Document:

<PAGE>

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                              PACIFICA PAPERS INC.

                                       and

            NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee

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

                          SECOND SUPPLEMENTAL INDENTURE

                      Dated for reference December 30, 1999

                                       to

                                    INDENTURE

                           Dated as of March 12, 1999

                                 by and between

                         PACIFICA PAPERS INC., as Issuer

                                       and

            NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee

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

                                  $200,000,000

                            10% Senior Notes Due 2009

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

<PAGE>

                                       2

                          SECOND SUPPLEMENTAL INDENTURE

         SECOND SUPPLEMENTAL INDENTURE dated for reference December 30, 1999, by
and among PACIFICA PAPERS SALES LTD. (the "New Guaranteeing Subsidiary"), a
subsidiary of PACIFICA PAPERS INC., a Canadian corporation (the "Company"), the
Company, the guarantors set forth on the signature pages hereto (the
"Guarantors") and NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION as trustee under
the hereafter defined Indenture (the "Trustee").

         WHEREAS, the Company and the Guarantors have heretofore executed and
delivered to the Trustee an indenture dated as of March 12, 1999 (the
"Indenture"), providing for the issuance of up to $200,000,000 aggregate
principal amount of the Company's 10% Senior Notes due 2009 (the "Notes"); and

         WHEREAS, there have been issued and are now outstanding under the
Indenture, Notes in the aggregate principal amount of $200,000,000; and

         WHEREAS, the Indenture was supplemented by a First Supplemental
Indenture made among the Company, the Guarantors and the Trustee dated March 12,
1999 (the "First Supplemental Indenture"); and

         WHEREAS, the Company has organized the New Guaranteeing Subsidiary; and

         WHEREAS, the Indenture provides that under certain circumstances the
New Guaranteeing Subsidiary shall execute and deliver to the Trustee a
supplemental indenture pursuant to which the New Guaranteeing Subsidiary shall
unconditionally guarantee all of the Company's obligations under the Notes and
the Indenture on the terms and conditions set forth herein (the "Guarantee");
and

         WHEREAS, the execution and delivery of this Second Supplemental
Indenture has been duly and validly authorized by the Company, the Guarantors
and the New Guaranteeing Subsidiary; and

         WHEREAS, all conditions and requirements necessary to make this Second
Supplemental Indenture a valid, binding and legal instrument in accordance with
its terms have been performed and fulfilled by the parties hereto and the
execution and delivery thereof have been in all respects duly authorized by the
parties hereto; and

         WHEREAS, pursuant to Section 8.01 of the Indenture, the Trustee is
authorized to execute and deliver this Second Supplemental Indenture.

         NOW THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the New
Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the
equal and ratable benefit of the Holders of the Notes as follows:

<PAGE>

                                       3

                                    ARTICLE I
                               GUARANTEE OF NOTES

         Section 1.01. GUARANTEE. The New Guaranteeing Subsidiary hereby, along
with all other Guarantors named in the Indenture, jointly and severally
unconditionally guarantees, on a senior unsecured basis, to each Holder of a
Note authenticated and delivered by the Trustee and to the Trustee and its
successors, irrespective of: (i) the validity and enforceability of the
Indenture, the Notes or the obligations of the Company or any other Guarantors
to the Holders or the Trustee hereunder or thereunder; or (ii) the absence of
any action to enforce the same or any other circumstance which might otherwise
constitute a legal or equitable discharge or a default of a Guarantors, that:
(a) the principal of, premium and interest, if any, with respect to the Notes
will be duly and punctually paid in full when due, whether at maturity, by
acceleration or otherwise, and interest on the overdue principal and (to the
extent permitted by law) interest, if any, with respect to the notes and all
other obligations of the Company or any Guarantor to the Holders or the Trustee
hereunder or thereunder (including amounts due the Trustee under Section 7.07 of
the Indenture) and all other obligations under the Indenture or the Notes will
be promptly paid in full or performed, all in accordance with the terms hereof
and thereof; and (b) in case of any extension of time of payment or renewal of
any Notes or any of such other obligations, the same will be promptly paid in
full when due or performed in accordance with the terms of the extension or
renewal, whether at stated maturity, by acceleration or otherwise. Failing
payment when due of any amount so guaranteed or failing performance of any other
obligation of the Company to the Holders, for whatever reason, each Guarantor
will be obligated to pay, or to perform or cause the performance of, the same
immediately. An Event of Default under the Indenture or the Notes shall
constitute an event of default under this Guarantee, and shall entitle the
Holders of Notes or the Trustee to accelerate the obligations of the Guarantors
hereunder in the same manner and to the same extend as the obligations of the
Company.

