington, those matters described in:

1.Phase I and II Environmental Site Assessments and Remediation Report
(September 11, 1996).

2.Correspondence from Richard Roché, Century West Engineering, to Tony
Leineweber, CPLP (November 8, 1996) regarding Texaco site contamination.

3.Spill Prevention, Control, and Countermeasure (SPCC) Plan (December 19, 1996).

4.Storm Water Pollution Prevention Plan (January 15, 1997).

--------------------------------------------------------------------------------

5.Additional Site Characterization Report (March 20, 1997).

6.Quarterly [Groundwater] Monitoring Report (Event #3) (June 1997).

7.Correspondence from Richard Roché, Century West Engineering, to Tony
Leineweber, CPLP (June 12, 1997) regarding Texaco site contamination.

8.Correspondence, August 15, 1997, to Glenn Pieritz, WDOE, From K.C. Hansen,
CPLP, regarding Request for Extension of Storm Water Pollution Prevention Plan
Capital Improvements Deadline.

9.Correspondence, August 22, 1997, to Richard Roché, Century West Engineering,
from Dan D. Wrye, WDOE, regarding Approved Extension of Storm Water Pollution
Prevention Plan (SWPPP).

10.Quarterly [Groundwater] Monitoring Report (Event #4) (September 1997).

11.Quarterly [Groundwater] Monitoring Report (Event #5) (November 24, 1997).

12.Correspondence from Richard Roché, Century West Engineering, to Tony
Leineweber, CPLP (December 2, 1997) regarding Texaco site contamination.

13.Remedial Excavation Report (August 26, 1998).

14.Groundwater Monitoring Report Events #1-16 (October 1996-August 2001).

15.Phase I Environmental Site Assessment (April 21, 2000).

16.Storm Water Pollution Prevention Plan (October 10, 2001).

        With respect to lands related to or in the vicinity of the Gilchrist
tree farm near LaPine, Oregon, those matters described in:

1.Notice of Noncompliance from Oregon Department of Environmental Quality to
K.C. Hansen, CPLP (October 31, 1997), regarding alleged violations of hazardous
waste, used oil, and spill requirements.

2.Remediation Report, Gilchrist Tree Farm, Spring Butte Oil Spill (November 3,
1997).

3.Correspondence from K.C. Hansen, CPLP, to Jeff Ingalls, Oregon Department of
Environmental Quality (December 8, 1997), regarding response to Notice of
Noncompliance.

4.Correspondence from Jeff Ingalls, Oregon Department of Environmental Quality,
to K.C. Hansen, CPLP (December 9, 1997), regarding "no further action"
determination for spill remediation.

        With respect to lands related to or in the vicinity of the Scottsdale
wholesale lumberyard near Scottsdale, Arizona, those matters described in:

17.Phase I Environmental Site Assessment (November 1997).

18.Phase I Environmental Site Assessment (April 19, 2000).

        With respect to lands related to or in the vicinity of the Glendale
wholesale lumberyard near Glendale, Arizona, those matters described in:

1.Phase I Environmental Site Assessment (November 1997).

2.Phase I Environmental Site Assessment (April 21, 2000).

        With respect to lands related to or in the vicinity of the Queen Creek
wholesale lumberyard near Queen Creek, Arizona, those matters described in:

1.Phase I Environmental Site Assessment (November 1997).

2.Phase I Environmental Site Assessment (April 21, 2000).

--------------------------------------------------------------------------------

        With respect to lands related to or in the vicinity of the Las Vegas
wholesale lumberyard near Las Vegas, Nevada, those matters described in:

1.Phase I Environmental Site Assessment (January 1999).

2.Phase I Environmental Site Assessment (April 19, 2000).

        With respect to lands related to or in the vicinity of the Dermody
wholesale lumberyard near Dermody, Nevada, those matters described in:

1.Phase I Environmental Site Assessment (April 19, 200

--------------------------------------------------------------------------------

Exhibit D to
Note Purchase
Override Agreement

CROWN PACIFIC LIMITED PARTNERSHIP

Officer's Certificate

April 19, 2002

        Reference is made to the Note Purchase Override Agreement, dated as of
April 19, 2002 (the "Override Agreement"), among Crown Pacific Limited
Partnership (the "Company"), and the Holders party thereto. Capitalized terms
used but not defined herein have the respective meanings ascribed to such terms
in the Override Agreement.

