Document:

Form of Indemnification Agreement

 Exhibit 10.1 
 INDEMNIFICATION AGREEMENT 
 This Indemnification Agreement (the “Agreement”), is dated as of
            , 20     between Potlatch Corporation, a Delaware corporation (the “Corporation”), and
                             (“Indemnitee”). 
 W I T N E S S E T H: 
 WHEREAS, Indemnitee is
either a member of the board of directors of the Corporation (the “Board of Directors”), a member of the board of managers or board of directors of a wholly-owned subsidiary of the Corporation, an officer of the Corporation or an officer
of a wholly-owned subsidiary of the Corporation, or one or more of such positions, and in such capacity or capacities, or otherwise as an Agent (as hereinafter defined) of the Corporation, is performing a valuable service for the Corporation; and

 WHEREAS, the Corporation is aware that competent and experienced persons are increasingly reluctant to serve as directors or officers of
corporations or other business entities unless they are protected by comprehensive indemnification and liability insurance, due to increased exposure to litigation costs and risks resulting from their service to such entities, and because the
exposure frequently bears no reasonable relationship to the compensation of such directors and officers; and 
 WHEREAS, the Board of
Directors of the Corporation has concluded that, to retain and attract talented and experienced individuals to serve or continue to serve as officers, directors or managers of the Corporation or its subsidiaries, and to encourage such individuals to
take the business risks necessary for the success of the Corporation, it is necessary for the Corporation contractually to indemnify directors and officers and to assume for itself to the fullest extent permitted by law expenses and damages in
connection with claims against such officers, directors or managers in connection with their service to the Corporation; and 
 WHEREAS,
Section 145 of the General Corporation Law of Delaware (the “DGCL”), under which the Corporation is organized, empowers the Corporation to indemnify by agreement its officers, directors, employees and agents, and persons who serve, at
the request of the Corporation, as directors, officers, employees or agents of other corporations or enterprises, and expressly provides that the indemnification provided by the DGCL is not exclusive; and 
 WHEREAS, the Corporation desires and has requested the Indemnitee to serve or continue to serve as a director, officer or agent of the Corporation or one
or more of its subsidiaries free from undue concern for claims for damages arising out of or related to such services to the Corporation; and 
 WHEREAS, Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Corporation on the condition that he or she be indemnified as herein provided; and 

 WHEREAS, it is intended that Indemnitee shall be paid promptly by the Corporation all amounts necessary
to effectuate in full the indemnity provided herein: 
 NOW, THEREFORE, in consideration of the premises and the covenants in this Agreement,
and of Indemnitee serving or continuing to serve the Corporation or one or more of its subsidiaries as an Agent and intending to be legally bound hereby, the parties hereto agree as follows: 
 1. Services by Indemnitee. Indemnitee agrees to serve or continue to serve (a) as a director or an officer of the Corporation, or as a
manager, director or employee of a wholly-owned subsidiary of the Corporation, or one or more of such positions, so long as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the certificate of
incorporation and bylaws of the Corporation, and until such time as Indemnitee resigns or fails to stand for election or is removed from Indemnitee’s position, or (b) otherwise as an Agent of the Corporation. Indemnitee may from time to
time also perform other services at the request or for the convenience of, or otherwise benefiting the Corporation or one or more of its subsidiaries. Indemnitee may at any time and for any reason resign or be removed from such position (subject to
any other contractual obligation or other obligation imposed by operation of law), in which event the Corporation shall have no obligation under this Agreement to continue Indemnitee in any such position. 
 2. Indemnification of Indemnitee. Subject to the limitations set forth herein and particularly in Section 6 hereof, the Corporation shall
indemnify Indemnitee as follows: 
 (a) The Corporation shall, with respect to any Proceeding (as hereinafter defined), indemnify Indemnitee
to the fullest extent permitted by applicable law or as such law may from time to time be amended (but, in the case of any such amendment, only to the extent such amendment permits the Corporation to provide broader indemnification rights than the
law permitted the Corporation to provide before such amendment). The right to indemnification conferred herein shall be presumed to have been relied upon by Indemnitee in serving or continuing to serve the Corporation as an Agent and shall be
enforceable as a contract right. Without in any way diminishing the scope of the indemnification provided by this Section 2(a), the rights of indemnification of Indemnitee shall include but shall not be limited to those rights hereinafter set
forth. 
 (b) The Corporation shall indemnify Indemnitee if Indemnitee is or was a party or is threatened to be made a party to any
Proceeding (other than an action by or in the right of the Corporation) by reason of the fact that Indemnitee is or was an Agent of the Corporation, or any subsidiary of the Corporation, or by reason of the fact that Indemnitee is or was serving at
the request of the Corporation as an Agent of another corporation, partnership, joint venture, trust or other enterprise, against Expenses (as hereinafter defined) or Liabilities (as hereinafter defined), actually and reasonably incurred by
Indemnitee in connection with such Proceeding if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, and, with respect to any criminal action or proceeding,
had no reasonable cause to believe Indemnitee’s conduct was unlawful. 
 (c) The Corporation shall indemnify Indemnitee if Indemnitee
was or is a party or is threatened to be made a party to any Proceeding by or in the right of the Corporation or any subsidiary of the Corporation to procure a judgment in its favor by reason of the fact that Indemnitee is or was an Agent of the
Corporation, or any subsidiary of the Corporation, or by 