         The New Guaranteeing Subsidiary agrees, by execution of the Guarantee
that its obligations hereunder shall be unconditional, irrespective of the
validity, regularity or enforceability of the Indenture or the Notes, the
absence of any action to enforce the same, any waiver or consent by any Holder
with respect to any provisions hereof or thereof, any release of any other
Guarantor, the recovery of any judgment against the Company, any action to
enforce the same, whether or not a Guarantee is affixed to any particular Notes,
or any other circumstance which might otherwise constitute a legal or equitable
discharge or defense of a Guarantor. The New Guaranteeing Subsidiary, by
execution of the Guarantee, waives the benefit of diligence, presentment, demand
of payment, filing of claims with a court in the event of insolvency or
bankruptcy of the Company, any right to require a proceeding first against the
Company, protest, notice and all demands whatsoever and covenants that the
Guarantee shall not be discharged except by complete performance of the
obligations contained in the Notes, the Indenture and this Guarantee. The
Guarantee is a guarantee of payment and not of collection. If any Holder or the
Trustee is required by any court or otherwise to return to the Company or to any
Guarantor, or any custodian, trustee, liquidator or other similar official
acting in relation to the Company or such Guarantor, any amount paid by the
Company or such Guarantor to the Trustee or such Holder, this Guarantee, to the
extent theretofore discharged, shall be reinstated in full force and effect. The
New Guaranteeing Subsidiary further agrees that, as between it, on the one hand,
and the Holders and the Trustee, on the other hand, (a) subject to Article Ten
of the Indenture, the maturity of the obligations guaranteed hereby may be
accelerated as provided in Article Six of the Indenture for the purposed of the
Guarantee, notwithstanding any stay,

<PAGE>

                                       4

injunction or other prohibition preventing such acceleration in respect of the
obligations guaranteed hereby, and (b) in the event of any declaration of
acceleration of such obligations as provided in Article Six of the Indenture,
such obligations (whether or not due and payable) shall forthwith become due and
payable by the Guarantors for the purpose of this Guarantee.

         The Guarantee shall remain in full force and effect and continue to be
effective should any petition be filed by or against the Company for liquidation
or reorganization, should the Company become insolvent or make an assignment for
the benefit of creditors or should a receiver or trustee be appointed for all or
any significant part of the Company's assets, and shall, to the fullest extent
permitted by law, continue to be effective or be reinstated, or the case may be,
if at any time payment and performance of the Notes are, pursuant to applicable
law, rescinded or reduced in amount, or must otherwise be restored or returned
by any obligee on the Notes, whether as a "voidable preference," "fraudulent
transfer" or otherwise, all as though such payment or performance had not been
made. In the event that any payment, or any part thereof, is rescinded, reduced,
restored or returned, the Notes shall, to the fullest extend permitted by law,
be reinstated and deemed reduced only by such amount paid and not so rescinded,
reduced restored or returned.

         No shareholder, officer, director, employee or incorporator, past,
present or future, of any Guarantor, as such shall have any personal liability
under this Guarantee by reason of his, her or its status as such shareholder,
officer, director, employee or incorporator.

         Section 1.02. EXECUTION AND DELIVERY OF GUARANTEE. To further evidence
the Guarantee set forth in Section 1.01 hereof, the New Guaranteeing Subsidiary
hereby agrees that a notation of such Guarantee, substantially in the form
included in Exhibit F of the Indenture, may be endorsed on each Note
authenticated and delivered by the Trustee and such Guarantee shall be executed
by either manual or facsimile signature of an Officer of each Guarantor. The
validity and enforceability of any Guarantee shall not be affected by the fact
that it is not affixed to any particular Note.

         The New Guaranteeing Subsidiary agrees that its Guarantee shall remain
in full force and effect notwithstanding any failure to endorse on each Note a
notation of such Guarantee.

