**Exhibit 4.14.2**

EXECUTION VERSION 

FIFTEENTH SUPPLEMENTAL INDENTURE 

dated as of November 18, 2011 

to the 

INDENTURE 

dated as of February 5, 2003 

among 

CASCADES INC., 

as the Company, 

THE SUBSIDIARY GUARANTORS named therein, and 

THE BANK OF NEW YORK MELLON, 

as Trustee, 

as amended 

 

FIFTEENTH SUPPLEMENTAL INDENTURE (this “*Fifteenth 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 NEW YORK MELLON (f/k/aThe Bank of New York), as trustee under the Indenture referred to below (the “*Trustee*”). 

W I T N E S S E TH : 

WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture, dated asof February 5, 2003, as amended (as so amended as of the date hereof, the “*Indenture*”), providing for the issuance of the Company’s7 1/4% Senior Notes due 2013 (the“*Notes*”); 

WHEREAS, the Company has issued and outstanding $675,000,000 of Notes under the Indenture;

WHEREAS, Section 9.01 of the Indenture provides that the Company and the Trustee may amend or supplement the Indenturewithout 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 areauthorized to execute and deliver this Fifteenth Supplemental Indenture; 

NOW THEREFORE, in consideration of the foregoing andfor 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 inthe Indenture. 

(b) For all purposes of this Fifteenth Supplemental Indenture, except as otherwise herein expressly providedor 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 Fifteenth Supplemental Indenture refer to this Fifteenth 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 SubsidiaryGuarantors, 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 datehereof, 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; Fifteenth 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 Fifteenth Supplemental Indenture shall form a part of theIndenture 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 FIFTEENTH SUPPLEMENTALINDENTURE 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 WOULDBE REQUIRED THEREBY. 

4.2 Trustee Makes No Representation. The Trustee makes no representation as to the validity orsufficiency of this Fifteenth Supplemental Indenture, or for or in respect of the recitals contained herein. 

4.3Counterparts. The parties may sign any number of copies of this Fifteenth 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 constructionthereof. 

4.5 Conflict with TIA. If any provision of this Fifteenth Supplemental Indenture limits, qualifies orconflicts with any provision of the TIA, that is required under the TIA to be part of and govern any provision of this Fifteenth Supplemental Indenture, the provision of the TIA shall control. If any provision of this Fifteenth SupplementalIndenture 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 Fifteenth Supplemental Indenture, as the casemay be. 

4.6 Severability. In case any provision of this Fifteenth Supplemental Indenture shall be invalid, illegal orunenforceable, 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 Fifteenth Supplemental Indenture, the Indenture, or the Notes, express or implied, shall give to any Person, other than the parties hereto andthereto 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 Fifteenth Supplemental Indenture or the Notes 

 
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EXECUTION VERSION 

IN WITNESS WHEREOF, the parties hereto have caused this Fifteenth Supplemental Indenture to be duly executed as of the date above written. 

 
Company:
 

CASCADESINC.

By:
 
/s/ Robert F. Hall
 
Name: Robert F. Hall

Title:   Vice President, Legal Affairs and         CorporateSecretary

 

NewSubsidiary Guarantors:

 

PAPERSOURCECONVERTING 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

*Fifteenth Supplemental Indenture*

Trustee:
 

THE BANK OFNEW YORK MELLON

By:
 
/s/ Erika Walker
 
Name: Erika Walker

Title:   Vice President

*Fifteenth Supplemental Indenture*