  

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reason of the fact that Indemnitee is or was serving at the request of the Corporation as an Agent of another corporation, partnership, joint venture, trust
or other enterprise, against Expenses and, to the fullest extent permitted by law, Liabilities if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except
that no indemnification shall be made in respect of any claim, issue or matter as to which Indemnitee shall have been adjudged to be liable to the Corporation unless and only to the extent that the Court of Chancery of the State of Delaware or the
court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such expenses
which the Court of Chancery of the State of Delaware or such other court shall deem proper. 
 3. Advancement of Expenses. All
reasonable Expenses incurred by or on behalf of Indemnitee (including costs of enforcement of this Agreement) shall be advanced from time to time by the Corporation to Indemnitee within thirty (30) days after the receipt by the Corporation of a
written request for an advance of Expenses, whether prior to or after final disposition of a Proceeding (except to the extent that there has been a Final Adverse Determination (as hereinafter defined) that Indemnitee is not entitled to be
indemnified for such Expenses), including without limitation any Proceeding brought by or in the right of the Corporation. The written request for an advancement of any and all Expenses under this paragraph shall contain reasonable detail of the
Expenses incurred by Indemnitee. In the event that such written request shall be accompanied by an affidavit of counsel to Indemnitee to the effect that such counsel has reviewed such Expenses and that such Expenses are reasonable in such
counsel’s view, then such expenses shall be deemed reasonable in the absence of clear and convincing evidence to the contrary. By execution of this Agreement, Indemnitee shall be deemed to have made whatever undertaking as may be required by
law at the time of any advancement of Expenses with respect to repayment to the Corporation of such Expenses. In the event that the Corporation shall breach its obligation to advance Expenses under this Section 3, the parties hereto agree that
Indemnitee’s remedies available at law would not be adequate and that Indemnitee would be entitled to specific performance. 
 4.
Presumptions and Effect of Certain Proceedings. Upon making a request for indemnification, Indemnitee shall be presumed to be entitled to indemnification under this Agreement and the Corporation shall have the burden of proof to overcome that
presumption in reaching any contrary determination. The termination of any Proceeding by judgment, order, settlement, arbitration award or conviction, or upon a plea of nolo contendere or its equivalent shall not affect this presumption or, except
as determined by a final judicial decision adverse to Indemnitee from which there is no further right to appeal, establish a presumption with regard to any factual matter relevant to determining Indemnitee’s rights to indemnification hereunder.
If the person or persons so empowered to make a determination pursuant to Section 5 hereof shall have failed to make the requested determination within the period provided for in Section 5, a determination that Indemnitee is entitled to
indemnification shall be deemed to have been made. 
  

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 5. Procedure for Determination of Entitlement to Indemnification. 
 (a) Whenever Indemnitee believes that Indemnitee is entitled to indemnification pursuant to this Agreement, Indemnitee shall submit a written request for
indemnification to the Corporation. Any request for indemnification shall include sufficient documentation or information reasonably available to Indemnitee for the determination of entitlement to indemnification. In any event, Indemnitee shall
submit Indemnitee’s claim for indemnification within a reasonable time, not to exceed five (5) years after any judgment, order, settlement, dismissal, arbitration award, conviction, acceptance of a plea of nolo contendere or its
equivalent, or final determination, whichever is the later date for which Indemnitee requests indemnification. The Corporate Secretary or other appropriate officer of the Corporation shall, promptly upon receipt of Indemnitee’s request for
indemnification, advise the Board of Directors in writing that Indemnitee has made such request. Determination of Indemnitee’s entitlement to indemnification shall be made not later than sixty (60) days after the Corporation’s receipt
of Indemnitee’s written request for such indemnification, provided that any request for indemnification for Liabilities, other than amounts paid in settlement, shall have been made after a determination thereof in a Proceeding. If it is so
determined that the Indemnitee is entitled to indemnification, and Indemnitee has already paid the Liabilities, reimbursement to the Indemnitee shall be made within ten (10) days after such determination; otherwise, the Corporation shall pay
the Liabilities on behalf of Indemnitee if and when Indemnitee becomes legally obligated to make payment. 
 (b) The Corporation shall be
entitled to select the decision-making authority by which Indemnitee’s entitlement to indemnification will be heard; provided, however, that if there has been a Change in Control of the Corporation, Independent Legal Counsel (as hereinafter
defined) shall determine whether Indemnitee is entitled to indemnification. The decision-making authority shall be any one of the following: 
 (i) the Disinterested Directors (as hereinafter defined), by majority vote thereof, even though less than a quorum; 
 (ii) a committee of Disinterested Directors designated by majority vote of Disinterested Directors, even though less than a quorum; or 
 (iii) Independent Legal Counsel, whose determination shall be made in a written opinion. 
 6. Specific Limitations on Indemnification. Notwithstanding anything in this Agreement to the contrary, the Corporation shall not be obligated
under this Agreement to make any payment to Indemnitee with respect to any Proceeding or to make any Expense Advance (and Indemnitee hereby waives and relinquishes any right under this Agreement, the certificate of incorporation and bylaws of the
corporation or otherwise to be indemnified and held harmless or to receive any Expense Advance): 
 (a) To the extent that payment is
actually made to Indemnitee under any insurance policy, or is made to Indemnitee by the Corporation or an affiliate otherwise than pursuant to this Agreement. Notwithstanding the availability of such insurance, Indemnitee also may claim
indemnification from the Corporation pursuant to this Agreement by assigning to the Corporation any claims under such insurance to the extent Indemnitee is paid by the Corporation; 
  

