Exhibit 10

PAPER PURCHASE AGREEMENT

 

1. Parties:

 

  1.1 Boise: Boise White Paper, L.L.C., a Delaware limited liability company
(“Boise”).

 

  1.2 OfficeMax: OfficeMax Incorporated and all of its current and future
affiliates and majority and wholly-owned subsidiaries (collectively,
“OfficeMax”).

 

2. Purchase and Sale Agreement:

 

  2.1 OfficeMax agrees to purchase office papers from Boise and Boise agrees to
supply office papers to OfficeMax, subject to the terms and conditions set forth
herein. References to OfficeMax’s purchase volume shall only include
requirements for its operations in the U.S., Canada, and Puerto Rico. OfficeMax
has the ability to add or delete any brand or item to their volume assortment
and to market to all channels and media as determined in their sole discretion,
subject to the terms and conditions set forth herein.

 

3. Products – Commodity Papers

 

  3.1 “Commodity Papers” shall include all products listed on Exhibit B (under
the heading “Commodity Papers.” Boise shall update Exhibit B periodically to
reflect the products sold by Boise to OfficeMax.

 

  3.2 Pricing and terms for Commodity Papers are set forth on Exhibits A and B.

 

  3.3 In both 2011 and 2012, OfficeMax will purchase from Boise no less than the
share of Commodity Papers and Non-Commodity Papers (defined below) that
OfficeMax purchased from Boise in 2010. For purposes of the Agreement, “share”
shall mean the percentage derived by dividing the tons of paper supplied by
Boise and sold by OfficeMax to its customers as compared to the total tons of
paper (defined as cut sheet paper including copy, multipurpose, laser, inkjet,
recycled and colors) sold by OfficeMax as sourced from all paper suppliers.

 

  3.4 From January 1, 2013 until such time as this Agreement is terminated
(excluding any Phase-Down period), OfficeMax will purchase from Boise at least
an 80% share of its Commodity Paper purchases, subject to the provisions below.

 

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  3.5 Beginning in 2012 (for calendar years 2013 and beyond), OfficeMax may
obtain quotes from other paper producers to supply ***** volume (in tons) of
office papers equivalent to ***** then being purchased by OfficeMax from Boise.
If OfficeMax receives a bona fide bid that is at least ***** better than the net
price (including all terms and promotional funding) OfficeMax is currently
paying Boise for papers of comparable quality and quantity, it may purchase such
papers from the other producer, if the following conditions are met: *****

If Boise chooses not to meet the bid pricing, the relationship will enter
Phase-Down (as described in Section 5) ***** beginning January 1 of the
following year, unless the parties mutually agree in writing to continue the
purchase/supply relationship for all or part of the subject volume.

*****

 

  3.6 Within the 90 days after Boise has announced a price increase, unless
Boise otherwise agrees, OfficeMax shall not purchase more than ***** of the
average monthly volume purchased for Commodity Papers during the prior three
months. To the extent Boise accepts orders for greater than the *****
limitation, Boise may charge OfficeMax the post-increase price for the
incremental volume.

 

4. Products – Non-Commodity Papers

 

  4.1 “Non-Commodity Papers” shall include all paper products listed on Exhibit
B, other than those defined as “Commodity Papers” above. Pricing and terms for
Non-Commodity Papers are set forth on Exhibit A and B.

 

  4.2 For the term of this Agreement (including any Phase-Down) OfficeMax will
continue to buy its full requirements of Non-Commodity Papers from Boise,
subject to the terms and pricing parameters set forth herein, and except as
provided below. Notwithstanding the foregoing, OfficeMax shall be permitted to
purchase Non-Commodity Papers produced by other paper manufacturers provided,
however, that if Boise produces a competing Non-Commodity Paper, OfficeMax shall
purchase the paper from Boise unless a customer specifies the other competing
brand; it being understood that OfficeMax will encourage and promote the sale of
Boise’s products.

 

  4.2.1 In addition, the restrictions set forth in this Section 4.2 shall not
apply to OfficeMax’s current and future assortment of Non-Commodity Papers sold
in its retail business (including Reliable and officemax.com) and new channel
(store within a store) business. If OfficeMax offers a Non-Commodity

 

 

Omitted material is indicated by *****, pursuant to a Confidential Treatment
Request. Omitted material has been filed separately with the Securities and
Exchange Commission.