        I, Richard D. Snyder, Senior Vice President and Chief Financial Officer
of the Company, hereby certify as of the date hereof, pursuant to Section 3.5 of
the Override Agreement, that Schedule A attached hereto sets forth, to my best
knowledge and belief, true and correct information with respect to the gross
proceeds of the Inland Tree Farm South Sale, the Net Proceeds of the Inland Tree
Farm South Sale and a detailed list of expenses associated with such sale in the
manner and amounts that such Net Proceeds and expenses will be paid pursuant to
Sections 3.5 and 3.6 of the Override Agreement.

[signature page follows]

D-1

--------------------------------------------------------------------------------

        IN WITNESS WHEREOF, I have hereunto set my hand to this certificate, in
my capacity as Senior Vice President and Chief Financial Officer of the Company,
as of the date first written above.

  /s/ RICHARD D. SNYDER

--------------------------------------------------------------------------------

Richard D. Snyder
Senior Vice President and
Chief Financial Officer

D-2

--------------------------------------------------------------------------------

Schedule A to
Officer's Certificate of
Crown Pacific Limited Partnership

CROWN PACIFIC PARTNERS LP

DISTRIBUTION OF INLAND SOUTH TREE FARM SALE PROCEEDS
(actual $'s)

Gross Proceeds and Calculation of Net Proceeds of Inland Tree Farm South Sale

Gross Proceeds   $ 133,815,585.00  
Inland Costs
 
 
 
  Holdbacks           Adjustment Escrow     (10,000,000.00 )   Harvest Volume
Adjustment     (1,401,617.00 )    

--------------------------------------------------------------------------------

      Total Holdbacks     (11,401,617.00 ) Expenses           Taxes    
(563,342.00 )   Escrow Fee     (3,000.00 )   Title Insurance (Chicago)    
(72,832.00 )   Title Insurance (Land America)     (118,119.00 )   Logging
Contract     (201,667.00 )   Road Sharing     (22,000.00 )   Cruise Costs    
(123,600.00 )   Ball Janik LLC     (85,385.02 )   Other     (6,506.00 )    

--------------------------------------------------------------------------------

      Total Expenses     (1,196,451.02 )
Net Proceeds
 
$
121,217,516.98
     

--------------------------------------------------------------------------------

  Total Principal Payments           Facility A   $ 54,734,355.89     Facility B
    10,000,000.00     Senior Notes     53,148,458.59      

--------------------------------------------------------------------------------

 

D-3

--------------------------------------------------------------------------------

Noteholders and Banks Fees and Expenses Paid from Net Proceeds

Fees and Expenses (Unpaid and Accrued through March 31, 2002)       Noteholders
        Amendment Fee   $ 2,000,000.00   Debevoise & Plimpton     306,155.44  
Nightingale & Associates     152,473.86   National Resources Management    
1,670.60    

--------------------------------------------------------------------------------

      2,460,299.90 Banks         Amendment Fee     461,000.00   Agent Fee    
150,000.00   Moore & Van Allen     180,222.60   Ernst & Young CF     83,180.00  
 

--------------------------------------------------------------------------------

      874,402.60    

--------------------------------------------------------------------------------

Total Fees and Expenses Paid from Net Proceeds   $ 3,334,703,702.50    

--------------------------------------------------------------------------------

Total Retained by Company       Noteholders (Retainers paid)         Debevoise &
Plimpton   $ 100,000.00   Nightingale & Associates     150,000.00 Banks (Fees
paid post March 31, 2002)         Moore & Van Allen     180,222.60    

--------------------------------------------------------------------------------

    Total Retained by Company   $ 430,222.60    

--------------------------------------------------------------------------------

Net Fees and Expenses Paid to Respective Parties       Noteholders        
Amendment Fee   $ 2,000,000.00   Debevoise & Plimpton     206,155.44  
Nightingale & Associates     2,473.86   National Resources Management    
1,670.60    

--------------------------------------------------------------------------------

    Total     2,210,299.90 Banks         Amendment Fee     461,000.00   Agent
Fee     150,000.00   Moore & Van Allen     0.00   Ernst & Young CF     83,180.00
   