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 (b) Provided there has been no Change in Control, for Liabilities in connection with Proceedings settled
without the Corporation’s consent, which consent, however, shall not be unreasonably withheld; 
 (c) For profits made from the purchase
or sale by Indemnitee of securities of the Corporation within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or similar provisions of any state statutory or common law;

 (d) To the extent it would be otherwise prohibited by law, if so established by a final judicial decision adverse to Indemnitee from which
there is no further right to appeal; or 
 (e) Commenced by Indemnitee (other than a Proceeding commenced by Indemnitee to enforce
Indemnitee’s rights under this Agreement), unless the commencement of such Proceeding was authorized by the Board of Directors. 
 7.
Fees and Expenses of Independent Legal Counsel. The Corporation agrees to pay the reasonable fees and expenses of Independent Legal Counsel should such Independent Legal Counsel be retained to make a determination of Indemnitee’s
entitlement to indemnification pursuant to Section 5(b) of this Agreement, and to fully indemnify such Independent Legal Counsel against any and all expenses and losses incurred by such Independent Legal Counsel arising out of or relating to
this Agreement or such Independent Legal Counsel’s engagement pursuant hereto. 
 8. Remedies of Indemnitee. 
 (a) In the event that (i) a determination pursuant to Section 5 hereof is made that Indemnitee is not entitled to indemnification,
(ii) advances of Expenses are not made pursuant to this Agreement, (iii) payment has not been timely made following a determination of entitlement to indemnification pursuant to this Agreement, or (iv) Indemnitee otherwise seeks
enforcement of this Agreement, Indemnitee shall be entitled to a final adjudication in the Court of Chancery of the State of Delaware of the remedy sought. Alternatively, unless court approval is required by law for the indemnification sought by
Indemnitee, Indemnitee at Indemnitee’s option may seek an award in arbitration to be conducted by a single arbitrator pursuant to the commercial arbitration rules of the American Arbitration Association now in effect, which award is to be made
within ninety (90) days following the filing of the demand for arbitration. The Corporation shall not oppose Indemnitee’s right to seek any such adjudication or arbitration award. In any such proceeding or arbitration Indemnitee shall be
presumed to be entitled to indemnification and advancement of Expenses under this Agreement, and the Corporation shall have the burden of proof to overcome that presumption. 
 (b) In the event that a determination that Indemnitee is not entitled to indemnification, in whole or in part, has been made pursuant to Section 5
hereof, the decision in the judicial proceeding or arbitration provided in paragraph (a) of this Section 8 shall be made de novo and Indemnitee shall not be prejudiced by reason of a determination that Indemnitee is not entitled to
indemnification. 
 (c) If a determination that Indemnitee is entitled to indemnification has been made pursuant to Section 5 hereof, or
is deemed to have been made pursuant to Section 4 hereof or otherwise pursuant to the terms of this Agreement, the Corporation shall be bound by such determination. 
  

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 (d) The Corporation shall be precluded from asserting that the procedures and presumptions of this
Agreement are not valid, binding and enforceable. The Corporation shall stipulate in any such court or before any such arbitrator that the Corporation is bound by all the provisions of this Agreement and is precluded from making any assertion to the
contrary. 
 (e) Expenses reasonably incurred by Indemnitee in connection with Indemnitee’s request for indemnification under, seeking
enforcement of, or to recover damages for breach of, this Agreement shall be borne by the Corporation when and as incurred by Indemnitee, provided that by execution of this Agreement Indemnitee agrees to repay to the Corporation any such expenses
borne by the Corporation if the expenses relate to a claim for indemnification hereunder and there is a final judicial determination (from which there is no further right to appeal) that Indemnitee is not entitled to such indemnification.

 9. Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is
unavailable to Indemnitee for any reason whatsoever, the Corporation, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in
settlement or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect
(i) the relative benefits received by the Corporation and Indemnitee as a result of the event(s) or transaction(s) giving cause to such Proceeding; (ii) the relative fault of the Corporation (and its directors, officers, employees and
agents) and Indemnitee in connection with such event(s) or transaction(s); or (iii) both (i) and (ii) above. 
 10.
Maintenance of Insurance. The Corporation agrees that so long as Indemnitee shall have consented to serve or shall continue to serve as a director or officer of the Corporation, as a director, manager or officer of a wholly-owned subsidiary
of the Corporation, or one or more of such positions, or as an Agent of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding (such periods being hereinafter sometimes referred to as the
“Indemnification Period”), the Corporation will use all reasonable efforts to maintain in effect for the benefit of Indemnitee one or more valid, binding and enforceable policies of directors’ and officers’ liability insurance
from such insurers and providing for such coverage (both in scope and amount) as shall be approved by the Board of Directors of the Corporation from time to time. Anything in this Agreement to the contrary notwithstanding, to the extent that and for
so long as the Corporation shall choose to continue to maintain any policies of directors’ and officers’ liability insurance during the Indemnification Period, the Corporation shall maintain similar and equivalent insurance for the benefit
of Indemnitee during the Indemnification Period. 
 11. Modification, Waiver, Termination and Cancellation. No supplement,
modification, termination, cancellation or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of
any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. 
  