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  Paper produced by another paper manufacturer on its e-commerce site(s), it
agrees to offer the equivalent Boise-branded Non-Commodity Paper on the site(s)
as well.

 

  4.2.2 Notwithstanding anything above, nothing in this Section 4.2 shall permit
OfficeMax to include any Non-Commodity Paper manufactured from a paper
manufacturer other than Boise in the contract catalog, without Boise’s express
written permission.

 

  4.3 For contract catalog, OfficeMax may purchase branded paper products of
non-paper producers that can be produced by Boise (“OEM Products”, such as HP).
so long as the purchases of OEM paper shall not exceed 110% of the volume
purchased in the prior year by brand.

 

  4.3.1 OfficeMax shall use its best efforts to cause the sellers of OEM
Products to use paper produced by Boise when Boise can produce such paper and
wishes to make such paper for the OEM. OfficeMax shall obtain a copy of the
quotes of the other paper producers for such OEM products and shall share a copy
with Boise. Boise shall have the opportunity to meet the price of the other
producer and if Boise chooses to do so, OfficeMax shall cause the OEM to use
Boise’s paper. OfficeMax and Boise shall closely cooperate with respect to such
opportunities but OfficeMax shall not be required to pay more for the OEM
product with Boise produced paper.

 

5. Term of Agreement:

 

  5.1 Initial Term – July 1, 2011 to December 31, 2017.

 

  5.2 Renewal Term – This Agreement shall renew automatically for additional
one-year terms subject to a notice of termination pursuant to Section 5.3 of
this Agreement.

 

  5.3 Termination – To terminate this agreement, a party must deliver a written
notice of termination prior to July 1 in the last year of the then current term
and such termination shall be effective on the last day of such Initial Term or
any renewal term. Notwithstanding the effective date of termination, OfficeMax
will continue to purchase and Boise will continue to supply product during the
Phase-Down period as set forth in Section 5.5 below. The Phase-Down will begin
on January 1 following the effective date of termination.

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  5.4 Phase-Down (2013) – If Phase-Down is triggered under Section 3.5 on
January 1, 2013, OfficeMax may reduce its volume of Commodity Papers and
Non-Commodity Papers over a four year period, as follows:

 

  5.4.1 In 2013, OfficeMax will continue to purchase a minimum of 80% of the
total tons of Boise supplied Commodity Papers and Non-Commodity Papers sold by
OfficeMax in 2012;

 

  5.4.2 In 2014, OfficeMax will continue to purchase a minimum of 60% of the
total tons of Boise supplied Commodity Papers and Non-Commodity Papers sold by
OfficeMax in 2012;

 

  5.4.3 In 2015, OfficeMax will continue to purchase a minimum of 40% of the
total tons of Boise supplied Commodity Papers and Non-Commodity Papers sold by
OfficeMax in 2012; and

 

  5.4.4 In 2016, OfficeMax will continue to purchase a minimum of 20% of the
total tons of Boise supplied Commodity Papers sold by OfficeMax in 2012.

 

  5.5 Phase-Down (2014 and beyond) – If Phase-Down is triggered under
Section 3.5 on January 1, 2014 or thereafter, OfficeMax may reduce its volume of
Commodity Papers and Non-Commodity Papers over a two year period, as follows:

 

  5.5.1 In the first 90 days after Phase-Down begins, OfficeMax will purchase on
a prorated basis at least 90% of the total tons Boise supplied papers sold by
OfficeMax in the year preceding Phase-Down;

 

  5.5.2 In the first year of Phase-Down (calculated to include the 90 day period
referenced above), OfficeMax will continue to purchase 66% of the total unit
volume of Boise supplied paper sold by OfficeMax in the year preceding
Phase-Down; and

 

  5.5.3 In the second year of Phase-Down, OfficeMax will continue to purchase
33% of the total unit volume of Boise supplied paper sold by OfficeMax in the
year preceding Phase-Down.