         If an Officer of a Guarantor whose signature is on the Indenture or a
Guarantee no longer holds that office at the time the Trustee authenticates the
Note on which such Guarantee is endorsed or at any time thereafter, such
Guarantor's Guarantee of such note shall be valid nevertheless.

         The delivery of any Note by the Trustee, after the authentication
thereof under the Indenture, shall constitute due delivery of any Guarantee set
forth in this Indenture on behalf of the Guarantor.

         Section 1.03      LIMITATION OF GUARANTEE

         The obligation of each Guarantor are limited to the maximum amount as
will, after giving effect to all other contingent and fixed liabilities of such
Guarantor and after giving effect to any

<PAGE>

                                       5

collections from or payments made by or on behalf of any other Guarantor in
respect of the obligations of such other Guarantor under its Guarantee or
pursuant to its contribution obligations under this Indenture, result in the
obligations of such Guarantor under the Guarantee not constituting a fraudulent
conveyance or fraudulent transfer under federal or state law. Each Guarantor
that makes a payment or distribution under a Guarantee shall be entitled to a
contribution from each other Guarantor in a PRO RATA amount based on the net
assets of each Guarantor, determined in accordance with GAAP.

         Section 1.04      RELEASE OF GUARANTOR.

         A Guarantor shall be released from all of its obligations under its
Guarantee if:

          (i)     the Guarantor has sold all of its assets or the Company and
                  its Restricted Subsidiaries have sold all of the Capital Stock
                  of the Guarantor owned by them, in each case in a transaction
                  in compliance with the terms of the Indenture (including
                  Sections 4.10 and 5.01 thereof);

          (ii)    the Guarantor merges with or into or consolidates with, or
                  transfers all or substantially all of its assets to, the
                  Company or another Guarantor in a transaction in compliance
                  with Section 5.01 hereof; or

          (iii)   the Guarantor is designated an Unrestricted Subsidiary in
                  compliance with the terms of the Indenture (including Section
                  4.08 thereof);

and in each such case, the Guarantor has delivered to the Trustee an Officers'
Certificate and an Opinion of Counsel, each stating that all conditions
precedent herein provide for relating to such transaction have been complied
with and that such release is authorized and permitted hereunder.

         If all of the conditions to release contained in Section 10.05 of the
Indenture have been satisfied, the Trustee shall executed any documents
reasonably requested by the Company or any Guarantor in order to evidence the
release of such Guarantor from its obligations under its Guarantee endorsed on
the Notes and under Article Ten of the Indenture.

         Section 1.05      ASSUMPTION OF TERMS OF THE INDENTURE

         The New Guaranteeing Subsidiary hereby assumes, agrees to be bound and
shall have the benefit of all of the obligations and terms of the Indenture
applicable to a Guarantor.

<PAGE>

                                       6

                                   ARTICLE II
                            MISCELLANEOUS PROVISIONS

         Section 2.01. TERMS DEFINED. For all purposes of this Second
Supplemental Indenture, except as otherwise defined or unless the context
otherwise requires, terms used in capitalized form in this Second Supplemental
Indenture and defined in the Indenture have the meanings specified in the
Indenture.

          Section 2.02. INDENTURE. Except as amended hereby, the Indenture, the
First Supplemental Indenture and the Notes are in all respects ratified and
confirmed and all the terms shall remain in full force and effect.

          Section 2.03. GOVERNING LAW. THE SECOND SUPPLEMENTAL INDENTURE SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK,
WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS. Each of the parties hereto
agrees to submit to the jurisdiction of the courts of the State of New York in
any action or proceeding arising out of or relating to this Second Supplemental
Indenture, provided that such jurisdiction shall be non-exclusive.

         Section 2.04. SUCCESSORS. All agreements of the Company in this Second
Supplemental Indenture and the Notes shall bind its successors. All agreements
of each of the New Guaranteeing Subsidiary and the Guarantors in this Second
Supplemental Indenture, the Notes and the Guarantees shall jointly and severally
bind their respective successors. All agreements of the Trustee in this
Indenture shall bind its successors.

          Section 2.05. MULTIPLE COUNTERPARTS. The parties may sign multiple
counterparts of this Second Supplemental Indenture. Each signed counterpart
shall be deemed an original, but all of them together represent the same
agreement.

          Section 2.06. EFFECTIVENESS. The provisions of this Second
Supplemental Indenture will take effect immediately upon its execution and
delivery by the Trustee in accordance with the provisions of Article Eight of
the Indenture.

         Section 2.07. TRUSTEE DISCLAIMER. The Trustee accepts the amendment of
the Indenture effected by this Second Supplemental Indenture and agrees to
execute the trust created by the Indenture as hereby amended, but only upon the
terms and conditions set forth in the Indenture, including the terms and
provisions defining and limiting the liabilities and responsibilities of the
Trustee, which terms and provisions shall in like manner define and limit its
liabilities in the performance of the trust created by the Indenture as hereby
amended, and without limiting the generality of the foregoing, the Trustee shall
not be responsible in any manner whatsoever for or with respect to any of the
recitals or statements contained herein, all of which recitals or statements are
made solely by the Company, the New Guaranteeing Subsidiary and the Guarantors,
or for or with respect to (i) the validity or sufficiency of this Second
Supplemental Indenture or any of the terms of provisions hereof, (ii) the proper
authorization hereof by the Company, the New Guaranteeing Subsidiary and each
Guarantor by corporate action or otherwise, (iii) the due execution hereof by
the Company, the New Guaranteeing Subsidiary and each Guarantor, (iv) the
consequences (direct or indirect and whether deliberate or inadvertent)

<PAGE>

                                       7

of any amendment herein provided for, and the Trustee makes no representation
with respect to any such matters.

         Section 2.08. AGENT FOR SERVICE; SUBMISSION TO JURISDICTION; WAIVER OF
IMMUNITIES. By the execution and delivery of this Second Supplemental Indenture,
each of the Company, the New Guaranteeing Subsidiary and each Guarantor (i)
acknowledges that it has, by separate written instrument, designated and
appointed CT Corporation as its authorized agent upon which process may be
served in any suit, action or proceeding arising out of or relating to the
Notes, the Indenture, the First Supplemental Indenture or this Second
Supplemental Indenture that may be instituted in any Federal or State court in
the State of New York, Borough of Manhattan, or brought under Federal or State
securities laws or brought by the Trustee (whether in its individual capacity or
in its capacity as Trustee hereunder), and acknowledges that CT Corporation has
accepted such designation, (ii) submits to the jurisdiction of any such court in
any such suit, action or proceeding, and (iii) agrees that service of process
upon CT Corporation and written notice of said service to it (mailed or
delivered to its Executive Director at its principal office as specified in
Section 11.02 of the Indenture), shall be deemed in every respect effective
service of process upon it in any such suit or proceeding. The Company and each
Guarantor further agree to take any and all action, including the execution and
filing of any and all such documents and instruments as may be necessary to
continue such designation and appointment of CT Corporation, in full force and
effect so long as the Indenture shall be in full force and effect; PROVIDED that
the Company may and shall (to the extent CT Corporation ceases to be able to be
served on the basis contemplated herein), by written notice to the Trustee,
designate such additional or alternative agents for service of process under
this Section 2.08 that (i) maintains an office located in the Borough of
Manhattan, The City of New York in the State of New York, (ii) are either (x)
counsel for the Company or (y) a corporate service company which acts as agent
for service of process for other Persons in the ordinary course of its business
and (iii) agrees to act as agent for service or process in accordance with this
Section 2.08. Such notice shall identify the name of such agent for process and
the address of such agent for process in the Borough of Manhattan, The City of
New York, State of New York. Upon the request of any Holder, the Trustee shall
delivery such information to such Holder. Notwithstanding the foregoing, there
shall, at all times, be at least one agent for service of process for the
Company and any Guarantors, if any appointed and acting in accordance with this
Section 2.08.

<PAGE>

                                       8

                                   SIGNATURES

         IN WITNESS WEHREOF, the parties hereto have caused this Second
Supplemental Indenture to be duly executed and attested, all as of the date
hereinafter written.

Dated:    December 30, 1999

                    The New Guaranteeing Subsidiary:

                    PACIFICA PAPERS SALES LTD.