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 12. Subrogation. In the event of payment under this Agreement, the Corporation shall be subrogated
to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable
the Corporation effectively to bring suit to enforce such rights. 
 13. Notice by Indemnitee and Defense of Claim. Indemnitee shall
promptly notify the Corporation in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any matter, whether civil, criminal, administrative or investigative which may result
in the right to indemnification or the advancement of Expenses, but the omission so to notify the Corporation will not relieve it from any liability that it may have to Indemnitee if such omission does not prejudice the Corporation’s rights. If
such omission does prejudice the Corporation’s rights, the Corporation will be relieved from liability only to the extent of such prejudice. Notwithstanding the foregoing, such omission will not relieve the Corporation from any liability that
it may have to Indemnitee otherwise than under this Agreement. With respect to any Proceeding as to which Indemnitee notifies the Corporation of the commencement thereof: 
 (a) The Corporation will be entitled to participate therein at its own expense; and 
 (b) The Corporation
jointly with any other indemnifying party similarly notified will be entitled to assume the defense thereof, with counsel reasonably satisfactory to Indemnitee; provided, however, that the Corporation shall not be entitled to assume the defense of
any Proceeding if there has been a Change in Control or if Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Corporation and Indemnitee with respect to such Proceeding. After notice from the Corporation
to Indemnitee of its election to assume the defense thereof, the Corporation will not be liable to Indemnitee under this Agreement for any Expenses subsequently incurred by Indemnitee in connection with the defense thereof, other than reasonable
costs of investigation or as otherwise provided below. Indemnitee shall have the right to employ Indemnitee’s own counsel in such Proceeding, but the fees and expenses of such counsel incurred after notice from the Corporation of its assumption
of the defense thereof shall be at the expense of Indemnitee unless: 
 (i) the employment of counsel by Indemnitee has been
authorized by the Corporation; 
 (ii) Indemnitee shall have reasonably concluded that counsel engaged by the Corporation may
not adequately represent Indemnitee due to, among other things, actual or potential differing interests; or 
 (iii) the
Corporation shall not in fact have employed counsel to assume the defense in such Proceeding or shall not in fact have assumed such defense and be acting in connection therewith with reasonable diligence; in each of which cases the fees and expenses
of such counsel shall be at the expense of the Corporation. 
  

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 (c) The Corporation shall not settle any Proceeding in any manner that would impose any penalty or
limitation on Indemnitee without Indemnitee’s written consent; provided, however, that Indemnitee will not unreasonably withhold his or her consent to any proposed settlement. 
 14. Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if
(i) delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third business day after the date on
which it is so mailed: 
  

			
	(a)	  	If to Indemnitee, to:
		  	  
                                     

		  	                                    
		  	                                    
		  	                                    
		
	(b)	  	If to the Corporation, to:
		
		  	Potlatch Corporation
		  	601 West First Ave.
		  	Suite 1600
		  	Spokane, Washington 99201
		  	Attn: General Counsel

 or to such other address as may have been furnished to Indemnitee by the Corporation or to the Corporation by
Indemnitee, as the case may be. 
 15. Nonexclusivity. The rights of Indemnitee hereunder shall not be deemed exclusive of any other
rights to which Indemnitee may be entitled under applicable law, the Corporation’s certificate of incorporation or bylaws, or any agreements, vote of stockholders, resolution of the Board of Directors or otherwise, and to the extent that during
the Indemnification Period the rights of the then existing directors and officers are more favorable to such directors or officers than the rights currently provided to Indemnitee thereunder or under this Agreement, Indemnitee shall be entitled to
the full benefits of such more favorable rights provided, however, that Indemnitee waives and relinquishes all rights under this Agreement, the certificate of incorporation or bylaws of the corporation or otherwise to be indemnified and held
harmless or to receive Expense Advances with respect to the matters set forth in Section 6; and provided further, however, Indemnitee shall reimburse the Corporation for amounts paid to Indemnitee pursuant to such other rights to the
extent such payments duplicate any payments received pursuant to this Agreement. 
  