 

6. Other Terms:

 

  6.1. OfficeMax shall not be placed on allocation unless and until the
effective date of termination pursuant to Section 5.3 hereof in which event such
allocation shall be on a ratable basis with Boise’s other customers. If
OfficeMax orders more paper than Boise can produce, Boise shall either purchase
paper for resale to OfficeMax at the then current prices (including Boise’s
charge for its actual cost in handling such paper) or allow OfficeMax to obtain
an alternate source of supply for the requirements in excess of Boise’s
capacity.

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  6.2 General terms and conditions are attached as Exhibit C.

 

  6.3 The parties shall keep the pricing terms of this agreement strictly
confidential. Pricing for products shall not be disclosed within the parties’
respective organizations except on a strict need-to-know basis and in no case
shall any sales representatives of any party be told of the pricing under this
Agreement.

 

7. Agreement:

 

  7.1 This Agreement will supersede all prior agreements between Boise and
OfficeMax, including, but not limited to the following:

 

  7.1.1 Paper Sales Agreement effective October 29, 2004, between Boise and
OfficeMax; and

 

  7.1.2 Any domestic Vendor Profile between Boise and OfficeMax.

This Agreement has been agreed upon and executed by the parties as of June 25,
2011.

 

OFFICEMAX INCORPORATED      BOISE WHITE PAPER, L.L.C. By:  

/s/ Ryan T. Vero

     By:  

/s/ Robert A. Warren

Name:   Ryan T. Vero      Name:   Robert A. Warren Title:   EVP/CMO      Title:
  EVP & Chief Operating Officer

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EXHIBIT A

PRODUCTS LIST AND PRODUCT PRICING

Commodity Papers Pricing: Net pricing for each product identified on Exhibit B
as a “Commodity Paper” shall be as set forth in this exhibit. *****

 

2. Non-Commodity Papers Pricing: Net pricing for each product identified herein
as a “Non-Commodity Papers” shall be priced as follows:

2.1 Pricing for products on Exhibit B *****, shall be determined using the
pricing rule for Commodity Papers, described above.

 

  2.2 Pricing for products identified on Exhibit B with the designation of
“Boise Brand” in the pricing rule column shall be determined by the price at
which Boise sells products of like kind, quality, and quantity to other
unrelated purchasers and OfficeMax’ price for such products shall be the lowest
net price at which Boise sells to similar third party purchasers.

 

  2.3 For products produced by Boise solely for OfficeMax and identified on
Exhibit B with the designation “OMX Brand,” Boise and OfficeMax shall negotiate
a price. If the parties can’t agree on a price, OfficeMax may solicit prices for
comparable products and quantities from other producers provided that Boise
shall have the right to meet any such prices.

 

  2.4 Several of the products in Exhibit B are purchased from other producers
and the name of the current producer is noted in the “producer” column. Such
products shall be sold to OfficeMax at the prices noted in the pricing rule
column, as may be adjusted from time to time Boise will provide at least thirty
(30) days prior written notice of any adjustments.

 

3. Promotional Pricing

 

  3.1 Boise will pay OfficeMax the following amounts for mutually agreed upon
promotional opportunities: *****

 

4. Miscellaneous Pricing Terms:

 

  4.1 Prices for Grand & Toy products shall be determined by converting the
prices set forth in this exhibit to Canadian dollars using the exchange rate set
forth in the Wall Street Journal on the last business day of the previous month.
Payments shall be made in Canadian currency.

 

  4.2 All products shall be priced and invoiced at time of shipment, F.O.B.
Boise’s dock (Mill, RSC, or Warehouse), freight prepaid and allowed.

 

 

Omitted material is indicated by *****, pursuant to a Confidential Treatment
Request. Omitted material has been filed separately with the Securities and
Exchange Commission.

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Boise shall be responsible for product quality or transit damage that may be
incurred during shipment from the mill to an OfficeMax facility. OfficeMax shall
be responsible for any damages incurred after the shipment has been delivered.

 

  4.3 Terms are ***** from date of invoice. Payments shall be made via
electronic funds transfers. OfficeMax shall be entitled to a ***** prompt pay
discount for payments made within ***** days. The prompt pay discount will be
based on *****.

 

  4.4 All discounts under this agreement shall be calculated on the fifth day of
each month based on share purchased within the preceding month. At the end of
each year, the parties will true-up any discounts based on annual volumes
purchased.

