Document:

EXHIBIT 10.13(iv)

                    GEORGIA-PACIFIC CORPORATION/TIMBER GROUP
                          1997 LONG-TERM INCENTIVE PLAN

                         EMPLOYEE STOCK OPTION AGREEMENT

                -----------------------------------------------------
                Optionee:                       [First Middle Last]
                Total Shares Under Option:      [  ] shares
                Option Price:                   $22.50 per share
                Grant Date:                     January 21, 2000
                -----------------------------------------------------

THIS AGREEMENT, dated as of the Grant Date stated above, by and between
Georgia-Pacific Corporation and the Optionee:

                              W I T N E S S E T H:
                              -------------------

       WHEREAS, Georgia-Pacific Corporation wishes to give the Optionee an
opportunity to acquire or enlarge the Optionee's equity ownership in
Georgia-Pacific Corporation for purposes of augmenting the Optionee's
proprietary interest in the success of Georgia-Pacific Corporation and, in
particular, its business unit known as The Timber Company;

         WHEREAS, the options described in this Agreement have been granted
pursuant to, and are governed by, the Plan;

         NOW, THEREFORE, Georgia-Pacific Corporation and the Optionee hereby
agree as follows:

1.       Definitions. For purposes of this Agreement, the following terms shall
         be defined as follows:

         (a)      Agent means First Chicago Trust or any other entity designated
                  by the Plan Administrator to act as its administrative service
                  provider.

         (b)      Board of Directors means the Board of Directors of
                  Georgia-Pacific Corporation.

         (c)      Cause means any of the actions or omissions specified in
                  Section 2(d) of the Plan.

         (d)      Change of Control has the meanings specified in Section 11(b)
                  of the Plan.

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         (e)      Code means the Internal Revenue Code of 1986, as amended from
                  time to time, or any statute which is a successor or
                  replacement for such statute, and the regulations promulgated
                  thereunder.

         (f)      Corporation means Georgia-Pacific Corporation, its successors
                  and assigns, and any other corporation in an unbroken chain of
                  corporations beginning with Georgia-Pacific Corporation if
                  each of the corporations other than the last corporation in
                  the unbroken chain owns stock possessing 50% or more of the
                  total combined voting power of all classes of stock in one of
                  the other corporations in such chain.

         (g)      Committee means the Compensation Committee of the Board of
                  Directors, or a subcommittee of such Committee, as the same
                  may be constituted from time to time.

         (h)      Disability means "total disability" as defined under the
                  long-term disability program of the Georgia-Pacific
                  Corporation Salaried Employees Long-Term Disability Plan
                  (whether or not the Optionee is covered under such program).

         (i)      Disability Retirement Date means the later of (i) the day the
                  Optionee's employment with the Corporation ends after the
                  maximum period during which salary continuation benefits from
                  the Corporation because of illness or injury are authorized in
                  accordance with its then-current medical leave policy, but
                  only if the Optionee's Disability continues through that date,
                  or (ii) the day the Optionee's employment with the Corporation
                  ends after the last day of a personal leave of absence
                  immediately following such period of salary continuation,
                  provided, that the Optionee has a Disability on such date. If
                  the Optionee is involuntarily terminated because of job
                  elimination or facility closure (or other reason approved by
                  the Plan Administrator) while on a paid medical leave based on
                  a Disability or during a personal leave of absence immediately
                  following such medical leave, the Optionee will have a
                  Disability Retirement Date on the last day of the maximum
                  period during which salary continuation benefits from the
                  Corporation because of illness or injury would have been
                  authorized in accordance with its then-current medical leave
                  policy if he had not been terminated (in the case of
                  termination during a medical leave) or on the date of
                  termination (in the case of termination during the personal
                  leave of absence), provided that he still has a Disability on
                  such date.

         (j)      Early Retirement Date means the Optionee's last day of active
                  employment by the Corporation after having attained at least
                  age 55 (but not age 62) and having accrued at least 10 years
                  of service for vesting purposes as determined in accordance
                  with the provisions of the Georgia-Pacific Corporation Savings
                  and Capital Growth Plan (or any successor tax-qualified
                  retirement plan maintained for salaried employees of the
                  Corporation).

         (k)      Exercise Amount means the sum of (a) the Option Price
                  multiplied by the number of vested options being exercised
                  plus (b) an amount sufficient to pay all applicable FICA and
                  withholding taxes on (i) the value of any dividend
                  equivalents, and (ii) the difference between the Fair Market
                  Value of Timber Group Stock for which the vested options are
                  being exercised (determined as of the exercise date) and their
                  Option Price, as calculated by the Plan Administrator or the
                  Agent, if any.

         (l)      Expiration Date means the tenth anniversary of the Grant Date,
                  unless an earlier Expiration Date is established by operation
                  of Section 5 of this Agreement.

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         (m)      Fair Market Value is the mean between the high and low sales
                  prices of a share of Timber Group Stock on a particular date,
                  as reported in The Wall Street Journal, New York Stock
                  Exchange - Composite Transactions, or as reported in any
                  successor quotation system adopted prospectively for this
                  purpose by the Plan Administrator in its discretion. If the
                  date of determination is not a trading date on the New York
                  Stock Exchange, Fair Market Value shall be determined using
                  the high and low sales prices of a share of Timber Group Stock
                  on the next preceding trading date. The Fair Market Value of
                  Timber Group Stock shall be rounded to the nearest whole cent
                  (with 0.5 cent being rounded to the next higher whole cent).

         (n)      Grant Date means the date set forth on the first page of this
                  Agreement, upon which the options described in this Agreement
                  were granted to the Optionee.

         (o)      Normal Retirement Date means the Optionee's last day of active
                  employment by the Corporation after having attained (i) at
                  least age 62 (but not age 65) and at least 10 years of service
                  for vesting purposes as determined in accordance with the
                  provisions of the Georgia-Pacific Corporation Savings and
                  Capital Growth Plan (or any successor tax-qualified retirement
                  plan maintained for salaried employees of the Corporation) or
                  (ii) at least age 65.

         (p)      Option Price means the price per share set forth on the first
                  page of this Agreement.

         (q)      Optionee means the employee of the Corporation named on the
                  first page of this Agreement.

         (r)      Plan means the Georgia-Pacific Corporation/Timber Group 1997
                  Long-Term Incentive Plan, as adopted by the Board of Directors
                  on September 17, 1997, and approved by the Corporation's
                  shareholders on December 16, 1997, and as amended from time to
                  time.

         (s)      Plan Administrator means the Committee, provided, however,
                  that to the extent permitted by the Plan and authorized by the
                  Committee, the Chief Executive Officer of the Georgia-Pacific
                  Corporation may act on behalf of the Committee in executing
                  the duties and responsibilities of the Plan Administrator.

         (t)      Representative means, in the event of the Optionee's
                  Disability, his duly authorized legal guardian or
                  representative; or, in the event of the Optionee's death, his
                  estate, personal representative, or beneficiary as designated
                  pursuant to Section 6(e).

         (u)      Timber Group Stock means the class of the Corporation's common
                  stock, par value $0.80 per share, which has been designated by
                  the Corporation as the Georgia-Pacific Corporation--Timber
                  Group Common Stock.

         (v)      Total Shares Under Option means the number of options granted
                  to the Optionee as set forth on the first page of this
                  Agreement.

         (w)      Vesting Date means any one of the dates upon which options
                  granted to the Optionee under this Agreement become
                  exercisable in accordance with this Agreement.

2.       Option Grant. Subject to the terms and conditions of this Agreement,
         the Corporation hereby grants an option to the Optionee to purchase
         from the Corporation, at the

                                      -3-
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         Option Price, the number of shares of Timber Group Stock equal to the
         Total Shares Under Option. This option includes the right, upon
         exercise of such option, to receive a dividend equivalent in the form
         of additional shares of Timber Group Stock equal to 50% of the value of
         the dividends declared and paid on the Total Shares Under Option from
         the Grant Date through the exercise date.

3.       Vesting.

         (a)      Regular Vesting. Except as stated in Sections 3(b) and 3(c) of
                  this Agreement, the Optionee shall become vested in a
                  percentage of the Total Shares Under Option in accordance with
                  the following schedule:

         ----------------------------------- ----------------------------
                VESTING DATE                   PERCENTAGE OF TOTAL SHARES
                                                       UNDER OPTION
         ----------------------------------- ----------------------------
         First anniversary of Grant Date                    34%
         ----------------------------------- ----------------------------
         Second anniversary of Grant Date                   33%
         ----------------------------------- ----------------------------
         Third anniversary of Grant Date                    33%
         ----------------------------------- ----------------------------

The number of options granted to the Optionee under this Agreement which become
vested on a Vesting Date in accordance with the above schedule will be
determined by multiplying the Total Shares Under Option by the percentage
specified in the above schedule, and then rounding the resulting number up to
the nearest whole number, provided that the aggregate number of the Optionee's
vested options under this Agreement shall not exceed the Total Shares Under
Option.

         (b)      Accelerated Vesting. Notwithstanding the vesting schedule
                  specified in Section 3(a) of this Agreement, the Total Shares
                  Under Option shall become 100% vested upon the earliest to
                  occur of the following Vesting Dates:

                  (i)      the Optionee's Normal Retirement Date;

                  (ii)     the Optionee's Disability Retirement Date;

                  (iii)    the date of the Optionee's death prior to his
                           termination of employment from the Corporation;

                  (iv)     the date of a Change of Control; or

                  (v)      subject to the approval of the Plan Administrator,
                           the Optionee's Early Retirement

                                      -4-
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                           Date or the date of the Optionee's involuntary
                           termination of employment from the Corporation, in
                           either case due to (A) job elimination, (B)
                           plant closure, or (C) such other reason as may be
                           specifically approved by the Plan Administrator.

If more than one of the accelerated vesting rules specified in this Section 3(b)
can apply to the Optionee, the Optionee may elect in writing which vesting rule
will apply. The vesting rule elected by the Optionee will determine the
Expiration Date for the options affected by such accelerated vesting. If the
Optionee fails to make such an election within 30 days after being notified by
the Plan Administrator, the Optionee will be deemed to have elected the
available accelerated vesting rule which, first, vests the most options in the
Optionee or, second (if each accelerated vesting rule vests the same number of
options), provides the longest exercise period. Notwithstanding anything in this
Agreement to the contrary, except as otherwise provided in this Agreement in the
case of a Disability Retirement Date which occurs after Optionee's termination
of employment with the Company, no Vesting Date will occur - and no options may
vest - following termination of employment with the Company.

         (c)      Termination for Cause. Notwithstanding anything in this
                  Agreement to the contrary, if the Corporation terminates the
                  Optionee's employment for Cause prior to a Change of Control,
                  this Agreement shall be terminated and all options granted to
                  the Optionee under this Agreement shall be forfeited,
                  regardless of whether a Vesting Date has occurred on or before
                  such termination date, unless and to the extent that the Plan
                  Administrator determines that such forfeiture would violate
                  applicable law.

4.       Exercise of Options.

         (a)      General. Except as otherwise specified by the Plan
                  Administrator in accordance with Sections 4(d) and 4(e), the
                  Optionee (or his Representative, as the case may be) may
                  exercise the options granted under the Agreement, in whole or
                  in part, at any time on or after the Vesting Date for such
                  options and prior to their Expiration Date, by complying with
                  the procedures described in this Section 4. The Optionee shall
                  forfeit all rights to any option under this Agreement, whether
                  or not then vested, which is not exercised prior to its
                  Expiration Date.

         (b)      Exercise Procedure. The Optionee or his Representative (if
                  applicable) may exercise all or a portion of his vested
                  options under this Agreement by delivering notice to the
                  Agent, or by complying with any alternative procedure which
                  may be authorized by the Plan Administrator from time to time.
                  The notice to the Agent shall specify the number of shares of
                  Timber Group Stock that the Optionee desires to purchase by
                  exercise of his vested options, and shall include payment for
                  the Exercise Amount of such shares in one of the following
                  ways:

                  (i)      The Optionee may tender payment of the Exercise
                           Amount on the date of exercise in the form of cash,
                           certified check, bank draft, or postal or express
                           money order made payable to the order of the
                           Corporation and denominated in U.S. dollars; or

                                      -5-
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                  (ii)     The Optionee may tender payment of the Exercise
                           Amount on the date of exercise in the form of shares
                           of Timber Group Stock having a Fair Market Value on
                           the date of exercise equal to the Exercise Amount, if
                           such shares were acquired upon exercise of an option,
                           they must have been held by the Optionee for at least
                           six months at the time of tender; or

                  (iii)    The Optionee may tender payment of the Exercise
                           Amount on the date of exercise in a combination of
                           (A) shares of Timber Group Stock (subject to the
                           holding period described in paragraph (ii) above);
                           and (B) cash, certified check, bank draft, or postal
                           or express money order made payable to the order of
                           the Corporation and denominated in U.S. dollars,
                           equal to the difference between the Exercise Amount
                           and the Fair Market Value of the tendered shares of
                           Timber Group Stock on the date of exercise; or

                  (iv)     The Optionee may initiate a cashless exercise in
                           accordance with procedures promulgated by the Plan
                           Administrator or the Agent, if any.

                  (v)      The Optionee may tender payment of the Exercise
                           Amount on the date of exercise in accordance with
                           such other method as the Plan Administrator shall
                           authorize.

Within 30 days after the date of such exercise, the Agent shall make available
to the Optionee a certificate registered in the Optionee's name or a book entry
in a depository institution for the Optionee's account, representing the
aggregate number of shares of Timber Group Stock purchased by the Optionee as a
result of such exercise.

         (c)      Exercise of Options Following Optionee's Disability or Death.

                  (i)      Optionee's Disability. If the Optionee's Disability
                           occurs during a period in which he may exercise
                           options under this Agreement, the Optionee or, if
                           applicable, the Optionee's Representative may
                           exercise the options before their Expiration Date
                           with respect to any or all of the Total Shares Under
                           Option which are available for purchase under this
                           Agreement by the Optionee on his Disability
                           Retirement Date (taking into account the accelerated
                           vesting provisions of Section 3(b)) and which had not
                           been purchased by him prior to such date.

                  (ii)     Optionee's Death. If the Optionee's death occurs
                           during a period in which he may exercise options
                           under this Agreement, the Optionee's Representative
                           may exercise the options before their Expiration Date
                           with respect to any or all of the Total Shares Under
                           Option which are available for purchase under this
                           Agreement by the Optionee on the date of his death
                           (taking into account the accelerated vesting
                           provisions of Section 3(b)) and which had not been
                           purchased by him prior to his death.

                                      -6-
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         (d)      Exercise of Options During Leave of Absence. Notwithstanding
                  any provision of this Agreement to the contrary, if the
                  Optionee is on a leave of absence or is absent on military or
                  government service at any time on or after the Grant Date and
                  prior to the Expiration Date, the Optionee may not exercise
                  any part of the Total Shares Under Option prior to the date
                  the Optionee returns to active employment with the
                  Corporation, and vesting of any options under this Agreement
                  which would normally vest on a date during the absence shall
                  be postponed until the Optionee returns to active work at the
                  end of the absence (in which case, the date of return to
                  active employment shall be a Vesting Date). The provisions of
                  this subsection (d) shall not affect any of Optionee's rights
                  in the event of his death, Disability, Early Retirement or
                  Normal Retirement or in the event of a Change of Control
                  occurring during such an absence.

         (e)      Deferral of Exercise or Delivery of Shares. Notwithstanding
                  any provision in this Agreement to the contrary, if any law or
                  regulation of any governmental authority having jurisdiction
                  in the matter requires the Corporation, Plan Administrator,
                  Agent, Optionee, or Representative to take any action or
                  refrain from action in connection with the exercise of any
                  option under this Agreement or the delivery of shares of
                  Timber Group Stock to the Optionee, or to delay such exercise
                  or delivery, then the exercise or delivery of such shares
                  shall be deferred until such action has been taken or such
                  restriction on action has been removed.

5.       Special Rules Governing the Expiration Date. The Expiration Date for
         options granted to the Optionee under this Agreement shall be subject
         to the following special rules:

         (a)      Termination of Employment. If the Optionee voluntarily or
                  involuntarily terminates employment with the Corporation (for
                  reasons other than death, Change of Control or having reached
                  his Normal Retirement Date, Early Retirement Date or
                  Disability Retirement Date), the Expiration Date for
                  exercising any options under this Agreement which were vested
                  as of his date of termination shall be the 90th day after the
                  date of such termination; provided that if the Optionee has a
                  Disability or dies, or a Change of Control occurs, prior to
                  such 90th day, the Expiration Date for the Optionee's options
                  under this Agreement which were vested as of his date of
                  termination shall be the Expiration Date applicable to such
                  Disability (subject to the rules stated in Section 5(d)),
                  death, or Change of Control, whichever is applicable.

         (b)      Normal Retirement. If the Optionee terminates employment with
                  the Corporation on his Normal Retirement Date, the Expiration
                  Date for exercising his vested options under this Agreement
                  shall be the last day of the 60th month after the end of the
                  month in which the Optionee's Normal Retirement Date occurs.

         (c)      Early Retirement. If the Optionee terminates employment with
                  the Corporation on his Early Retirement Date, the Expiration
                  Date for exercising his vested options under this Agreement
                  shall be the last day of the 60th month after the end of the
                  month in which the Optionee's Early Retirement Date occurs.

         (d)      Disability or Disability Retirement. If the Optionee
                  terminates employment with the Corporation on his Disability
                  Retirement Date, the Expiration Date for exercising his vested
                  options under this Agreement shall be the last day of the 36th
                  month after the end

                                      -7-
<PAGE>

                  of the month in which the Optionee's Disability Retirement
                  Date occurs. If the Optionee has a Disability before the 90th
                  day after terminating employment with the Corporation (for
                  reasons other than having reached his Normal Retirement Date,
                  Early Retirement Date, or Disability Retirement Date) and such
                  Disability continues through the end of the initial 90-day
                  period, the Expiration Date for exercising his vested options
                  under this Agreement shall be the last day of the 36th month
                  after the end of the month in which the Optionee's Disability
                  occurs.

         (e)      Optionee's Death. If the Optionee dies while actively employed
                  by the Corporation or prior to the 90th day after the
                  Optionee's termination of employment with the Corporation (for
                  reasons other than having reached his Normal Retirement Date,
                  Early Retirement Date, or Disability Retirement Date), the
                  Expiration Date for exercising his vested options under this
                  Agreement shall be the last day of the 36th month after the
                  end of the month in which the Optionee's death occurs.

         (f)      Change of Control. The Expiration Date for all of the
                  Optionee's vested options shall be the tenth anniversary of
                  the Grant Date if a Change of Control takes place (i) while
                  the Optionee is actively employed by the Corporation; (ii)
                  prior to the 90th day after the Optionee terminates employment
                  with the Corporation; or (iii) prior to the 90th day after the
                  Optionee terminates his employment with the Corporation on his
                  Normal Retirement Date, Early Retirement Date, Disability
                  Retirement Date or date of death.

         (g)      Maximum Expiration Date. Notwithstanding any provision in
                  Section 5 of the Agreement to the contrary, no Expiration Date
                  may extend beyond the tenth anniversary of the Grant Date.

         (h)      Termination Date. The Optionee's date of termination of
                  employment from the Corporation shall be deemed for purposes
                  of this Agreement to be the later of (i) his last day of
                  active work for the Corporation or (ii) his last day on the
                  active employee payroll of the Corporation, provided, however,
                  that for all purposes of this Agreement, the Optionee shall be
                  deemed actively at work during any period the Optionee is on
                  approved paid medical leave.

6.       General Provisions. The Optionee acknowledges that he has read,
         understands and agrees with all of the provisions in this Agreement and
         the Plan, including (but not limited to) the following:

         (a)      Authority of Plan Administrator. The Plan Administrator shall
                  have the authority to administer the Agreement and the Plan;
                  to make all determinations with respect to the construction
                  and application of the Agreement, the Plan, and the
                  resolutions of the Board of Directors establishing the Plan;
                  to adopt and revise rules relating to the Agreement and the
                  Plan; to hire the Agent with respect to its administrative
                  responsibilities under the Agreement and the Plan; and to make
                  other determinations which it believes are necessary or
                  advisable for the administration of the Agreement and the
                  Plan. Any dispute or disagreement which arises under this
                  Agreement or the Plan shall be resolved by the Plan
                  Administrator in its absolute discretion. Any such
                  determination, interpretation, resolution, or other action by
                  the Plan Administrator shall be final, binding and conclusive
                  with respect to the Optionee and all other persons affected
                  thereby.

                                      -8-
<PAGE>

         (b)      Notices. Any notice which is required or permitted under this
                  Agreement shall be in writing (unless otherwise specified in
                  the Agreement or in a writing from the Corporation or the
                  Agent to the Optionee), and delivered personally or by mail,
                  postage prepaid, addressed as follows: (i) if to the
                  Corporation or the Agent, at l33 Peachtree Street, N.E.,
                  Atlanta, Georgia 30303, Attention: Compensation Department, or
                  at such other address as the Corporation or the Agent by
                  notice to the Optionee may have designated from time to time;
                  (ii) if to the Optionee, at the address indicated in the
                  Optionee's then-current personnel records, or at such other
                  address as the Optionee by notice to the Corporation may have
                  designated from time to time. Such notice shall be deemed
                  given upon receipt.

         (c)      Taxation. The Optionee shall be responsible for all applicable
                  withholding taxes and the employee share of FICA taxes with
                  respect to compensation income generated upon the exercise or
                  surrender of his vested options under this Agreement.

         (d)      Nontransferability. This Agreement and the options granted to
                  the Optionee hereto shall be nontransferable and shall not be
                  sold, hypothecated or otherwise assigned or conveyed by the
                  Optionee to any other person, except as specifically permitted
                  in this Agreement. No assignment or transfer of this Agreement
                  or the rights represented thereby, whether voluntary or
                  involuntary, or by operation of law or otherwise, shall vest
                  in the assignee or transferee any interest or right
                  whatsoever, except as specifically permitted in this
                  Agreement. The Agreement shall terminate, and be of no force
                  or effect, immediately upon any attempt to assign or transfer
                  the Agreement or any of the options to which the Agreement
                  applies.

         (e)      Designation of Beneficiary. The Optionee may designate a
                  person or persons to receive, in the event of his death, any
                  rights to which he would be entitled under this Agreement.
                  Such a designation shall be filed with the Agent in accordance
                  with uniform procedures specified by the Plan Administrator.
                  The Optionee may change or revoke a beneficiary designation at
                  any time by filing a written statement of such change or
                  revocation with the Agent in accordance with uniform
                  procedures specified by the Plan Administrator. No beneficiary
                  designation or change of beneficiary designation will be
                  effective until notice thereof is received. If an Optionee
                  fails to designate a beneficiary or if the beneficiary
                  predeceases the Optionee, the Optionee shall be deemed not to
                  have a beneficiary for purposes of this Agreement.

         (f)      No Shareholder Rights. The Optionee shall have no rights as a
                  shareholder of the Corporation, and shall not be deemed to be
                  a shareholder of the Corporation for any purpose, as a result
                  of the options granted to the Optionee under this Agreement,
                  until the earliest of the following dates: (i) the date that
                  the Corporation receives payment in full of the Exercise Price
                  for shares of Timber Group Stock because an option has been
                  exercised in accordance with this Agreement; or (ii) the date
                  that shares of Timber Group Stock have been issued or
                  transferred to the Optionee following the exercise of an
                  option in accordance with this Agreement. The Optionee shall
                  not be entitled to any dividends or other rights for which the
                  record date is prior to the date of such issuance, transfer,
                  or receipt.

         (g)      Not an Employment Contract. This Agreement shall not be deemed
                  to limit or restrict the right of the Corporation to terminate
                  the Optionee's employment at any time, for any reason, with or
                  without Cause, or to limit or restrict the right of the
                  Optionee to terminate his employment with the Corporation at
                  any time.

                                      -9-
<PAGE>

         (h)      Corporate Restructuring/Capital Readjustments. Nothing in this
                  Agreement shall abridge the rights or powers of the
                  Corporation or its stockholders reserved to them in Section
                  9(a) of the Plan, and in the event of any extraordinary
                  transaction with respect to or affecting Timber Group Stock,
                  adjustments to the number of options granted in this Agreement
                  may be made in accordance with the provisions of Section 9(b)
                  of the Plan.

         (i)      Amendment or Termination. This Agreement may be amended or
                  terminated at any time by the mutual agreement and written
                  consent of the Optionee and the Plan Administrator, but only
                  to the extent permitted under the Plan.

         (j)      Not Considered Incentive Stock Options. The options granted
                  under this Agreement do not constitute and shall not be
                  construed to constitute "incentive stock options" with the
                  meaning of section 422 of the Code.

         (k)      Governing Instrument. This Agreement is subject to all terms
                  and conditions of the Plan and shall at all times be
                  interpreted in a manner that is consistent with the intent,
                  purposes, and specific language of the Plan.

         (l)      Severability. If any provision of this Agreement should be
                  held illegal or invalid for any reason by the Plan
                  Administrator or court of applicable jurisdiction, such
                  determination shall not affect the other provisions of this
                  Agreement, and it shall be construed as if such provision had
                  never been included herein.

         (m)      Headings/Gender. Headings in this Agreement are for
                  convenience only and shall not be construed to be part of this
                  Agreement. Any reference to the masculine, feminine or neuter
                  gender shall be a reference to other genders as appropriate.

         (n)      Governing Law. This Agreement shall be construed, and its
                  provisions enforced and administered, in accordance with the
                  laws of the State of Georgia and, where applicable, federal
                  law.

IN WITNESS WHEREOF, the Corporation has caused this Agreement to be executed by
its duly authorized officers under its corporate seal, and the Optionee has
executed this Agreement, as of the day and year first above written.

                                      -10-
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                                         GEORGIA-PACIFIC CORPORATION

                                         By: /s/ A.D.CORRELL
                                            ------------------------------
                                            A. D. Correll
                                            Chairman, Chief Executive Officer
                                                and President

ATTEST:

/s/ KENNETH F. KHOURY
--------------------------------
Kenneth F. Khoury
Secretary

                                    OPTIONEE

        NOTE: PLEASE COMPLETE THE ATTACHED ACKNOWLEDGMENT OF RECEIPT AND
                BENEFICIARY DESIGNATION FORM AND RETURN THEM TO:

                               FIRST CHICAGO TRUST
                        GEORGIA-PACIFIC STOCK OPTION PLAN
                           "PERSONAL AND CONFIDENTIAL"
                                 P. O. BOX 2585
                           JERSEY CITY, NJ 07302-2585

<PAGE>

           ACKNOWLEDGMENT OF RECEIPT AND BENEFICIARY DESIGNATION FORM

         Under the terms of the Georgia-Pacific Corporation/Timber Group 1997
Long-Term Incentive Plan ("1997 Timber Group LTIP"), you have the right to
designate a beneficiary to exercise certain rights that may arise under those
grants in the event of your death. IF YOU DO NOT DESIGNATE A BENEFICIARY IN
WRITING, THESE RIGHTS WILL PASS TO YOUR ESTATE UPON YOUR DEATH. In order to
allow you to decide affirmatively which outcome you desire and, in the event you
prefer to designate a beneficiary or beneficiaries other than your estate, to
name that beneficiary or those beneficiaries, the Corporation has provided this
form, which you may use to designate in writing the beneficiary(ies) you desire.
Of course, you may revoke and change your beneficiary designations at any time
by notifying First Chicago Trust in writing at the address indicated below.