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 16. Certain Definitions. 
 (a) “Agent” shall mean any person who is or was, or who has consented to serve as, a director, officer, employee, agent, fiduciary, joint venturer, partner, manager or other official of the
Corporation or a subsidiary or an affiliate of the Corporation, or any other entity (including without limitation, an employee benefit plan), in each case either at the request of, for the convenience of, or otherwise to benefit the Corporation or a
subsidiary of the Corporation. Any person who is or was serving as a manager, director, officer, employee or agent of a subsidiary of the Corporation shall be deemed to be serving, or have served, at the request of the Corporation. 
 (b) “Change in Control” shall mean the occurrence of any of the following: 
 (i) Both (A) any “person” (as defined below) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under
the Exchange Act), directly or indirectly, of securities of the Corporation representing at least thirty percent (30%) of the total voting power represented by the Corporation’s then outstanding voting securities and (B) the
beneficial ownership by such person of securities representing such percentage is not approved by a majority of the Continuing Directors (as defined below); 
 (ii) Any “person” is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Corporation representing at least fifty percent (50%) of the total voting power represented by the Corporation’s then outstanding voting securities; 
 (iii) A change in the composition of the Board of Directors occurs, as a result of which fewer than two-thirds of the incumbent directors
are directors who either (A) had been directors of the Corporation on the “look-back date” (as defined below) (the “Original Directors”) or (B) were elected, or nominated for election, to the Board of Directors with the
affirmative votes of at least a majority in the aggregate of the Original Directors who were still in office at the time of the election or nomination and directors whose election or nomination was previously so approved (the directors referenced in
clauses (A) and (B) of this Section 16(b)(iii) shall be referred to collectively as the “Continuing Directors”); 
 (iv) The stockholders of the Corporation approve a merger or consolidation of the Corporation with any other corporation, if such merger or consolidation would result in the voting securities of the Corporation
outstanding immediately prior thereto representing (either by remaining outstanding or by being converted into voting securities of the surviving entity) fifty percent (50%) or less of the total voting power represented by the voting securities
of the Corporation or such surviving entity outstanding immediately after such merger or consolidation; or 
 (v) The
stockholders of the Corporation approve (A) a plan of complete liquidation of the Corporation or (B) an agreement for the sale or disposition by the Corporation of all or substantially all of the Corporation’s assets. 
  

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 For purposes of Subsections (i) and (ii) above, the term “person” shall have the same
meaning as when used in Sections 13(d) and 14(d) of the Exchange Act, but shall exclude (x) a trustee or other fiduciary holding securities under an employee benefit plan of the Corporation or of a parent or subsidiary of the Corporation or
(y) a corporation owned directly or indirectly by the stockholders of the Corporation in substantially the same proportions as their ownership of the common stock of the Corporation. 
 For purposes of Subsection (iii) above, the term “look-back date” shall mean the date 24 months prior to the date of the event that may
constitute a “Change in Control.” 
 Any other provision of this Section 16(b) notwithstanding, the term “Change in
Control” shall not include a transaction, if undertaken at the election of the Corporation, the result of which is to sell all or substantially all of the assets of the Corporation to another corporation (the “surviving corporation”);
provided that the surviving corporation is owned directly or indirectly by the stockholders of the Corporation immediately following such transaction in substantially the same proportions as their ownership of the Corporation’s common stock
immediately preceding such transaction; and provided, further, that the surviving corporation expressly assumes this Agreement. 
 (c)
“Disinterested Director” shall mean a director of the Corporation who is not or was not a party to the Proceeding in respect of which indemnification is being sought by Indemnitee. 
 (d) “Expenses” shall include all direct and indirect costs (including, without limitation, attorneys’ fees, retainers, court costs,
transcripts, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, all other disbursements or out-of-pocket expenses and reasonable compensation for time
spent by Indemnitee for which Indemnitee is otherwise not compensated by the Corporation or any third party) actually and reasonably incurred in connection with either the investigation, defense, settlement or appeal of a Proceeding or establishing
or enforcing a right to indemnification under this Agreement, applicable law or otherwise; provided, however, that “Expenses” shall not include any Liabilities. 
 (e) “Expense Advance” The obligation of the Corporation to make an advance payment of Expenses to Indemnitee pursuant to Section 3. 
 (f) “Final Adverse Determination” shall mean that a determination that Indemnitee is not entitled to indemnification shall have been
made pursuant to Section 5 hereof and either (1) a final adjudication in the Court of Chancery of the State of Delaware from which there is no further right of appeal or decision of an arbitrator pursuant to Section 8(a) hereof shall
have denied Indemnitee’s right to indemnification hereunder, or (2) Indemnitee shall have failed to file a complaint in a Delaware court or seek an arbitrator’s award pursuant to Section 8(a) for a period of one hundred twenty
(120) days after the determination made pursuant to Section 5 hereof. 
  