                    By:      /s/ David Gandossi
                             ---------------------------------------------------
                    Name:    David Gandossi
                    Title:   Secretary

                    The Issuer:

                    PACIFICA PAPERS INC.

                     By:      /s/ Wayne Nystrom
                              --------------------------------------------------
                     Name:    Wayne Nystrom
                     Title:   Chief Executive Officer

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Vice-President, Finance and
                              Chief Financial Officer

                     The Guarantors:

                     PACIFICA POPLARS LTD.

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Secretary

                     PACIFICA POPLARS INC.

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Chief Financial Officer

<PAGE>

                                       9

                     PACIFICA POWER CO. LTD.

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Secretary

                     PACIFICA PAPERS SALES INC.

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Chief Financial Officer

                     EXPORT SALES COMPANY INC.

                     By:      /s/ David Gandossi
                              --------------------------------------------------
                     Name:    David Gandossi
                     Title:   Secretary

                     PACIFICA PAPERS CO. LIMITED
                     PARTNERSHIP by its general partner
                     PACIFICA PAPERS INC.

                     By:     /s/ David Gandossi
                              --------------------------------------------------
                     Name:   David Gandossi
                     Title:  Vice-President, Finance and Chief Financial Officer

                     PACIFICA PAPERS K.K.

                     By:      /s/ Allan Small
                              --------------------------------------------------
                     Name:    Allan Small
                     Title:   Director

<PAGE>

                                       10

                     The Trustee:

                     NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee

                     By:      /s/ Curtis D. Schwegman
                              --------------------------------------------------
                     Name:    Curtis D. Schwegman
                     Title:   Assistant Vice President<PAGE>

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

                              PACIFICA PAPERS INC.

                                       and

          WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee
             (Formerly NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION)

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

                          THIRD SUPPLEMENTAL INDENTURE

                      Dated for reference January 31, 2001

                                       to

                                    INDENTURE

                           Dated as of March 12, 1999

                                 by and between

                        PACIFICA PAPERS INC., as Issuers

                                       and

          WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee
             (Formerly NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION)

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

                                  $200,000,000

                            10% Senior Notes Due 2009

<PAGE>

                                       2

                          THIRD SUPPLEMENTAL INDENTURE

         THIRD SUPPLEMENTAL INDENUTRE dated for reference January 31, 2001, by
and among PACIFICA POWER CO. LTD. ("PowerCo"), PACIFICA PAPERS INC., a Canadian
corporation (the "Company"), the guarantors set forth on the signature pages
hereto (the "Guarantors") and WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION
(formerly NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION) as trustee under the
hereafter defined Indenture (the "Trustee").

         WHEREAS, the Company, PowerCo and the Guarantors have heretofore
executed and delivered to the Trustee an indenture dated as of March 12, 1999
(the "Indenture"), providing for the issuance of up to $200,000,000 aggregate
principal amount of the Company's 10% Senior Notes dues 2009 (the "Notes"); and

         WHEREAS, there have been issued and are now outstanding under the
Indenture, Notes in the aggregate principal amount of $200,000,000; and

         WHEREAS, the Indenture was supplemented by the First Supplemental
Indenture made among the Company, PowerCo, the Guarantors (other than Pacifica
Papers Sales Ltd.) and the Trustee dated March 12, 1999; and

         WHEREAS, the Indenture was further supplemented by the Second
Supplemental Indenture made among the Company, PowerCo, the Guarantors and the
Trustee dated December 30, 1999; and

         WHEREAS, the Company has entered into an agreement dated November 3,
2000 with Powell River Energy Inc. to sell all of the shares of its wholly owned
hydro electric subsidiary PowerCo; and

         WHEREAS, Section 10.05 of the Indenture provides that under certain
circumstances, PowerCo may be released from all of its obligations under its
Guarantee; and

         WHEREAS, the execution and delivery of this Third Supplemental
Indenture has been duly and validly authorized by the company, PowerCo and the
Guarantors; and

         WHEREAS, all conditions and requirements necessary to make this Third
Supplemental Indenture a valid, binding and legal instrument in accordance with
its terms have been performed and fulfilled by the parties hereto and the
execution and delivery thereof have been in all respects duly authorized by the
parties hereto; and

         WERHEAS, pursuant to Section 10.05 of the Indenture, the Trustee is
authorized to execute and deliver this Third Supplemental Indenture.

         NOW THERFORE, in consideration of the sum of ONE ($1.00) DOLLAR now
paid to the Trustee by PowerCo, the receipt and sufficiency of which is hereby
acknowledged, and other good and valuable consideration, PowerCo and the Trustee
mutually covenant and agree for and on behalf of the Holders of the Notes as
follows:

<PAGE>

                                       3

                                    ARTICLE 1
                               RELEASE OF POWERCO

         Section 1.01. RELEASE. The Trustee on its own behalf and its successors
and assigns, and for and on behalf of the Holders of the Notes, HEREBY REMISE,
RELEASE AND FOREVER DISCHARGE PowerCo, of and from all manners of action, causes
of action, suits, contracts, obligations, claims, demands, damages, costs and
expenses of any nature or kind whatsoever, whether in law or in equity, arising
out of or in any way connected with PowerCo's obligations under its Guarantee
endorsed on the Notes and under Article Ten of the Indenture. For greater
certainty, the Trustee hereby agrees to the termination of the Guarantee.

                                   ARTICLE II
                             MISCELLANEOUS PROVISONS

         Section 2.01. TERMS DEFINED. For all purposed of this Third
Supplemental Indenture, except as otherwise defined or unless the context
otherwise requires, terms used in capitalized form in this Third Supplemental
Indenture and defined in the Indenture have the meanings specified in the
Indenture.

          Section 2.02. INDENTURE. Except as amended hereby, the Indenture, the
First Supplemental Indenture, the Second Supplemental Indenture and the Notes
are in all respects ratified and confirmed and all the terms shall remain in
full force and effect.

         Section 2.03. GOVERNING LAW. THIS THIRD SUPPLEMENTAL INDENTURE SHALL BE
GOVERNED BY AND CONSTURED IN ACORDANCE WITH THE LAWS OF THE STATE OF NEW YORK,
AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, WITHOUT
REGARD TO PRINCIPLES OF CONFLICT OF LAWS. Each of the parties hereto agrees to
submit to the jurisdiction of the courts of the State of New York in any action
or proceeding arising out of or relating to this Third Supplemental Indenture,
provided that such jurisdiction shall be non-exclusive.

         Section 2.04. SUCCESSORS. All agreements of the Company in this Third
Supplemental Indenture and the Notes shall bind is successors. All agreements of
each of the Guarantors in this Third Supplemental Indenture, the Notes and the
Guarantees shall jointly and severally bind their respective successors. All
agreements of the Trustees in this Indenture shall bind its successors.

          Section 2.05. MULTIPLE COUNTERPARTS. The parties may sign multiple
counterparts of this Third Supplemental Indenture. Each signed counterpart shall
be deemed an original, but all of them together represent the same agreement.

          Section 2.06. EFFECTIVENESS. The provisions of this Third Supplemental
Indenture will take effect immediately upon its execution and delivery by the
Trustee in accordance with the provisions of Article Eight of the Indenture.

<PAGE>

                                       4

         Section 2.07. TRUSTEE DISCLAIMER. The Trustee accepts the amendment of
the Indenture effected by this Third Supplemental Indenture and agrees to
execute the trust created by the Indenture as hereby amended, but only upon the
terms and conditions set forth in the Indenture, including the terms and
provisions defining and limiting the liabilities and responsibilities of the
Trustee, which terms and provisions shall in like manner define and limit its
liabilities and responsibilities in the performance of the trust created by the
Indenture as hereby amended, and without limiting the generality of the
foregoing, the Trustee shall not be responsible in any manner whatsoever for or
with respect to any of the recitals or statements contained herein, all of which
recitals or statements are made solely by the Company, PowerCo and the
Guarantors, or for or with respect to (i) the validity or sufficiency of this
Third Supplemental Indenture or any of the terms of provisions hereof, (ii) the
proper authorization hereof by the Company, PowerCo and each Guarantor by
corporate action or otherwise, (iii) the due execution hereof by the Company,
PowerCo and each Guarantor (iv) the consequences (direct of indirect and whether
deliberate or inadvertent) of any amendment herein provided for, and the Trustee
makes no representation with respect to any such matters.

         Section 2.08. AGENT FOR SERVICE; SUBMISSION TO JURISDICTION; WAIVER OF
IMMUNITIES. By the execution and delivery of this Third Supplemental Indenture,
the Company and each Guarantor (i) acknowledges that it has, by separate written
instrument, designated and appointed CT Corporation as its authorized agent upon
which process may be served in any suit, action or proceeding arising out of or
relating to the Notes, the Indenture, the First Supplemental Indenture, the
Second Supplemental Indenture or this Third Supplemental Indenture that may be
instituted in any Federal or State court in the State of New York, Borough of
Manhattan, or brought under Federal or State securities laws or brought by the
Trustee (whether in its individual capacity or in its capacity as Trustee
hereunder), and acknowledges that CT Corporation has accepted such designation,
(ii) submits to the jurisdiction of any such court in any such suit, action or
proceedings, and (iii) agrees that service of process upon CT Corporation and
written notice of said service to it (mailed or delivered to its Executive
Director at its principal office as specified in Section 11.02 of the
Indenture), shall be deemed in every respect effective service of process upon
it in any such suit or proceeding. The Company and each Guarantor further agree
to take any and all action, including the execution and filing of any and all
such documents and instruments as may be necessary to continue such designation
and appointment of CT Corporation, in full force and effect so long as the
Indenture shall be in full force and effect; PROVIDED that the Company may and
shall (to the extend CT Corporation ceases to be able to be served on the basis
contemplated herein), by written notice to the Trust, designate such additional
or alternative agents for service of process under this Section 2.08 that (i)
maintains an office located in the Borough or Manhattan, The City of New York in
the State of New York, (ii) are either (x) counsel for the Company or (y) a
corporate service company which acts as agent for service of process for other
Persons in the ordinary course of its business and (iii) agrees to act as agent
for service or process in accordance with this Section 2.08. Such notice shall
identify the name of such agent for process and the address of such agent for
process in the Borough of Manhattan, The City of New York, State of New York.
Upon the request of any Holder, the Trustee shall delivery such information to
such Holder. Notwithstanding the foregoing, there shall, at all times, be at
least one agent for service of process for the Company and any Guarantors, if
any, appointed and acting in accordance with this Section 2.08.

<PAGE>

                                       5

                                   SIGNATURES

         IN WITNESS WHEREOF, the parties hereto have caused this Third
Supplemental Indenture to be duly executed and attested, all as of the date
hereinafter written.

Dated:   January 31, 2001

                                   THE RELEASEE:

                                   PACFICIA POWER CO. LTD.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Secretary

                                   THE ISSUER:

                                   PACIFICA PAPERS INC.

                                   By: /s/ Wayne Nystrom
                                       -----------------------------------------
                                   Name: Wayne Nystrom
                                   Title:   Chief Executive Officer

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Vice-President, Financial and
                                             Chief Financial Officer

                                   THE GUARANTORS:

                                   PACIFICA POPLARS LTD.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Secretary

                                   PACIFICA POPLARS INC.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Chief Financial Officer

<PAGE>

                                       6

                                   PACIFICA PAPERS SALES INC.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Chief Financial Officer

                                   PACIFICA PAPERS US INC.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Chief Financial Officer

                                   EXPORT SALES COMPANY INC.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Secretary

                                   PACIFICA PAPERS CO. LIMITED PARTNERSHIP by
                                   its general partner PACIFICA PAPERS INC.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Vice-President, Finance and
                                             Chief Financial Officer

                                   PACIFICA PAPERS SALES LTD.

                                   By: /s/ David Gandossi
                                       -----------------------------------------
                                   Name: David Gandossi
                                   Title:   Secretary

                                   PACIFICA PAPERS K.K.

                                   By: /s/ Allan Small
                                       -----------------------------------------
                                   Name: Allan N. Small
                                   Title:   Director

<PAGE>

                                       7

                                   THE TRUSTEE:

                                   WELLS FARGO BANK MINNESOTA, NATIONAL
                                   ASSOCIATION, as Trustee

                                   By: /s/ Jane Schwenger
                                       -----------------------------------------
                                   Name: Jane Y. Schwenger
                                   Title:   Corporate Trust Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}]]