         PLEASE TAKE TIME TO FILL OUT THIS FORM AND RETURN IT TO FIRST CHICAGO
TRUST AT THE FOLLOWING ADDRESS: FIRST CHICAGO TRUST, GEORGIA-PACIFIC STOCK
OPTION PLAN, "PERSONAL AND CONFIDENTIAL", P. O. BOX 2585, JERSEY CITY, NJ
07302-2585. BENEFICIARY DESIGNATIONS OR MODIFICATIONS OF BENEFICIARY
DESIGNATIONS SENT TO ANY OTHER ADDRESS WILL NOT BE EFFECTIVE UNTIL ACTUALLY
RECEIVED BY FIRST CHICAGO TRUST. THE CORPORATION HAS NO RESPONSIBILITY FOR
BENEFICIARY DESIGNATION FORMS WHICH ARE NOT SUBMITTED AS INDICATED ABOVE.

NOTE: You may designate multiple beneficiaries, in which case those living at
the time of your death will equally share the rights accorded to a beneficiary
for the particular grant(s) in question.

[ ] I designate my estate as my beneficiary under my 2000 grant under the 1997
    Timber Group LTIP.

[ ] I designate the following person(s) as my beneficiary(ies) under my 2000
    grant under the 1997 Timber Group LTIP:

------------------ ---------------- ---------------------- ------------------
       NAME            ADDRESS       RELATIONSHIP TO YOU    SOCIAL SECURITY
                                                               NUMBER (IF
                                                                 KNOWN)
------------------ ---------------- ---------------------- ------------------

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

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

I ACKNOWLEDGE RECEIPT OF THE EXECUTED OPTION AGREEMENT EVIDENCING MY JANUARY 21,
2000, STOCK OPTION GRANT UNDER THE GEORGIA-PACIFIC CORPORATION/TIMBER GROUP 1997
LONG-TERM INCENTIVE PLAN AND CONFIRM THAT THE BENEFICIARY(IES) DESIGNATED ABOVE
HAVE BEEN SELECTED BY ME IN FREE EXERCISE OF MY OWN DISCRETION.

Signature:____________________________

Printed Name:________________________

Date:________________________________EXHIBIT 10.15

                             JOINT VENTURE AGREEMENT

                                      AMONG

                          GEORGIA-PACIFIC CORPORATION,

                             CHESAPEAKE CORPORATION,

                        WISCONSIN TISSUE MILLS INC., AND

                           GEORGIA-PACIFIC TISSUE, LLC

                           DATED AS OF OCTOBER 4, 1999

<PAGE>

                            TABLE OF CONTENTS

ARTICLE I ORGANIZATION OF THE COMPANY.......................................1

   1.1 FORMATION OF THE COMPANY.............................................1

ARTICLE II CONTRIBUTION OF THE BUSINESSES...................................2

   2.1 CONTRIBUTION OF ASSETS; ASSUMPTION OF LIABILITIES....................2
   2.2 RETAINED G-P ASSETS AND LIABILITIES..................................3
   2.3 RETAINED WISCO ASSETS AND LIABILITIES................................3
   2.4 CLOSING OF TRANSACTION...............................................3
   2.5 POST-CLOSING ADJUSTMENT..............................................6
   2.6 TRANSFER TAXES AND RECORDING FEES....................................9
   2.7 REQUIRED CONSENTS....................................................9
   2.8 OWNERSHIP OF THE COMPANY; SPECIAL DISTRIBUTION......................10

ARTICLE III REPRESENTATIONS AND WARRANTIES OF CSK PARTIES..................10

   3.1 ORGANIZATION AND QUALIFICATION......................................11
   3.2 CORPORATE AUTHORIZATION.............................................11
   3.3 CONSENTS AND APPROVALS..............................................11
   3.4 NON-CONTRAVENTION...................................................11
   3.5 BINDING EFFECT......................................................12
   3.6 FINANCIAL STATEMENTS: ABSENCE OF CERTAIN CHANGES....................12
   3.7 LITIGATION AND CLAIMS...............................................13
   3.8 TAXES...............................................................13
   3.9 EMPLOYEES, PENSION AND OTHER BENEFIT PLANS..........................14
   3.10 COMPLIANCE WITH LAWS...............................................17
   3.11 ENVIRONMENTAL MATTERS..............................................17
   3.12 INTELLECTUAL PROPERTY..............................................18
   3.13 LABOR MATTERS......................................................19
   3.14 CONTRACTS..........................................................20
   3.15 REAL ESTATE LEASES.................................................21
   3.16 ENTIRE BUSINESS; TITLE TO PROPERTY.................................21
   3.17 FINDER'S FEES......................................................22
   3.18 INSURANCE..........................................................22
   3.19 NO UNDISCLOSED LIABILITIES.........................................22
   3.20 NO MATERIAL ADVERSE CHANGE.........................................23
   3.21 INDEBTEDNESS FOR BORROWED MONEY....................................24
   3.22 KNOWLEDGE AS OF CLOSING DATE.......................................24
   3.23 NO OTHER REPRESENTATIONS OR WARRANTIES.............................24

ARTICLE IV REPRESENTATIONS AND WARRANTIES OF G-P...........................25

   4.1 ORGANIZATION AND QUALIFICATION......................................25
   4.2 CORPORATE AUTHORIZATION.............................................25
<PAGE>

   4.3 CONSENTS AND APPROVALS..............................................25
   4.4 NON-CONTRAVENTION...................................................25
   4.5 BINDING EFFECT......................................................26
   4.6 FINANCIAL STATEMENTS: ABSENCE OF CERTAIN CHANGES....................26
   4.7 LITIGATION AND CLAIMS...............................................27
   4.8 TAXES...............................................................27
   4.9 EMPLOYEES, PENSION AND OTHER BENEFIT PLANS..........................28
   4.10 COMPLIANCE WITH LAWS...............................................30
   4.11 ENVIRONMENTAL MATTERS..............................................30
   4.12 INTELLECTUAL PROPERTY..............................................31
   4.13 LABOR MATTERS......................................................31
   4.14 CONTRACTS..........................................................32
   4.15 REAL ESTATE LEASES.................................................33
   4.16 ENTIRE BUSINESS; TITLE TO PROPERTY.................................33
   4.17 FINDER'S FEES......................................................33
   4.18 INSURANCE..........................................................33
   4.19 NO UNDISCLOSED LIABILITIES.........................................34
   4.20 NO MATERIAL ADVERSE CHANGE.........................................34
   4.21 INDEBTEDNESS FOR BORROWED MONEY....................................36
   4.22 KNOWLEDGE AS OF CLOSING DATE.......................................36
   4.23 ORGANIZATION OF COMPANY............................................36
   4.24 AUTHORIZATION OF COMPANY...........................................36
   4.25 ACTIVITIES OF COMPANY..............................................36
   4.26 NO OTHER REPRESENTATIONS OR WARRANTIES.............................36

ARTICLE V COVENANTS........................................................36

   5.1 COVENANTS REGARDING EMPLOYEES.......................................36
   5.2 COMPLIANCE WITH WARN AND SIMILAR LAWS...............................37
   5.3 FURTHER ASSURANCES..................................................37
   5.4 USE OF G-P INTELLECTUAL PROPERTY AND CSK MARKS......................37
   5.5 CERTAIN MATTERS RELATED TO RETAINED AND ASSUMED LIABILITIES.........37
   5.6 INTERCOMPANY AGREEMENTS.............................................37
   5.7 RECORDS AND RETENTION AND ACCESS....................................38
   5.8 INSURANCE...........................................................38
   5.9 SPECIAL CSK RETAINED LIABILITY......................................39
   5.10 PREPARATION OF REGISTRATION STATEMENT..............................39
   5.11 USE OF WISCO NAME..................................................39
   5.12 PRORATION OF CERTAIN CHARGES.......................................39

ARTICLE VI CONDITIONS TO CLOSING...........................................40

   [Intentionally Deleted].................................................40

ARTICLE VII SURVIVAL; INDEMNIFICATION......................................40

   7.1 SURVIVAL............................................................40
   7.2 INDEMNIFICATION BY G-P..............................................40
   7.3 INDEMNIFICATION BY CSK..............................................41
   7.4 INDEMNIFICATION BY THE COMPANY......................................42
   7.5 INDEMNIFICATION PROCEDURES..........................................42
   7.6 ACKNOWLEDGMENT REGARDING ENVIRONMENTAL LIABILITIES..................44
   7.7 CHARACTERIZATION OF INDEMNIFICATION PAYMENTS........................44
<PAGE>

ARTICLE VIII TAX COVENANTS.................................................45

   8.1 LIABILITY FOR TAXES.................................................45
   8.2 PREPARATION OF TAX RETURNS..........................................46
   8.3 AMENDED TAX RETURNS.................................................48
   8.4 CARRY BACKS AND CARRY FORWARDS......................................48
   8.5 ADDITIONAL TAX MATTERS..............................................49
   8.6 TAX CONTROVERSIES; COOPERATION......................................50

ARTICLE IX TERMINATION.....................................................51

   [Intentionally Deleted].................................................51

ARTICLE X MISCELLANEOUS....................................................51

   10.1 NOTICES............................................................51
   10.2 AMENDMENT; WAIVER..................................................52
   10.3 ASSIGNMENT.........................................................52
   10.4 ENTIRE AGREEMENT...................................................52
   10.5 FULFILLMENT OF OBLIGATIONS.........................................52
   10.6 PARTIES IN INTEREST................................................52
   10.7 PUBLIC DISCLOSURE..................................................53
   10.8 EXPENSES...........................................................53
   10.9 SCHEDULES..........................................................53
   10.10 BULK TRANSFER LAWS................................................53
   10.11 GOVERNING LAW; SUBMISSION TO JURISDICTION; SELECTION OF FORUM.....53
   10.12 COUNTERPARTS......................................................53
   10.13 HEADINGS..........................................................53
   10.14 SEVERABILITY......................................................54
   10.15 INJUNCTIVE RELIEF.................................................54

ARTICLE XI DEFINITIONS AND TERMS...........................................54

   11.1 SPECIFIC DEFINITIONS...............................................54
   11.2 OTHER TERMS........................................................70
   11.3 OTHER DEFINITIONAL PROVISIONS......................................70

<PAGE>

                             JOINT VENTURE AGREEMENT

         This JOINT VENTURE AGREEMENT (the "Agreement") dated as of October 4,
1999, among Chesapeake Corporation, a Virginia corporation ("CSK"), Wisconsin
Tissue Mills Inc., a Delaware corporation and a wholly owned subsidiary of CSK
("WISCO"), Georgia-Pacific Corporation, a Georgia corporation ("G-P"), and
Georgia-Pacific Tissue, LLC, a Delaware limited liability company (the
"Company").

                             PRELIMINARY STATEMENTS

         WHEREAS, G-P is engaged, in part, in the business of producing,
selling, licensing and manufacturing tissue products for the "away from home"
markets and certain related products (the "Commercial Tissue Business");

         WHEREAS, G-P has determined that it will contribute certain assets and
liabilities of its Commercial Tissue Business to the Company;

         WHEREAS, WISCO is engaged in the Commercial Tissue Business through
WISCO and its Contributed Subsidiaries (the "WISCO Business"); and

         WHEREAS, G-P and CSK have determined that it is in the best interests
of their respective shareholders to engage in the Commercial Tissue Business
through a joint venture.

         NOW, THEREFORE, G-P, the CSK Parties and the Company agree as follows:

                                    ARTICLE I
                           ORGANIZATION OF THE COMPANY

1.1      FORMATION OF THE COMPANY. G-P has caused each of the following to
         occur:

         (a)      ORGANIZATION OF THE COMPANY. The Company is organized as a
                  limited liability company under the laws of the State of
                  Delaware.

         (b)      ORGANIZATIONAL DOCUMENTS. The Company's Certificate of
                  Formation was filed with the Secretary of State of Delaware, a
                  copy of which is set forth as Exhibit 1.1A hereto.

                                   ARTICLE II
                         CONTRIBUTION OF THE BUSINESSES

                                       1
<PAGE>

2.1      CONTRIBUTION OF ASSETS; ASSUMPTION OF LIABILITIES. On the terms and
         subject to the conditions set forth herein and in the Ancillary
         Agreements, at the Closing the parties shall take the following
         actions, which shall be deemed to take place simultaneously with the
         execution of this Agreement as part of the Closing:

         (a)      WISCO CONTRIBUTION; ASSUMPTION OF LIABILITIES. (i) WISCO shall
                  contribute, convey, transfer, assign and deliver to the
                  Company, and the Company shall accept and acquire from WISCO,
                  all right, title and interest of the CSK Parties in and to the
                  WISCO Contributed Assets, free and clear of all Encumbrances
                  (other than Permitted Encumbrances); and (ii) WISCO shall
                  assign to the Company and the Company shall assume and agree
                  to pay, honor, discharge and perform the WISCO Assumed
                  Liabilities. The parties agree that the WISCO Assumed
                  Liabilities are intended to be, and the parties shall treat
                  them as, "qualified liabilities" under Section 1.707-5(a)(6)
                  of the Treasury Regulations unless different treatment is
                  required under applicable law.

         (b)      BORROWING BY THE COMPANY; SPECIAL DISTRIBUTION. The Company
                  will incur the Company Debt in such amounts and on such terms
                  as set forth on Exhibit 2.8A and will use the net proceeds of
                  the Company Debt solely (after deducting borrowing expenses
                  consisting of legal fees, accounting fees, printing fees,
                  filing fees and underwriting fees, not to exceed $8 million,
                  including refinancings and replacements thereof) to fund the
                  Special Distribution to WISCO in the amount of $755,200,000
                  which shall be declared and paid to WISCO immediately after
                  the contribution of the WISCO Contributed Assets in accordance
                  with Section 2.8 hereof. The parties agree that Company Debt
                  (other than amounts borrowed and used to pay expenses incurred
                  in connection with the related borrowing expenses) is
                  allocable to, and shall be allocated to, WISCO under Sections
                  1.752-2 and 1.707-5(b) of the Treasury Regulations.

         (c)      G-P CONTRIBUTION; ASSUMPTION OF LIABILITIES. (i) G-P shall
                  contribute, convey, transfer, assign and deliver to the
                  Company, and the Company shall accept and acquire from G-P,
                  all right, title and interest of G-P in and to the G-P
                  Contributed Assets, free and clear of all Encumbrances (other
                  than Permitted Encumbrances); and (ii) G-P shall assign to the
                  Company and the Company shall assume and agree to pay, honor,
                  discharge and perform the G-P Assumed Liabilities. The parties
                  agree that the G-P Assumed Liabilities are intended to be, and
                  the parties shall treat them as, "qualified liabilities" under
                  Section 1.707-5(a)(6) of the Treasury Regulations unless
                  different treatment is required under applicable law.

         (d)      ISSUANCE OF UNITS. The Company will issue to WISCO and G-P the
                  number of Units, evidencing their respective equity interests
                  in the Company, in accordance with Section 2.8(b) hereof.

                                       2
<PAGE>

         (e)      OPERATING AGREEMENT. G-P and WISCO shall enter into an
                  Operating Agreement, substantially in the form of Exhibit 2.1E
                  hereto, the terms of which shall govern the management and
                  operations of the Company.

2.2      RETAINED G-P ASSETS AND LIABILITIES. Notwithstanding anything herein to
         the contrary, (i) from and after the Closing each of G-P and its
         Affiliates shall retain all of its direct or indirect right, title and
         interest in and to, and there shall be excluded from the sale,
         conveyance, assignment or transfer to the Company hereunder, the G-P
         Retained Assets and the G-P Retained Liabilities, and (ii) the G-P
         Retained Liabilities shall not be assumed by the Company hereunder.

2.3      RETAINED WISCO ASSETS AND LIABILITIES. Notwithstanding anything herein
         to the contrary, (i) from and after the Closing each of the CSK Parties
         and their Affiliates shall retain all of its direct or indirect right,
         title and interest in and to, and there shall be excluded from the
         sale, conveyance, assignment or transfer to the Company hereunder, the
         WISCO Retained Assets and the WISCO Retained Liabilities, and (ii) the
         WISCO Retained Liabilities shall not be assumed by the Company
         hereunder.

2.4      CLOSING OF TRANSACTION. The Closing of the transactions contemplated by
         this Agreement shall take place at the offices of G-P at 10:00 a.m.
         (Atlanta time), on October 4, 1999, or at such other time and place as
         the parties hereto may mutually agree. The date on which the Closing
         occurs is called the "Closing Date." The Closing shall be deemed
         effective at 12:01 a.m. (Atlanta time), on October 3, 1999 (the
         "Effective Time"). To effect the steps set forth in Section 2.1 hereof,
         the parties shall execute and deliver to each other and to third
         parties, as appropriate, all documents reasonably necessary to effect
         the Closing. Without limiting the generality of the foregoing,

         (a)      CSK PARTIES' DELIVERIES. The appropriate CSK Parties shall
                  execute and deliver:

                  (i)      to the Company, limited warranty deeds, in form and
                           substance reasonably acceptable to G-P, transferring
                           all WISCO Owned Real Property to the Company;

                  (ii)     to the Company, assignments, or where necessary
                           subleases, in form and substance reasonably
                           acceptable to G-P, assigning or subleasing to the
                           Company all WISCO Real Property Leases;

                  (iii)    to the Company, assignments, in form and substance
                           reasonably acceptable to G-P, assigning to the
                           Company all WISCO Intellectual Property;

                                       3
<PAGE>

                  (iv)     to the Company, bills of sale, certificates of title,
                           assignments, and all other instruments of transfer,
                           in form and substance reasonably acceptable to G-P,
                           transferring to the Company all WISCO Contributed
                           Assets other than the WISCO Real Property or the
                           WISCO Intellectual Property which are being
                           transferred to the Company pursuant to the conveyance
                           documents described in clauses (i) - (iii) above;

                  (v)      to the Company, such instruments of assumption and
                           other instruments or documents, in form and substance
                           reasonably acceptable to G-P, as may be necessary to
                           effect assignment of the WISCO Assumed Liabilities to
                           the Company;

                  (vi)     to the Company or G-P, as appropriate, a duly
                           executed copy of each of the Ancillary Agreements to
                           which any CSK Party is a party;

                  (vii)    to G-P and the Company, the opinion of Hunton &
                           Williams, counsel to the CSK Parties, substantially
                           in the form of Exhibit 2.4A(vii) hereto;

                  (viii)   to the Company, evidence reasonably satisfactory to
                           G-P that all Encumbrances other than Permitted
                           Encumbrances on any of the WISCO Contributed Assets
                           have been released;

                  (ix)     to the Company, stock certificates or other evidence
                           of ownership of each of the Contributed Subsidiaries,
                           in each case duly endorsed for transfer to the
                           Company;

                  (x)      to G-P and the Company from WISCO, a duly executed
                           Operating Agreement;

                  (xi)     to G-P, the WISCO Debt Indemnity;

                  (xii)    to G-P, current title reports for all WISCO owned
                           Real Property;

                  (xiii)   to G-P, evidence that all officers (other than
                           officers of WMex) and directors of the WISCO
                           Contributed Subsidiaries have resigned, effective as
                           of the Closing, except as G-P shall otherwise
                           request; and

                  (xiv)    to G-P and/or the Company, as appropriate, such other
                           instruments or documents, in form and substance
                           reasonably acceptable to G-P, as may be necessary to
                           effect the Closing and the contribution of the WISCO
                           Contributed Assets in accordance with this Agreement.

                                       4
<PAGE>

             (b)           G-P DELIVERIES.  G-P shall execute and deliver:

                           (i)      to the Company, limited warranty deeds, in
                                    form and substance reasonably acceptable to
                                    WISCO, transferring all G-P Owned Real
                                    Property to the Company;

                           (ii)     to the Company, assignments, or where
                                    necessary subleases, in form and substance
                                    reasonably acceptable to WISCO, assigning or
                                    subleasing to the Company all G-P Real
                                    Property Leases;

                           (iii)    to the Company, a royalty free license,
                                    substantially in the form set forth in
                                    Schedule 5.4, licensing to the Company the
                                    G-P Intellectual Property;

                           (iv)     to the Company, bills of sale, certificates
                                    of title, assignments, and all other
                                    instruments of transfer, in form and
                                    substance reasonably acceptable to WISCO,
                                    transferring to the Company all G-P
                                    Contributed Assets other than the G-P Real
                                    Property or the G-P Intellectual Property
                                    which are being transferred or licensed to
                                    the Company pursuant to the conveyance
                                    documents described in clauses (i) - (iii)
                                    above;

                           (v)      to the Company, such instruments of
                                    assumption and other instruments or
                                    documents, in form and substance reasonably
                                    acceptable to WISCO, as may be necessary to
                                    effect assignment of the G-P Assumed
                                    Liabilities to the Company;

                           (vi)     to the Company or WISCO, as appropriate, a
                                    duly executed copy of each of the Ancillary
                                    Agreements, including the G-P Guarantee, to
                                    which G-P is a party;

                           (vii)    to the Company, WISCO and CSK, a copy of the
                                    opinion of the General Counsel of G-P,
                                    substantially in the form of Exhibit
                                    2.4B(vii) hereto;

                           (viii)   to the Company, evidence reasonably
                                    satisfactory to WISCO that all Encumbrances
                                    other than Permitted Encumbrances on any of
                                    the G-P Contributed Assets have been
                                    released;

                           (ix)     to WISCO and the Company, a duly executed
                                    Operating Agreement;

                           (x)      to WISCO, current title reports for all G-P
                                    owned Real Property; and

                           (xi)     to WISCO and/or the Company, as appropriate,
                                    such other

                                       5
<PAGE>

                                    instruments or documents, in form and
                                    substance reasonably acceptable to WISCO, as
                                    may be necessary to effect the Closing and
                                    the contribution of the G-P Contributed
                                    Assets in accordance with this Agreement.

                  (c)      DELIVERIES BY THE COMPANY. The Company shall execute
                           and deliver:

                           (i)      to the CSK Parties and G-P, such instruments
                                    of assumption and other instruments or
                                    documents, in form and substance reasonably
                                    acceptable to WISCO and G-P, as may be
                                    necessary to effect the Company's assumption
                                    of the Assumed Liabilities;

                           (ii)     to G-P or the CSK Parties, as appropriate, a
                                    duly executed copy of each of the Ancillary
                                    Agreements to which the Company is a party;

                           (iii)    to G-P, certificates representing the number
                                    of Units issuable to G-P as determined in
                                    accordance with Section 2.8 hereof;

                           (iv)     to WISCO, certificates representing the
                                    number of Units issuable to WISCO as
                                    determined in accordance with Section 2.8
                                    hereof;

                           (v)      to WISCO, the Special Distribution; and

                           (vi)     to G-P and WISCO, as appropriate, such other
                                    instruments or documents, in form and
                                    substance reasonably acceptable to WISCO and
                                    G-P, as may be necessary to effect the
                                    Closing.

2.5      POST-CLOSING ADJUSTMENT

                                       6
<PAGE>

         (a)      Within 90 days following the Closing, the Company shall
                  prepare, or cause to be prepared, and deliver to G-P and WISCO
                  a statement (the "Closing Working Capital Statement") which
                  shall set forth the Working Capital of each of the G-P
                  Business and the WISCO Business as of the Determination Date
                  (the "Closing Working Capital"). The amounts so computed shall
                  be used to determine the final amount of the Working Capital
                  of each of the Businesses (the "Post-Closing Adjustment"). The
                  Closing Working Capital Statement shall be prepared in
                  accordance with GAAP using the same principles, practices and
                  procedures that were used in preparing the WISCO Financial
                  Statements and the G-P Financial Statements.

         (b)      G-P, WISCO and their respective accountants and the Company's
                  accountants shall have 30 days after the delivery of the
                  Closing Working Capital Statement to review the Closing
                  Working Capital Statement. In the event that G-P or WISCO
                  determines that the Closing Working Capital for either party,
                  as derived from the Closing Working Capital Statement, has not
                  been determined on the basis set forth in Section 2.5(a), G-P
                  or WISCO shall inform the other in writing (the "Objection"),
                  setting forth a specific description of the basis of the
                  Objection and the adjustments to the Closing Working Capital
                  which either G-P or WISCO believes should be made, which
                  Objection must be delivered to the other party on or before
                  the last day of such 30-day period. The party receiving an
                  Objection shall then have 30 days to review and respond to the
                  Objection. The parties shall attempt in good faith to reach an
                  agreement with respect to any matters in dispute. If the
                  parties are unable to resolve all of their disagreements with
                  respect to the determination of the foregoing items within 45
                  days following the delivery of an Objection, they shall refer
                  their remaining differences to Ernst & Young LLP or such other
                  firm mutually agreed to by the parties (the "CPA Firm"), who
                  shall, acting as experts and not as arbitrators, determine in
                  accordance with this Agreement, and only with respect to the
                  remaining differences so submitted, whether and to what
                  extent, if any, the Closing Working Capital as derived from
                  the Closing Working Capital Statement requires adjustment. The
                  parties shall direct the CPA Firm to use its best efforts to
                  render its determination within 30 days after such submission.
                  The CPA Firm's determination shall be conclusive and binding
                  upon G-P, WISCO and the Company. The fees and disbursements of
                  the CPA Firm shall be paid one-half by G-P and one-half by
                  WISCO. G-P, the Company and WISCO shall make readily available
                  to the CPA Firm all relevant Books and Records and any work
                  papers (including those of the parties' respective
                  accountants) Relating to the Closing Working Capital Statement
                  and all other items reasonably requested by the CPA Firm. The
                  "Final Working Capital Statement" shall be deemed to be (i)
                  the Closing Working Capital Statement in the event that no
                  Objection is delivered by G-P or WISCO during the 30-day
                  period specified above, or (ii) if an objection is

                                       7
<PAGE>

                  delivered by G-P or WISCO, the Closing Working Capital
                  Statement, as adjusted by either (A) the agreement of the
                  parties or (B) the CPA Firm.

         (c)      G-P and WISCO shall have the opportunity to participate in the
                  preparation of the Closing Working Capital Statement by (i)
                  observing the physical inventory taken in connection therewith
                  (which may begin prior to the Closing Date), (ii) attending
                  any audit planning meetings in connection therewith, (iii)
                  meeting with and discussing procedures with the Company and
                  its accountants, and (iv) otherwise having full access to all
                  information used by the Company in preparing the Closing
                  Working Capital Statement, including the Books and Records and
                  the work papers of its accountants (subject to execution of
                  any necessary waivers or indemnifications required by the
                  Company's accountants).

         (d)      In reviewing any Objection, G-P and WISCO and their respective
                  accountants shall have full access to all information used by
                  the other party in preparing such Objection, including the
                  work papers of the other party's and the Company's accountants
                  (subject to the reviewing party executing any necessary
                  waivers or indemnifications required by the objecting party's
                  accountants).