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 (g) “Independent Legal Counsel” shall mean a law firm or a member of a firm selected by
the Corporation and approved by Indemnitee (which approval shall not be unreasonably withheld) or, if there has been a Change in Control, selected by Indemnitee and approved by the Corporation (which approval shall not be unreasonably withheld),
that neither is presently nor in the past five (5) years has been retained to represent: (i) the Corporation or any of its subsidiaries or affiliates, or Indemnitee or any corporation of which Indemnitee was or is a director, officer,
employee or agent, or any subsidiary or affiliate of such a corporation, in any material matter, or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term
“Independent Legal Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Corporation or Indemnitee in an action to
determine Indemnitee’s right to indemnification under this Agreement. 
 (h) “Liabilities” shall mean liabilities of
any type whatsoever including, but not limited to, any judgments, fines, ERISA excise taxes and penalties, penalties and amounts paid in settlement (including all interest assessments and other charges paid or payable in connection with or in
respect of such judgments, fines, penalties or amounts paid in settlement) of any Proceeding. 
 (i) “Proceeding” shall mean
any threatened, pending or completed action, claim, suit, arbitration, alternate dispute resolution mechanism, investigation, administrative hearing or any other proceeding whether civil, criminal, administrative or investigative, that is associated
with Indemnitee’s being an Agent of the Corporation. 
 17. Binding Effect; Duration and Scope of Agreement. This Agreement
(a) shall be binding upon successors and assigns of the Corporation (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), and
(b) shall be binding upon and inure to the benefit of the heirs, estate and personal and legal representatives of the Indemnitee. This Agreement shall be deemed to be effective as of the commencement date of Indemnitee’s service as an
officer or director of the Corporation or as a manager, director or employee of a wholly-owned subsidiary of the Corporation, or one or more of such positions, and shall continue in effect during the Indemnification Period, regardless of whether
Indemnitee continues to serve as an Agent. 
 18. Severability. If any provision or provisions of this Agreement (or any portion
thereof) shall be held to be invalid, illegal or unenforceable for any reason whatsoever: 
 (a) the validity, legality and enforceability of
the remaining provisions of this Agreement shall not in any way be affected or impaired thereby; and 
 (b) to the fullest extent legally
possible, the provisions of this Agreement shall be construed so as to give effect to the intent of any provision held invalid, illegal or unenforceable. 
 19. Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, as applied to contracts between Delaware residents entered into and to be
performed entirely within the State of Delaware, without regard to conflict of laws rules. 
  

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 20. Consent to Jurisdiction. The Corporation and Indemnitee each irrevocably consent to the
jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding that arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be brought only in the
state courts of the State of Delaware. 
 21. Entire Agreement. This Agreement represents the entire agreement between the parties
hereto, and there are no other agreements, contracts or understandings between the parties hereto with respect to the subject matter of this Agreement, except as specifically referred to herein or as provided in Section 15 hereof. Without
limiting the foregoing, this Agreement amends, replaces and supersedes in its entirety any existing indemnification agreement between Indemnitee and the Corporation. 
 22. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same
Agreement. 
  

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 IN WITNESS WHEREOF, the Corporation has caused this Agreement to be executed by a duly authorized officer
and Indemnitee has executed this Agreement as of the date first above written. 
  

			
	Potlatch Corporation
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	Indemnitee:
	  
  

	Signature
	
	  
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 SIGNATURE PAGE TO INDEMNIFICATION
AGREEMENTTerms Document

 Exhibit 4.1 
 CHASE ISSUANCE TRUST 
 as Issuing Entity 
 CLASS A(2009-7) TERMS DOCUMENT 
 dated as of September 23, 2009 
 to 
 AMENDED AND RESTATED 
 CHASESERIES INDENTURE SUPPLEMENT 
 dated as of October 15, 2004 
 to 
 THIRD AMENDED AND RESTATED INDENTURE 
 dated as of December 19, 2007 
 WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as Indenture Trustee and Collateral Agent 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	PAGE
		 	ARTICLE I	  	
			
		 	Definitions and Other Provisions of General Application	  	
			
	Section 1.01	 	Definitions	  	1
	Section 1.02	 	Governing Law	  	5
	Section 1.03	 	Counterparts	  	5
	Section 1.04	 	Ratification of Indenture and Indenture Supplement	  	5
			
		 	ARTICLE II	  	
			
		 	The Class A(2009-7) Notes	  	
			
	Section 2.01	 	Creation and Designation	  	6
	Section 2.02	 	Specification of Required Subordinated Amount and Other Terms	  	6
	Section 2.03	 	Interest Payment	  	6
	Section 2.04	 	Calculation Agent; Determination of LIBOR	  	7
	Section 2.05	 	Payments of Interest and Principal	  	8
	Section 2.06	 	Form of Delivery of Class A(2009-7) Notes; Depository; Denominations	  	8
	Section 2.07	 	Delivery and Payment for the Class A(2009-7) Notes	  	9
	Section 2.08	 	Supplemental Indenture	  	9
			