 

  4.5 To preserve the confidentiality of the pricing hereunder, *****.

 

  4.6 In lieu of any other “Return to Vendor” program instituted at OfficeMax,
Boise will pay OfficeMax *****.

 

  4.7 Boise and OfficeMax may agree on a different price for truckload drop
shipments. Truckload drop shipments are defined as customers who commit to
purchasing at least *****. In all other cases, Boise and OfficeMax will agree on
pricing for drop shipments.

 

  4.8 For purposes of the Agreement, Boise may implement a fuel surcharge *****.

 

  4.9 All pricing to OfficeMax takes into account all of the commercial customs
and practices (including mode of shipping and freight) in effect prior to the
effective date of this Agreement. It is the intent of the parties that they will
continue to work under the same commercial customs and practices currently in
place on the date of this Agreement, unless specifically addressed herein.

 

 

Omitted material is indicated by *****, pursuant to a Confidential Treatment
Request. Omitted material has been filed separately with the Securities and
Exchange Commission.

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Exhibit B (Price List)

This Exhibit has been redacted pursuant to a Confidential Treatment Request.
Omitted material has been filed separately with the Securities and Exchange
Commission.

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EXHIBIT C

GENERAL TERMS AND CONDITIONS

These General Terms and Conditions were prepared for incorporation into the
Paper Purchase Agreement to which this Exhibit C is appended (the “Agreement”).
They are intended to apply as if fully set forth in the Agreement; provided that
if anything in this Exhibit C is inconsistent with the express terms of the
Agreement, the terms of the Agreement shall control.

1. Safety and Security Requirements. Whenever the provision of goods or services
under the Agreement requires a party to be on the property of the other party,
each party shall observe all reasonable security and safety procedures or
requirements imposed by the other party on third parties providing like goods or
services.

2. Standards of Performance.

2.1 In Respect of Goods. The quality of all goods supplied by Boise to OfficeMax
shall be at least commercially equal to the quality of that grade of goods that
Boise is selling to others.

2.2 In Respect of Services. All services supplied by either party to the other
shall be performed in accordance with the same standard of care that the
supplying party observes in providing similar services to other customers.

2.3 Disclaimer of Implied Warranties. EACH PARTY DISCLAIMS ALL WARRANTIES IN
RESPECT OF GOODS OR SERVICES SUPPLIED BY IT UNDER THIS AGREEMENT THAT ARE
IMPLIED BY LAW OR BY THE TERMS OF THE AGREEMENT, EXCEPT FOR THE WARRANTIES SET
FORTH IN SECTION 2.1. THIS DISCLAIMER SHALL NOT BE CONSTRUED TO NEGATE OR LIMIT
ANY WARRANTY OF TITLE OR RIGHT TO SELL IMPLIED BY LAW OR CUSTOM OF TRADE AND
EACH PARTY EXPRESSLY WARRANTS, IN RESPECT OF ALL GOODS TO BE SOLD, THAT IT WILL
HAVE AND WILL CONVEY TO OFFICEMAX GOOD AND MERCHANTABLE TITLE TO SUCH GOODS AND
THAT IT WILL WARRANT AND DEFEND SUCH TITLE AGAINST THE CLAIMS OF ALL PERSONS
WHATSOEVER.

2.4 Limitation of Liability. Neither party shall be liable for any incidental,
indirect, special, collateral, consequential, exemplary, or punitive damages, or
lost profits arising from a breach of warranty or any other part of this
Agreement. In respect of services, the remedy for failure to meet the standards
of service shall be that the party providing the service shall be required to
reperform the service without charge. In respect of goods, without limiting the
provisions of the first sentence of this Section

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2.4, the remedy for failure of the goods to conform to the quality
specifications set forth in the Agreement shall be as provided in the Uniform
Commercial Code as in force from time to time in the state of Delaware and as
specifically set forth in the Agreement.

3. Dispute Resolution. The Dispute Resolution Process set forth in Section 5
shall apply to all disputes which may arise between the parties or their
respective subsidiaries or affiliates with regard to course-of-performance
disputes arising in the ordinary course of business. Such disputes are referred
to as “Covered Disputes.” In case of other disputes, the parties may pursue any
and all remedies under applicable law or equity.