         (e)      If the Closing Working Capital of either Business as reflected
                  on the Final Working Capital Statement is less than
                  $32,515,000 with respect to the G-P Business or $73,218,000
                  with respect to the WISCO Business (the "Target Working
                  Capital"), then within 10 Business Days following issuance of
                  the Final Working Capital Statement, any party whose Closing
                  Working Capital is below its Target Working Capital shall (as
                  an additional contribution to the Company) make a payment in
                  immediately available funds to the Company equal to the
                  difference between such Business' Target Working Capital, plus
                  interest at the prime rate (as set forth in the "Money Rates"
                  section of The Wall Street Journal) on such amount from the
                  Closing Date through the date of payment. If the Closing
                  Working Capital of either Business as reflected on the Final
                  Working Capital Statement is greater than the Target Working
                  Capital of such Business, then within 10 Business Days
                  following issuance of the Final Working Capital Statement, the
                  Company shall refund such excess by (i) making a payment to
                  any party whose Closing Working Capital exceeded its Target
                  Working Capital, in immediately available funds, equal to such
                  excess to the extent of the sum of the amount of cash
                  theretofor contributed to the Company by such party plus the
                  amount of accounts receivable contributed by such party to and
                  collected by the Company, and (ii) if the excess is greater
                  than the amount described in (i), the remainder of the excess
                  shall be refunded by the Company's reassignment to such party
                  of accounts receivable (theretofor contributed by such party)
                  in an aggregate amount equal to such remainder. In addition,
                  the Company shall pay such party interest at the prime rate
                  (as

                                       8
<PAGE>

                  set forth in the "Money Rates" section of The Wall Street
                  Journal) on such excess from the Closing Date through the date
                  of payment.

         (f)      In preparing the Closing Working Capital Statement, (i)
                  liabilities of the Company Related to this transaction shall
                  not be treated as liabilities, and (ii) no liabilities or
                  reserves shall be established for matters for which G-P, CSK
                  or the Company is (or but for the Cap or the Deductible would
                  be) entitled to indemnification hereunder.

         (g)      Any payments made to or from the Company pursuant to Section
                  2.5(e) shall not result in any change in the value of either
                  party's Business as set forth in Section 2.8 hereof or either
                  party's Capital Account or Percentage Interest (as both terms
                  are defined in the Operating Agreement).

2.6      TRANSFER TAXES AND RECORDING FEES. Each party shall be responsible for
         any and all Taxes or fees imposed or incurred by reason of the transfer
         of its Contributed Assets and Assumed Liabilities hereunder and/or the
         filing or recording of any instruments necessary to effect the transfer
         of its Contributed Assets and Assumed Liabilities hereunder, regardless
         of when such Taxes or fees are levied or imposed, including sales, use,
         value-added, excise, real estate transfer, lease assignment, stamp,
         documentary and similar Taxes and fees (the "Transfer Cost"). To the
         extent under applicable law the transferee is responsible for filing
         Tax Returns in respect of Transfer Costs, the Company shall prepare all
         such Tax Returns. The parties shall provide such certificates and other
         information and otherwise cooperate to the extent reasonably required
         to minimize Transfer Costs.

2.7      REQUIRED CONSENTS. Each of G-P and the CSK Parties shall use
         commercially reasonable efforts to obtain, at its sole expense, each
         Consent Related to its own Business listed on Schedule 3.3(a) for the
         CSK Parties and Schedule 4.3(a) for G-P (other than those Consents
         marked with an asterisk on either such Schedule), and any other
         material Consent not listed on Schedule 3.3 or Schedule 4.3, if any, if
         such Consent is required to operate such Business after Closing as such
         Business has been operated over the 12-month period immediately prior
         to Closing. If a party has not obtained a Consent (other than a
         Required Consent), the Closing of the transactions contemplated by this
         Agreement shall not constitute a transfer, or any attempted transfer,
         of any Contract or asset, the transfer of which requires such Consent.
         Rather, following the Closing, such party shall use commercially
         reasonable efforts at its sole expense, and the other party (or
         parties) and the Company shall cooperate in such efforts, to obtain
         promptly such Consent or to enter into reasonable and lawful
         arrangements (including subleasing or subcontracting if permitted)
         reasonably acceptable to the other party to provide to the Company the
         full economic (taking into account Tax Costs and benefits) and
         operational benefits and liabilities and for substantially similar time
         periods, as the Company would have had if such Consent had been
         obtained as of Closing. Once such Consent for the transfer of a
         Contributed

                                       9
<PAGE>

         Asset not transferred at the Closing is obtained, the party receiving
         such Consent shall promptly transfer, or cause to be transferred, such
         Contributed Asset to the Company for no additional consideration and
         without changing any party's Capital Account or Percentage Interest (as
         both terms are defined in the Operating Agreement).

2.8      OWNERSHIP OF THE COMPANY; SPECIAL DISTRIBUTION.

         (a)      The value of contributions of each of G-P and WISCO has been
                  determined by multiplying 7.38 by the actual 1998 EBITDA for
                  the G-P Business and the WISCO Business respectively. The
                  value of the WISCO Business for purposes of this Agreement
                  shall be $775,000,000 and the value of the G-P Business for
                  purposes of this Agreement shall be $376,400,000.

         (b)      Simultaneously with the Closing, the Company shall incur debt
                  in an amount sufficient to fund a special distribution to
                  WISCO (the "Company Debt") that will result in a reduction in
                  WISCO's Percentage Interest (as defined in the Operating
                  Agreement) in the Company to a 5% equity interest in the
                  Company (the "Special Distribution") immediately after payment
                  of the Special Distribution. The Company Debt shall be in such
                  amount and on such terms as is set forth on Exhibit 2.8A. G-P
                  shall provide to the Company's lenders a full and
                  unconditional guaranty of payment of the Company Debt
                  substantially in the form of Exhibit 2.8B hereto (the "G-P
                  Guarantee"). WISCO shall provide to G-P an indemnity
                  substantially in the form of Exhibit 2.8C hereto (the "WISCO
                  Debt Indemnity") indemnifying G-P against certain amounts
                  which may be incurred or paid by, or assessed against, G-P
                  under the G-P Guarantee.

                                   ARTICLE III
                  REPRESENTATIONS AND WARRANTIES OF CSK PARTIES

         The CSK Parties represent and warrant to G-P and the Company as
follows:

                                       10
<PAGE>

3.1      ORGANIZATION AND QUALIFICATION.

         (a)      Each of the CSK Parties is a corporation or limited liability
                  company, duly organized, validly existing and in good standing
                  under the laws of its state of organization as set forth on
                  Schedule 3.1. The CSK Parties collectively have all requisite
                  corporate or limited liability company power and authority to
                  own and operate the WISCO Contributed Assets and to carry on
                  the WISCO Business as currently conducted.

         (b)      Each of the CSK Parties is duly qualified to do business and
                  is in good standing as a foreign corporation or limited
                  liability company in the jurisdictions listed on Schedule 3.1,
                  which are the only jurisdictions where the ownership or
                  operation of the WISCO Contributed Assets or the conduct of
                  the WISCO Business requires such qualification, except where
                  the failure to be so qualified would not have a Material
                  Adverse Effect.

3.2      CORPORATE AUTHORIZATION. Each of the CSK Parties has full corporate
         power and authority to execute and deliver this Agreement, and to
         perform its obligations hereunder and under any agreement or contract
         contemplated hereby, including the Ancillary Agreements. The execution,
         delivery and performance by the CSK Parties of this Agreement and any
         agreement or contract contemplated hereby has been duly and validly
         authorized by all necessary corporate action and no additional
         corporate authorization is required in connection with the execution,
         delivery and performance by each of the CSK Parties of this Agreement
         and any agreement or contract contemplated hereby.

3.3      CONSENTS AND APPROVALS. Except as specifically set forth in Schedule
         3.3 or as required by the HSR Act, no Consent is required to be
         obtained by the CSK Parties from, and no notice or filing is required
         to be given by the CSK Parties to, or made by the CSK Parties with, any
         Governmental Authority or other Person or under any Contract listed, or
         required to be listed, on Schedule 3.14 in connection with the
         execution, delivery and performance by the CSK Parties of this
         Agreement, each of the Ancillary Agreements, any other agreement or
         contract contemplated hereby and the contribution of the WISCO
         Contributed Assets, except where the failure to obtain any such Consent
         or Consents, give any such notice or notices or make any such filing or
         filings would not have a Material Adverse Effect.

3.4      NON-CONTRAVENTION. Except as set forth on Schedule 3.3, the execution,
         delivery and performance by the CSK Parties of this Agreement and each
         of the Ancillary Agreements, and the consummation of the transactions
         contemplated hereby and thereby, does not and will not (i) violate any
         provision of the certificate of incorporation or bylaws of any of the
         CSK Parties or any Contributed Subsidiary; (ii) subject to obtaining
         the Consents referred to in Section 3.3, conflict with, or result in
         the breach of, or constitute a default under, or result in the
         termination, cancellation or

                                       11
<PAGE>

         acceleration (whether after the filing of notice or the lapse of time
         or both) of any right or obligation of any of the CSK Parties or any
         Contributed Subsidiary under, or to a loss of any benefit to which any
         of the CSK Parties or any Contributed Subsidiary is entitled under, any
         Contract or result in the creation of any Encumbrance (other than a
         Permitted Encumbrance) upon any of the WISCO Contributed Assets; or
         (iii) assuming compliance with the matters set forth in Section 3.3,
         violate, or result in a breach of or constitute a default under any
         Law, rule, regulation, judgment, injunction, order, decree or other
         restriction of any court or Governmental Authority to which any of the
         CSK Parties or any Contributed Subsidiary is subject, including any
         Governmental Authorization, except in each case, such matter or matters
         that would not have a Material Adverse Effect.

3.5      BINDING EFFECT. This Agreement constitutes, and each of the Ancillary
         Agreements when executed and delivered by the parties thereto will
         constitute, a valid and legally binding obligation of each of the CSK
         Parties that is a party thereto, enforceable with respect to such party
         in accordance with its terms, except as the enforceability thereof may
         be limited or otherwise effected by bankruptcy, insolvency,
         reorganization, moratorium and similar laws of general applicability
         Relating to, or affecting, creditors rights and to general equity
         principles.

3.6      FINANCIAL STATEMENTS: ABSENCE OF CERTAIN CHANGES.

         (a)      Attached as Schedule 3.6(a) are the following financial
                  statements of the WISCO Business: Unaudited Balance Sheet,
                  Statement of Income and Statement of Cash Flows, as of and for
                  (i) the years ended December 31, 1997 and 1998 (the "WISCO
                  Annual Financial Statements"); and (ii) the period ended April
                  30, 1999 (the "WISCO April Financial Statements").
                  (Collectively the financial statements described in this
                  Section 3.6(a) shall be referred to as the "WISCO Financial
                  Statements.")

         (b)      Exhibit 3.6(b) sets forth the line items and a definition for
                  each such line item contained in each of the WISCO Financial
                  Statements.

         (c)      The WISCO Financial Statements are true and correct in all
                  material respects, present fairly the combined financial
                  position and results of operation, divisional equity and cash
                  flows of the WISCO Business as of the dates and for the
                  periods presented, and were prepared in accordance with GAAP
                  applied on a basis consistent with past practice of the WISCO
                  Business. The WISCO Financial Statements reflect the
                  underlying Books and Records of the WISCO Business, which are
                  complete and accurate in all material respects. Except as
                  described on Schedule 3.6(c), consistent accounting policies
                  and accrual methods were used in all periods presented. All
                  non-recurring or unusual income or expense items over
                  $500,000, as reflected in the 1998 Statement of Income of
                  WISCO, have been disclosed

                                       12
<PAGE>

                  in footnotes to the WISCO Financial Statements.

         (d)      Except as described in the notes to the WISCO Financial
                  Statements, all accounts receivable reflected on the WISCO
                  Financial Statements are bona fide receivables, accounted for
                  in accordance with GAAP (including, without limitation,
                  appropriate reserves), and represent amounts due with respect
                  to actual transactions in the operation of the WISCO Business;
                  it being understood that this representation shall not be
                  deemed to constitute a warranty or guaranty that all such
                  accounts receivable shall be collected.

3.7      LITIGATION AND CLAIMS. Except as disclosed on Schedule 3.7:

         (a)      There is no action (whether civil, criminal or
                  administrative), suit, demand, claim, dispute, hearing,
                  proceeding (including condemnation or other proceeding in
                  eminent domain) or investigation pending or, to the Knowledge
                  of any of the CSK Parties, threatened, Related to the WISCO
                  Business or any of the WISCO Contributed Assets or included in
                  the WISCO Assumed Liabilities, that individually or in the
                  aggregate is reasonably expected to have a Material Adverse
                  Effect.

         (b)      None of the WISCO Contributed Assets is subject to any order,
                  writ, judgment, award, injunction, or decree of or settlement
                  enforceable in any court or governmental or regulatory
                  authority of competent jurisdiction or any arbitrator or
                  arbitrators.

3.8      TAXES. Except as disclosed on Schedule 3.8:

         (a)      The CSK Parties have duly and timely filed (or have caused to
                  be duly and timely filed), taking into account any valid
                  extension of the time for filing, each Tax Return required to
                  be filed with any Tax Authority which includes or is based
                  upon the WISCO Contributed Assets, or the operations,
                  ownership or activities of the WISCO Business, and all Taxes
                  due and payable (whether or not shown on or required to be
                  shown on a Tax Return) have been paid prior to their due
                  dates; provided, however, that the representations and
                  warranties set forth in this paragraph are made only to the
                  extent that (i) such Taxes are or may become Encumbrances on
                  the WISCO Contributed Assets, or (ii) the Company is or may be
                  liable in the capacity of transferee of the Contributed
                  Assets.

         (b)      The CSK Parties have duly and timely filed (or have caused to
                  be duly and timely filed), taking into account any valid
                  extension of the time for filing, each Tax Return which
                  includes or is based upon the assets, operations, ownership or
                  activities of any of the WISCO Contributed Subsidiaries, and
                  all Taxes due and payable (whether or not shown on or required
                  to be shown on a Tax Return) have been paid prior to their due
                  dates.

                                       13
<PAGE>

         (c)      None of the WISCO Contributed Assets, including the assets of
                  the WISCO Contributed Subsidiaries (i) is subject to any lien
                  (other than a Permitted Encumbrance) arising in connection
                  with any failure or alleged failure to pay any Taxes, (ii)
                  secures any debt the interest on which is tax-exempt under
                  Section 103(a) of the Code, (iii) is required to be or is
                  being depreciated under the alternative depreciation system
                  under Section 168(g)(2) of the Code, (iv) is "limited use
                  property" with the meaning of Revenue Procedure 76-30, or (v)
                  will be treated as owned by any other Person pursuant to the
                  provisions of former Section 168(f)(8) of the Code.

         (d)      The CSK Parties (with respect to the WISCO Business) or the
                  WISCO Contributed Subsidiaries have withheld and paid all
                  material Taxes required to have been withheld and paid in
                  connection with amounts paid or owing to any Employee,
                  independent contractor, creditor, shareholder or other party.

         (e)      There are no pending, proposed or, to the knowledge of WISCO,
                  threatened audits, assessments or claims from any Tax
                  Authority for deficiencies, penalties or interest against any
                  of the CSK Parties (with respect to the WISCO Contributed
                  Assets or the WISCO Business), any of the WISCO Contributed
                  Subsidiaries or any of their assets, operations or activities;
                  provided, however, that the representations and warranties set
                  forth in this paragraph are made only to the extent that (i)
                  such Taxes are or may become Encumbrances on the WISCO
                  Contributed Assets, or (ii) the Company is or may be liable in
                  the capacity of transferee of the Contributed Assets.

         (f)      No CSK Party nor any WISCO Contributed Subsidiary owns,
                  directly or indirectly, and none of the WISCO Contributed
                  Assets consists of, any interest in any entity classified as a
                  partnership for United States federal income Tax purposes.

         (g)      With respect to the WISCO Business, other than WMex, the CSK
                  Parties do not have and have not had a permanent establishment
                  in any foreign country as defined in any applicable Tax treaty
                  or convention between the United States and such foreign
                  country.

3.9      EMPLOYEES, PENSION AND OTHER BENEFIT PLANS.

         (a)      Schedule 3.9(a) lists all the Employees who, as of August 31,
                  1999, were employed by WISCO or the WISCO Contributed
                  Subsidiaries with respect to the WISCO Business, together with
                  their respective positions, years of

                                       14
<PAGE>

                  employment, and rates of remuneration, as of August 31, 1999.

         (b)      Except as disclosed on Schedule 3.9(b), no CSK Party is a
                  party to nor does it sponsor, maintain, or contribute to any
                  Employee Plans that provide benefits to Employees or Retired
                  Employees of the WISCO Business.

         (c)      WISCO has delivered to G-P true, complete and up-to-date
                  copies of all documents embodying the CSK Plans including,
                  without limitation, all amendments thereto, all funding
                  agreements thereunder (including, but not limited to, trust
                  agreements), all summaries of such CSK Plans provided to
                  Employees, Retired Employees, directors, officers,
                  shareholders or their dependents with respect to the WISCO
                  Business, and all material communications received from or
                  sent to regulatory authorities within the prior two (2) plan
                  years with respect to each such CSK Plan as well as the most
                  recent valuation for each defined contribution retirement plan
                  maintained by any of the CSK Parties and the most recent
                  actuarial valuation for each of the CSK Plans for which such
                  valuations are required. The applicable CSK Party has
                  delivered to G-P a complete written description of all
                  unwritten CSK Plans, and will deliver such other documentation
                  with respect to any CSK Plan as is reasonably requested by
                  G-P.

         (d)      Except as disclosed on Schedule 3.9(d), no promise or
                  commitment has been made by any CSK Party (i) to amend any of
                  the CSK Plans or to provide increased benefits thereunder to
                  any Employees, Retired Employees, directors, officers,
                  shareholders of the WISCO Business or the WISCO Contributed
                  Subsidiaries, or their dependents, except pursuant to the
                  requirements, if any, of the CSK Plans or any collective
                  bargaining agreement, or (ii) to establish any new Employee
                  Plan. Except as disclosed on Schedule 3.9(d), no amendment to
                  any CSK Plan has been adopted by any CSK Party since June 30,
                  1999. Except as disclosed on Schedule 3.9(d), one or more of
                  the CSK Parties has the right pursuant to the terms of each
                  CSK Plan and all agreements Related to such plan unilaterally
                  to terminate such plan (or its participation in such plan) or
                  to amend the terms of such plan at any time except as provided
                  under a collective bargaining agreement. Except as disclosed
                  on Schedule 3.6(a) or Schedule 3.9(d) or as set forth in the
                  Human Resources Agreement, the transactions contemplated by
                  this Agreement will not result in any additional payments to,
                  or increase the vested interest of, any Employee, Retired
                  Employee, director, officer, shareholder, or their dependents
                  under any CSK Plan; and the transactions contemplated by this
                  Agreement will not result in any payment to any Employee or
                  Retired Employee, director, officer, or shareholder of any CSK
                  Party which will be subject to Section 280G of the Code.

                                       15
<PAGE>

         (e)      Each CSK Plan has been established, maintained, and
                  administered in substantial compliance with its terms and all
                  related documents or agreements and in substantial compliance
                  with applicable provisions of ERISA, the Code, and other
                  applicable Laws.

         (f)      Except as disclosed on Schedule 3.9(f), all required employer
                  contributions, premium payments and employee contributions
                  under the CSK Plans have been made and remitted to the funding
                  agents or accrued or booked thereunder within the time
                  prescribed by any such CSK Plan and the Laws. All insurance
                  premiums required with respect to any CSK Plan, including any
                  premiums payable to the Pension Benefit Guarantee Corporation,
                  have been paid, made, accrued or booked within the time
                  prescribed by any such CSK Plan and the applicable Law. All
                  benefits, expenses and other amounts due and payable to or
                  under any CSK Plan, and all contributions, transfers or
                  payments required to be made to any CSK Plan, have been paid,
                  made, accrued or booked within the time prescribed by any such
                  CSK Plan and the Laws. Except as disclosed on Schedule 3.9(f),
                  all of the assets which have been set aside in a trust or
                  account (other than an account which is part of a CSK Party's
                  general assets) to satisfy any obligation under any CSK Plan
                  are shown on the books and records of each such trust and each
                  such account at their fair market value, such current fair
                  market value as of the last valuation date is equal to or
                  exceeds the present value of any obligation under the CSK
                  Plan, and the liabilities for all other obligations under any
                  CSK Plan are accurately set forth in the WISCO Financial
                  Statements.

         (g)      Except as disclosed on Schedule 3.9(g), there is no pending
                  or, to the Knowledge of the CSK Parties, threatened claim with
                  respect to a CSK Plan (other than routine and reasonable
                  claims for benefits made in the ordinary course of the WISCO
                  Business) or with respect to the terms and conditions of
                  employment or termination of employment by any Employee, or
                  Retired Employee, and no audit or investigation by any
                  governmental or other law enforcement agency is pending or has
                  been proposed with respect to any CSK Plan.

         (h)      Except as disclosed on Schedule 3.9(h), no CSK Plan is subject
                  to Title IV of ERISA. Neither any of the CSK Parties nor any
                  Related Person has incurred any material liability under or
                  pursuant to Title I or IV of ERISA or the penalty, excise tax
                  or joint and several liability provisions of the Code relating
                  to employee benefit plans and, to the Knowledge of the CSK
                  Parties, no event or condition has occurred or exists which
                  could result in any material liability to a CSK Party, such
                  Related Person or the Company or G-P under or pursuant to
                  Title I or IV of ERISA or such penalty, excise tax or joint
                  and several liability provisions of the Code. No CSK Plan has
                  incurred an "accumulated funding deficiency" within the
                  meaning of such sections of the Code and ERISA, whether or not
                  waived; and no such CSK

                                       16
<PAGE>

                  Plan has been terminated. Except as disclosed on Schedule
                  3.9(h), none of the CSK Parties contribute to, nor do they
                  have any obligation to contribute to, a multiemployer plan as
                  defined in Section 4001(a)(3) of ERISA with regard to the
                  Employees or Retired Employees.

         (i)      Each of the CSK Plans that is intended to be qualified under
                  Section 401(a) of the Code, and the trust, if any, forming a
                  part thereof, has received a favorable determination letter
                  from the Internal Revenue Service as to the qualification of
                  its form under the Code and to the effect that each such trust
                  is exempt from taxation under Section 501(a) of the Code and,
                  to the Knowledge of the CSK Parties, nothing has occurred
                  since the date of such determination letter that adversely
                  affects such qualification or tax-exempt status. Except as
                  disclosed in Schedule 3.9(i), all reports and other documents
                  required to be filed with any governmental agency or
                  distributed to plan participants or beneficiaries (including,
                  but not limited to, actuarial reports, audits or Tax Returns)
                  have been duly filed or distributed on a timely basis, and
                  copies thereof have been or will be furnished to G-P prior to
                  the Closing.

3.10     COMPLIANCE WITH LAWS. Except as set forth in Schedule 3.10, the WISCO
         Business is being conducted in compliance with all Laws applicable to
         the WISCO Business and, as of the Closing, the Company will have
         (subject to obtaining the Consents) all Governmental Authorizations
         necessary for the conduct of the WISCO Business as currently conducted,
         except for such non-compliance or the failure to obtain such Consent or
         Consents which would not have a Material Adverse Effect; it being
         understood that nothing in this representation is intended to address
         any compliance issue that is the subject of the representations and
         warranties set forth in Sections 3.7, 3.8, 3.9, 3.11, 3.12, or 3.13
         hereof, and that the CSK Parties make no representations in this
         Section 3.10 as to the transferability or assignability of any such
         Governmental Authorizations. None of the CSK Parties has received
         written notice that any material Governmental Authorization may be
         suspended, revoked, modified or canceled.

3.11     ENVIRONMENTAL MATTERS.

         (a)      Schedule 3.11(a) sets forth a list of all material
                  Environmental Permits in connection with the WISCO Business.

         (b)      Except as would not have a Material Adverse Effect, or as
                  disclosed on Schedule 3.11(b):

                                       17
<PAGE>

                  (i)      The Environmental Permits are all the permits,
                           licenses, certificates and authorizations of, and
                           registrations with, any of the Environmental
                           Authorities pursuant to the Environmental Laws
                           necessary to conduct the WISCO Business substantially
                           as presently conducted. The Environmental Permits are
                           in full force and effect and the CSK Parties are in
                           compliance in all respects thereunder. The
                           consummation of the transactions contemplated
                           hereunder will not require any renewal, consent,
                           amendment or other action in connection with any of
                           the Environmental Permits. The CSK Parties are in
                           compliance with the Environmental Laws applicable to
                           the conduct of the WISCO Business.

                  (ii)     There is no claim, suit, action or other proceeding,
                           including appeals and applications for review,
                           outstanding or pending against any CSK Party pursuant
                           to any of the Environmental Laws Relating to the
                           WISCO Business.

                  (iii)    No CSK Party has any liability for any release,
                           spill, leakage, pumping, emission, emptying,
                           discharge, injection, escape, leaching, disposal or
                           dumping of any Hazardous Substances on or from any of
                           the WISCO Real Property, except in such manner or
                           quantity as would not constitute a violation of any
                           of the Environmental Laws or Environmental Permits.

                  (iv)     The CSK Parties have maintained all records in
                           respect of the WISCO Business required by the
                           Environmental Laws and Environmental Permits in the
                           manner and for the time periods so required.

                  (v)      Since June 30, 1994, no CSK Party has received any
                           notice of investigation or non-compliance or written
                           order from any of the Environmental Authorities,
                           including any notice of contamination or clean-up
                           requirements, pursuant to any of the Environmental
                           Laws with respect to the WISCO Business.

3.12     INTELLECTUAL PROPERTY

         (a) Schedule 3.12 sets forth a list and description (including the
country of registration) of all issued or registered foreign and domestic
Intellectual Property currently (or, to the Knowledge of the CSK Parties, within
the last 12 months) used in the WISCO Business (other than "shrink wrap"
consumer software licenses). No third party has rights in, or otherwise has the
right to restrict use of, WISCO Intellectual Property owned by any CSK Party,
and, to the Knowledge of the CSK Parties, no third party has rights in, or
otherwise has the right to restrict

                                       18
<PAGE>

the Company's use of, the WISCO Intellectual Property owned by any CSK Party as
of and following the Closing.

         (b) To the Knowledge of the CSK Parties, no product, component,
method, process, or material (including computer software) used, sold or
manufactured by the WISCO Business infringes on, misappropriates, or otherwise
violates a valid and enforceable intellectual property right of any other
Person.

         (c) There are no demands, actions or proceedings pending or, to
the Knowledge of the CSK Parties, threatened, against the CSK Parties Relating
to the WISCO Business alleging infringement, misappropriation, or violation of
any intellectual property right of any other Person, and, to the Knowledge of
the CSK Parties, no Person is infringing, misappropriating, challenging or
violating, the Intellectual Property owned by any CSK Party, except for
challenges, infringements, misappropriation or violations which, individually or
in the aggregate, would not have a Material Adverse Effect.

         (d) All of the WISCO Intellectual Property will be transferred to
the Company at Closing, except to the extent certain Intellectual Property used
by the CSK Parties to provide services under the Transition Services Agreement
is specifically excluded thereunder. The CSK Parties agree that Intellectual
Property provided under the Transition Services Agreement will be provided to
the Company on and after Closing on the same terms and conditions under which it
was available to the WISCO Business prior to the Closing in accordance with the
terms of the Transition Services Agreement.

         (e) Schedule 3.12(e) sets forth the CSK Parties' efforts at
addressing the Year 2000 issue in the WISCO Business. The information set forth
therein is accurate as of the date hereof, in all material respects. The CSK
Parties have developed and begun implementing a Project Plan to remediate and/or
replace Computer Systems that are used or relied upon in the WISCO Business but
are not Year 2000 Ready. Such remediation and/or replacement is scheduled to be
completed in 1999.

         3.13 LABOR MATTERS.  Except as disclosed on Schedule 3.13:

         (a) As of the date hereof, none of the CSK Parties is a party to
any labor or collective bargaining agreement or similar agreement with respect
to Employees of the WISCO Business, no such Employees are represented by any
labor organization and, to the Knowledge of the CSK Parties, there are no
organizing or de-certification activities (including any demand for recognition
or certification proceedings pending or threatened to be brought or filed with
the National Labor Relations Board or other labor relations tribunal) involving
the WISCO Business;

         (b) As of the date hereof, there are no strikes, work stoppages,
slowdowns, lockouts, unfair labor practice charges pending or, to the Knowledge
of the CSK Parties, threatened against or involving the Employees of the WISCO
Business;

                                       19
<PAGE>

         (c) Within the 90-day period immediately preceding the Effective
Time, no Employee of the WISCO Business has been laid off or terminated for
reasons other than a discharge for cause, voluntary resignation or retirement.

         (d) There are no complaints, charges, claims or grievances against
the CSK Parties pending or, to the Knowledge of the CSK Parties, threatened to
be brought or filed with any Governmental Authority, arbitrator or court based
on or arising out of the employment by the CSK Parties of any Employee of the
WISCO Business, except for those which, individually or in the aggregate, would
not have a Material Adverse Effect;

         (e) The CSK Parties are in compliance with all Laws Relating to
the employment of labor, including all such Laws Relating to wages, hours,
collective bargaining, discrimination, civil rights, safety and health,
immigration, workers' compensation, layoffs, and the collection and payment of
withholding and/or Social Security Taxes and similar Taxes, except where the
failure to be in compliance would not have a Material Adverse Effect; and

         (f) The CSK Parties have given all notices required to be given
prior to the Closing Date under the Worker Adjustment and Retraining
Notification Act, 29 U.S.C. Section 2101 et seq. ("WARN"), or under any similar
provision of any federal, state, regional, foreign, or local Law, rule, or
regulation (referred to collectively with WARN as "WARN Obligations") Relating
to any plant closing or mass layoff that occurred during the 90 days immediately
preceding the Effective Time and pertaining to the WISCO Business.

         3.14 CONTRACTS. Schedule 3.14 sets forth a list, as of the date
hereof, of each Contract that is Related to the WISCO Business other than (a)
WISCO Leased Real Property, which are listed on Schedule 3.15, and collective
bargaining agreements which are listed on Schedule 3.13, (b) purchase orders or
similar agreements for the purchase or sale of goods or services in the ordinary
course of business, (c) confidentiality agreements entered into in the ordinary
course of business in connection with the purchase and sale of Inventory, and
(d) any Contract which requires a payment or imposes an obligation on either
party thereto of less than $1,000,000 in the aggregate. Schedule 3.14 also
identifies any Contract that contains a non-compete covenant or similar
provision that could materially restrict the Company in its conduct of the WISCO
Business following Closing, any employment agreement with any Employee of the
WISCO Business, any employment agreement included in the WISCO Contributed
Assets or WISCO Assumed Liabilities, any Contract between any Affiliates of CSK,
on one hand, and any of the CSK Parties or any of the WISCO Contributed
Subsidiaries, on the other, any agreements Related to payments in lieu of taxes,
any agreement or license Related to Intellectual Property (other than "shrink
wrap" consumer software licenses), leases and license agreements for any
Computer Systems (other than "shrink wrap" consumer software licenses), all
material agreements for telecommunications voice (including without limitation,
local, long distance and toll free service) and data services, Internet access,
hosting and use services. Schedule 3.14 also identifies any Contract concerning
any environmental liability with respect to the WISCO Business. Each Contract
set forth on Schedule 3.14 is a valid and binding agreement of the applicable
CSK Party and, to the Knowledge of the CSK Parties, is in full force and effect.
Except as otherwise provided in Schedule 3.14, no CSK Party is, and, to their
Knowledge, no

                                       20
<PAGE>

other party thereto is, in default in any material respect under
any Contract listed on Schedule 3.14 or any collective bargaining agreement
listed on Schedule 3.13.

         3.15 REAL ESTATE LEASES. Schedule 3.15 sets forth a list, as of the
date hereof, of each written WISCO Real Estate Lease with a term of more than
one month that is Related to the WISCO Business. Each WISCO Real Estate Lease
set forth on Schedule 3.15 is a valid and binding agreement of a CSK Party and
is in full force and effect. There are no defaults by the applicable CSK Party
under any WISCO Real Estate Lease listed on Schedule 3.15 which defaults have
not been cured or waived and which would, individually or in the aggregate, have
a Material Adverse Effect.

         3.16 ENTIRE BUSINESS; TITLE TO PROPERTY.

          (a) Except as set forth in Schedule 3.16(a) and Schedule 3.6(a),
the WISCO Contributed Assets, the assets held by the WISCO Contributed
Subsidiaries, the WISCO Retained Assets (including cash and cash accounts,
disbursement accounts, invested securities and other short and medium term
investments, the CSK Marks and CSK Plans, and WISCO's and CSK's insurance
policies), and the rights specifically provided or made available to the Company
under the Ancillary Agreements, include all of the buildings, machinery,
equipment and other assets (whether tangible or intangible) necessary for the
Company immediately after Closing to conduct in all material respects the WISCO
Business as conducted as of the date hereof, and as conducted during the
12-month period prior to the date hereof (subject to changes expressly permitted
by the terms hereof to be made after the date hereof); provided, however, that
no representation is made as to the assignability of Government Authorizations.

          (b) A CSK Party has good (and, in the case of its Owned Real
Property, marketable) title to, or a valid and binding leasehold interest in,
the WISCO Contributed Assets, free and clear of all Encumbrances, except (i) as
set forth in Schedule 3.16(b), and (ii) any Permitted Encumbrances.

          (c) The capital structure of each of the WISCO Contributed
Subsidiaries is as set forth in Schedule 3.16(c). The shares of stock or
membership interests, as applicable, of the WISCO Contributed Subsidiaries
included in the WISCO Contributed Assets constitute 100% of the issued and
outstanding shares of stock or membership interests, as applicable, of each
WISCO Contributed Subsidiary. All shares of stock , membership interests or
other form of ownership of the WISCO Contributed Subsidiaries included in the
WISCO Contributed Assets are validly issued, fully paid and non-assessable.
Except as set forth on Schedule 3.16(c), (i) there are no options, warrants, or
similar rights to purchase any of the shares or membership interests of any of
the WISCO Contributed Subsidiaries, and no obligations binding upon any WISCO
Contributed Subsidiary to issue, sell, redeem, purchase or exchange any of its
capital stock or membership interests or any right relating thereto, and (ii)
there are no shareholders' agreements, voting agreements, voting trusts or other
agreements or rights of third parties with respect to or affecting any of the
WISCO Contributed Subsidiaries or any of their shares of stock or membership
interests, as applicable. Wisconsin Tissue Management, LLC has entered into no
agreements and conducted no business and contains only those assets and
liabilities specifically set forth in

                                       21
<PAGE>

Schedule 3.16(c), except, in each case, as set forth in the Human Resources
Agreement. WMex assumed no liabilities or obligations of any other CSK Party
Related to or arising from the sale of its capital stock to WISCO. CSK has
provided G-P with true and correct copies of all documentation Related to such
sale.

          (d) The WISCO Contributed Assets and the assets of the WISCO
Contributed Subsidiaries are in good operating condition and repair (subject to
normal wear and tear). Except as set forth on Schedule 3.16(d), the CSK Parties
have no Knowledge of any material structural or mechanical defects with respect
to any buildings, improvements or equipment included in the WISCO Contributed
Assets, which defects are reasonably likely to have a Material Adverse Effect.

         (e) None of the WISCO Owned Real Property or the WISCO Leased Real
Property or other assets of the WISCO Business (except as set forth in the
Transition Services Agreement) are owned, used or occupied in whole or in part
by CSK or any of its Affiliates other than in connection with the operation of
the WISCO Business.

         3.17. FINDER'S FEES. Except for Salomon Smith Barney & Co., whose
fees will be paid by CSK, there is no investment banker, broker or finder which
has been retained by or is authorized to act on behalf of any CSK Party who
might be entitled to any fee or commission from G-P or the Company in connection
with the transactions contemplated by this Agreement.

         3.18 INSURANCE. Schedule 3.18 attached hereto sets forth the
following information with respect to each insurance policy to which any CSK
Party or a WISCO Contributed Subsidiary, with respect to the WISCO Business, has
been a party, a named insured, or otherwise the beneficiary of coverage at any
time within the past five years:

         (a) the name of the insurer, the name of the policyholder, and the name
of each covered insured;

         (b) the scope, period and amount of coverage; and

         (c) a description of any retroactive premium adjustments or other
loss-sharing arrangements.

         Schedule 3.18 also describes any self insurance arrangements affecting
the WISCO Business. As of the date hereof, no CSK Party has received any written
notice of any retroactive premium increase or assessment applicable to the WISCO
Business. Except as disclosed on Schedule 3.18, all of such policies are in full
force and effect.

         3.19 NO UNDISCLOSED LIABILITIES. With respect to the WISCO Business
no CSK Party has any obligations or liabilities (whether accrued, absolute,
contingent, unliquidated or otherwise, whether or not known to such CSK Party,
whether due or to become due and regardless of when asserted) arising out of
transactions entered into at or prior to the Closing, or any action or inaction
at or prior to the Closing, or any state of facts existing at or prior to the

                                       22
<PAGE>

Closing other than: (a) liabilities set forth on the WISCO Financial Statements
(including any notes thereto, if any); (b) liabilities and obligations arising
from or in connection with matters disclosed pursuant to the CSK Parties'
representations and warranties in this Agreement or in the Disclosure Schedules
(none of which, except as set forth on Schedule 3.7, is a liability resulting
from a breach of contract, breach of warranty, tort, infringement claim or
lawsuit), other than liabilities and obligations arising from or in connection
with matters disclosed pursuant to Section 3.11; (c) liabilities and obligations
arising from or in connection with matters disclosed pursuant to Section 3.11;
(d) liabilities and obligations which have arisen after April 30, 1999 in the
ordinary course of business (none of which, except as set forth on Schedule 3.7,
is a liability resulting from a breach of contract, breach of warranty, tort,
infringement claim or lawsuit); and (e) such other liabilities or obligations
that do not have a Material Adverse Effect.

         3.20 NO MATERIAL ADVERSE CHANGE. Except as disclosed on Schedule
3.20, since April 30, 1999, the CSK Parties have conducted the WISCO Business in
the ordinary course and in a manner consistent with the practices applied during
the periods specified in the WISCO Financial Statements, and there has been no
Material Adverse Effect in the WISCO Business. Except as set forth on Schedule
3.20, and except as such does not have a Material Adverse Effect, no CSK Party
has with respect to the WISCO Business:

         (a) been a party to any corporate reorganization, restructuring or
merger or amalgamation or amended its certificate or articles of incorporation
or bylaws;

         (b) declared or paid any dividend or declared or made any other
distribution (whether in cash, stock or property) on any of the shares of its
capital stock;

         (c) incurred or discharged any obligation or liability (whether
accrued, absolute or contingent) other than in the ordinary course of and in a
manner consistent with past practices for the WISCO Business;

         (d) entered into any transaction, contract, agreement, indenture,
instrument or commitment other than in the ordinary course of and in a manner
consistent with past practices for the WISCO Business;

         (e) suffered or incurred any material damage, destruction, loss or
liability (whether or not covered by any insurance);

         (f) experienced any strike, lockout or other labor trouble such as
slow down or work stoppage, or any loss of any of its key Employees, customers,
suppliers or distributors;

         (g) suffered any shortage or cessation or interruption of raw
materials, supplies or utilities that could have a Material Adverse Effect on
the WISCO Business;

         (h) made any change in its accounting principles, policies and
practices as utilized in the preparation of the WISCO Financial Statements;

                                       23
<PAGE>

         (i) made any loan or advance, or assumed, guaranteed, endorsed or
otherwise become liable with respect to the liabilities or obligations of any
other Person or entity, or permitted any of its assets to be subjected to any
lien or security interest (except for Permitted Encumbrances);

         (j) granted to any customer any allowance or discount or changed
its pricing, credit or payment policies other than in the ordinary course of and
in a manner consistent with past practices for the WISCO Business (except for
non-material variations therefrom in the aggregate);

         (k) incurred any indebtedness, liability or obligation (absolute,
accrued, contingent or otherwise) other than in the ordinary course of and in a
manner consistent with past practices for the WISCO Business;

         (l) sold, leased or otherwise disposed of any of its assets or any
right, title or interest therein other than in the ordinary course of and in a
manner consistent with past practices for the WISCO Business;

         (m) made any payment to, or for the benefit of, any present or
former Employee, director, officer or shareholder otherwise than at the regular
rates payable to them, by way of salary, pension, bonus or other remuneration
consistent with past practices for the WISCO Business;

         (n) committed to any capital expenditure project or made any
investment, in either case in excess of Five Hundred Thousand Dollars ($500,000)
not disclosed to G-P prior to the date of this Agreement; or

         (o) authorized or agreed to do any of the foregoing matters referred to
in this Section 3.20.

         3.21 INDEBTEDNESS FOR BORROWED MONEY. There is no indebtedness for
borrowed money included in the WISCO Assumed Liabilities.

         3.22 KNOWLEDGE AS OF CLOSING DATE. The CSK Parties have no Knowledge,
as of the Closing Date, that any representation or warranty made by G-P in
Article IV (and related schedules) is untrue.

         3.23 NO OTHER REPRESENTATIONS OR WARRANTIES. Except for the
representations and warranties contained in this Article III, no CSK Party nor
any other Person makes any other express or implied representation or warranty
on behalf of the CSK Parties.

                                       24
<PAGE>

                                   ARTICLE IV
                      REPRESENTATIONS AND WARRANTIES OF G-P

         G-P represents and warrants to the CSK Parties and the Company as
follows:

         4.1 ORGANIZATION AND QUALIFICATION. G-P is a corporation duly
organized, validly existing and in good standing under the laws of the State of
Georgia and has all requisite corporate power and authority to own and operate
the G-P Contributed Assets and to carry on the G-P Business as currently
conducted. G-P is duly qualified to do business and is in good standing as a
foreign corporation in the jurisdictions listed on Schedule 4.1, which are the
only jurisdictions where the ownership or operation of the G-P Contributed
Assets or the conduct of the G-P Business requires such qualification, except
where the failure to be so qualified would not have a Material Adverse Effect.

         4.2 CORPORATE AUTHORIZATION. G-P has full corporate power and
authority to execute and deliver this Agreement, and to perform its obligations
hereunder and under any agreement or contract contemplated hereby, including the
Ancillary Agreements. The execution, delivery and performance by G-P of this
Agreement and the agreements and contracts contemplated hereby has been duly and
validly authorized by all necessary corporate action and no additional corporate
authorization is required in connection with the execution, delivery and
performance by G-P of this Agreement and the agreements and contracts
contemplated hereby.

         4.3 CONSENTS AND APPROVALS. Except as specifically set forth in
Schedule 4.3 or as required by the HSR Act, no Consent is required to be
obtained by G-P from, and no notice or filing is required to be given by G-P to
or made by G-P with, any Governmental Authority or other Person or under any
Contract listed, or required to be listed, on Schedule 4.14 in connection with
the execution, delivery and performance by G-P of this Agreement, each of the
Ancillary Agreements, any other agreement or contract contemplated hereby and
the contribution of the G-P Contributed Assets, except where the failure to
obtain any such Consent or Consents, give any such notice or notices or make any
such filing or filings would not have a Material Adverse Effect.

         4.4 NON-CONTRAVENTION. Except as set forth on Schedule 4.3, the
execution, delivery and performance by G-P of this Agreement and each of the
Ancillary Agreements, and the consummation of the transactions contemplated
hereby and thereby, does not and will not (i) violate any provision of the
certificate of incorporation or bylaws of G-P; (ii) subject to obtaining the
Consents referred to in Section 4.3, conflict with, or result in the breach of,
or constitute a default under, or result in the termination, cancellation or
acceleration (whether after the filing of notice or the lapse of time or both)
of any right or obligation of G-P under, or to a loss of any benefit to which
G-P is entitled under, any Contract or result in the creation of any Encumbrance
(other than a Permitted Encumbrance) upon any of the G-P Contributed Assets; or
(iii) assuming compliance with the matters set forth in Section 4.3, violate, or
result in a breach of or constitute a default under any Law, rule, regulation,
judgment, injunction, order, decree or other restriction of any court or
Governmental Authority to which G-P is subject, including any Governmental

                                       25
<PAGE>

Authorization, except in each case, such matter or matters that would not have a
Material Adverse Effect.

         4.5 BINDING EFFECT. This Agreement constitutes, and each of the
Ancillary Agreements when executed and delivered by the parties thereto will
constitute, a valid and legally binding obligation of G-P, enforceable with
respect to G-P in accordance with its terms, except as the enforceability
thereof may be limited or otherwise effected by bankruptcy, insolvency,
reorganization, moratorium and similar laws of general applicability Relating
to, or affecting, creditors rights and to general equity principles.

         4.6 FINANCIAL STATEMENTS; ABSENCE OF CERTAIN CHANGES.

         (a) Attached as Schedule 4.6(a) are the following financial
statements of the G-P Business: Unaudited Balance Sheet, Statement of Income and
Statement of Cash Flows, as of and for (i) the years ended December 31, 1997 and
1998 (the "G-P Annual Financial Statements"); and (ii) the period ended April
30, 1999 (the "G-P April Financial Statements"). (Collectively the financial
statements described in this Section 4.6(a) shall be referred to as the "G-P
Financial Statements.")

         (b) Exhibit 3.6(b) sets forth the line items and a definition for
each such line item contained in each of the G-P Financial Statements.

         (c) The G-P Financial Statements are true and correct in all
material respects, present fairly the combined financial position and results of
operation, divisional equity and cash flows of the G-P Business as of the dates
and for the periods presented, and were prepared in accordance with GAAP applied
on a basis consistent with past practice of the G-P Business. The G-P Financial
Statements reflect the underlying Books and Records of the G-P Business, which
are complete and accurate in all material respects. Except as described in the
footnotes to the G-P Financial Statements, consistent accounting policies and
accrual methods were used in all periods presented. All non-recurring or unusual
income or expense items over $500,000, as reflected in the 1998 Statement of
Income of G-P, have been disclosed in footnotes to the G-P Financial Statements.

         (d) Except as described in the notes to the G-P Financial
Statements, all accounts receivable reflected on the G-P Financial Statements
are bona fide receivables, accounted for in accordance with GAAP (including,
without limitation, appropriate reserves), representing amounts due with respect
to actual transactions in the operation of the G-P Business; it being understood
that this representation shall not be deemed to constitute a warranty or
guaranty that all such accounts receivable shall be collected.

                                       26
<PAGE>

         4.7 LITIGATION AND CLAIMS. Except as disclosed on Schedule 4.7:

         (a) There is no action (whether civil, criminal or
administrative), suit, demand, claim, dispute, hearing, proceeding (including
condemnation or other proceeding in eminent domain) or investigation pending or,
to the Knowledge of G-P, threatened, Related to the G-P Business or any of the
G-P Contributed Assets or included in the G-P Assumed Liabilities, that
individually or in the aggregate is reasonably expected to have a Material
Adverse Effect.

         (b) None of the G-P Contributed Assets is subject to any order,
writ, judgment, award, injunction, or decree of or settlement enforceable in any
court or governmental or regulatory authority of competent jurisdiction or any
arbitrator or arbitrators.

         4.8 TAXES.  Except as disclosed on Schedule 4.8:

         (a) G-P has duly and timely filed (or has caused to be duly and
timely filed) taking into account any valid extension of the time for filing,
each Tax Return required to be filed with any Tax Authority which includes or is
based upon the G-P Contributed Assets, or the operations, ownership or
activities of the G-P Business, and all Taxes due and payable (whether or not
shown on or required to be shown on a Tax Return) have been paid prior to their
due dates; provided, however, that the representations and warranties set forth
in this paragraph are made only to the extent that (i) such Taxes are or may
become Encumbrances on the G-P Contributed Assets, or (ii) the Company is or may
be liable in the capacity of transferee of the Contributed Assets.

         (b) G-P has duly and timely filed (or has caused to be duly and
timely filed), taking into account any valid extension of the time for filing,
each Tax Return which includes or is based upon the assets, operations,
ownership or activities of the G-P Business, and all Taxes due and payable
(whether or not shown on or required to be shown on a Tax Return) have been paid
prior to their due dates.

         (c) None of the G-P Contributed Assets (i) is subject to any lien
(other than a Permitted Encumbrance) arising in connection with any failure or
alleged failure to pay any Taxes, (ii) secures any debt the interest on which is
Tax-exempt under Section 103(a) of the Code, (iii) is required to be or is being
depreciated under the alternative depreciation system under Section 168(g)(2) of
the Code, (iv) is "limited use property" with the meaning of Revenue Procedure
76-30, or (v) will be treated as owned by any other Person pursuant to the
provisions of former Section 168(f)(8) of the Code.

         (d) G-P (with respect to the G-P Business) has withheld and paid
all material Taxes required to have been withheld and paid in connection with
amounts paid or owing to any Employee, independent contractor, creditor,
shareholder or other party.

         (e) There are no pending, proposed or, to the Knowledge of G-P,
threatened audits, assessments or claims from any Tax Authority for
deficiencies, penalties or interest against G-P (with respect to the G-P
Contributed Assets or the G-P Business or any of its assets, operations

                                       27
<PAGE>

or activities); provided, however, that the representations and warranties set
forth in this paragraph are made only to the extent that (i) such Taxes are or
may become Encumbrances on the G-P Contributed Assets, or (ii) the Company is or
may be liable in the capacity of transferee of the Contributed Assets.

         (f) None of the G-P Contributed Assets consists of any interest in
any entity classified as a partnership for United States federal income Tax
purposes.

         (g) With respect to the G-P Business, G-P does not have and has
not had a permanent establishment in any foreign country, as defined in any
applicable Tax treaty or convention between the United States and such foreign
country.

         4.9 EMPLOYEES, PENSION AND OTHER BENEFIT PLANS.

         (a) Schedule 4.9(a) lists all the Employees who, as of October 1,
1999, were employed by G-P with respect to the G-P Business, together with their
respective positions, years of employment, and rates of remuneration, as of
August 20, 1999.

         (b) Except as disclosed on Schedule 4.9(b), G-P is not a party to
nor does it sponsor, maintain, or contribute to any Employee Plans that provide
benefits to Employees or Retired Employees of the G-P Business.

         (c) G-P has delivered to CSK true, complete and up-to-date copies
of all documents embodying the G-P Plans including, without limitation, all
amendments thereto, all funding agreements thereunder (including, but not
limited to, trust agreements), all summaries of such G-P Plans provided to any
of their Employees, directors, officers, shareholders or their dependents with
respect to the G-P Business, as well as the most recent valuation for each
defined contribution retirement plan maintained by G-P and the most recent
actuarial valuation for each of the G-P Plans for which such valuations are
required. G-P has delivered to CSK a complete written description of all
unwritten G-P Plans, and will deliver such other documentation with respect to
any G-P Plan as is reasonably requested by CSK.

         (d) Except as disclosed on Schedule 4.6(a) or Schedule 4.9(d) or
as set forth in the Human Resources Agreement, the transactions contemplated by
this Agreement will not result in any additional payments to, or increase the
vested interest of, any Employee, Retired Employee, director, officer,
shareholder, or their dependents under any G-P Plan; and the transactions
contemplated by this Agreement will not result in any payment to any Employee or
Retired Employee, director, officer, or shareholder of G-P which will be subject
to Section 280G of the Code.

         (e) Each G-P Plan has been established, maintained and
administered in substantial compliance with its terms and all related documents
or agreements and in substantial compliance with applicable provisions of ERISA,
the Code, and other applicable Laws.

         (f) Except as disclosed on Schedule 4.9(f), all required employer
contributions, premium payments and employee contributions under the G-P Plans
have been made and

                                       28
<PAGE>

remitted to the funding agents or accrued or booked thereunder within the time
prescribed by any such G-P Plan and the Laws. All insurance premiums required
with respect to any G-P Plan, including any premiums payable to the Pension
Benefit Guarantee Corporation, have been paid, made, accrued or booked within
the time prescribed by any such G-P Plan and the applicable Law. All benefits,
expenses and other amounts due and payable to or under any G-P Plan, have been
paid, made, accrued or booked within the time prescribed by any such G-P Plan
and the Laws. Except as disclosed on Schedule 4.9(f), all of the assets which
have been set aside in a trust or account (other than an account which is part
of G-P's general assets) to satisfy any obligation under any G-P Plan are shown
on the books and records of each such trust and each such account at their fair
market value, such current fair market value as of the last valuation date is
equal to or exceeds the present value of any obligation under the G-P Plan, and
the liabilities for all other obligations under any G-P Plan are accurately set
forth in the G-P Financial Statements.

         (g) Except as disclosed on Schedule 4.9(g), there is no pending
or, to the Knowledge of G-P, threatened claim with respect to a G-P Plan (other
than routine and reasonable claims for benefits made in the ordinary course of
the G-P Business) or with respect to the terms and conditions of employment or
termination of employment by any Employee, or Retired Employee, and no audit or
investigation by any governmental or other law enforcement agency is pending or
has been proposed with respect to any G-P Plan.

         (h) Except as disclosed on Schedule 4.9(h), no G-P Plan is subject
to Title IV of ERISA. Neither G-P nor any Related Person has incurred any
material liability under or pursuant to Title I or IV of ERISA or the penalty,
excise tax or joint and several liability provisions of the Code Relating to
employee benefit plans and, to the Knowledge of G-P, no event or condition has
occurred or exists which could result in any material liability to G-P, such
Related Person or the Company or a CSK Party under or pursuant to Title I or IV
of ERISA or such penalty, excise tax or joint and several liability provisions
of the Code. No G-P Plan has incurred an "accumulated funding deficiency" within
the meaning of such sections of the Code and ERISA, whether or not waived; and
no such G-P Plan has been terminated. Except as disclosed on Schedule 4.9(h),
G-P does not contribute to, or have any obligation to contribute to, a
multiemployer plan as defined in Section 4001(a)(3) of ERISA with regard to the
Employees or Retired Employees.

         (i) Each of the G-P Plans that is intended to be qualified under
Section 401(a) of the Code, and the trust, if any, forming a part thereof, has
received a favorable determination letter from the Internal Revenue Service as
to the qualification of its form under the Code and to the effect that each such
trust is exempt from taxation under Section 501(a) of the Code and, to the
Knowledge of G-P nothing has occurred since the date of such determination
letter that adversely affects such qualification or tax-exempt status. Except as
disclosed in Schedule 4.9(i), all reports and other documents required to be
filed with any governmental agency or distributed to plan participants or
beneficiaries (including, but not limited to, actuarial reports, audits or Tax
Returns) have been duly filed or distributed on a timely basis, and copies
thereof have been or will be furnished to CSK upon reasonable request.

                                       29
<PAGE>

         4.10 COMPLIANCE WITH LAWS. Except as set forth in Schedule 4.10,
the G-P Business is being conducted in compliance with all applicable Laws to
the G-P Business and, as of the Closing, the Company will have (subject to
obtaining the Consents) all Governmental Authorizations necessary for the
conduct of the G-P Business as currently conducted, except for such
non-compliance or the failure to obtain such Consent or Consents which would not
have a Material Adverse Effect; it being understood that nothing in this
representation is intended to address any compliance issue that is the subject
of the representations and warranties set forth in Sections 4.7, 4.8, 4.9, 4.11,
4.12, or 4.13 hereof, and that G-P makes no representations in this Section 4.10
as to the transferability or assignability of any such Governmental
Authorizations. G-P has not received written notice that any Governmental
Authorization may be suspended, revoked, materially modified or canceled.

         4.11 ENVIRONMENTAL MATTERS.

         (a) Schedule 4.11(a) sets forth a list of all material Environmental
Permits in connection with the G-P Business.

         (b) Except as would not have a Material Adverse Effect, or as
disclosed on Schedule 4.11(b):

                  (i) The Environmental Permits are all the permits, licenses,
certificates and authorizations of, and registrations with, any of the
Environmental Authorities pursuant to the Environmental Laws necessary to
conduct the G-P Business substantially as presently conducted. The Environmental
Permits are in full force and effect and G-P is in compliance in all respects
thereunder. The consummation of the transactions contemplated hereunder will not
require any renewal, consent, amendment or other action in connection with any
of the Environmental Permits. G-P is in compliance with the Environmental Laws
applicable to the conduct of the G-P Business.

                  (ii) There is no claim, suit, action or other proceeding,
including appeals and applications for review, outstanding or pending against
G-P pursuant to any of the Environmental Laws Relating to the G-P Business.

                  (iii) G-P has no liability for any release, spill, leakage,
pumping, emission, empty, discharge, injection, escape, leaching, disposal or
dumping of any Hazardous Substances on or from any of the G-P Real Property,
except in such manner or quantity as would not constitute a violation of any of
the Environmental Laws or Environmental Permits.

                  (iv) G-P has maintained all records in respect of the G-P
Business required by the Environmental Laws and Environmental Permits, in the
manner and for the time periods as so required.

                  (v) Since June 30, 1994, G-P has received no notice of
investigation or non-compliance or written order from any of the Environmental
Authorities, including any notice of contamination or clean-up requirements,
pursuant to any of the Environmental Laws with respect to the G-P Business.

                                       30
<PAGE>

         (c) G-P has no liability for release of PCB's and other Hazardous
Substances into the Fox River, Wisconsin or its associated waterways.

         4.12 INTELLECTUAL PROPERTY.

         (a) Schedule 4.12 sets forth a list and description (including the
country of registration) of all issued or registered U.S., Canadian and Mexican
patents and trademarks comprising the owned G-P Intellectual Property currently
(or, to the Knowledge of G-P, within the last 12 months) used in the G-P
Business (other than "shrink wrap" consumer software licenses). No third party
has rights in, or otherwise has the right to restrict G-P's use of, G-P
Intellectual Property owned by G-P, and, to G-P's Knowledge, no third party has
rights in, or otherwise has the right to restrict the Company's use of the G-P
Intellectual Property as of and following the Closing.

         (b) To the Knowledge of G-P, no product, component, method,
process, or material (including computer software) used, sold or manufactured by
the G-P Business infringes on, misappropriates, or otherwise violates a valid
and enforceable intellectual property right of any other Person.

         (c) There are no demands, actions or proceedings pending or, to
the Knowledge of G-P, threatened, against G-P Relating to the G-P Business
alleging infringement, misappropriation or violation of any intellectual
property right of any other Person, and, to the Knowledge of G-P, no Person is
infringing, misappropriating, challenging, or violating, the Intellectual
Property owned by G-P, except for challenges, infringements, misappropriation or
violations which, individually or in the aggregate, would not have a Material
Adverse Effect.

         (d) All of the G-P Intellectual Property will be licensed to the
Company at Closing, except to the extent certain Intellectual Property used by
G-P to provide services under the Operational Support Agreement is specifically
excluded thereunder. G-P agrees that Intellectual Property provided under the
Operational Support Agreement will be provided to the Company on and after
Closing on the same terms and conditions under which it was available to the G-P
Business prior to the Closing in accordance with the terms of the Transition
Services Agreement.

         (e) Schedule 4.12(e) sets forth G-P's efforts at addressing the
Year 2000 issue in the G-P Business. The information set forth therein is
accurate as of the date hereof, in all material respects. G-P has developed and
begun implementing a Project Plan to remediate and/or replace Computer Systems
that are used or relied upon in the G-P Business but are not Year 2000 Ready.
Such remediation and/or replacement is scheduled to be completed in 1999.

         4.13 LABOR MATTERS.  Except as disclosed on Schedule 4.13:

         (a) As of the date hereof, G-P is not a party to any labor or
collective bargaining agreement or similar agreement with respect to Employees
of the G-P Business, no such Employees are represented by any labor organization
and, to the Knowledge of G-P, there are no organizing or de-certification
activities (including any demand for recognition or certification

                                       31
<PAGE>

proceedings pending or threatened to be brought or filed with the National Labor
Relations Board or other labor relations tribunal) involving the G-P Business;

         (b) As of the date hereof, there are no strikes, work stoppages,
slowdowns, lockouts, unfair labor practice charges pending or, to the Knowledge
of G-P, threatened against or involving the Employees of the G-P Business;

         (c) There are no complaints, charges, claims or grievances against G-P
pending or, to the Knowledge of G-P, threatened to be brought or filed with any
Governmental Authority, arbitrator or court based on or arising out of the
employment by G-P of any Employee of the G-P Business, except for those which,
individually or in the aggregate, would not have a Material Adverse Effect;

         (d) G-P is in compliance with all Laws Relating to the employment of
labor, including all such Laws Relating to wages, hours, collective bargaining,
discrimination, civil rights, safety and health, immigration, workers'
compensation, layoffs, and the collection and payment of withholding and/or
Social Security Taxes and similar Taxes, except where the failure to be in
compliance would not have a Material Adverse Effect; and

         (e) G-P has given all notices required to be given prior to the Closing
Date under WARN Obligations Relating to any plant closing or mass layoff that
occurred during the 90 days immediately preceding the Effective Time pertaining
to the G-P Business.

         4.14 CONTRACTS. Schedule 4.14 sets forth a list, as of the date hereof,
of each Contract that is Related to the G-P Business other than (a) G-P Real
Property Leases, which are listed on Schedule 4.15, and collective bargaining
agreements, which are listed on Schedule 4.13, (b) purchase orders or similar
agreements for the purchase or sale of goods or services in the ordinary course
of business, (c) confidentiality agreements entered into in the ordinary course
of business in connection with the purchase and sale of Inventory, and (d) any
Contract which requires a payment or imposes an obligation on either party
thereto of less than $1,000,000 in the aggregate. Schedule 4.14 also identifies
any Contract that contains a non-compete covenant or similar provision that
could materially restrict the Company in its conduct of the G-P Business
following Closing, any employment agreement with any Employee of the G-P
Business, any employment agreement included in the G-P Contributed Assets or G-P
Assumed Liabilities, any Contract between any Affiliates of G-P, on one hand,
and G-P on the other hand, any agreements Related to payments in lieu of taxes,
any agreement or license Related to Intellectual Property (other than "shrink
wrap" consumer software licenses), leases and license agreements for any
Computer Systems (other than "shrink wrap" consumer software licenses), all
material agreements for telecommunications voice (including without limitation,
local, long distance and toll free service) and data services, Internet access,
hosting and use services. Each Contract set forth on Schedule 4.14 is a valid
and binding agreement of G-P and, to the Knowledge of G-P, is in full force and
effect. Except as otherwise provided in Schedule 4.14, G-P is not, and, to G-P's
Knowledge, no other party thereto is, in default in any material respect under
any Contract listed on Schedule 4.14 or any collective bargaining agreement
listed on Schedule 4.13.

                                       32
<PAGE>

         4.15 REAL ESTATE LEASES. Schedule 4.15 sets forth a list, as of the
date hereof, of each material written G-P Real Estate Lease with a term of more
than one month that is Related to the G-P Business. Each G-P Real Estate Lease
set forth on Schedule 4.15 is a valid and binding agreement of G-P and is in
full force and effect. There are no defaults under any G-P Real Estate Lease
listed on Schedule 4.15 which defaults have not been cured or waived and which
would, individually or in the aggregate, have a Material Adverse Effect.

         4.16 ENTIRE BUSINESS; TITLE TO PROPERTY

         (a) Except as set forth in Schedule 4.16(a) and Schedule 4.6(a),
the G-P Contributed Assets, the G-P Retained Assets (including cash and cash
accounts, disbursement accounts, invested securities and other short and medium
term investments, the G-P Marks, the G-P Plans, and G-P's insurance policies),
and the rights specifically provided or made available to the Company under the
Ancillary Agreements, include all of the buildings, machinery, equipment and
other assets (whether tangible or intangible) necessary for the Company
immediately after Closing to conduct in all material respects the G-P Business
as conducted as of the date hereof, and as conducted during the 12-month period
prior to the date hereof (subject to changes expressly permitted by the terms
hereof to be made after the date hereof); provided, however, that no
representation is made as to the assignability of Government Authorizations.

         (b) G-P has good (and, in the case of its Owned Real Property,
marketable) title to, or a valid and binding leasehold interest in, the G-P
Contributed Assets, free and clear of all Encumbrances, except (i) as set forth
in Schedule 4.16(b) and (ii) any Permitted Encumbrances.

         (c) G-P Contributed Assets do not include any equity interest in
any Subsidiary.

         (d) The G-P Contributed Assets are in good operating condition and
repair (subject to normal wear and tear). Except as set forth on Schedule
4.16(d), to G-P's Knowledge, there are no material structural or mechanical
defects with respect to any buildings, improvements or equipment included in the
G-P Contributed Assets, which defects are reasonably likely to have a Material
Adverse Effect.

         4.17 FINDER'S FEES. Except for Morgan Stanley Dean Witter Co.,
whose fees will be paid by G-P, there is no investment banker, broker or finder
which has been retained by or is authorized to act on behalf of G-P who might be
entitled to any fee or commission from G-P or the Company in connection with the
transactions contemplated by this Agreement.

         4.18 INSURANCE. Schedule 4.18 attached hereto sets forth the
following information with respect to each insurance policy to which G-P, with
respect to the G-P Business, has been a party, a named insured, or otherwise the
beneficiary of coverage at any time with in the past five years:

         (a) the name of the insurer, the name of the policyholder, and the name
of each covered insured;

                                       33
<PAGE>

         (b) the scope, period and amount of coverage; and

         (c) a description of any retroactive premium adjustments or other
loss-sharing arrangements.

Schedule 4.18 also describes any self insurance arrangements affecting the G-P
Business. As of the date hereof, G-P has not received any written notice of any
retroactive premium increase or assessment applicable to the G-P Business.
Except as disclosed on Schedule 4.18, all of such policies are in full force and
effect.

         4.19 NO UNDISCLOSED LIABILITIES. With respect to the G-P Business,
G-P does not have any obligations or liabilities (whether accrued, absolute,
contingent, unliquidated or otherwise, whether or not known to G-P, whether due
or to become due and regardless of when asserted) arising out of transactions
entered into at or prior to the Closing, or any action or inaction at or prior
to the Closing, or any state of facts existing at or prior to the Closing other
than: (a) liabilities set forth on G-P's Financial Statements (including any
notes thereto, if any); (b) liabilities and obligations arising from or in
connection with matters disclosed pursuant to G-P's representations and
warranties in this Agreement or in the Disclosure Schedules (none of which,
except as set forth on Schedule 4.7, is a liability resulting from a breach of
contract, breach of warranty, tort, infringement claim or lawsuit), other than
liabilities and obligations arising from or in connection with matters disclosed
pursuant to Section 4.11; (c) liabilities and obligations arising from or in
connection with matters disclosed pursuant to Section 4.11; (d) liabilities and
obligations which have arisen after April 30, 1999 in the ordinary course of
business (none of which, except as set forth on Schedule 4.7, is a liability
resulting from a breach of contract, breach of warranty, tort, infringement
claim or lawsuit); and (e) such other liabilities or obligations that do not
have a Material Adverse Effect.

         4.20 NO MATERIAL ADVERSE CHANGE. Except as disclosed on Schedule 4.20,
since April 30, 1999, G-P has conducted the G-P Business in the ordinary course
and in a manner consistent with the practices applied during the periods
specified in the G-P Financial Statements, and there has been no Material
Adverse Effect in the G-P Business. Except as set forth on Schedule 4.20, and
except as such does not have a Material Adverse Effect, G-P has not with respect
to the G-P Business:

         (a) been a party to any corporate reorganization, restructuring or
merger or amalgamation or amended its certificate or articles of incorporation
or bylaws;

         (b) declared or paid any dividend or declared or made any other
distribution (whether in cash, stock or property) on any of the shares of its
capital stock;

         (c) incurred or discharged any obligation or liability (whether
accrued, absolute or contingent) other than in the ordinary course of and in a
manner consistent with past practices for the G-P Business;

                                       34
<PAGE>

         (d) entered into any transaction, contract, agreement, indenture,
instrument or commitment other than in the ordinary course of and in a manner
consistent with past practices for the G-P Business;

         (e) suffered or incurred any material damage, destruction, loss or
liability (whether or not covered by any insurance);

         (f) experienced any strike, lockout or other labor trouble such as slow
down or work stoppage, or any loss of any of its key Employees, customers,
suppliers or distributors;

         (g) suffered any shortage or cessation or interruption of raw
materials, supplies or utilities that could have a Material Adverse Effect on
the G-P Business;

         (h) made any change in its accounting principles, policies and
practices as utilized in the preparation of the G-P Financial Statements;

         (i) made any loan or advance, or assumed, guaranteed, endorsed or
otherwise become liable with respect to the liabilities or obligations of any
other Person or entity, or permitted any of its assets to be subjected to any
lien or security interest (except for Permitted Encumbrances);

         (j) granted to any customer any allowance or discount or changed its
pricing, credit or payment policies other than in the ordinary course of and in
a manner consistent with past practices for the G-P Business (except for
non-material variations therefrom in the aggregate;

         (k) incurred any indebtedness, liability or obligation (absolute,
accrued, contingent or otherwise) other than in the ordinary course of and in a
manner consistent with past practices for the G-P Business;

         (l) sold, leased or otherwise disposed of any of its assets or any
right, title or interest therein other than in the ordinary course of and in a
manner consistent with past practices for the G-P Business;

         (m) made any payment to, or for the benefit of, any present or former
Employee, director, officer or shareholder otherwise than at the regular rates
payable to them, by way of salary, pension, bonus or other remuneration
consistent with past practices for the G-P Business;

         (n) committed to any capital expenditure project or made any
investment, in either case in excess of Five Hundred Thousand Dollars ($500,000)
not disclosed to CSK prior to the date of this Agreement; or

         (o) authorized or agreed to do any of the foregoing matters referred to
in this Section 4.20.

                                       35
<PAGE>

         4.21 INDEBTEDNESS FOR BORROWED MONEY There is no indebtedness for
borrowed money included in the G-P Assumed Liabilities.

         4.22 KNOWLEDGE AS OF CLOSING DATE. G-P has no Knowledge, as of the
Closing Date, that any representation or warranty made by the CSK Parties in
Article III (and related schedules) is untrue.

         4.23 ORGANIZATION OF COMPANY. The Company is a limited liability
company, duly organized, validly existing and in good standing under the laws of
the State of Delaware.

         4.24 AUTHORIZATION OF COMPANY. The Company has full limited liability
company power and authority to execute and deliver this Agreement, and to
perform its obligations hereunder and under any agreement or contract
contemplated hereby, including the Ancillary Agreements. The execution, delivery
and performance by the Company of this Agreement and the agreements and
contracts contemplated hereby has been duly and validly authorized and no
additional limited liability company authorization or consent is required in
connection with the execution, delivery and performance by the Company of this
Agreement and the agreements and contracts contemplated hereby.

         4.25 ACTIVITIES OF COMPANY. Other than entering into this Agreement and
the agreements and contracts contemplated hereby, the Company has not entered
into any agreements or conducted any other business.

         4.26 NO OTHER REPRESENTATIONS OR WARRANTIES. Except for the
representations and warranties contained in this Article IV, neither G-P, nor
any other Person makes any other express or implied representation or warranty
on behalf of G-P.

                                    ARTICLE V
                                    COVENANTS

         5.1      COVENANTS REGARDING EMPLOYEES.

         (a) At the Closing, G-P, the CSK Parties and the Company shall enter
into the Human Resources Agreement, and shall take all actions required by them
pursuant to such Human Resources Agreement.

         (b) CSK shall retain sponsorship of the CSK Plans, and neither the
Company nor G-P shall be entitled to any assets or be liable for any obligations
of the CSK Plans except as provided in the Human Resources Agreement.

                                       36
<PAGE>

         (c) G-P shall retain sponsorship of the G-P Plans and no CSK Party
shall be entitled to any assets or be liable for any obligations of the G-P
Plans except as provided in the Human Resources Agreement.

         5.2 COMPLIANCE WITH WARN AND SIMILAR LAWS. The Company will timely give
all notices required to be given with respect to WARN Obligations Relating to
actions taken on and after the Closing Date.

         5.3 FURTHER ASSURANCES. At any time after the Closing Date, the CSK
Parties, G-P and the Company shall promptly execute, acknowledge and deliver any
other assurances or documents reasonably requested by the Company, G-P or the
CSK Parties, as the case may be, and necessary for them or it to satisfy their
or its respective obligations hereunder or obtain the benefits contemplated
hereby. Without limiting the generality of the foregoing, the Company agrees
that if any of the Contributed Subsidiaries are found to own assets that are not
part of the WISCO Contributed Assets, or if any Retained Assets are
inadvertently transferred to the Company, the Company shall transfer such assets
to G-P or the appropriate CSK Party, as applicable, at G-P's or such CSK Party's
expense, as applicable, but without consideration. If after the Closing either
the Company, a CSK Party or G-P identifies any assets of any CSK Party or G-P
that Relates to the Business and is not a Retained Asset of the CSK Party or GP,
the party retaining any such assets shall transfer such assets to the Company at
the transferring party's expense without further consideration.

         5.4 USE OF G-P INTELLECTUAL PROPERTY AND CSK MARKS. At Closing, G-P
shall provide to the Company a non-exclusive license, substantially in the form
set forth in Schedule 5.4(a) hereto, to use the G-P Intellectual Property.

         5.5 CERTAIN MATTERS RELATED TO RETAINED AND ASSUMED LIABILITIES.

          (a) With respect to all Retained Liabilities and in particular
indemnification under Sections 7.2(a)(ii) and 7.3(a)(ii), the Company shall, at
the expense of the CSK Parties or G-P as applicable, provide reasonable
cooperation including providing the CSK Parties or G-P, as applicable, as
promptly as practicable with any notices and other information received by the
Company as well as all relevant materials, information and data requested by the
CSK Parties or G-P, as applicable, including reasonable access (without charge)
to Employees of the Company and to the Real Property.

          (b) With respect to all Assumed Liabilities, G-P or the CSK Parties,
as the case may be, shall, at the Company's expense, reasonably cooperate with
the Company, provide the Company as promptly as possible with any notices and
other information received by such parties as well as all relevant materials,
information and data requested by the Company and shall grant the Company,
without charge, reasonable access to Employees of the CSK Parties or G-P, as
applicable.

         5.6      INTERCOMPANY AGREEMENTS.

                                       37
<PAGE>

         (a) As of the Effective Time, G-P shall terminate and shall cause its
Affiliates to terminate, any and all agreements between G-P and its Affiliates
to the extent such agreements Relate to the G-P Business, except as contemplated
in the Ancillary Agreements. Without limiting the foregoing, all intercompany
loans between G-P and any of its Affiliates Relating to the G-P Business shall
be paid or otherwise eliminated prior to the Effective Time.

         (b) As of the Effective Time, the CSK Parties shall terminate and shall
cause its Affiliates to terminate, any and all agreements between any of the CSK
Parties and its Affiliates to the extent such agreements Relate to the WISCO
Business, except as contemplated in the Ancillary Agreements. Without limiting
the foregoing, all intercompany loans between the CSK Parties and any of its
Affiliates Relating to the WISCO Business shall be paid or otherwise eliminated
prior to the Effective Time.

         5.7 RECORDS AND RETENTION AND ACCESS. The Company shall keep and
preserve in an organized and retrievable manner the Books and Records it
receives from either party for at least seven years from the Closing Date. The
Company shall neither dispose of nor destroy such Books and Records without
first offering to turn over possession thereof to the party that contributed
such Books and Records by written notice to such party at least thirty (30) days
prior to the proposed date of such disposition or destruction. While such Books
and Records remain in existence, each party shall allow the other party, its
representatives, attorneys and accountants, at the requesting party's expense,
access to the Books and Records upon reasonable request and advance notice and
during normal business hours for the purpose of interviewing, examining and
copying in connection with such parties' preparation of financial statements.

         5.8 INSURANCE.

         (a) G-P and the CSK Parties shall use commercially reasonable efforts
to assign to the Company, to the fullest extent, all of the benefits and rights
under any insurance policies held by them and/or any of their Affiliates with
respect to any Losses arising out of, Related to or in connection with the
Contributed Assets, the Assumed Liabilities and their respective Businesses
(other than benefits and rights to the extent Related to Retained Assets or
Liabilities) with respect to events occurring prior to the Closing Date (it
being understood that to the extent rights under such insurance policies include
claims for Losses related to Contributed Assets, then such claims shall be
reflected as an insurance receivable on the Closing Working Capital Statement).
The Company shall have the right to such benefits and rights only to the extent
actually paid or payable, and exclusive of any deductibles (including pass
through deductibles for which either party or any Affiliate of such party is
required to reimburse the insurer). To the extent such assignment is not
permitted, G-P or the CSK Parties, as applicable, shall use commercially
reasonable efforts on the Company's behalf to obtain such proceeds or benefits
for the Company, or otherwise to provide the Company with the benefit equivalent
to that which would have been available had such assignment been permitted.

         (b) The CSK Parties and G-P shall cooperate with the Company in
obtaining insurance policies for the Business to be in effect from and after
Closing. Notwithstanding such

                                       38
<PAGE>

assistance, all decisions with respect to such policies shall be made solely by
the Company, and neither the CSK Parties nor G-P shall have any liability,
whether to the Company or to any other Person, whether as an advisor, broker or
otherwise, under any other theory, in connection with providing such assistance
and cooperation. The CSK Parties and G-P make no assurances whatsoever with
respect to such insurance coverage, including the availability or price thereof.

         5.9 SPECIAL CSK RETAINED LIABILITY. Notwithstanding Section 2.1(a)
hereof, CSK shall retain and be solely responsible for, and CSK and WISCO shall
indemnify and hold harmless the Company, G-P and all G-P Affiliates from and
against, any and all costs, liabilities, damages, expenses or Losses of any kind
whatsoever which may be incurred by or assessed against any of them arising out
of or in any way related to the release, spill, leak, pumping, pouring,
emitting, emptying, discharge, injecting, escaping, leaching, dumping, disposal
or arranging for disposal (hereinafter "release") of (i) PCBs and/or any other
Hazardous Substance into, on or around the Fox River in Wisconsin and its
associated waterways by any CSK Parties, and (ii) PCBs into, on or around any
landfill, disposal site or dump located in Wisconsin, by CSK, WISCO or any of
their Affiliates or successors or predecessors in interest (the "Fox River
Liability"). The Company shall provide reasonable cooperation to CSK, WISCO and
their predecessors or successors in interest in their defense of any liability
for the release of PCBs and/or other Hazardous Substances into, on or around the
Fox River and its associated waterways, and all costs incurred by the Company in
so cooperating will be reimbursed to it by CSK or WISCO. Such indemnification
shall not be limited by any Survival Period, Deductible or WISCO Cap set forth
in Article VII. For purposes of this Section 5.9, the term "Fox River Liability"
shall not include liability for dumping or disposal of Hazardous Substances by
WISCO at the Vinland #1 and #2 disposal sites owned by WISCO.

         5.10 PREPARATION OF REGISTRATION STATEMENT. As soon as practicable
after the execution and delivery of this Agreement, the Company and G-P shall
prepare and file with the Securities and Exchange Commission the Registration
Statement in connection with the registration under the Securities Act of debt
to be incurred by the Company to refinance the Company Debt. The CSK Parties
each shall cooperate to the extent such cooperation is reasonably required to
file such Registration Statement; provided that the CSK Parties shall not be
required to execute any documents other than a WISCO debt indemnity as
contemplated in the Operating Agreement.

         5.11 USE OF WISCO NAME. As soon as practicable and in any event within
three months following the Closing, WISCO shall change its corporate name, and
immediately following the Closing neither WISCO, CSK nor any Subsidiary or
Affiliate of CSK shall make use of the names "Wisconsin Tissue Mills",
"Wisconsin Tissue" or "WISCO" or any names confusingly similar to such names
other than in connection with the defense of litigation.

         5.12 PRORATION OF CERTAIN CHARGES. The following charges and payments
may be prorated on a per diem basis and apportioned between each party
transferring Contributed Assets on the one hand and the Company on the other, as
of the Closing Date: property taxes, utility charges, prepaid items, license and
permit fees, and similar charges imposed with respect to the Contributed Assets.
To the extent not reflected on the Final Working Capital Statement, each

                                    39
<PAGE>

party transferring Contributed Assets shall be liable for (and shall reimburse
the Company to the extent the Company shall have paid) that portion of such
charges Relating to, or arising in respect to, periods on or prior to the
Closing Date, and the Company shall be liable for (and shall reimburse the Party
contributing such assets to the extent the contributing party shall have paid)
that portion of the charges Relating to, or arising in respect to, periods after
the Closing Date.

                                   ARTICLE VI
                              CONDITIONS TO CLOSING

[Intentionally Deleted]

                                   ARTICLE VII
                            SURVIVAL; INDEMNIFICATION

         7.1 SURVIVAL. The representations and warranties contained in this
Agreement shall survive the Closing (regardless of any investigation, inquiry or
examination made by or on behalf of, or any Knowledge of any party hereto or the
acceptance of any party or on its behalf of a certificate and opinion) for the
respective periods (each, a "Survival Period") set forth in this Section 7.1.
All of the representations and warranties of the CSK Parties and G-P contained
in this Agreement and all claims and causes of action with respect thereto shall
terminate on April 30, 2001, except that (a) the representations and warranties
set forth in Section 3.11, 3.19(c) and 4.11(a)-(b) shall terminate upon the
expiration of the 36 month period commencing on the Closing Date, (b) the
representations and warranties set forth in Sections 3.8, 3.9, 3.12, and 4.8,
4.9, and 4.12 shall survive until the expiration of the applicable statute of
limitation (including any extension thereof), and (c) the representations and
warranties set forth in Sections 3.1, 3.2, 3.5, 3.17, and 4.1, 4.2, 4.5,
4.11(c), and 4.17 shall have no expiration date. Any claim for indemnification
for breach of a representation and warranty must be made during the applicable
Survival Period. In the event notice (within the meaning of Section 7.5(a)) of
any claim for indemnification for a breach of a representation or warranty is
given within the applicable Survival Period, an Indemnifying Party's obligations
with respect to such indemnification claim shall survive until such time as such
claim is finally resolved.

         7.2 INDEMNIFICATION BY G-P.

         (a) G-P shall indemnify, defend and hold harmless CSK, WISCO, their
Affiliates and, if applicable, their respective directors, officers,
shareholders, partners, members, attorneys, accountants, agents and Employees
and their heirs, successors and assigns (the "WISCO Indemnified Parties") and
the Company from, against and in respect of any damages, claims, losses,
charges, actions, suits, proceedings, deficiencies, Taxes, interest, penalties,
and reasonable costs and expenses (including reasonable attorneys' fees, removal
costs, remediation costs, closure costs, fines, penalties and expenses of
investigation and ongoing monitoring) (collectively, the "Losses") imposed on,
sustained, incurred or suffered by or asserted against any

                                       40
<PAGE>

of the WISCO Indemnified Parties or the Company, directly or indirectly,
Relating to or arising out of:

         (i)      subject to Section 7.2(b), any breach of any representation or
                  warranty made by G-P in this Agreement;

         (ii)     the G-P Retained Liabilities; and

         (iii)    the breach of any covenant or agreement of G-P contained in
                  this Agreement.

         (b) G-P shall not be liable to the WISCO Indemnified Parties or the
Company for any Losses with respect to the matters contained in Section
7.2(a)(i) (other than the representation in Section 4.6) until the Losses
therefrom first exceed an aggregate amount equal to $3,760,000 (the "G-P
Deductible"), and in that event, G-P shall be liable for all Losses in excess
thereof up to an aggregate amount equal to 50% of the value of the G-P Business
as set forth in Section 2.8(a) hereof (the "G-P Cap"); PROVIDED, HOWEVER, that
the G-P Deductible and the G-P Cap shall not apply to claims arising out of the
breach of a representation or warranty, if such representation or warranty was
made fraudulently by G-P or if such representation or warranty was, to the
Knowledge of G-P, false at the time made.

         7.3      INDEMNIFICATION BY CSK.

         (a) CSK and its Affiliates shall indemnify, defend and hold harmless
G-P, its Affiliates and, if applicable, their respective directors, officers,
shareholders, partners, members, lenders, attorneys, accountants, agents and
Employees and their heirs, successors and assigns (the "G-P Indemnified
Parties") and the Company from, against and in respect and to the extent of any
Losses imposed on, sustained, incurred or suffered by or asserted against each
of the G-P Indemnified Parties or the Company, directly or indirectly, Relating
to or arising out of:

         (i)      subject to Section 7.3(b), any breach of any representation or
                  warranty made by any CSK Party in this Agreement;

         (ii)     the WISCO Retained Liabilities; and

         (iii)    the breach of any covenant or agreement of any CSK Party
                  contained in this Agreement.

         (b) CSK shall not be liable to the G-P Indemnified Parties or the
Company for any Losses with respect to the matters contained in Section
7.3(a)(i) (other than the representation in Section 3.6) until the Losses
therefrom first exceed an aggregate amount equal to $7,750,000 (the "WISCO
Deductible"), and in that event, WISCO shall be liable for all Losses in excess
thereof paid or suffered by G-P or the Company up to an aggregate amount equal
to 50% of the value of the WISCO Business as set forth in Section 2.8 hereof
(the "WISCO Cap"); PROVIDED, HOWEVER, that the WISCO Deductible and the WISCO
Cap shall not apply to claims arising out of the

                                       41
<PAGE>

breach of a representation or warranty, if such representation or warranty was
made fraudulently by WISCO or if such representation or warranty was, to the
Knowledge of WISCO, false at the time made.

         7.4 INDEMNIFICATION BY THE COMPANY.

                  The Company shall indemnify, defend and hold harmless the G-P
Indemnified Parties or the WISCO Indemnified Parties, as the case may be, from
and against and in respect and to the extent of any Losses imposed on,
sustained, incurred or suffered by or asserted against either the G-P
Indemnified Parties or the WISCO Indemnified Parties, directly or indirectly,
Relating to or arising out of (i) the breach of any covenant or agreement of the
Company in this Agreement; or (ii) the Assumed Liabilities; provided that the
Company shall have no indemnification obligations hereunder for any Losses
resulting from a payment of a claim made pursuant to clauses (i) and (ii) above
and incurred or suffered by any Person solely in such Person's capacity as a
member of the Company, equity owner or debt holder of the Company, including
Losses for diminution of the value of such equity, debt or member interest.

         7.5 INDEMNIFICATION PROCEDURES.

         (a) Any Indemnified Person making a claim for indemnification pursuant
to Section 7.2, 7.3 or 7.4 above (an "Indemnified Party") must give the party
from whom indemnification is sought (an "Indemnifying Party") notice of such
claim (in a manner consistent with Section 10.1 hereof) describing such claim
with reasonable particularity and the nature and amount of the Loss to the
extent that the nature and amount of such Loss is known at such time (an
"Indemnification Claim Notice") promptly after the Indemnified Party receives
any written notice of any action, lawsuit, proceeding, investigation or other
claim (a "Proceeding") against or involving the Indemnified Party by a
Governmental Authority or other third party or otherwise discovers the
liability, obligations or facts giving rise to such claim for indemnification;
provided that the failure to notify or delay in notifying an Indemnifying Party
will not relieve the Indemnifying Party of its obligations pursuant to Section
7.2, 7.3 or 7.4, as applicable, except to the extent that (and only to the
extent that) such failure shall have (i) caused or materially increased the
Indemnifying Party's liability, (ii) resulted in the forfeiture by the
Indemnifying Party of substantial rights and defenses or (iii) otherwise
materially prejudiced the Indemnifying Party.

         (b) The Indemnifying Party shall have 30 days from the date the
Indemnification Claim Notice is deemed given pursuant to Section 10.1 hereof
(the "Notice Period") to notify the Indemnified Party (i) whether or not the
Indemnifying Party disputes the liability of the Indemnifying Party to the
Indemnified Party with respect to such claim or demand and (ii) whether or not
it desires to defend the Indemnified Party against such claim or demand.

         (c) If (i) the Indemnifying Party agrees in writing that the subject
matter of the claim is subject to indemnification under this Article VII and
(ii) the claim for indemnification does not relate to a matter (A) that, if
determined adversely, could reasonably be expected to expose the Indemnified
Party to criminal prosecution or penalties, (B) that, if determined adversely,
could

                                       42
<PAGE>

reasonably be expected to result in the imposition of a consent order,
injunction or decree which would significantly restrict the activity or conduct
of the Indemnified Party or any Affiliate thereof, or (C) as to which the
Indemnified Party shall have reasonably concluded, in good faith, after
consultation with the Indemnifying Party, that such representation is likely to
result in a conflict of interest or materially jeopardize the viability of such
defense, then the Indemnifying Party shall have the right to defend the
Indemnified Party by appropriate proceedings and shall have the sole power to
direct and control such defense. If any Indemnified Party desires to participate
in any such defense, it may do so at its sole cost and expense.

         (d) If the claim relates to a matter for which both the Indemnifying
Party and any Indemnified Party could be liable or responsible hereunder, such
as a Loss for which both parties could be partially liable due to the applicable
Cap and the Deductible, the Indemnifying Party and the Indemnified Parties shall
cooperate in good faith in the defense of such action. In such event, no party
shall settle any claim without the prior consent of the other party (which
consent shall not be unreasonably withheld); provided, however, that neither an
Indemnified Party nor an Indemnifying Party shall be required to consent to any
settlement if the proposed settlement (i) does not provide for a full release of
all claims against such party, (ii) is on a basis which would result in the
imposition of a consent order, injunction or decree or any other restriction on
the activity or conduct of such party, or (iii) is on a basis which could, in
such party's judgment, expose such party to criminal liability or requires an
admission of wrongdoing by such party. If an Indemnified Party or an
Indemnifying Party does not consent to a definitive settlement proposed by the
other party (with respect to which a settlement agreement has been agreed to by
all parties other than such party) which settlement satisfies the foregoing
clauses (i) through (iii), then the party declining such settlement shall
thereafter have full control of the defense of such claim, and the maximum
liability of the party that proposed such settlement shall be as though such
matter had settled on the terms so proposed, including the amount of the
proposed settlement, together with all legal costs and expenses incurred in
connection with such matter through and including the proposed settlement date.
For purposes of Section 7.2 or 7.3, the actual amount of the Loss up to the
amount of such party's maximum liability (determined in accordance with the
preceding sentence) shall be the amount of the Loss of such Party for purposes
of determining whether the applicable Deductible has been met. Notwithstanding
anything in Section 7.2 or 7.3 to the contrary, if an Indemnified Party and all
other parties other than the Indemnifying Parties have reached a definitive
settlement agreement which satisfies the foregoing clauses (i) through (iii),
the amount of the Loss for purposes of determining whether the applicable Cap
has been met shall equal the amount contemplated by such definitive settlement
regardless of the actual amount of such Loss. If the parties agree to the
settlement, the relative liabilities of the parties for such Losses shall be
determined as provided in the other provisions of this Article VII.

         (e) All costs and expenses incurred by the Indemnifying Party in
defending a claim or demand under Section 7.4(c), and all costs and expenses
incurred by the Indemnified Party in defending a claim or demand which the
Indemnifying Party has elected not to defend (including by virtue of its failure
to give timely notice to the Indemnified Party) or is not permitted to defend
under Section 7.4(c) shall be a liability of, and shall be paid by, the
Indemnifying Party, subject to any applicable Deductible and Cap.

                                       43
<PAGE>

         (f) To the extent the Indemnifying Party shall direct, control or
participate in the defense or settlement of any third-party claim or demand, the
Indemnified Party will give the Indemnifying Party and its counsel access to,
during normal business hours, the relevant business records and other documents,
and shall permit them to consult with the Employees and counsel of the
Indemnified Party. The Indemnifying Party and Indemnified Parties shall use
their best efforts in the defense of all such claims.

         (g) In connection with the indemnification obligations set forth in
Sections 7.2(a)(ii) and 7.3(a)(ii), CSK Parties, G-P and the Company shall
comply with the obligations contained in Section 5.5.

         7.6 ACKNOWLEDGMENT REGARDING ENVIRONMENTAL LIABILITIES. G-P and each of
the CSK Parties acknowledge the allocation of relative responsibility for
liabilities under Environmental Laws under this Agreement is a material term of
this Agreement, and that (i) they have taken such matters into consideration in
determining the financial and other terms of this transaction, and (ii) they
understand that the Company is accepting all risks resulting or arising in any
way from any known or unknown liabilities in connection with such matters
arising in connection with or in any way relating to the Businesses (other than
the Retained Environmental Liabilities of either G-P or the CSK Parties) and
that CSK and WISCO are retaining all risks Relating to the Retained
Environmental Liabilities and indemnifying G-P and the Company for certain
Losses Relating to environmental matters under Section 7.3(a) and Section 5.9.
G-P and the CSK Parties acknowledge that none of them shall have any claim of
any nature against the other or the other's Affiliates in connection with any
matters Relating to known or unknown soil or groundwater contamination or any
other claims under any Environmental Laws, other than as set forth herein.

         7.7 CHARACTERIZATION OF INDEMNIFICATION PAYMENTS. (a) To the extent the
Company is an Indemnified Party, any payments to the Company pursuant to this
Article VII shall not result in an adjustment to any party's capital account in
the Company or percentage of ownership interest of the Company; and (b) all
amounts paid to G-P, or CSK, as the case may be, under this Article VII shall
not be treated as adjustments to the amount contributed to the Company by G-P or
CSK, pursuant to Section 2.4(a) or (b) hereof.

                                       44
<PAGE>

                                  ARTICLE VIII
                                  TAX COVENANTS

         8.1 LIABILITY FOR TAXES.

         (a) CSK shall be liable for, and shall indemnify, defend and hold the
Company harmless from and against, and shall be entitled to all refunds of, any
and all Taxes imposed on or with respect to the WISCO Contributed Subsidiaries,
or their respective assets, operations or activities for any Pre-Closing Period,
except to the extent that any such Taxes are reflected on the Final Working
Capital Statement or result from a carryback from any Post-Closing Period;
provided, however, that the amount of any indemnity obligation of CSK shall be
reduced by the amount of any Tax Benefits (for any period) realized or to be
realized by the Company, G-P or its Affiliates, or any Contributed Subsidiary as
a result of any adjustment to a Tax item for any Pre-Closing Period.

         (b) The Company shall be liable for, and shall indemnify, defend and
hold CSK harmless from and against, any and all Taxes imposed on or with respect
to the Contributed Subsidiaries or their respective operations, ownership,
assets or activities for any Post-Closing Period.

         (c) Tax items shall be apportioned between Pre-Closing Periods and
Post-Closing Periods based on a closing of the Books and Records of the relevant
entity or entities as of the Closing Date (provided that (i) depreciation,
amortization and depletion for any Straddle Period shall be apportioned on a
daily pro rata basis and (ii) any Taxes imposed on a periodic basis (including
Real Property Taxes, but not including Taxes based on income and receipts) for
any Straddle Period shall be apportioned on a daily pro rata basis).
Notwithstanding anything to the contrary in the preceding sentence, the parties
agree that for U.S. federal income Tax purposes, Tax items for any Straddle
Period shall be apportioned between Pre-Closing Periods and Post-Closing Periods
in accordance with U.S. Treasury Regulation Section 1.1502-76(b), which
regulation shall be reasonably interpreted by the parties in a manner intended
to achieve the method of apportionment described in the preceding sentence.
Neither CSK nor G-P will exercise any option or election (including any election
to ratably allocate a Tax year's items under Treasury Regulation Section
1.1502-76(b) (2) (ii)) to allocate Tax items in a manner inconsistent with this
section.

         (d) G-P shall be liable for, and shall indemnify, defend and hold the
Company harmless from and against, and shall be entitled to all refunds of, any
and all Taxes imposed on or with respect to the G-P Contributed Subsidiaries, or
their respective assets, operations or activities for any Pre-Closing Period,
except to the extent that any such Taxes are reflected on the Final Working
Capital Statement or result from a carryback from any Post-Closing Period;
provided, however, that the amount of any indemnity obligation of G-P shall be
reduced by the amount of any Tax Benefits (for any period) realized or to be
realized by the Company, CSK or its Affiliates, or any Contributed Subsidiary as
a result of any adjustment to a Tax item for any Pre-Closing Period.

                                       45
<PAGE>

         (e) The Company shall be liable for, and shall indemnify, defend and
hold G-P harmless from and against, any and all Taxes imposed on or with respect
to the Contributed Subsidiaries or their respective operations, ownership,
assets or activities for any Post-Closing Period.

         (f) Tax items shall be apportioned between Pre-Closing Periods and
Post-Closing Periods based on a closing of the Books and Records of the relevant
entity or entities as of the Closing Date (provided that (i) depreciation,
amortization and depletion for any Straddle Period shall be apportioned on a
daily pro rata basis and (ii) any Taxes imposed on a periodic basis (including
Real Property Taxes, but not including Taxes based on income and receipts) for
any Straddle Period shall be apportioned on a daily pro rata basis).
Notwithstanding anything to the contrary in the preceding sentence, the parties
agree that for U.S. federal income Tax purposes, Tax items for any Straddle
Period shall be apportioned between Pre-Closing Periods and Post-Closing Periods
in accordance with U.S. Treasury Regulation Section 1.1502-76(b), which
regulation shall be reasonably interpreted by the parties in a manner intended
to achieve the method of apportionment described in the preceding sentence.
Neither G-P nor CSK will exercise any option or election (including any election
to ratably allocate a Tax year's items under Treasury Regulation Section
1.1502-76(b) (2) (ii)) to allocate Tax items in a manner inconsistent with this
section.

         8.2 PREPARATION OF TAX RETURNS.

         (a) CSK shall have the right and obligation to timely prepare and file,
and cause to be timely prepared and filed, when due (taking into account any
valid extension of the time for filing), any Tax Return that is required to
include the operations, ownership, assets or activities of WISCO, with respect
to the WISCO Contributed Assets, or of any WISCO Contributed Subsidiary for Tax
Periods ending on or before the Closing Date. CSK shall provide the Company with
copies of any such Tax Returns (to the extent that they relate to the WISCO
Contributed Assets or the Business and reasonably may have a material effect on
the Company's or its Affiliates' liability for Taxes) at least 30 days prior to
the due date (as extended) for filing such Tax Returns. In the event that the
Company reasonably determines that any such Tax Return should be modified, the
Company shall notify CSK of the Company's proposed modifications no later than
15 days from the date of receipt of such Tax Return. To the extent that CSK
disagrees with such modifications, the Company and CSK shall endeavor to agree
on the positions to be taken on such return. To the extent that they are unable
to do so, a CPA Firm (other than the regular auditor of CSK, G-P or the Company)
shall be retained to determine the position to be taken, with the fees and
expenses of such CPA Firm to be borne equally by WISCO and the Company. Any such
Tax Return which CSK is required to prepare under the terms hereof shall (to the
extent such Tax Return relates to the WISCO Contributed Assets or the Business
and reasonably may have a material effect on the Company or its Affiliates' Tax
liability) be prepared in accordance with past Tax accounting practices used
with respect to the Tax Returns in question (unless such past practices are no
longer permissible under the Applicable Tax Law), and to the extent any item is
not covered by such past practices (or such past practices are no longer
permissible under the Applicable Tax Law), in accordance with reasonable Tax
accounting practices selected by CSK. The Company shall have the right and

                                       46
<PAGE>

obligation to timely prepare and file, or cause to be timely prepared and filed,
when due (taking into account any valid extension of the time for filing), all
Tax Returns that are required to include the operations, ownership, assets or
activities Related to the Business after the Closing Date or of any WISCO
Contributed Subsidiary for any Tax Period ending after the Closing Date
(including, solely with respect to the WISCO Contributed Subsidiaries, Straddle
Period Tax Returns). The Company shall provide CSK with copies of any Straddle
Period Tax Returns required to be filed by the Company hereunder at least 30
days prior to the due date (as extended) for filing such Tax Returns. In the
event CSK reasonably determines that any Straddle Period Tax Return should be
modified, CSK shall notify the Company of CSK's proposed modifications no later
than fifteen days from the date of receipt of such Tax Return. To the extent
that the Company disagrees with such modifications, the Company and CSK shall
endeavor to agree on the positions to be taken on such return. To the extent
that they are unable to do so, a CPA Firm (other than the regular auditor of
CSK, the Company or G-P) shall be retained to determine the position to be
taken, with the fees and expenses of such accounting firm to be borne equally by
CSK and the Company. Any Straddle Period Tax Return which the Company is
required to prepare under the terms hereof shall be prepared in accordance with
past Tax accounting practices used with respect to the Tax Returns in question
(unless such past practices are no longer permissible under the Applicable Tax
Law), and to the extent any item is not covered by such past practices (or such
past practices are no longer permissible under the Applicable Tax Law), in
accordance with reasonable Tax accounting practices selected by the Company and
CSK.

         (b) CSK and the Company shall prepare and provide to each other such
Tax information as is reasonably requested by the other party with respect to
the operations, ownership, assets or activities of the WISCO Business, with
respect to the WISCO Contributed Assets, or of any WISCO Contributed Subsidiary
to the extent such information is relevant to any Tax Return which CSK or the
Company has the right and obligation hereunder to file.

         (c) To the extent necessary to comply with the provisions of Section
8.1, as between CSK and the Company, the party not preparing a Tax Return shall
pay the party preparing such Tax Return an amount equal to the non-preparing
party's share of the Taxes shown on such Tax Return, if any, determined in
accordance with the principles of Section 8.1, not later than 2 Business Days
before the filing of such Tax Return.

                                       47
<PAGE>

         8.3 AMENDED TAX RETURNS.

         (a) Any amended Tax Return or claim for Tax refund for any WISCO
Contributed Subsidiary for any Pre-Closing Period other than a Straddle Period
shall be filed, or caused to be filed, only by CSK, who shall not be obligated
to make (or cause to be made) such filing. CSK shall not, without the prior
written consent of the Company (which consent shall not be unreasonably withheld
or delayed), make or cause to be made, any such filing, to the extent such
filing, if accepted, reasonably might change the Tax liability of the Company or
any Affiliate of the Company for any Post-Closing Period. At the Company's
request, CSK shall file an amended Tax Return with respect to Taxes accrued on
the Final Working Capital Statement, except to the extent CSK reasonably
objects.

         (b) Any amended Tax Return or claim for Tax refund for any Straddle
Period shall be filed by the party responsible for filing the original Tax
Return hereunder if either the Company or CSK so requests, except that such
filing shall not be done without the consent (which shall not be unreasonably
withheld or delayed) of the Company (if the request is made by CSK) or of CSK
(if the request is made by the Company).

         (c) Any amended Tax Return or claim for Tax refund for any Post-Closing
Period other than a Straddle Period shall be filed, or caused to be filed, only
by the Company, who shall not be obligated to make (or cause to be made) such
filing. The Company shall not, without the prior written consent of CSK file, or
cause to be filed, any such filing to the extent that such filing, if accepted,
reasonably might change the Tax liability of CSK or any Affiliates of CSK for
any Pre-Closing Period or otherwise under this Agreement.

         8.4 CARRY BACKS AND CARRY FORWARDS.

         (a) Unless CSK, in its sole and absolute discretion, consents, the
Company shall not and shall not permit any WISCO Contributed Subsidiary to carry
back any Losses or credits accruing after the Closing Date to any Tax Return of
CSK, a WISCO Contributed Subsidiary, or any Affiliate of either CSK or a WISCO
Contributed Subsidiary for any Pre-Closing Period. To the extent permitted by
Applicable Tax Law, the Company shall and shall cause each WISCO Contributed
Subsidiary to make any elections and take all such actions necessary to avoid
any such carry back. To the extent that, under Applicable Tax Law, and with
CSK's consent, a WISCO Contributed Subsidiary carries back any Losses or credits
accruing after the Closing Date to any Tax Return of CSK or its Affiliates, CSK
shall pay to the Company the excess of the amount of (i) any Tax Benefit
actually realized by CSK and its Affiliates as a result of such carry back
promptly after such Tax Benefits are realized, over (ii) the amount of any Taxes
incurred by CSK and its Affiliates as a result of such carryback (including
without limitation, any Taxes incurred or to be incurred as a result of any
refund of Taxes or interest thereon). The amount of any Tax Benefit shall be
determined (i) by comparing the liability of CSK and its Affiliates for Taxes,
determined without the carry back, to the liability of CSK and its Affiliates
for Taxes, taking into account the carry back and (ii) by treating the carry
back as the last item claimed by CSK and its Affiliates in any given Tax Period.

                                       48
<PAGE>

         (b) CSK shall not be liable hereunder for any decrease to any net
operating loss carry forward or any other Tax attributes available to a WISCO
Contributed Subsidiary resulting from adjustments by any Tax Authority to any
item of income, deduction, credit, or exclusion on Tax Returns for which CSK is
responsible.

         8.5 ADDITIONAL TAX MATTERS.

         (a) As of the Closing Date, CSK shall cause all Tax allocation, Tax
sharing, Tax reimbursement and similar arrangements or agreements applicable to
the WISCO Business between CSK and any Affiliates, on the one hand, and any of
the WISCO Contributed Subsidiaries, on the other, to be extinguished and
terminated with respect to such WISCO Contributed Subsidiaries and any rights or
obligations existing under any such agreement or arrangement to be no longer
enforceable, except to the extent reflected on the Final Working Capital
Statement.

         (b) After the Closing Date, the Company will cause appropriate
Employees of the WISCO Contributed Subsidiaries to prepare usual and customary
Tax Return packages with respect to the Tax Period beginning January 1, 1999 and
ending as of the Closing Date. The Company will use its commercially reasonable
efforts to cause such Tax Return packages to be delivered to CSK on or before
March 1, 2000, but in any event not later that May 1, 2000.

         (c) CSK and G-P agree that the Company will acquire hereunder
substantially all of the property used in the WISCO Business and that in
connection therewith the Company will employ individuals who immediately before
the Closing Date were employed in such trade or business by WISCO or the WISCO
Contributed Subsidiaries. Accordingly, pursuant to the Alternate Procedure
permitted by Rev. Proc. 96-60, 1996-2 C.B. 399, provided that the applicable CSK
Party makes available to the Company all necessary payroll records for the
calendar year that includes the Closing Date, the Company will furnish a Form
W-2 to each Employee employed by the Company who had been employed by the WISCO
Business, disclosing all wages and other compensation paid for such calendar
year, and Taxes withheld therefrom, and WISCO and the applicable CSK Party will
be relieved of the responsibility to do so.

         (d) If the Company or any WISCO Contributed Subsidiary receives a
refund with respect to Taxes of any WISCO Contributed Subsidiary attributable to
a Pre-Closing Period (other than a Tax refund accrued as an asset on the Final
Working Capital Statement) or a refund of Taxes accrued as a liability on the
Final Working Capital Statement, the Company shall pay, within the thirty (30)
days following the receipt of such Tax refund, the amount of such Tax refund
(reduced by the amount of any Taxes it incurs or will incur as a result of its
accrual or receipt of such refund or any interest thereon), to CSK. If CSK
receives a Tax refund with respect to Taxes of any WISCO Contributed Subsidiary
attributable to any Post-Closing Period or any Tax refund accrued as an asset on
the Final Working Capital Statement, CSK will pay, within thirty (30) days
following the receipt of such refund, the amount of such Tax refund (reduced by
the amount of any Taxes it incurs or will incur as a result of its accrual or
receipt of such refund or any interest thereon), to the Company. In the case of
any refund with respect to

                                       49
<PAGE>

Taxes of a WISCO Contributed Subsidiary attributable to a Straddle Period, the
Tax refund shall be apportioned between Pre-Closing Periods and Post-Closing
Periods in accordance with the principles of Section 8.1(c) hereof; provided
that to the extent any Tax refund for a Straddle Period was accrued on the Final
Working Capital Statement, such refund shall be for the account of the Company.

         8.6 TAX CONTROVERSIES; COOPERATION.

         (a) CSK shall control any audit, dispute, administrative, judicial or
other proceeding Related to Tax Returns filed for Pre-Closing Periods, and the
Company shall control any audit, dispute, administrative, judicial or other
proceeding Related to Tax Returns filed for Post-Closing Periods and Straddle
Periods of any WISCO Contributed Subsidiary. Subject to the preceding sentence,
in the event an adverse determination may result in each party having
responsibility for any amount of Taxes, each party shall be entitled to fully
participate in that portion of the proceedings Relating to the Taxes with
respect to which it may incur liability hereunder. For purposes of this Section
8.6(a), the term "participation" shall include (i) participation in conferences,
meetings or proceedings with any Tax Authority, the subject matter of which
includes an item for which such party may have liability hereunder, (ii)
participation in appearances before any court or tribunal, the subject matter of
which includes an item for which a party may have liability hereunder, and (iii)
with respect to the matters described in the preceding clauses (i) and (ii),
participation in the submission and determination of the content of the
documentation, protests, memorandum of fact and law, briefs, and the conduct of
oral arguments and presentations.

         (b) The Company and CSK shall not agree to settle any Tax liability or
compromise any claim with respect to Taxes, which settlement or compromise may
affect the liability for Taxes (or right to a Tax Benefit) hereunder of the
other party, without such other party's consent (which consent shall not be
unreasonably withheld or delayed).

         (c) G-P and CSK shall bear their own expenses incurred in connection
with audits and other administrative judicial proceedings Relating to Taxes for
which such party or its Affiliates are liable.

         (d) The CSK Parties, G-P, the Company, and the Contributed Subsidiaries
shall cooperate (and cause their Affiliates to cooperate) with each other and
with each other's agents, including accounting firms and legal counsel, in
connection with Tax matters Relating to the Contributed Assets or the
Contributed Subsidiaries, including (i) preparation and filing of Tax Returns,
(ii) determining the liability and amount of any Taxes due or the right to and
amount of any refund of Taxes, (iii) examinations of Tax Returns, and (iv) any
administrative or judicial proceeding in respect of Taxes assessed or proposed
to be assessed. Such cooperation shall include (without limitation) each party
making all information and documents in its possession relating to the
Contributed Subsidiaries available to the other party. The parties shall retain
all Tax Returns, schedules and work papers, and all material records and other
documents Relating thereto, until one year after the expiration of the
applicable statute of limitations (including, to the extent notified by any
party, any extension thereof) of the Tax Period to which such Tax

                                       50
<PAGE>

Returns and other documents and information relate. Each of the parties shall
also make available to the other party, as reasonably requested and available,
personnel (including officers, directors, Employees and agents) responsible for
preparing, maintaining, and interpreting information and documents relevant to
Taxes, and personnel reasonably required as witnesses or for purposes of
providing information or documents in connection with any administrative or
judicial proceedings Relating to Taxes.

                                   ARTICLE IX
                                   TERMINATION

         [Intentionally Deleted]

                                    ARTICLE X
                                  MISCELLANEOUS

         10.1 NOTICES. All notices and other communications required or
permitted by this Agreement shall be in writing and shall be delivered by
personal delivery, by nationally recognized overnight carrier service, by
facsimile, by first class mail or by certified or registered mail, return
receipt requested, addressed to the party for whom it is intended at its address
below, or such other address as may be designated in writing hereafter by such
Person. Notices shall be deemed given one day after sent, if sent by overnight
courier; when delivered and receipted for, if hand delivered; when received, if
sent by facsimile or other electronic means or by first class mail; or when
receipted for (or upon the date of attempted delivery where delivery is refused
or unclaimed), if sent by certified or registered mail, return receipt
requested.

         To G-P:                    GEORGIA-PACIFIC CORPORATION
                                    133 Peachtree Street, N.E.
                                    Atlanta, GA  30303
                                    Attn:  General Counsel
                                    Facsimile:  (404) 230-7543

         To CSK or WISCO:           CHESAPEAKE CORPORATION
                                    1021 East Cary Street
                                    Richmond, VA  23218-2350
                                    Attn:  General Counsel
                                    Facsimile:  (804) 697-1192

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<PAGE>

         To the Company:            GEORGIA-PACIFIC TISSUE, LLC
                                    55 Park Place
                                    Atlanta, GA  30303
                                    Attn:  President
                                    Facsimile:  (404) 230-1763

         With a copy to:            GEORGIA-PACIFIC CORPORATION
                                    133 Peachtree Street, N.E.
                                    Atlanta, GA  30303
                                    Attn:  General Counsel
                                    Facsimile:  (404) 230-7543

         10.2 AMENDMENT; WAIVER. Any provision of this Agreement may be amended
or waived if, and only if, such amendment or waiver is in writing and signed, in
the case of an amendment, by G-P, CSK and the Company, or in the case of a
waiver, by the party against whom the waiver is to be effective. No failure or
delay by any party in exercising any right, power or privilege hereunder shall
operate as a waiver thereof nor shall any single or partial exercise thereof
preclude any other or further exercise thereof or the exercise of any other
right, power or privilege. The rights and remedies herein provided shall be
cumulative and not exclusive of any rights or remedies provided by Law.

         10.3 ASSIGNMENT. No party to this Agreement may assign any of its
rights or obligations under this Agreement without the prior written consent of
the other party hereto (which consent shall not be unreasonably withheld),
except that (i) G-P may collaterally assign its rights and obligations under
this Agreement to a lender as security for the Company Debt and (ii) following
Closing, G-P and CSK may assign their rights, but not their obligations, to any
Person to whom G-P or CSK may transfer their Units in the Company if permitted
under the Operating Agreement.

         10.4 ENTIRE AGREEMENT. This Agreement (including the Preliminary
Statements, all Schedules and Exhibits hereto and the Ancillary Agreements)
contains the entire agreement between the parties hereto with respect to the
subject matter hereof and supersedes all prior agreements and understandings,
oral or written, with respect to such matters, except for the obligations of the
parties under the Confidentiality Agreement.

         10.5 FULFILLMENT OF OBLIGATIONS. Any obligation of any party to any
other party under this Agreement or any of the Ancillary Agreements, which
obligation is performed, satisfied or fulfilled by an Affiliate of such party,
shall be deemed to have been performed, satisfied or fulfilled by such party.

         10.6 PARTIES IN INTEREST. This Agreement shall inure to the benefit of
and be binding upon the parties hereto and their respective successors and
permitted assigns. Nothing in this Agreement, express or implied, is intended to
confer upon any Person other than G-P, the CSK Parties, the Company or their
respective successors or permitted assigns, any rights or remedies under or by
reason of this Agreement.

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<PAGE>

         10.7 PUBLIC DISCLOSURE. Notwithstanding anything herein to the
contrary, except as may be required to comply with the requirements of any
applicable Laws and the rules and regulations of any stock exchange upon which
the securities of one of the parties (or its Affiliate) is listed, no press
release or similar public announcement or communication shall, prior to the
Closing, be made or caused to be made concerning the execution or performance of
this Agreement unless specifically approved in advance by all parties hereto
which approval shall not be unreasonably withheld, conditioned or delayed.

         10.8 EXPENSES. Except as otherwise expressly provided in this
Agreement, whether or not the transactions contemplated by this Agreement are
consummated, all costs and expenses incurred in connection with this Agreement
and the transactions contemplated hereby shall be borne by the party incurring
such expenses.

         10.9 SCHEDULES. The disclosure of any matter in any Disclosure Schedule
shall not be deemed to constitute an admission by G-P or the CSK Parties or to
otherwise imply that any such matter is material for the purposes of this
Agreement.

         10.10 BULK TRANSFER LAWS. The parties acknowledge that none of them has
taken, and none of them intends to take, any action required to comply with any
applicable bulk sale or bulk transfer laws or similar laws; provided that the
CSK parties on the one hand and G-P on the other shall indemnify the other party
and the Company for any Losses arising from such non-compliance.

         10.11 GOVERNING LAW; SUBMISSION TO JURISDICTION; SELECTION OF FORUM.
This Agreement shall be governed by, and construed in accordance with, the laws
of the State of Delaware. Each party hereto agrees that it shall bring any
action or proceeding in respect of any claim arising out of or Related to this
Agreement or the transactions contained in or contemplated by this Agreement,
whether in tort or contract or at law or in equity, exclusively in the United
States District Court or the state court sitting in New Castle County, Delaware
(the "Chosen Court") and (i) irrevocably submits to the exclusive jurisdiction
of the Chosen Court, (ii) waives any objection to laying venue in any such
action or proceeding in the Chosen Court, (iii) waives any objection that the
Chosen Courts are an inconvenient forum or do not have jurisdiction over any
party hereto, and (iv) agrees that service of process upon such party in any
such action or proceeding shall be effective if notice is given in accordance
with Section 10.1 of this Agreement.

         10.12 COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, and all of which shall
constitute one and the same Agreement.

         10.13 HEADINGS. The heading references herein and the table of contents
hereto are for convenience purposes only, do not constitute a part of this
Agreement and shall not be deemed to limit or affect any of the provisions
hereof.

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<PAGE>

         10.14 SEVERABILITY. The provisions of this Agreement shall be deemed
severable and the invalidity or unenforceability of any provision shall not
affect the validity or enforceability of the other provisions hereof. If any
provision of this Agreement, or the application thereof to any Person or any
circumstance, is invalid or unenforceable, (a) a suitable and equitable
provision shall be substituted therefor in order to carry out, so far as may be
valid and enforceable, the intent and purpose of such invalid or unenforceable
provision and (b) the remainder of this Agreement and the application of such
provision to other Persons or circumstances shall not be affected by such
invalidity or unenforceability, nor shall such invalidity or unenforceability
affect the validity or enforceability of such provision, or the application
thereof, in any other jurisdiction.

         10.15 INJUNCTIVE RELIEF. The parties hereto acknowledge and agree that
in the event of breach or non-compliance with any of the provisions of this
Agreement monetary damages shall not constitute a sufficient remedy.
Consequently, in the event of such a breach, G-P, the Company, WISCO or CSK, as
the aggrieved party shall be entitled to injunctive or other equitable relief,
including specific performance, in order to enforce or prevent any violation of
such provisions, in addition to any other rights or remedies to which it may be
entitled at law or otherwise.

                                   ARTICLE XI
                              DEFINITIONS AND TERMS

         11.1 SPECIFIC DEFINITIONS. As used in this Agreement, the following
terms shall have the meanings set forth or as referenced below:

         11.1.1 "AFFILIATES" shall mean, with respect to any Person, any Persons
directly or indirectly controlling, controlled by or under common control with,
such other Person as of the date on which, or at any time during the period for
which, the determination of affiliation is being made. For the purpose of this
definition, "control" means (i) the ownership or control of 50% or more of the
equity interest in any Person, or (ii) the ability to direct or cause the
direction of the management or affairs of a Person, whether through the direct
or indirect ownership of voting interests, by contract or otherwise.

         11.1.2 "AGREEMENT" shall mean this Agreement (including the Preliminary
Statements set forth above and all Schedules and Exhibits), as the same may be
amended or supplemented from time to time in accordance with the terms hereof.

         11.1.3 "ANCILLARY AGREEMENTS" shall mean the Human Resources Agreement,
the Operating Agreement, the Parent Roll Supply Agreement, the Management
Support Agreement, the Operational Support Agreement, the Transition Services
Agreement, the G-P Guarantee and the WISCO Debt Indemnity.

         11.1.4 "APPLICABLE TAX LAW" shall mean any Law of any nation, state,
region, province, locality, municipality or other jurisdiction Relating to
Taxes, including regulations and

                                       54
<PAGE>

other official pronouncements of any governmental entity or political
subdivision of such jurisdiction charged with interpreting such Laws.

         11.1.5 "ASSUMED LIABILITIES" shall mean all debts, liabilities,
commitments, or obligations whatsoever, other than Retained Liabilities, Related
to either WISCO's or G-P's Business or Related to either WISCO's or G-P's
Contributed Assets, whether arising before or after the Closing and whether
known or unknown, fixed or contingent, including the following:

         (i) all debts, liabilities, obligations or commitments Related to or
arising under the Contracts to the extent such Contracts are assigned to the
Company, including the Real Estate Leases;

         (ii) all debts, liabilities, obligations or commitments Related to the
Real Property;

         (iii)  the current liabilities;

         (iv) except for the Retained Environmental Liabilities, all liabilities
under Environmental Laws Related to the ownership, operation or conduct of the
Business or the Real Property; and

          (v) all liabilities with respect to all actions, suits, proceedings,
disputes, claims or investigations Related to the Business or that otherwise are
Related to the Contributed Assets, at law, in equity or otherwise.

         11.1.6 "BOOKS AND RECORDS" shall mean originals or true and correct
copies of all lists, files, data and databases and documents Relating to
customers, suppliers and products of the Business, the Contributed Assets, or
the Assumed Liabilities, all personnel records or files regarding any Employee
of the WISCO Business or the G-P Business as applicable, all environmental audit
reports (and similar documentation) and assessments with respect to the
Business, and all general ledgers and underlying books of original entry and
other financial records of the Business, except to the extent included in the
Retained Assets.

         11.1.7 "BUSINESS" shall mean with respect to either G-P on the one
hand, or the CSK Parties on the other hand, its Commercial Tissue Business.

         11.1.8 "BUSINESS DAY" shall mean any day other than a Saturday, a
Sunday or a day on which banks in New York City are authorized or obligated by
law or executive order to close.

         11.1.9 "CHOSEN COURT" shall have the meaning set forth in Section
10.11.

         11.1.10 "CLOSING" shall mean the closing of the transactions
contemplated by this Agreement.

         11.1.11 "CLOSING DATE" shall have the meaning set forth in Section 2.4.

                                       55
<PAGE>

         11.1.12 "CLOSING WORKING CAPITAL" shall have the meaning set forth in
Section 2.5(a).

         11.1.13 "CLOSING WORKING CAPITAL STATEMENT" shall have the meaning set
forth in Section 2.5(a).

         11.1.14 "CODE" shall mean the Internal Revenue Code of 1986, as
amended.

         11.1.15 "COMMERCIAL TISSUE BUSINESS" shall have the meaning set forth
in the Preliminary Statements to this Agreement.

         11.1.16 "COMPANY" shall have the meaning set forth in the preamble to
this Agreement.

         11.1.17 "COMPANY DEBT" shall have the meaning set forth in Section
2.8(b).

         11.1.18 "COMPUTER SYSTEM" shall mean any and all computers (including
without limitation personal computers, mid-range computers and mainframes),
process and distributed control systems and software applications and operating
systems and any other hardware, equipment, and facilities and infrastructure
systems containing an embedded computer chip.

         11.1.19 "CONFIDENTIALITY AGREEMENT" shall mean the Confidentiality
Agreement between CSK and G-P dated as of November 4, 1997, as amended by letter
dated June 11, 1999.

         11.1.20 "CONSENT" shall mean any consent, approval, authorization,
waiver, permit, grant, franchise, concession, agreement, license, exemption or
order of, registration, certificate, declaration or filing with, or report or
notice to any Person, including any Governmental Authority, including those
identified on Schedules 3.3 and 4.3.

         11.1.21 "CONTRACTS" shall mean all agreements, contracts, leases,
purchase orders, trade billback, refund and other arrangements, incentive
agreements, commitments, collective bargaining agreements, and licenses that are
related to the G-P Business or the WISCO Business or their respective
Contributed Assets or to which such Contributed Assets are subject, except to
the extent included in such party's Retained Assets.

         11.1.22 "CONTRIBUTED ASSETS" shall mean all of the assets of a party
which Relate to the G-P Business or the WISCO Business, whether tangible or
intangible, real or personal, as they exist on the date hereof, with such
changes, deletions or additions thereto as may occur from the date hereof to the
Closing Date in the ordinary course of business or are otherwise permitted by
this Agreement (except, in each case, for the Retained Assets), including the
following:

                                       56
<PAGE>

         (i)    the Real Property;

         (ii)   the Fixtures and Equipment;

         (iii)  the current assets;

         (iv)   in the case of WISCO, the WISCO Intellectual Property;

         (v)    the Books and Records;

         (vi)   the Contracts;

         (vii)  the stock or other ownership interests of the Contributed
Subsidiaries;

         (viii) all Governmental Authorizations which are transferable without
obtaining any Consent; and

         (ix) with respect to the WISCO Business, all computer hardware and
peripherals, audio-visual equipment, RF and barcode scanning and
telecommunications equipment, whether owned or leased by any of the CSK Parties,
and all software (including without limitation all operating system and
application software), whether owned or licensed by any of the CSK Parties.

         11.1.23 "CPA FIRM" shall have the meaning set forth in Section 2.5(b).

         11.1.24A "CSK" shall have the meaning set forth in the preamble to this
Agreement.

         11.1.24B "CSK MARKS" shall mean any mark that is owned by CSK and that
is described in the license agreement between CSK and WISCO that is among the
Contracts assigned by WISCO to the Company at Closing pursuant to Section
2.4(a)(iv) hereof.

         11.1.24C "CSK PARTIES" or "CSK PARTY" shall mean, as the context
requires, CSK, WISCO and the WISCO Contributed Subsidiaries, or as the context
requires, any one of the foregoing.

         11.1.24D "CSK PLAN" shall mean those Employee Plans (including all
assets and liabilities Related to such Employee Plans) pursuant to which any
Employee or Retired Employee of the WISCO Business or the WISCO Contributed
Subsidiaries is entitled to benefits.

         11.1.25 "DEDUCTIBLE" shall have the meaning set forth in Section
7.2(b).

         11.1.26 "DETERMINATION DATE" as used in Section 2.5(a) shall mean the
Effective Time.

         11.1.27 "DISCLOSURE SCHEDULES" shall mean the Disclosure Schedules
dated the date hereof delivered by G-P or the CSK Parties in connection with
this Agreement.

                                       57
<PAGE>

         11.1.28 "EFFECTIVE TIME" shall have the meaning set forth in Section
2.4.

         11.1.29 "EMPLOYEE" shall mean, with respect to the G-P Business or the
WISCO Business, an individual who is employed by such party, whether salaried or
hourly and whether on lay-off or medical, family or other authorized leave of
absence; provided that, with respect to the G-P Business, Employee shall not
include any Employee located at G-P's Palatka, Florida, Crossett, Arkansas, Port
Hudson, Louisiana, Plattsburgh, New York or Bellingham, Washington facilities.

         11.1.29A "EMPLOYEE PLANS" shall mean as to any party all "employee
welfare benefit plans" and "employee pension benefit plans" as respectively
defined in Sections 3(1) and 3(2) of ERISA, all employee benefit and pension
plans, all other bonus, deferred compensation, retirement, savings, excess
benefit, stock option or purchase, retention, termination, severance and
incentive plans, contracts, programs, funds, arrangements, policies, or
practices and all other plans, contracts, programs, funds, arrangements,
policies, or practices (whether voluntary or compulsory) that provide or may
provide money (other than as current salary or wages), services, property or
other benefits, whether written or oral and whether funded or unfunded,
including (without limitation) any that have been frozen or terminated since
April 30, 1999, and any trust, escrow or similar agreement related thereto,
whether written or oral and whether funded or unfunded, which are established
and maintained by any of the parties hereto with respect to any of their
Employees, Retired Employees, independent contractors, directors, officers,
shareholders, or their dependents or which are established or maintained by any
party (or any Person that together with any party is or would have been as of
the date of the Agreement treated as a single employer under Section 414 of the
Code) (the "Related Persons") or with respect to which any party or any
Affiliate thereof have made or are required to make payments, transfers or
contributions.

         11.1.30 "ENCUMBRANCES" shall mean liens, charges, encumbrances,
security interests, options or any other restrictions or third-party rights,
including any required third party consents.

         11.1.31A "ENVIRONMENT" means soil, land, water and air in their natural
state, including, without limitation, land surface or subsurface strata, surface
water, ground water and ambient air.

         11.1.31B "ENVIRONMENTAL AUTHORITIES" means all federal, state or local
governmental bodies or regulatory agencies, foreign or domestic, charged with
enforcing any of the Environmental Laws.

         11.1.31C "ENVIRONMENTAL LAW" shall mean any applicable federal, state,
local, common or foreign law, statute, ordinance, rule, regulation, code, order,
judgment, decree or injunction Relating to (i) the protection of the Environment
(including air, water vapor, surface water, groundwater, drinking water supply,
surface or subsurface land), (ii) the exposure to, or the use, storage,
recycling, treatment, generation, transportation, processing, handling,
labeling,

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<PAGE>

protection, release, spill or discharge or disposal of Hazardous Substances, or
(iii) workplace safety or health.

         11.1.31D "ENVIRONMENTAL PERMITS" means all permits, licenses,
certificates and authorizations of, and registrations with, any of the
Environmental Authorities pursuant to any of the Environmental Laws, issued or
granted to any of the CSK Parties or G-P, as the context requires for the
purpose of conducting the WISCO Business or the G-P Business as presently
conducted.

         11.1.32 "ERISA" shall mean the Employee Retirement Income Security Act
of 1974, as amended, and regulations promulgated thereunder.

         11.1.33 "FINAL WORKING CAPITAL STATEMENT" shall have the meaning set
forth in Section 2.5(b).

         11.1.34 "FINANCIAL STATEMENTS" shall mean the WISCO Financial
Statements, the G-P Financial Statements or both, as the context may require, as
defined in Sections 3.6 and 4.6 respectively.

         11.1.35 "FIXTURES AND EQUIPMENT" shall mean all furniture, fixtures,
furnishings, machinery, vehicles, equipment (including computer hardware,
computer terminals, network servers, and research and development equipment) and
other tangible personal property Related to either the G-P Business or the WISCO
Business.

         11.1.36 "FORMER FACILITY" shall mean a facility or property previously
owned or operated by a party or its predecessors in the conduct of the G-P
Business or the WISCO Business that is not located on the Real Property or the
Retained Real Property.

         11.1.37 "FOX RIVER LIABILITY" shall have the meaning set forth in
Section 5.9.

         11.1.38 "GAAP" shall mean United States generally accepted accounting
principles, consistently applied.

         11.1.39A "G-P" shall have the meaning set forth in the preamble to this
Agreement.

         11.1.39B "G-P APRIL FINANCIAL STATEMENTS" shall have the meaning set
forth in Section 4.6(a).

         11.1.39C "G-P ASSUMED LIABILITIES" shall mean the Assumed Liabilities
transferred to the Company by G-P.

         11.1.39D "G-P BUSINESS" shall mean all of the business of G-P conducted
at its Gary, Indiana, Battleboro, Vermont, and LaGrange, Georgia facilities,
together with certain assets and liabilities associated with its Crossett,
Arkansas, and Palatka, Florida facilities, as more fully described in Schedule
2.1(c) hereof.

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<PAGE>

         11.1.39E "G-P CAP" shall have the meaning set forth in Section 7.2(b).

         11.1.39F "G-P CONTRIBUTED ASSETS" shall mean the Contributed Assets
transferred to the Company by G-P as set forth on Schedule 2.1(c).

         11.1.39G "G-P FINANCIAL STATEMENTS" shall have the meaning set forth in
Section 4.6(a).

         11.1.39H "G-P GUARANTEE" shall have the meaning set forth in Section
2.8(b).

         11.1.39I "G-P INDEMNIFIED PARTIES" shall have the meaning set forth in
Section 7.3(a).

         11.1.39J "G-P INTELLECTUAL PROPERTY" shall mean the Intellectual
Property of G-P.

         11.1.39K "G-P OWNED REAL PROPERTY" shall mean the Owned Real Property
of the G-P Business.

         11.1.39L "G-P PLAN" shall mean those Employee Plans (including all
assets and liabilities Related to such Employee Plans) of G-P or any Affiliate
of G-P pursuant to which any Employee or Retired Employee of the G-P Business is
entitled to benefits.

         11.1.39M "G-P REAL PROPERTY" shall mean the Real Property of the G-P
Business.

         11.1.39N "G-P REAL PROPERTY LEASES" shall mean the leases Relating to
the Leased Real Property of the G-P Business.

         11.1.39O "G-P RETAINED ASSETS" shall mean the Retained Assets of the
G-P Business as described in Section 11.1.74 hereof.

         11.1.39P "G-P RETAINED LIABILITIES" shall mean the Retained Liabilities
of the G-P Business.

         11.1.40 "GOVERNMENTAL AUTHORITY" shall mean any nation or government,
any state, province or other political subdivision thereof and any entity
exercising executive, legislative, judicial, regulatory or administrative
functions of or pertaining to government, including any government authority,
agency, department, board, commission or instrumentality of the United States,
any State of the United States or any political subdivision thereof.

         11.1.41 "GOVERNMENTAL AUTHORIZATIONS" shall mean all licenses, permits,
franchises, certificates of occupancy, other certificates and other
authorizations and approvals required to carry on a Business as currently
conducted under the applicable laws, ordinances or regulations of any
Governmental Authority.

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<PAGE>

         11.1.42 "HAZARDOUS SUBSTANCES" shall mean (i) petroleum, petroleum
byproducts and any petroleum fractions; (ii) any substance or any material
containing a substance, defined as hazardous or toxic or words of similar
meaning or effect under the following United States federal statutes and their
state counterparts, as well as such statutes' implementing regulations: the
Hazardous Materials Transportation Act, the Resource Conservation and Recovery
Act, the Comprehensive Environmental Response, Compensation and Liability Act,
the Clean Water Act, the Safe Drinking Water Act, the Atomic Energy Act, the
Toxic Substances Control Act, the Federal Insecticide, Fungicide, and
Rodenticide Act, and the Clean Air Act; and (iii) any other materials as to
which liability or standards of conduct are imposed pursuant to any
Environmental Law.

         11.1.43 "HSR ACT" shall mean the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended.

         11.1.44 "HUMAN RESOURCES AGREEMENT" shall mean an agreement to be
entered into on the Closing Date by and among G-P, WISCO, CSK and the Company
substantially in the form of Exhibit 11.1.44 attached hereto.

         11.1.45 "INDEMNIFICATION CLAIM NOTICE" shall have the meaning set forth
in Section 7.5(a).

         11.1.46 "INDEMNIFIED PARTIES" shall have the meaning set forth in
Section 7.5(a).

         11.1.47 "INDEMNIFYING PARTY" shall have the meaning set forth in
Section 7.5(a).

         11.1.48 "INTELLECTUAL PROPERTY" shall mean (except to the extent
included in the Retained Assets) the following intellectual property (and the
rights associated therewith) Related to the G-P Business or the WISCO Business
or their Contributed Assets:

         (a) trademarks, service marks, brand names, certification marks, trade
dress, assumed names, Internet domain names, trade names and other indications
of origin, the goodwill associated with the foregoing and registrations in any
jurisdiction of, and applications in any jurisdiction to register, the foregoing
(including any extension, modification or renewal of any such registration or
application);

         (b) patents, applications for patents (including provisional,
divisional, continuation, and continuation-in-part applications), and any
renewals, extensions or reissues thereof, in any jurisdiction;

         (c) invention disclosures and innovations (whether or not patentable
and whether or not reduced to practice);

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<PAGE>

         (d) non-public information, trade secrets confidential information,
know how, proprietary technology and rights in any jurisdiction to limit the use
or disclosure thereof by any Person;

         (e) copyrighted works and registrations or applications for
registration of copyrights in any jurisdiction, and any renewals or extensions
thereof;

         (f) any similar intellectual property or proprietary rights; and

         (g) any claims or causes of action arising out of or Related to any
infringement or misappropriation of any of the foregoing occurring before or
after the Closing.

         11.1.49 "INVENTORY" shall mean all inventory held for resale in
connection with the G-P Business or the WISCO Business, all raw materials, work
in process, finished products, office supplies, storeroom inventory, spare parts
and equipment, wrapping, supply and packaging items, of such Business.

         11.1.50 "IRS" shall mean the Internal Revenue Service.

         11.1.51 "KNOWLEDGE" or any similar phrase means the actual knowledge
without investigation of those management employees of G-P, CSK and WISCO
identified on Exhibit 11.1.51.

         11.1.52 "LAWS" shall mean any federal, state, foreign or local law,
statute, ordinance, rule, code, regulation, order, judgment or decree of any
Governmental Authority.

         11.1.53 "LEASED REAL PROPERTY" shall mean all land (including, to the
extent included in any such lease, any timberlands and tree farms associated
with the Contributed Assets), buildings, fixtures and other Real Property leased
on the date hereof by a party or one of the Contributed Subsidiaries as lessee
pursuant to the Real Estate Leases used by the G-P Business or the WISCO
Business.

         11.1.54 "LOSSES" shall have the meaning set forth in Section 7.2.

         11.1.55 "MANAGEMENT SUPPORT AGREEMENT" shall mean the agreement
substantially in the form set forth as Exhibit 11.1.55 attached hereto between
G-P and the Company pursuant to which G-P shall supply management services to
the Company.

         11.1.56 "MATERIAL ADVERSE EFFECT" shall mean any and all events,
changes or effects that have occurred which have a material adverse effect upon
the value of the Contributed Assets or the G-P Business or the WISCO Business,
as the case may be, taken as a whole, involving an aggregate amount equal to or
exceeding $350,000.

         11.1.57 "NOTICE PERIOD" shall have the meaning set forth in Section
7.5(b).

         11.1.58 "OBJECTION" shall have the meaning set forth in Section 2.5(b).

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<PAGE>

         11.1.59 "OPERATING AGREEMENT" shall mean that certain Operating
Agreement among G-P, CSK and the Company to be dated as of the Closing
substantially in the form of Exhibit 2.1E, that shall govern the rights and
obligations of the Members of the Company.

         11.1.60 "OPERATIONAL SUPPORT AGREEMENT" shall mean the agreement
substantially in the form set forth as Exhibit 11.1.60 attached hereto by and
among G-P, WISCO, CSK and the Company.

         11.1.61 "OWNED REAL PROPERTY" shall mean all land and all buildings,
fixtures, and other improvements owned by either the WISCO Business or the G-P
Business.

         11.1.62 "PARENT ROLL SUPPLY AGREEMENT" shall mean the agreement
substantially in the form of Exhibit 11.1.62 attached hereto pursuant to which
G-P shall supply paper products to the Company.

         11.1.63 "PERMITTED ENCUMBRANCES" shall mean, with respect to any
party's Encumbrances, (i) those expressly disclosed in the G-P or WISCO
Financial Statements; (ii) liens for Taxes (which are not related to income,
sales or withholding Taxes), assessments and other governmental charges not yet
due and payable or due but not delinquent as of the Closing Date or being
contested in good faith by appropriate proceedings and for which adequate
reserves have been established on the Final Working Capital Statement; (iii)
mechanic's, workmen's, repairmen's, warehousemen's, carriers, or other like
liens arising or incurred in the ordinary course of business for amounts which
are not delinquent and which will not individually or in the aggregate have a
Material Adverse Effect, original purchase price conditional sales contracts and
equipment leases with third parties entered into in the ordinary course of
business; (iv) with respect to either the G-P Real Property or the WISCO Real
Property, (A) easements, quasi-easements, licenses, covenants, rights-of-way and
other similar restrictions, including any other agreements, conditions,
restrictions, or other matters which would be shown by a current title report or
other similar report or listing, (B) any conditions that may be shown by a
current survey, title report or physical inspection, and (C) zoning, building
and other similar restrictions; and (v) Encumbrances not described in the
foregoing clauses (i) through (iv) and which, individually or in the aggregate,
would not have a Material Adverse Effect (all items included in the foregoing
clauses (i) through (v), including any matter set forth in Schedules 3.16(b) or
4.16(b), are referred to collectively herein as the "Permitted Encumbrances").

         11.1.64 "PERSON" shall mean an individual, a corporation, a
partnership, an association, a trust or other entity or organization.

         11.1.65 "POST-CLOSING PERIOD" shall mean, with respect to any
Contributed Subsidiary, any Tax Period commencing after the Closing Date and the
portion of any Straddle Period commencing after the Closing Date.

                                       63
<PAGE>

         11.1.66 "PRE-CLOSING PERIOD" shall-mean, with respect to any
Contributed Subsidiary, any Tax Period ending on or before the Closing Date and
the portion of any Straddle Period ending on the Closing Date.

         11.1.67 "PROCEEDING" shall have the meaning set forth in Section
7.5(a).

         11.1.68 "PROJECT PLAN" shall mean a plan to remediate and/or replace
Computer Systems that are not Year 2000 Ready.

         11.1.69 "REAL ESTATE LEASES" shall mean those agreements pursuant to
which a party or one or more of its Contributed Subsidiaries leases, subleases,
licenses, or otherwise uses or licenses, Real Property, including land (and
everything growing upon the land, to the extent included in such Real Estate
Lease), buildings, structures and improvements thereon or appurtenances thereto,
which are identified on Schedules 3.15 and 4.15.

         11.1.70 "REAL PROPERTY" shall mean the Owned Real Property and the
Leased Real Property.

         11.1.71 "REGISTRATION STATEMENT" shall mean the Registration Statement
on Form S-1, or other appropriate form, including any pre-effective or
post-effective amendments or supplements thereto, filed with the Securities and
Exchange Commission by the Company under the Securities Act with respect to the
Company Debt.

         11.1.72 "RELATED TO" OR "RELATING TO" shall mean primarily related to,
or used primarily in connection with.

         11.1.73 "REQUIRED CONSENT" shall mean any Consents specifically
identified on Schedule 3.3 or Schedule 4.3 as a "Required Consent" and each
other material Consent, which may be a Consent listed on Schedule 3.3 or
Schedule 4.3.

         11.1.74 "RETAINED ASSETS" shall mean

         (i) the assets (including Real Property, tangible personal property,
accounts receivable, intellectual property and contracts) Related to all
businesses conducted by CSK or G-P and any of their respective Affiliates other
than the Commercial Tissue Business, provided, however, with respect to G-P, all
tangible assets located at G-P's Palatka, Florida, Crossett, Arkansas, Port
Hudson, Louisiana, Plattsburgh, New York, Bellingham, Washington and Atlanta,
Georgia facilities and any tangible asset used in part in the consumer tissue
business at G-P's offices located in Atlanta, Georgia shall constitute G-P
Retained Assets, except for the assets specifically listed on Schedule 2.1(c)
consisting of dedicated commercial tissue converting lines which shall be
included in the G-P Contributed Assets, and all G-P Intellectual Property;

         (ii) the stock or other ownership interests of all Subsidiaries of
either G-P or CSK other than the Contributed Subsidiaries;

                                       64
<PAGE>

         (iii) all cash and cash accounts, disbursement accounts, outstanding
checks and disbursements, investment securities and other short-term and
medium-term investments and non-trade accounts receivable from either G-P or CSK
or their respective Affiliates and owing to the G-P Business or WISCO Business,
respectively;

         (iv) all deferred Tax assets of G-P or CSK;

         (v) all prepaid Taxes to the extent such prepaid Taxes are not
reflected on the Final Working Capital Statement;

         (vi) all refunds of Taxes to the extent such Taxes are not reflected on
the Final Working Capital Statement;

         (vii) all Tax Returns and related work papers of G-P, CSK or their
respective Affiliates;

         (viii) all Books and Records which G-P or the CSK Parties are required
by law to retain, provided that G-P, CSK or WISCO shall provide the Company with
complete copies of such Books and Records;

         (ix) all G-P Plans, all CSK Plans, and all assets of such Plans except
as contemplated by the Human Resources Agreement;

         (x) all Governmental Authorizations to the extent not transferable
without obtaining a Consent;

         (xi) the CSK Marks subject to the license assigned pursuant hereto;

         (xii) the Retained Real Property and any financial instruments Related
to the Retained Real Property;

         (xiii) all of G-P's or CSK's insurance policies, subject to the rights
of WISCO or any Contributed Subsidiary under such insurance policies of CSK and
the rights of the Company if any under such policies;

         (xiv) all contracts between either G-P or CSK and their respective
Subsidiaries other than the Contributed Subsidiaries, including Georgia-Pacific
S.A.; and

         (xv) those assets of the CSK Parties specifically identified on
Schedule 2.3.

         11.1.75 "RETAINED ENVIRONMENTAL LIABILITIES" has the meaning set forth
in the definition of "Retained Liabilities."

                                       65
<PAGE>

         11.1.76 "RETAINED LIABILITIES" shall mean all of the following debts,
liabilities, commitments or obligations, whether arising before or after the
Closing and whether known or unknown, fixed or contingent:

         (i) all liabilities Related to the Retained Assets;

         (ii) all (A) liabilities under Environmental Laws with respect to any
Former Facility, (B) liabilities in connection with the Retained Real Property
and (C) with respect to WISCO and CSK, the Fox River Liability (collectively,
the "Retained Environmental Liabilities");

         (iii) all liabilities which are retained by G-P or WISCO or CSK under
the Ancillary Agreements;

         (iv) all liabilities under the G-P or CSK Plans, except to the extent
such liabilities are specifically assumed by the Company or G-P pursuant to the
Human Resources Agreement;

         (v) all liabilities for Taxes imposed with respect to the taxable
periods, or portions thereof, ending on or before the Closing Date except to the
extent that any such Taxes are reflected on the Final Working Capital Statement;

         (vi) all liabilities for non-trade accounts payable to CSK or G-P or
their respective Affiliates which arise prior to the Closing Date;

         (vii) all liabilities for indebtedness for borrowed money and any other
obligation which are fixed as to amount and certainty as of the Closing or which
are secured by a lien that is not a Permitted Encumbrance on any of the
Contributed Assets, but not including liabilities under Contracts included in
the Contributed Assets and Assumed Liabilities;

         (viii) all severance, termination, change of control and similar
agreements, payments, debts, obligations or liabilities with respect to any
director, officer, employee or consultant of G-P, the CSK Parties or any of
their Subsidiaries which exist as of or prior to the Closing (after taking into
account the transactions contemplated by this Agreement), other than (i)
obligations under any collective bargaining agreement, and (ii) obligations
under any severance employment, consulting, or other agreement entered into or
assumed by the Company;

         (ix) all liabilities and obligations with respect to G-P's interest in
Georgia-Pacific S.A., including all contractual obligations;

         (x) all liabilities and obligations that any party hereto agrees to
retain in any Ancillary Agreement;

         (xi) all other liabilities and obligations for which CSK, WISCO or G-P
has expressly assumed responsibility pursuant to this Agreement or the Ancillary
Agreements;

                                       66
<PAGE>

         (xii) all debts, liabilities or obligations whatsoever, that do not
Relate to the G-P Business or the WISCO Business or that do not otherwise Relate
to the Contributed Assets; and

         (xiii) all liabilities and obligations of the WISCO Business described
on Schedule 2.3.

         11.1.77 "RETAINED REAL PROPERTY" shall mean the Real Property retained
by WISCO or G-P.

         11.1.78 "RETIRED EMPLOYEE" means as to any party, former Employees who
retain rights under any of such party's Employee Plans.

         11.1.79 "SECURITIES ACT" shall mean the Securities Act of 1933, as
amended.

         11.1.80 "STRADDLE PERIOD" shall mean, with respect to any Contributed
Subsidiary, any Tax Period that begins before and ends after the Closing Date.

         11.1.81 "SPECIAL DISTRIBUTION" shall have the meaning set forth in
Section 2.8(b).

         11.1.82 "SUBSIDIARY" shall mean, with respect to any Person, any
corporation, partnership, joint venture or other legal entity of which such
Person, either directly or through or together with any other Subsidiary of such
Person, owns any equity interests.

         11.1.83 "SURVIVAL PERIOD" shall have the meaning set forth in Section
7.1.

         11.1.84 "TARGET WORKING CAPITAL" shall have the meaning set forth in
Section 2.5(e).

         11.1.85 "TAX" or "TAXES" shall mean all federal, state, local or
foreign taxes, including but not limited to income, gross receipts, windfall
profits, goods and services, value added, severance, property, production,
sales, use, license, excise, franchise, employment, withholding or similar
taxes, together with any interest, additions or penalties with respect thereto
and any interest in respect of such additions or penalties.

         11.1.86 "TAX AUTHORITY" shall mean, with respect to any Tax, the
governmental entity or political subdivision thereof that imposes such Tax, and
the agency (if any) charged with the administration or collection of such Taxes
for such entity or subdivision.

         11.1.87 "TAX BENEFIT" shall mean the amount by which a Person's Tax
liability is actually reduced (including any related interest actually received
from a Tax Authority in connection therewith).

         11.1.88 "TAX PERIOD" shall mean, with respect to any Tax, the period
for which the Tax is reported as provided under Applicable Tax Laws.

                                       67
<PAGE>

         11.1.89 "TAX RETURN" shall mean, with respect to any Tax, any
information return with respect to such Tax, any report, statement, declaration
or document required to be filed under the Applicable Tax Law in respect of such
Tax, any claim for refund of Taxes paid, and any amendment or supplement to any
of the foregoing.

         11.1.90 "TRANSFER COSTS" shall have the meaning set forth in Section
2.6.

         11.1.91 "TRANSITION SERVICES AGREEMENT" shall mean the agreement
substantially in the form of Exhibit 11.1.91 attached hereto to be entered into
at the Closing among the Company, CSK and WISCO under which CSK and its
Affiliates will provide transition services requested by the Company in order to
allow it to operate the WISCO Business after the Closing in a manner consistent
with past practices.

         11.1.92 "WARN" shall have the meaning set forth in Section 3.13(e).

         11.1.93 "WARN OBLIGATIONS" shall have the meaning set forth in Section
3.13(e).

         11.1.94A "WISCO" shall have the meaning set forth in the preamble to
this Agreement.

         11.1.94B "WISCO APRIL FINANCIAL STATEMENTS" shall have the meaning set
forth in Section 3.6(a).

         11.1.94C "WISCO ASSUMED LIABILITIES" shall mean all Assumed Liabilities
transferred to the Company by WISCO.

         11.1.94D "WISCO BUSINESS" shall have the meaning set forth in the
Preliminary Statements to this Agreement.

         11.1.94E "WISCO CAP" shall have the meaning set forth in Section
7.3(b).

         11.1.94F "WISCO CONTRIBUTED ASSETS" shall mean all assets used directly
and predominantly in the Commercial Tissue Business conducted by CSK whether
directly or through WISCO or its Contributed Subsidiaries.

         11.1.94G "WISCO CONTRIBUTED SUBSIDIARIES" shall mean the Contributed
Subsidiaries of WISCO as set forth on Schedule 3.16(c).

         11.1.94H "WISCO DEBT INDEMNITY" shall have the meaning set forth in
Section 2.8(b).

         11.1.94I "WISCO FINANCIAL STATEMENTS" shall have the meaning set forth
in Section 3.6(a).

         11.1.94J "WISCO INDEMNIFIED PARTIES" shall have the meaning set forth
in Section 7.2(a).

                                       68
<PAGE>

         11.1.94K "WISCO INTELLECTUAL PROPERTY" shall mean the Intellectual
Property of WISCO (and CSK to the extent utilized in the WISCO Business) and
includes, without limitation, the WISCO Marks.

         11.1.94L "WISCO LEASED REAL PROPERTY" shall mean the Leased Real
Property of WISCO.

         11.1.94M "WISCO MARKS" shall mean any mark currently owned by the WISCO
Business and any mark owned by the CSK Parties that include the words, phrases
and names "Wisconsin Tissue Mills", "Wisconsin Tissue" or "WISCO", or any
variation thereof, and any trademark, service mark, trade dress, symbol or logo
using such words, phrases or names and any variation thereof.

         11.1.94N "WISCO OWNED REAL PROPERTY" shall mean the Owned Real Property
Related to the WISCO Business.

         11.1.94O "WISCO REAL PROPERTY" shall mean the Real Property used in
connection with the WISCO Business.

         11.1.94P "WISCO REQUIRED CONSENT" shall mean the Required Consents
pursuant to the WISCO Business and set forth on Schedule 3.3.

         11.1.94Q "WISCO RETAINED ASSETS" shall mean the Retained Assets of the
WISCO Business as described in Section 11.1.74 hereof.

         11.1.94R "WISCO RETAINED LIABILITIES" shall mean the Retained
Liabilities of the WISCO Business.

         11.1.95 "WMEX" shall mean Wisconsin Tissue de Mexico, S.A. de C.V., a
corporation organized under the laws of Mexico and a wholly owned subsidiary of
WISCO.

         11.1.96 "WORKING CAPITAL" shall mean the excess of current assets over
current liabilities at the Determination Date on a consolidated basis as
determined in accordance with Section 2.5.

         11.1.97 "YEAR 2000 READY" shall mean that the Computer System when used
in accordance with its associated documentation, will not be materially
adversely affected by date data but instead will process such date data
accurately with the implementation of a tested procedure, or is not Year 2000
compliant but will not cause any such processing problem. Year 2000 Ready also
means that the applicable Computer System when used in accordance with its
associated documentation will accurately process date data such that, no value
for a date prior to year 2028 will cause any interruption in processing;
date-based functionality operates consistently for dates prior to, during and
after Year 2000 (through year 2027); in all interfaces and data storage, the
century or any other date is specified either explicitly or by algorithms or

                                       69
<PAGE>

inferencing rules; and leap years will be accurately recognized and processed.
If implemented properly, the Project Plan should be successful in making all
material Computer Systems Year 2000 Ready, except to the extent that a Computer
System interfaces or exchanges data with other software, firmware, hardware or
other similar or related items of automated, computerized or software systems
that are not Year 2000 compliant.

         11.2 OTHER TERMS. Other terms may be defined elsewhere in the text of
this Agreement, and unless otherwise indicated shall have such meanings
throughout this Agreement.

         11.3 OTHER DEFINITIONAL PROVISIONS.

         (a) The words "whereof", "herein", and "hereunder" and words of similar
         import, when used in this Agreement, shall refer to this Agreement as a
         whole and not to any particular provision of this Agreement. The word
         "including" means "including without limitation."

         (b) The terms defined in the singular shall have a comparable meaning
         when used in the plural, and vice versa.

         (c) The terms "dollars" and "$" shall mean United States dollars.

         IN WITNESS WHEREOF, the parties have executed this Joint Venture
Agreement as of the date first written above.

                                        WISCONSIN TISSUE MILLS INC.

                                        By:      /s/William T. Tolley
                                        Name:    William T. Tolley
                                        Title:   Vice President

                                        GEORGIA-PACIFIC CORPORATION

                                        By:      /s/Michael C. Burandt
                                        Name:    Michael C. Burandt
                                        Title:   Senior Vice President -
                                                 Packaged Products

                                        CHESAPEAKE CORPORATION

                                        By:      /s/William T. Tolley

                                       70
<PAGE>

                                        Name:    William T. Tolley
                                        Title:   Senior Vice President - Finance
                                                 and Chief Financial Officer

                                        GEORGIA-PACIFIC TISSUE, LLC

                                        By:      /s/Michael C. Burandt
                                        Name:    Michael C. Burandt
                                        Title:   Manager

                                       71
<PAGE>

                                 EXHIBIT 3.6(b)

  --     The "Unaudited Balance Sheet" should be defined to include the
         following line items, with specific representations for each line item:
          --      Receivables (Represents amounts due from sales to outside
                  customers; determined in accordance with GAAP; stated at
                  estimated net realizable value with adequate reserves for
                  customer deductions, cash rebates, and uncollectible
                  accounts).
          --      Inventories (Represents raw materials, operating supplies and
                  packaging materials, storeroom parts and supplies, work in
                  process, and finished goods held for resale; determined in
                  accordance with GAAP stated at cost without LIFO reserves, and
                  with adequate reserves for obsolescence).
          --      Prepaid Expenses and Other Current Assets (all known prepaid
                  expenses, deferred expenses and other current assets; expected
                  to be amortized or settled within one year; excluding income
                  taxes and debt.
          --      Current Assets (Represents the sum total of Receivables plus
                  Inventories plus Prepaid Expenses and Other Current Assets as
                  defined above).
          --      Property, Plant and Equipment (Represents land, buildings,
                  machinery and equipment, and construction in progress; owned
                  or leased under capital leases; stated at cost less
                  accumulated depreciation in accordance with GAAP).
          --      Other Noncurrent Assets (Represents all known other noncurrent
                  assets; excluding any noncurrent assets related to income
                  taxes and debt).
          --      Total Assets (Represents the sum total of Current Assets plus
                  Property, Plant and Equipment plus Other Noncurrent Assets as
                  defined above).
          --      Accounts Payable (Represents all known amounts payable to
                  vendors; payable within one year; incurred in the normal
                  conduct of business).
          --      Accrued Expenses and Other Current Liabilities (Represents all
                  known other accrued expenses, deferred revenues and current
                  liabilities; expected to be amortized or settled within one
                  year; incurred in the normal conduct of business; including
                  adequate provision for the current portion of any loss
                  contingencies required to be accrued in accordance with SFAS
                  No. 5; excluding any liabilities related to income taxes and
                  debt).
          --      Current Liabilities (Represents the sum total of Accounts
                  Payable plus Accrued Expenses and Other Current Liabilities as
                  defined above).
          --      Long-term Liabilities (Represents all known long-term
                  liabilities; incurred in the normal conduct of business;
                  including adequate provision for the non-current portion of
                  any loss contingencies required to be accrued in accordance
                  with SFAS No. 5; excluding any liabilities related to income
                  taxes and debt).
          --      Total Liabilities (Represents the sum total of Current
                  Liabilities plus Long-term Liabilities as defined above).
          --      Equity (Represents Total Assets minus Total Liabilities as
                  defined above).
          --      Total Liabilities and Equity (Represents the sum total of
                  Total Liabilities plus Equity as defined above).

                                       -1-
<PAGE>

          --      Working Capital (Represents Current Assets minus Current
                  Liabilities as defined above).

  --     : The "Unaudited Statement of Income" should be defined to include the
         following income statement line items, with specific representations
         for each line item:
          --      Net Sales (Represents net revenues from sales to outside
                  customers; determined in accordance with GAAP; excluding sales
                  to Affiliates).
          --      Cost of Sales (Represents all known costs for procuring,
                  manufacturing and handling products sold to outside customers;
                  excluding depreciation and amortization expenses;
          --      Selling, General and Administrative Expenses (Represents all
                  known selling, general and administrative expenses for the
                  period; excluding depreciation and amortization expenses);
          --      Other Income (Represents all known other income for the
                  period).
          --      Other Expense (Represents all known other expenses for the
                  period; excluding depreciation and amortization expenses;
                  excluding interest expense; and excluding income taxes).
          --      Earnings Before Interest, Income Taxes, Depreciation and
                  Amortization (Represents Net Sales minus Cost of Sales minus
                  Selling, General and Administrative Expenses plus Other Income
                  minus Other Expense as defined above).
          --      Depreciation and Amortization Expenses (Represents all known
                  depreciation and amortization expenses for the period,
                  including the depreciation expense component of tissue parent
                  roll manufacturing costs).
          --      Earnings Before Interest and Income Taxes (Represents Earnings
                  Before Interest, Income Taxes, Depreciation and Amortization
                  minus Depreciation and Amortization Expenses as defined
                  above).

  --     The "Unaudited Statement of Cash Flows" should be defined to include
         the following cash flow statement line items:
          --      Earnings Before Interest and Income Taxes (As defined above).
          --      Depreciation and Amortization Expenses (As defined above).
          --      Earnings Before Interest, Income Taxes, Depreciation and
                  Amortization (As defined above).
          --      Income Tax Expense (Represents the provision for income taxes,
                  based on the estimated effective tax rate for the period).
          --      Change in Working Capital (Represents Working Capital as of
                  the beginning of the period minus Working Capital as of the
                  end of the period).
          --      Cash Provided by Operations (Represents Earnings Before
                  Interest, Income Taxes, Depreciation and Amortization minus
                  Income Tax Expense)
          --      Capital Expenditures (Represents all known capitalizable
                  expenditures for property, plant and equipment in the period).
          --      Other Investing Activities (Represents other cash provided or
                  used in the period, not reflected elsewhere in the Statement
                  of Free Cash Flows; excluding cash provided by or used for
                  financing activities).

<PAGE>

          --      Free Cash Flow (Cash Provided by Operations minus Capital
                  Expenditures minus Other Investing Activities as defined
                  above).

<PAGE>

                             SCHEDULES AND EXHIBITS

SCHEDULES
---------

  Schedule 2.1(c)            G-P Contributed Assets
  Schedule 2.3               WISCO Retained Assets and Retained Liabilities
  Schedule 3.1               CSK Parties Qualifications
  Schedule 3.3               WISCO Consent and Approvals
  Schedule 3.6(a)            Financial Statements
  Schedule 3.6(c)            Changes in Accounting Methods
  Schedule 3.7               Litigation and Claims
  Schedule 3.8               Taxes
  Schedule 3.9(a)            Employees
  Schedule 3.9(b)            Employee Plans
  Schedule 3.9(d)            Changes to Plans
  Schedule 3.9(f)            Funding of Plans
  Schedule 3.9(g)            Claims Regarding Plans
  Schedule 3.9(h)            Multi-Employer Plans
  Schedule 3.9(i)            Plan Documents
  Schedule 3.10              Compliance with Laws
  Schedule 3.11(a)           Environmental Permits
  Schedule 3.11(b)           Environmental Matters
  Schedule 3.12              Intellectual Property
  Schedule 3.12(e)           Year 2000
  Schedule 3.13              Labor Matters
  Schedule 3.14              Material Contracts
  Schedule 3.15              WISCO Real Estate Leases
  Schedule 3.16(a)           Exceptions to Entire Business
  Schedule 3.16(b)           Encumbrances
  Schedule 3.16(c)           Contributed Subsidiaries
  Schedule 3.16(d)           Condition of Assets
  Schedule 3.18              Insurance
  Schedule 3.20              Material Adverse Change
  Schedule 4.1               G-P Qualifications
  Schedule 4.3               G-P Consent and Approvals
  Schedule 4.6(a)            Financial Statements
  Schedule 4.7               Litigation and Claims
  Schedule 4.8               Taxes
  Schedule 4.9(a)            Employees
  Schedule 4.9(b)            Employee Plans
  Schedule 4.9(d)            Changes to Plans
  Schedule 4.9(f)            Funding of Plans
  Schedule 4.9(g)            Claims Regarding Plans
  Schedule 4.9(h)            Multi-Employer Plans

<PAGE>

  Schedule 4.9(i)            Plan Documents
  Schedule 4.10              Compliance with Laws
  Schedule 4.11(a)           Environmental Permits
  Schedule 4.11(b)           Environmental Matters
  Schedule 4.12              Intellectual Property
  Schedule 4.12(e)           Year 2000
  Schedule 4.13              Labor Matters
  Schedule 4.14              Material Contracts
  Schedule 4.15              G-P Real Estate Leases
  Schedule 4.16(a)           Exceptions to Entire Business
  Schedule 4.16(b)           Encumbrances
  Schedule 4.16(c)           Condition of Assets
  Schedule 4.18              Insurance
  Schedule 4.20              Material Adverse Changes
  Schedule 5.4(a)            G-P Intellectual Property

EXHIBITS
--------

  Exhibit  1.1A             Certificate of Formation
  Exhibit  2.1E             Form of Operating Agreement
  Exhibit  2.4A(vii)        Opinion of Hunton & Williams
  Exhibit  2.4B(vii)        Opinion of General Counsel of G-P
  Exhibit  2.8A             Company Debt Commitment Letter and Promissory Note
  Exhibit  2.8B             G-P Guarantee
  Exhibit  2.8C             WISCO Debt Indemnity
  Exhibit  3.6(b)           Financial Statement Line Items
  Exhibit  11.1.44          Form of Human Resources Agreement
  Exhibit  11.1.51          Individuals with Knowledge
  Exhibit  11.1.55          Form of Management Support Agreement
  Exhibit  11.1.60          Form of Operational Support Agreement
  Exhibit  11.1.62          Form of Parent Roll Supply Agreement
  Exhibit  11.1.91          Form of Transition Services Agreement

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