		 	ARTICLE III	  	
			
		 	Miscellaneous Provision	  	
			
	Section 3.01	 	Section 3.12(b)(ii) of the Indenture Supplement	  	10

 THIS CLASS A(2009-7) TERMS DOCUMENT (this “Terms Document”), among the CHASE ISSUANCE TRUST, a
statutory trust created under the laws of the State of Delaware (the “Issuing Entity”), having its principal office at c/o Wilmington Trust Company, 1100 North Market Street, Wilmington, Delaware 19890-1600, and WELLS FARGO BANK, NATIONAL
ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”) and as collateral agent (the “Collateral Agent”), is made and entered into as of September 23, 2009. 
 Pursuant to this Terms Document, the Issuing Entity and the Indenture Trustee shall create a new Tranche of CHASEseries Class A Notes and shall
specify the principal terms thereof. 
 ARTICLE I 
 Definitions and Other Provisions of General Application 
 Section 1.01 Definitions. For all
purposes of this Terms Document, except as otherwise expressly provided or unless the context otherwise requires: 
 (1) the terms defined in
this Article have the meanings assigned to them in this Article, and include the plural as well as the singular; 
 (2) all other terms used
herein which are defined in the Indenture Supplement, the Indenture or the Asset Pool Supplement, either directly or by reference therein, have the meanings assigned to them therein; 
 (3) as used in this Terms Document and in any certificate or other document made or delivered pursuant hereto or thereto, accounting terms not defined in
this Terms Document or in any such certificate or other document, and accounting terms partly defined in this Terms Document or in any such certificate or other document to the extent not defined, shall have the respective meanings given to them
under GAAP. To the extent that the definitions of accounting terms in this Terms Document or in any such certificate or other document are inconsistent with the meanings of such terms under GAAP, the definitions contained in this Terms Document or
in any such certificate or other document shall control; 
 (4) the words “hereof,” “herein,” “hereunder” and
words of similar import when used in this Terms Document shall refer to this Terms Document as a whole and not to any particular provision of this Terms Document; references to any subsection, Section, clause, Schedule or Exhibit are references to
subsections, Sections, clauses, Schedules and Exhibits in or to this Terms Document unless otherwise specified; the term 

  

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“including” means “including without limitation”; references to any law or regulation refer to that law or regulation as amended from
time to time and include any successor law or regulation; references to any Person include that Person’s successors and assigns; and references to any agreement refer to such agreement, as amended, supplemented or otherwise modified from time
to time; 
 (5) in the event that any term or provision contained herein shall conflict with or be inconsistent with any term or provision
contained in the Indenture Supplement, the Indenture or the Asset Pool Supplement, the terms and provisions of this Terms Document shall be controlling; and 
 (6) each capitalized term defined herein shall relate only to the Class A(2009-7) Notes and no other Tranche of CHASEseries Notes issued by the Issuing Entity. 
 “Asset Pool Supplement” means the Second Amended and Restated Asset Pool One Supplement to the Indenture, dated as of December 19,
2007, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 
 “Accumulation Commencement Date”
means November 1, 2009; provided, however, that, if the Accumulation Period Length for the Class A(2009-7) Notes is less than ten (10) whole calendar months, the Accumulation Commencement Date will be the first calendar day of the month
that is the number of whole calendar months prior to the Scheduled Principal Payment Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods during the period from the Accumulation Commencement Date to
and including the Monthly Period prior to the Scheduled Principal Payment Date will at least equal the Accumulation Period Length. 
 “Beneficiary” means Chase Bank USA, National Association, in its capacity as beneficial owner of the Issuing Entity. 
 “Calculation Agent” is defined in Section 2.04(a). 
 “Class A(2009-7) Adverse
Event” means the occurrence of any of the following: (a) an Early Amortization Event with respect to the Class A(2009-7) Notes, (b) an Event of Default and acceleration of the Class A(2009-7) Notes, (c) the Class A Usage
of the Class B Required Subordinated Amount for the Class A(2009-7) Notes becomes greater than zero or (d) the Class A Usage of the Class C Required Subordinated Amount for the Class A(2009-7) Notes becomes greater than zero. 

 

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 “Class A(2009-7) Note” means any Note, substantially in the form set forth
in Exhibit A-1 to the Indenture Supplement, designated therein as a Class A(2009-7) Note and duly executed and authenticated in accordance with the Indenture. 
 “Class A(2009-7) Noteholder” means a Person in whose name a Class A(2009-7) Note is registered in the Note Register. 
 “Class A(2009-7) Termination Date” means the earliest to occur of (a) the Principal Payment Date on which the
Outstanding Dollar Principal Amount of the Class A(2009-7) Notes is paid in full, (b) the Legal Maturity Date and (c) the date on which the Indenture is discharged and satisfied pursuant to Article V thereof. 
 “Class A Required Subordinated Amount of Class B Notes” is defined in Section 2.02(a). 
 “Class A Required Subordinated Amount of Class C Notes” is defined in Section 2.02(b). 
 “Controlled Accumulation Amount” means $277,500,000; provided, however, if the Accumulation Period Length is determined to be less than
ten months pursuant to Section 3.12(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount for any Note Transfer Date with respect to the Class A(2009-7) Notes will be the amount specified in the definition of “Controlled
Accumulation Amount” in the Indenture Supplement. 
 “Indenture” means the Third Amended and Restated Indenture, dated
as of December 19, 2007, between the Issuing Entity and the Indenture Trustee. 
 “Indenture Supplement” means the
Amended and Restated CHASEseries Indenture Supplement, dated as of October 15, 2004, among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 
 “Initial Dollar Principal Amount” means $2,775,000,000. 
 “Interest Payment
Date” means October 15, 2009 and the 15th day of each month thereafter, or if such 15th day is not a Business Day, the next succeeding Business Day. 
  

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 “Interest Period” means, with respect to any Interest Payment Date, the period from and
including the previous Interest Payment Date (or in the case of the initial Interest Payment Date, from and including the Issuance Date) to but excluding such Interest Payment Date. 
 “Issuance Date” means September 23, 2009. 
 “Legal Maturity Date” means September 17, 2012. 
 “LIBOR” means, for
any Interest Period, the London interbank offered rate for one-month United States dollar deposits determined by the Calculation Agent on the LIBOR Determination Date for each Interest Period in accordance with the provisions of Section 2.04.