--------------------------------------------------------------------------------

    Total     694,180.00    

--------------------------------------------------------------------------------

Net Fees and Expenses Paid from Net Proceeds   $ 2,904,479.90    

--------------------------------------------------------------------------------

D-4

--------------------------------------------------------------------------------

Noteholders and Banks Fees and Expenses Paid from Cash at Closing

Fees and Expenses (Unpaid and Accrued after March 31, 2002 to Closing)      
Noteholders         Accrued and unpaid interest on principal paydown (assumes
principal paid April 19)   $ 1,580,022.13   Debevoise & Plimpton (accrued and
unpaid fees from April 1 to April 19)     340,077.93   Nightingale & Associates
(accrued and unpaid fees from April 1 to April 19)     24,040.08    

--------------------------------------------------------------------------------

    Total   $ 1,944,140.14
Banks
 
 
    Moore & Van Allen     150,000.00   Ernst & Young CF (Retainer)    
100,000.00   Ernst & Young CF (accrued and unpaid fees from April 1 to April 19)
    86,146.00    

--------------------------------------------------------------------------------

    Total     336,146.00    

--------------------------------------------------------------------------------

Collateral Agent     50,000.00 Total Fees and Expenses Paid in Cash at Closing  
$ 2,330,286.14    

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D-5

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CROWN PACIFIC PARTNERS LP

AGGREGATE DEBT PAYDOWN ANALYSIS FOR
INLAND TREE FARM SOUTH SALE
(actual $'s)

 
   
  Inland South Proceeds

--------------------------------------------------------------------------------

  Gross Proceeds       $ 133,815,585.00  
Inland Costs
 
 
 
 
 
  Holdbacks               Adjustment Escrow         (10,000,000.00 )   Harvest
Volume Adjustment         (1,401,617.00 )        

--------------------------------------------------------------------------------

      Total Holdbacks         (11,401,617.00 ) Expenses               Taxes    
    (563,342.00 )   Escrow Fee         (3,000.00 )   Title Insurance (Chicago)  
      (72,832.00 )   Title Insurance (Land America)         (118,119.00 )  
Logging Contract         (201,667.00 )   Road Sharing         (22,000.00 )  
Cruise Costs         (123,600.00 )   Ball Janik LLC         (85,385.02 )   Other
        (6,506.00 )        

--------------------------------------------------------------------------------

      Total Expenses         (1,196,451.02 )        

--------------------------------------------------------------------------------

  Net Proceeds         121,217,516.98     Less: Facility B Paydown        
(10,000,000.00 )        

--------------------------------------------------------------------------------

  Net Proceeds after Facility B Paydown       $ 111,217,516.98          

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

  Net Proceeeds Split   Percentage      

--------------------------------------------------------------------------------

          Noteholders   50.0 % $ 55,608,758.49     Banks (Facility A)   50.0 %  
55,608,758.49          

--------------------------------------------------------------------------------

      Subtotal Net Proceeds         111,217,516.98  

D-6

--------------------------------------------------------------------------------

Proceeds to Noteholders               Pro Rata Share         55,608,758.49    
Less: Holders Fees & Holders Advisors Fees (Accrued and Unpaid through 3/31/02)
 
 
 
 
 
      Holders Fee         (2,000,000.00 )     Debevoise & Plimpton        
(306,155.144 )     Nightingale         (152,473.86 )     National Resources
Management         (1,670.60 )        

--------------------------------------------------------------------------------

        Total Unpaid Fees & Expenses         (2,460,299.90 )        

--------------------------------------------------------------------------------

          Proceeds Applied to Principal Repayments       $ 53,148,458.59        
 

--------------------------------------------------------------------------------

  Proceeds to Banks               Pro Rata Share       $ 55,608,758.49    
Less: Banks Fees & Banks Advisors Fees (Accrued and Unpaid through 3/31/02)
 
 
 
 
 
      Bank Fees(1)         (611,000.00 )     Moore & Van Allen        
(180,222.60 )     Ernst & Young CF         (83,180.00 )        

--------------------------------------------------------------------------------

        Total Unpaid Fees & Expenses         (874,402.60 )        

--------------------------------------------------------------------------------

          Proceeds Applied to Principal Repayments       $ 54,734,355.89        
 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

(1)Bank Fees Include $150,000 payable to agent (Bank of America) and $461,000 of
Amendment Fees

D-7

--------------------------------------------------------------------------------

CROWN PACIFIC PARTNERS LP
BANKS AND SENIOR NOTE PAYDOWN DETAIL FOR INLAND SOUTH TREE FARM SALE
ASSUMES THAT PROCEEDS ARE DISTRIBUTED APRIL 19, 2002
(in actual $'s)

Note No.

--------------------------------------------------------------------------------

  Name

--------------------------------------------------------------------------------

  Principal Amount
Outstanding

--------------------------------------------------------------------------------

  Pro Rata %

--------------------------------------------------------------------------------

  Principal
Paydown from
Inland South

--------------------------------------------------------------------------------

  Principal
Outstanding
After Inland
South Paydown

--------------------------------------------------------------------------------

  Accrued Interest
Payment from
Cash

--------------------------------------------------------------------------------

  Amendment Fee
Payment From
Inland South

--------------------------------------------------------------------------------

  Total Payments

--------------------------------------------------------------------------------

Acquisition Facility (Facility A) due 2005                                      
    Bank of America (Agent for Banks)   $ 199,300,000.00       $ 54,734,355.89  
$ 144,565,644.11   —   $ 611,000.00   $ 55,345,355.89
9.78% Senior Notes due 2002-2009
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    1, 2   John Hancock Mutual Life Ins     67,000,000.00   24.4 %  
7,327,050.88     59,672,949.12   274,691.14     275,720.16     7,877,462.18   4
  Mellon Bank Tree for NYNHY     4,000,000.00   1.5 %   437,435.87    
3,562,564.13   16,399.47     16,460.91     470,296.25   6   Bankers United Life
Assur Co     7,000,000.00   2.5 %   765,512.78     6,234,487.22   28,699.07    
28,806.58     823,018.44   7   PFL Life Insurance Co     5,000,000.00   1.8 %  
546,794.84     4,453,205.16   20,499.34     20,576.13     587,870.31   9   Life
Investors Ins Co of America     3,000,000.00   1.1 %   328,076.90    
2,671,923.10   12,299.60     12,345.68     352,722.19   10   AUSA Life Insurance
Co     3,000,000.00   1.1 %   328,076.90     2,671,923.10   12,299.60    
12,345.68     352,722.19   11   Monumental Life Insurance Co     3,000,000.00  
1.1 %   328,076.90     2,671,923.10   12,299.60     12,345.68     352,722.19  
12   Great Northern Insured Annuity     25,000,000.00   9.1 %   2,733,974.21    
22,266,025.79   102,496.69     102,880.66     2,939,351.56   13 & 36   Mass
Mutual Life Insurance Co     15,500,000.00   5.6 %   1,695,064.01    
13,804,935.99   63,547.95     63,786.01     1,822,397.97   14 & 37   Mass Mutual
Life Insurance Co     9,500,000.00   3.5 %   1,038,910.20     8,461,089.80  
38,948.74     39,094.65     1,116,953.59   15   Teachers Ins & Annuity Assoc    
20,000,000.00   7.3 %   2,187,179.37     17,812,820.63   81,997.35     82,304.53
    2,351,481.25   17   Allstate Life Insurance Co     1,000,000.00   0.4 %  
109,358.97     890,641.03   4,099.87     4,115.23     117,574.06   18   Allstate
Life Insurance Co     4,000,000.00   1.5 %   437,435.87     3,562,564.13  
16,399.47     16,460.91     470,296.25   19   Allstate Life Insurance Co    
10,000,000.00   3.6 %   1,093,589.68     8,906,410.32   40,998.68     41,152.26
    1,175,740.62   21   The Ohio Nat'l Life Insurance Co     10,000,000.00   3.6
%   1,093,589.68     8,906,410.32   40,998.68     41,152.26     1,175,740.62  
23   The Union Central Life Ins Co     5,000,000.00   1.8 %   546,794.84    
4,453,205.16   20,499.34     20,576.13     587,870.31   55   Strafe & Co.    
1,000,000.00   0.4 %   109,358.97     890,641.03   4,099.87     4,115.23    
117,574.06   54   Metropolitan Life     6,000,000.00   2.2 %   656,153.81    
5,343,846.19   24,599.21     24,691.36     705,444.37   44   Conseco Capital
Management     3,000,000.00   1.1 %   328,076.90     2,671,923.10   12,299.60  
  12,345.68     352,722.19   46   Western National Life Ins Co     30,000,000.00
  10.9 %   3,280,769.05     26,719,230.95   122,996.03     123,456.79    
3,527,221.87   47   Teachers Ins & Annuity Assoc     7,000,000.00   2.5 %  
765,512.78     6,234,487.22   28,699.07     28,806.58     823,018.44   48  
Equitable Life Insurance Co     18,000,000.00   6.5 %   1,968,461.43    
16,031,538.57   73,797.62     74,074.07     2,116,333.12   50   AUSA Life
Insurance Co     4,000,000.00   1.5 %   437,435.87     3,562,564.13   16,399.47
    16,460.91     470,296.25   51   Mellon Bank Tree for AT&T     1,275,000.00  
0.5 %   139,432.68     1,135,567.32   5,227.33     5,246.91     149,906.93   52
  Mellon Bank Tree for BOOTH     2,725,000.00   1.0 %   298,003.19    
2,426,996.81   11,172.14     11,213.99     320,389.32   53   Hare & Co    
10,000,000.00   3.6 %   1,093,589.68     8,906,410.32   40,998.68     41,152.26
    1,175,740.62        

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    Total     275,000,000.00   100.0 %   30,073,716.28     244,926,283.72  
1,127,463.62     1,131,687.24     32,332,867.15                                
          —
9.60% Senior Notes due 2002-2009
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    1   Teachers Ins & Annuity Assoc     20,000,000.00   80.0 %   2,187,179.37  
  17,812,820.63   80,488.20     82,304.53     2,349,972.09   3   Provident Life
& Accident Ins Co     5,000,000.00   20.0 %   546,794.84     4,453,205.16  
20,122.05     20,576.13     587,493.02        

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          25,000,000.00   100.0 %   2,733,974.21     22,266,025.79   100,610.25
    102,880.66     2,937,465.12
7.80% Senior Notes due 2010-2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series A                                         1-A   John Hancock Mutual
Life Ins     6,000,000.00   40.0 %   656,153.81     5,343,846.19   11,032.13    
24,691.36     691,877.30   2-A   Teachers Ins & Annuity Assoc     9,000,000.00  
60.0 %   984,230.71     8,015,769.29   16,548.20     37,037.04     1,037,815.95
       

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--------------------------------------------------------------------------------

 

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--------------------------------------------------------------------------------

          15,000,000.00   100.0 %   1,640,384.52     13,359,615.48   27,580.33  
  61,728.40     1,729,693.25

D-8

--------------------------------------------------------------------------------

7.80% Senior Notes due 2010-2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series B                                           1-B   John Hancock Mutual
Life Ins     6,000,000.00   10.9 %   656,153.81     5,343,846.19     11,032.13  
  24,691.36     691,877.30   2-B   Connecticut Life     3,200,000.00   5.8 %  
349,948.70     2,850,051.30     5,883.80     13,168.72     369,001.23   3-B  
Connecticut Life     3,000,000.00   5.5 %   328,076.90     2,671,923.10    
5,516.07     12,345.68     345,938.65   4-B   Connecticut Life     6,000,000.00
  10.9 %   656,153.81     5,343,846.19     11,032.13     24,691.36    
691,877.30   5-B   Connecticut Life     4,212,000.00   7.7 %   460,619.97    
3,751,380.03     7,744.56     17,333.33     485,697.86   6-B   Connecticut Life
    3,588,000.00   6.5 %   392,379.98     3,195,620.02     6,597.22    
14,765.43     413,742.63   7-B   General Electric Capital     15,000,000.00  
27.3 %   1,640,384.52     13,359,615.48     27,580.33     61,728.40    
1,729,693.25   8-B   Minnesota Life     8,000,000.00   14.5 %   874,871.75    
7,125,128.25     14,709.51     32,921.81     922,503.07   9-B   Mutual Life    
1,000,000.00   1.8 %   109,358.97     890,641.03     1,838.69     4,115.23    
115,312.88   10-B   Ohio Life     5,000,000.00   9.1 %   546,794.84    
4,453,205.16     9,193.44     20,576.13     576,564.42        

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

          55,000,000.00   100.0 %   6,014,743.26     48,985,256.74    
101,127.88     226,337.45     6,342,208.59
7.80% Senior Notes due 2010-2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series C                                           1-C   John Hancock Mutual
Life Ins     12,000,000.00   48.0 %   1,312,307.62     10,687,692.38    
22,547.63     49,382.72     1,384,237.97   1-C3   Investors Bank & Trust Co    
3,000,000.00   12.0 %   328,076.90     2,671,923.10     5,636.91     12,345.68  
  346,059.49   2-C   Provident Life & Accident Ins Co     10,000,000.00   40.0 %
  1,093,589.68     8,906,410.32     18,789.69     41,152.26     1,153,531.64    
   

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--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

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          25,000,000.00   100.0 %   2,733,974.21     22,266,025.79     46,974.23
    102,880.66     2,883,829.10
8.17% Senior Notes due 2003-2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series A                                         R-A-2   The Equitable Life  
  6,490,000.00   100.0 %   709,739.70     5,780,260.30     12,317.53    
26,707.82     748,765.06        

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--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

          6,490,000.00   100.0 %   709,739.70     5,780,260.30     12,317.53    
26,707.82     748,765.06
8.17% Senior Notes due 2003-2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series B                                           R-B-1   John Hancock Mutual
Life Ins     14,500,000.00   29.0 %   1,585,705.04     12,914,294.96    
28,035.27     59,670.78     1,673,411.09   R-B-2   John Hancock Mutual Life Ins
    7,500,000.00   15.0 %   820,192.26     6,679,807.74     14,501.00    
30,864.20     865,557.46   R-B-4   Teachers Ins & Annuity Assoc    
25,000,000.00   50.0 %   2,733,974.21     22,266,025.79     48,336.66    
102,880.66     2,885,191.53   R-B-5   John Hancock Mutual Life Ins    
3,000,000.00   6.0 %   328,076.90     2,671,923.10     5,800.40     12,345.68  
  346,222.98        

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--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

          50,000,000.00   100.0 %   5,467,948.41     44,532,051.59     96,673.33
    205,761.32     5,770,383.06
8.17% Senior Notes due 2003-2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series C                                           R-C-1   Teachers Ins &
Annuity Assoc     4,000,000.00   20.5 %   437,435.87     3,562,564.13    
7,781.26     16,460.91     461,678.03   R-C-2   Allstate Life Insurance Co    
8,910,000.00   45.7 %   974,388.41     7,935,611.59     17,332.75     36,666.67
    1,028,387.82   R-C-3   Allstate Life Insurance Co     2,200,000.00   11.3 %
  240,589.73     1,959,410.27     4,279.69     9,053.50     253,922.92   R-C-4  
Allstate Life Insurance Co     4,400,000.00   22.6 %   481,179.46    
3,918,820.54     8,559.38     18,107.00     507,845.84        

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

          19,510,000.00   100.0 %   2,133,593.47     17,376,406.53     37,953.07
    80,288.07     2,251,834.61
8.17% Senior Notes due 2003-2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Series D                                           R-D-2   Provident Life &
Accident Ins Co     15,000,000.00   100.0 %   1,640,384.52     13,359,615.48    
29,321.87     61,728.40     1,731,434.79        

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

 

--------------------------------------------------------------------------------

          15,000,000.00   100.0 %   1,640,384.52     13,359,615.48     29,321.87
    61,728.40     1,731,434.79
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Total Senior Notes   $ 486,000,000.00   100.0 % $ 53,148,458.59   $
432,851,541.41   $ 1,580,022.13   $ 2,000,000.00   $ 56,728,480.72

D-9

--------------------------------------------------------------------------------

Exhibit E to
Note Purchase
Override Agreement

ALLONGE
to
      % Senior Note, Series            , due            ,           
of
Crown Pacific Limited Partnership

        April             , 2002

        The            % Senior Note, Series            ,
due                        ,             of Crown Pacific Limited Partnership
(the "Company"), Note number            , issued in the original principal
amount of $                        (the "Existing Note"), to which this Allonge
is attached, is hereby modified by the terms hereof.

        Such Existing Note is one of a series of Senior Notes (herein called the
"Senior Notes," the holders of such Senior Notes, the "Noteholders") issued
pursuant to the Note Purchase Agreement, dated as
of                        ,            between the Company and the original
purchasers named therein, as modified and amended prior to April 19, 2002 (the
"Existing Note Agreement"), and as further modified and amended by the Note
Purchase Override Agreement (the "Note Override Agreement"), dated as of
April 19, 2002, by and among the Company and the Noteholders named therein (as
so further modified and amended, and as the same may from time to time be
further modified or amended, the "Note Purchase Agreement").

        All references in the Existing Note to the "Note Purchase Agreement"
shall be deemed and construed to be references to the Note Purchase Agreement as
defined herein. Capitalized terms used herein without definition shall have the
respective meanings ascribed thereto in the Note Purchase Agreement as modified
by the Note Override Agreement.

        Notwithstanding anything to the contrary in the Existing Note, this Note
shall bear interest at a rate (including, without limitation, for purposes of
calculating the Overdue Rate) that is 100 basis points higher than the rate
specified in the Existing Note, which interest shall be payable as provided in
the Existing Note and the Existing Note Agreement as amended by the Note
Override Agreement.

        Except as expressly provided herein, this Note is not modified or
amended in any respect and remains in full force and effect.

 
 
CROWN PACIFIC LIMITED
PARTNERSHIP
 
 
By:
 
CROWN PACIFIC MANAGEMENT
LIMITED PARTNERSHIP,
its General Partner
 
 
 
 
By:
 
HS Corp. of Oregon,
its General Partner
 
 
 
 
 
 
By:
 
                 

--------------------------------------------------------------------------------

Name:
Title:

E-1

--------------------------------------------------------------------------------

QuickLinks

EXHIBIT 10.4

NOTE PURCHASE OVERRIDE AGREEMENT
RECITALS
ARTICLE I DEFINITIONS
ARTICLE II PAYMENTS DURING RESTRUCTURING PERIOD
ARTICLE III CONDITIONS TO EFFECTIVENESS
ARTICLE IV REPRESENTATIONS AND WARRANTIES
ARTICLE V OTHER MODIFIED PROVISIONS
ARTICLE VI MISCELLANEOUS

Schedule 1 to Note Purchase Override Agreement

Exhibit C to Note Purchase Override Agreement

CROWN PACIFIC LIMITED PARTNERSHIP CLOSING CERTIFICATE

Schedule I to Closing Certificate of Crown Pacific Limited Partnership

Holders of Senior Notes of Crown Pacific Limited Partnership

Annex A to Closing Certificate of Crown Pacific Limited Parnership

Annex B to Closing Certificate of Crown Pacific Limited Parnership

CROWN PACIFIC MANAGEMENT LIMITED PARTNERSHIP CLOSING CERTIFICATE

Schedule I to Closing Certificate of Crown Pacific Management Limited
Partnership

Holders of Senior Notes of Crown Pacific Limited Partnership

Annex A to Closing Certificate of Crown Pacific Management Limited Partnership

Annex D to Closing Certificate of Crown Pacific Limited Partnership

SCHEDULE OF FUNDED DEBT, CURRENT DEBT AND CAPITALIZED LEASES (1)

Annex E to Closing Certificate of Crown Pacific Limited Partnership

Annex F to Closing Certificate of Crown Pacific Limited Partnership

ENVIRONMENTAL REPORTS

Exhibit D to Note Purchase Override Agreement

CROWN PACIFIC LIMITED PARTNERSHIP Officer's Certificate April 19, 2002

Schedule A to Officer's Certificate of Crown Pacific Limited Partnership

CROWN PACIFIC PARTNERS LP DISTRIBUTION OF INLAND SOUTH TREE FARM SALE PROCEEDS
(actual $'s)
CROWN PACIFIC PARTNERS LP AGGREGATE DEBT PAYDOWN ANALYSIS FOR INLAND TREE FARM
SOUTH SALE (actual $'s)

Exhibit E to Note Purchase Override Agreement

ALLONGE to % Senior Note, Series , due , of Crown Pacific Limited Partnership