4. Dispute Resolution Process.

4.1 Limitation. The procedures provided for by this Agreement shall not apply to
any Covered Dispute unless and until either party shall have given written
notice to the other party invoking this Agreement. Such notice shall specify, in
reasonable detail, the dispute to which it is intended to apply. Such dispute is
referred to as the “Noticed Dispute.” The effective date of delivery of such
notice is referred to as the “Notice Date.”

4.2 Negotiation. Within 5 days after the Notice Date, each party shall
designate, in writing to the other party, the name of one of its senior
executive officers who shall be its “Designated Representative” in the dispute
resolution process. Designation by either party of its Designated Representative
shall constitute a representation by such party that its Designated
Representative has full power and authority to resolve the Noticed Dispute.
Within 15 days after the Notice Date, each party shall have delivered to the
Designated Representative of the other party a written statement of its
position. Between 30 and 45 days after the Notice Date, the Designated
Representatives shall meet, discuss, and negotiate with respect to the Noticed
Dispute for a period not to exceed 10 days.

If the parties are unable to settle the Noticed Dispute through negotiations by
the 45th day following the Notice Date, they shall mutually appoint a neutral
third-party arbitrator. If the parties are unable to agree upon the neutral
third-party arbitrator by the 50th day following the Notice Date, either party
may obtain the appointment of a neutral third-party arbitrator by the Chief
Judge of the United States District Court for the District of Delaware.

4.3 Arbitration. Within 10 days after appointment of the neutral arbitrator,
each party shall submit a written statement to the neutral arbitrator and to the
other party advocating its position, and each party may, within ten days after
receipt of the other party’s statement, submit to the neutral arbitrator and the
opposing party one rebuttal statement. Opening statements shall be no longer
than 30 pages of 8 1/2” by 11” paper, and rebuttal statements shall be limited
to 15 pages of 8 1/2” by 11” paper unless otherwise mutually agreed. Within 20
days after submission of the rebuttal statement, on a date and at a place set by
the neutral arbitrator, the Designated Representatives

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shall meet with the neutral arbitrator to negotiate and resolve the Noticed
Dispute. Each Designated Representative may make an oral presentation to the
neutral arbitrator. The Designated Representatives of both parties shall be
present for such presentations and shall be available at the same location on
the following day for arbitrator-sponsored negotiations. If the parties are
unable to reach a settlement of the Noticed Dispute, the neutral arbitrator
shall, within 20 days thereafter, deliver in writing to each party his or her
recommended settlement of the Noticed Dispute. Within ten days after receipt of
the neutral arbitrator’s recommended settlement, the parties’ Designated
Representatives shall meet at a time and place set by the neutral arbitrator and
make a final attempt to resolve the Noticed Dispute. If they are unable to do
so, the arbitrator shall make a final decision which shall be final and binding
upon the parties.

4.4 Confidentiality.

4.4.1 Each party shall treat all statements, written submissions, and other
disclosures made by the other in the course of efforts to resolve the Noticed
Dispute (collectively, “Settlement Information”) as confidential information and
shall make no disclosure of the Settlement Information to any third party (other
than its employees and officers involved in the Noticed Dispute and its counsel
and other consultants providing advice in respect of the Noticed Dispute), and
it shall require all persons to whom it is permitted to disclose such
information to make a similar nondisclosure commitment for the benefit of and
enforceable by the party providing such information. Such nondisclosure
obligation shall remain in effect for a period of five years from the date of
disclosure.

4.4.2 Prior to commencing the arbitration process, the parties shall require the
neutral arbitrator to sign a confidentiality agreement in which he or she
commits, for the benefit of and on a basis which is enforceable by each party
and its respective Affiliates, that he or she will hold the Settlement
Information confidential and not disclose it to any party other than the
parties, their respective Affiliates, counsel, and advisors and agents involved
in the Noticed Dispute, except under order of disclosure by a court of competent
jurisdiction or pursuant to a written authorization signed by the party or
parties providing the Settlement Information which is to be disclosed.

4.5 Fees and Expenses. The parties shall each cover their own costs and fees
associated with the dispute resolution process provided for in this Agreement.
The fees and expenses of the neutral arbitrator shall be divided equally by the
parties.

4.6 Scope of Obligation; Specific Performance. The parties agree to utilize the
settlement procedures outlined above in a good-faith effort to provide for a
speedy and economical means of resolving disputes. However, the parties agree
that neither party shall be in default or in breach hereof for failure to adhere
to any of the procedures outlined above except that (i) compliance with the
procedures hereof, in full, when and as required shall be a condition precedent
to the other party’s obligation to continue its participation in the negotiation
and arbitration process; and (ii) either party may obtain an order of specific
performance in respect of the other party’s obligations hereunder.

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5. Force Majeure. The term “Force Majeure” shall mean any flood, storm,
earthquake, or other act of God, fire, explosion, labor dispute, civil
disturbance, military action, shortage of labor or stores, issuance of directive
by any legal authority asserting jurisdiction over either of the parties which
directive purports to prohibit the performance of any material part of the
duties of that party, or other event beyond the control of the party claiming
Force Majeure, which event or directive prevents performance by a party or makes
performance commercially impracticable.

Each party shall promptly notify the other if there is Force Majeure. Such
notice shall describe the Force Majeure, the corrective action to be taken, if
any, and the estimated time of the Force Majeure interruption. If either party
is prevented from performing any of its obligations hereunder, in whole or in
part by reason of Force Majeure, it shall be excused from performance for so
long as and to the extent that Force Majeure shall so prevent its performance.

6. Events of Default.

6.1 Payment Defaults. If either party fails to pay any amount owed by it when
due, such sum shall earn interest from the date on which it is due at a rate
equal to ten percent per annum. Such interest shall be payable on demand. If
either party fails to pay any amount owed (including interest accruing under the
preceding sentence) within 30 days after its receipt of written demand
therefore, the other party shall have the right, in addition to any other right
provided under applicable law or this Agreement for such breach, to terminate
this Agreement, or to suspend its performance until payment of such delinquent
sum is made in full. Complaints or claims by a party under this Agreement
regarding standards of performance or quality will be subject to the dispute
resolution provisions hereunder, but in no event will excuse a party from paying
the purchase price for delivered goods in full when due.

6.2 Nonpayment Defaults. If either party commits any breach of this Agreement,
other than those described in Section 6.1 above, or if either party commits any
of the breaches described in such section on a repeated basis so as to
materially frustrate the reasonable business expectations of the other party in
respect of this Agreement, the other party may, if such breach is not cured
within 60 days after the complaining party gives notice of such breach to the
party in breach, terminate this Agreement. Such remedy shall be in addition to
any other remedy which may be available under applicable law or the terms hereof
for such breach. Notwithstanding the foregoing, if the nature of the breach
complained of is such that its cure may be reasonably expected to take more than
60 days to execute, no right to terminate shall accrue so long as the party in
breach shall have commenced its efforts to effect a cure and shall be diligently
pursuing such efforts.

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7. Confidentiality. The parties hereby covenant and agree to hold in trust and
maintain confidential all Confidential Information relating to the other party
or any of its Affiliates. For purposes of this Agreement, “Confidential
Information” shall mean all information disclosed by either party to the other
in connection with this Agreement, whether orally, visually, in writing, or in
any other tangible form, including but not limited to product pricing,
technical, economic, and business data, records, know-how, flow sheets,
drawings, business plans, computer information databases, inventions, processes,
and the like, including but not limited to, the terms of this Agreement. The
parties shall not divulge Confidential Information to third parties without the
prior written consent of the other party except:

7.1 When such information has become a matter of public knowledge without
wrongful action by the disclosing party;

7.2 When such information was in the possession of the party obligated to
maintain confidentiality prior to its receipt thereof by the other party; and

7.3 When such disclosure is required by law; provided that if either party is
involved in litigation or an administrative proceeding in which a third party is
requesting disclosure of Confidential information, it shall promptly notify the
disclosing party of such fact so as to permit the disclosing party to appear in
such proceeding to protect its interest in nondisclosure of such Confidential
Information; and

7.4 Boise may disclose this Agreement and related Confidential Information to
its financing sources provided that such sources sign an agreement agreeing to
keep the terms and conditions contained in the Agreement confidential.