 “LIBOR Determination Date” means (1) September 21, 2009 for the period from and including the Issuance Date
through but excluding the initial Interest Payment Date and (2) for each Interest Period thereafter, the second London Business Day prior to the commencement of such Interest Period. 
 “London Business Day” means any Business Day on which dealings in deposits in United States Dollars are transacted in the London
interbank market. 
 “Note Interest Rate” means a rate per annum equal to 0.45% in excess of LIBOR, as determined by the
Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period. 
 “Paying Agent” means
Wells Fargo Bank, National Association. 
 “Predecessor Note” means, with respect to any particular Note, every previous
Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 3.06 of the Indenture in lieu of a mutilated, lost,
destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note. 
 “Record
Date” means, for any Note Transfer Date, the last Business Day of the preceding Monthly Period. 
  

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 “Reference Banks” means four major banks in the London interbank market selected by the
Beneficiary. 
 “Reuters Screen LIBOR01 Page” means the display page so designated on the Reuters Monitor Money Rates (or
such other page as may replace that page on that service, or such other service as may be nominated as the information vendor, for the purposes of displaying rates comparable to LIBOR). 
 “Scheduled Principal Payment Date” means September 15, 2010. 
 “Stated Principal Amount” means $2,775,000,000. 
 Section 1.02 Governing Law. THIS TERMS DOCUMENT WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE
OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 Section 1.03
Counterparts. This Terms Document may be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument. 
 Section 1.04 Ratification of Indenture and Indenture Supplement. As supplemented by this Terms Document, each of the Indenture, the Asset
Pool Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so supplemented by the Asset Pool Supplement and the Indenture Supplement as so supplemented by this Terms Document shall be read, taken and
construed as one and the same instrument. 
 [END OF ARTICLE I] 
  

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 ARTICLE II 
 The Class A(2009-7) Notes 
 Section 2.01 Creation and Designation. There is hereby created a
Tranche of CHASEseries Class A Notes to be issued pursuant to the Indenture and the Indenture Supplement to be known as the “CHASEseries Class A(2009-7) Notes.” 
 Section 2.02 Specification of Required Subordinated Amount and Other Terms. 
 (a) For the Class A(2009-7) Notes for any date of determination, the Class A Required Subordinated Amount of Class B Notes will be an amount equal
to 8.13953% of (i) prior to the occurrence of a Class A(2009-7) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2009-7) Notes on such date of determination or (ii) on and after the date on which a Class
A(2009-7) Adverse Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2009-7) Notes on such date of determination and (2) the Adjusted Outstanding Dollar Principal Amount of the
Class A(2009-7) Notes as of the close of business on the day immediately preceding the date on which such Class A(2009-7) Adverse Event shall have occurred. 
 (b) For the Class A(2009-7) Notes for any date of determination, the Class A Required Subordinated Amount of Class C Notes will be an amount equal to 8.13953% of (i) prior to the occurrence of a Class
A(2009-7) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2009-7) Notes on such date or (ii) on and after the date on which a Class A(2009-7) Adverse Event shall have occurred, the greater of (1) the Adjusted
Outstanding Dollar Principal Amount of the Class A(2009-7) Notes on such date of determination and (2) Adjusted Outstanding Dollar Principal Amount of the Class A(2009-7) Notes as of the close of business on the day immediately preceding the
date on which such Class A(2009-7) Adverse Event shall have occurred. 
 (c) The Issuing Entity may change the percentages or the formulas
set forth in either clause (a) or (b) above without the consent of any Noteholder so long as the Issuing Entity has (i) received written confirmation from each Note Rating Agency that has rated any Outstanding Notes that the change in
either of such percentages or formulas, as applicable, will not result in a Ratings Effect with respect to any Outstanding Notes and (ii) delivered to the Indenture Trustee and the Note Rating Agencies a Master Trust Tax Opinion and an Issuing
Entity Tax Opinion. 
 Section 2.03 Interest Payment. 
  

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 (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2009-7) Notes
shall be an amount equal to the product of (i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times, (B) the Note Interest Rate in effect
with respect to the related Interest Period, times, (ii) the Outstanding Dollar Principal Amount of the Class A(2009-7) Notes determined as of the close of business on the Interest Payment Date preceding the related Note Transfer Date for the
Class A(2009-7) Notes; provided, however, that for the first Interest Payment Date, the amount of interest due with respect to the Class A(2009-7) Notes shall be an amount equal to the product of (x) the Outstanding Dollar Principal Amount of
the Class A(2009-7) Notes on the Issuance Date, (y) 22 divided by 360 and (z) the Note Interest Rate in effect with respect to the Class A(2009-7) Notes determined on September 21, 2009. Interest on the Class A(2009-7) Notes will be
calculated on the basis of the actual number of days elapsed and a 360-day year. 
 (b) Pursuant to Section 3.03 of the Indenture
Supplement, on each Note Transfer Date with respect to the Class A(2009-7) