Eighth Supplemental Indenture, dated as of November 28, 2011



 Exhibit 4.21.2 
 EXECUTION VERSION 
 EIGHTH SUPPLEMENTAL INDENTURE 

dated as of November 18, 2011 
 to the 
 INDENTURE 

dated as of May 28, 2003 
 among 
 CASCADES INC., 

as the Company, 

THE SUBSIDIARY GUARANTORS named therein, and 
 THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK, 
 as Trustee, 

as amended 







 EIGHTH SUPPLEMENTAL INDENTURE (this “Eighth Supplemental Indenture”), dated
as of November 18, 2011, among CASCADES INC. (the “Company”) and Papersource Converting Mill Corp. and 7973900 Canada Inc. (collectively, the “New Subsidiary Guarantors”) and THE BANK OF NOVA SCOTIA TRUST COMPANY OF
NEW YORK, as trustee under the Indenture referred to below (the “Trustee”). 
 W I T N E S S E T H :

 WHEREAS, Norampac Inc., a Canadian corporation, as predecessor issuer, heretofore executed and
delivered to the Trustee an indenture, dated as of May 28, 2003 (as so amended as of the date hereof, the “Indenture”), providing for the issuance of the Company’s 6 3/4% Senior Notes due 2013 (the “Notes”);

 WHEREAS, the Company has issued and outstanding $250,000,000 of Notes under the Indenture; 

WHEREAS, Section 9.01 of the Indenture provides that the Company and the Trustee may amend or supplement the Indenture without the
consent of any Holder of a Note to add additional Subsidiary Guarantees with respect to the Notes as provided or permitted under the Indenture; 
 WHEREAS, the Company is supplementing the Indenture to add the New Subsidiary Guarantors, which pursuant to Section 9.01(f) of the Indenture provides additional rights or benefits to the Holders; and

 WHEREAS, pursuant to Sections 9.01 and 9.06 of the Indenture, the Trustee, the Company and the New Subsidiary Guarantors are
authorized to execute and deliver this Eighth Supplemental Indenture; 
 NOW THEREFORE, in consideration of the foregoing and
for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the New Subsidiary Guarantors, and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 1. Definitions. (a) Capitalized terms used herein without definition shall have the meanings assigned to them in
the Indenture. 
 (b) For all purposes of this Eighth Supplemental Indenture, except as otherwise herein expressly provided or
unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and
“hereby” and other words of similar import used in this Eighth Supplemental Indenture refer to this Eighth Supplemental Indenture as a whole and not to any particular section hereof. 

2. Agreement to Guarantee. The New Subsidiary Guarantors hereby agree, jointly and severally with the existing Subsidiary
Guarantors, to guarantee the Company’s obligations under the Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture. From and after the date
hereof, the New Subsidiary Guarantors shall be Subsidiary Guarantors for all purposes under the Indenture and the Notes. 

  
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 3. Ratification of Indenture; Eighth Supplemental Indenture Part of Indenture. Except
as expressly amended hereby, the Indenture is, in all respects, ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Eighth Supplemental Indenture shall form a part of the Indenture
for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
 4.
Miscellaneous. 
 4.1 Governing Law. THIS EIGHTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

4.2 Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency of this Eighth
Supplemental Indenture, or for or in respect of the recitals contained herein. 
 4.3 Counterparts. The parties may sign
any number of copies of this Eighth Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. 
 4.4 Effect of Headings. The Article and Section headings herein are for convenience only and shall not affect the construction thereof. 

4.5 Conflict with TIA. If any provision of this Eighth Supplemental Indenture limits, qualifies or conflicts with any provision of
the TIA, that is required under the TIA to be part of and govern any provision of this Eighth Supplemental Indenture, the provision of the TIA shall control. If any provision of this Eighth Supplemental Indenture modifies or excludes any provision
of the TIA that may be so modified or excluded, the provisions of the TIA shall be deemed to apply to the Indenture as so modified or to be excluded by this Eighth Supplemental Indenture, as the case may be. 

4.6 Severability. In case any provision of this Eighth Supplemental Indenture shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 4.7
No Third Party Beneficiaries. Nothing in this Eighth Supplemental Indenture, the Indenture, or the Notes, express or implied, shall give to any Person, other than the parties hereto and thereto and their successors hereunder and thereunder,
and the Holders of the Notes, any benefit of any legal or equitable right, remedy or claim under the Indenture, this Eighth Supplemental Indenture or the Notes. 
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 EXECUTION VERSION 
 IN WITNESS WHEREOF, the parties hereto have caused this Eighth Supplemental Indenture to be duly executed as of the date above written. 

 

					
	Company:
	
	 CASCADES INC.

		
	 By:
	 	 /s/ Robert F. Hall

		 	 Name:
	 	 Robert F. Hall

		 	 Title:
	 	Vice President, Legal Affairs and Corporate Secretary
	
	 New Subsidiary Guarantors:

	
	 PAPERSOURCE CONVERTING MILL CORP.

		
	 By:
	 	 /s/ Robert F. Hall

		 	 Name:
	 	 Robert F. Hall

		 	 Title:
	 	 Assistant Secretary



  

					
	7973900 CANADA INC.
		
	 By:
	 	 /s/ Robert F. Hall

		 	 Name:
	 	 Robert F. Hall

		 	 Title:
	 	 Secretary



 Eighth Supplemental Indenture 

 







 
					
	
	 Trustee:

	
	 THE BANK OF NOVA SCOTIA TRUST COMPANY OF NEW YORK

		
	 By:
	 	 /s/ John F. Neylan

		 	 Name: John F. Neylan

		 	 Title:   Trust Officer



 Eighth Supplemental Indenture