8. Notices. Any notice or demand required or permitted to be given under the
terms of this Agreement shall be deemed to have been duly given or made if given
by any of the following methods:

8.1 Deposited in the United States mail, in a sealed envelope, postage prepaid,
by registered or certified mail, return receipt requested, or hand delivered,
respectively addressed as follows:

 

To Boise:   

Boise White Paper, L.L.C.

Attention President and Chief Executive Officer

1111 West Jefferson Street

PO Box 990050

Boise, Idaho 83799-0050

With a copy to:   

Boise White Paper, L.L.C.

Attention General Counsel

1111 West Jefferson Street

PO Box 990050

Boise, Idaho 83799-0050

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To OfficeMax:    OfficeMax Incorporated    Attention President and Chief
Executive Officer    263 Shuman Blvd.    Naperville, IL 60563 With a copy to:   
OfficeMax Incorporated    Attention General Counsel    263 Shuman Blvd.   
Naperville, IL 60563

8.2 Sent to the above address via an established national overnight delivery
service (such as Federal Express), charges prepaid; or

8.3 Sent via any electronic communications method, provided the sender obtains
written confirmation of receipt of the communication by the electronic
communication equipment at the office of the addressee listed above; provided
also that, if this method is used, the party shall immediately follow such
notice with a second notice in one of the methods set forth in subsections 10.1
or 10.2 above.

Notices shall be effective on the day sent if sent in accordance with
Section 8.3, on the first business day after the day sent, if sent, in
accordance with Section 8.2 and on the seventh business day after the day sent,
if sent in accordance with Section 8.1.

9. Insurance and Indemnity. At all times while Boise continues to be a vendor to
OfficeMax, Boise shall purchase and maintain a commercial general liability
(occurrence) policy, which policy shall include coverage for premises and
operations; products and completed operations; contractual liability; broad form
property damage, and personal injury liability. The policy shall have a combined
single limit for bodily injury and property damage of $5,000,000 each
occurrence; $5,000,000 aggregate for products/completed operations; and
$5,000,000 general aggregate. Umbrella/Excess limits may be used to comply with
the general liability limit requirements. Boise’s insurance company must have a
minimum A.M. best Rating of A-VII or better. Insurance carried by Boise will be
primary to any insurance carried by OfficeMax. Any other insurance or
self-insurance maintained by Boise shall be in excess of and not contribute to
Boise’s insurance.

As soon as possible (January 1 for all succeeding years), Boise shall deliver to
OfficeMax, or OfficeMax’s designee per written instruction, a certificate from
Boise’s insurer evidencing the required coverage and naming OfficeMax
Incorporated, its subsidiaries, affiliates, corporate parent, directors,
officers, and employees as additional insured’s with respect to liability or any
claims of liability arising out of the sale of products to OfficeMax, including
the design and manufacture thereof. The certificate shall provide on its face
that the policies it represents will not be terminated, amended, or allowed to
expire without 30 days’ prior written notice to OfficeMax; and such

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certificate shall further provide on its face that the policies it represents
contains a severability of interests clause, generally providing, “the insurance
afforded applies separately to each insured against whom claim is made or suit
is brought, except with respect to the limits of the company’s liability”.
Failure of OfficeMax to demand such certificate or other evidence of full
compliance with these insurance requirements or failure of OfficeMax to identify
a deficiency from evidence that is provided shall not be construed as a waiver
of Vendor’s obligation to maintain such insurance.

Boise further agrees to defend, indemnify and hold harmless OfficeMax, its
subsidiaries, affiliates, corporate parent, directors, officers, and employees
from and against all causes of action, claims, liabilities, costs, and expenses
of any kind, whether actual or alleged, including court costs and attorneys
fees, arising out of or related to any products or goods sold by Boise to
OfficeMax, except where such claim is wholly attributable to the fault of
OfficeMax.

10. Waiver of Subrogation. Each party waives all rights that each might now or
hereafter have against the other, its subsidiaries, or affiliates or against the
officers, directors, or employees of any of the foregoing to the extent that the
loss so waived is compensated by the property damage insurance required hereby
or in fact carried by the party suffering such loss (without regard to any
deductible or risk retention feature of such insurance).

11. Assignment. This Agreement shall be binding upon the parties and their
successors and assigns, but no party shall make any sale, assignment, or other
transfer of all or any portion of its rights hereunder without the prior written
consent of the other party, which consent shall not be unreasonably withheld,
provided, however, that Boise may assign this Agreement without OfficeMax’
consent upon the sale of all, or substantially all, of its paper manufacturing
assets provided that the party purchasing such assets expressly agrees in
writing to assume and fully perform all of Boise’s obligations hereunder. In the
event of any restructuring or reorganization of OfficeMax, or sale of all or a
substantial portion of the assets or the business of OfficeMax, this Agreement
will continue to be binding upon OfficeMax and will also become binding on any
additional entity which acquires all or a substantial portion of OfficeMax’s
business (but, in the case of such additional entity, only with respect to the
portion of the OfficeMax business it acquires).

12. Severability and Renegotiation. If any part of this Agreement is found to be
illegal, void, or unenforceable, such illegality, invalidity, or
unenforceability shall not extend beyond the part affected, and unaffected parts
of this Agreement will continue in full force and will be binding on the
parties. Should any term or provision of this Agreement be found invalid by any
court or regulatory body having jurisdiction thereover, the parties shall
immediately use their best efforts to renegotiate such term or provision of the
Agreement to eliminate such invalidity.

13. Independent Contractor. In performing services under this Agreement, each
party shall act solely as an independent contractor; neither party nor any of
its

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employees or agents shall be treated as or deemed to be employees of the other.
Nothing in this Agreement shall be construed to create a partnership, agency,
joint venture, or employer-employee relationship between the parties. Neither
party shall hold itself out or otherwise represent itself to any person or
entity as anything other than an independent contractor of the other party.

14. Right of Offset. All debts and obligations of OfficeMax and Boise to each
other are mutual and subject to setoff. For purposes of this paragraph,
“OfficeMax” and “Boise” shall be deemed to include each party’s respective
subsidiaries and affiliates which directly or indirectly control or are
controlled by that party.

15. Nonwaiver. Any waiver, at any time, by any part of its rights, remedies,
duties, and/or obligations with respect to any matters arising in connection
with this Agreement, shall not be deemed a waiver of any other right, remedy,
duty, and/or obligation with respect to such matter or with respect to any
subsequent matter.

16. Choice of Law and Jurisdiction. This Agreement shall be governed,
interpreted, and enforced under the laws of the state of Delaware, without
regard to its choice of law rules. The courts of the state of Delaware and
federal courts sitting therein shall have exclusive jurisdiction to hear and
settle litigation in respect of this Agreement or, subject to the last sentence
of this section, any litigation that arises between the parties. In any suit
between the parties or their Affiliates; each party hereby consents to receive
service of process in any jurisdiction in which it is doing business, including
without limitation, the state of its incorporation, provided that such service
of process is issued by a federal or state court of general jurisdiction sitting
in Delaware. This Section 19 shall not apply in respect of any cross claim
brought in any litigation initiated by a person other than a party or one of its
Affiliates in a jurisdiction other than Delaware.

17. Captions. All indices, titles, subject headings, and similar items in this
Agreement are provided for the purpose of reference and convenience and are not
intended to be inclusive, definitive, or to affect the meaning of the content or
scope of this Agreement.

18. Interpretation. As used in this Agreement, the masculine gender shall
include the feminine or neuter gender, and the plural shall include the singular
wherever appropriate.

19. Amendment. This Agreement may be amended only by a written instrument signed
by the senior most executive of each party. No failure of any party to insist
upon strict performance of obligations owed it hereunder by the other party
shall waive or release such party’s right to insist on strict performance of
such obligation in the future.

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20. Counterparts. This Agreement may be executed in two or more duplicate
counterparts and upon such execution shall be considered a single document as
though each party had executed the same counterpart.

21. Audits. Each party shall have the right to audit the other party’s books and
accounts to verify volumes, costs, pricing and price adjustments pursuant to
this Agreement once per year. Such audits shall be conducted at the expense of
the party requesting the audit.

22. Entire Agreement. The terms and provisions herein contained constitute the
entire agreement between the parties and supersede all agreements, either verbal
or written, between the parties with respect to the subject matter of this
Agreement.

23. Brand Ownership. Boise shall own the brand names of all products sold under
this Agreement that are produced by Boise, except for the OfficeMax brand names.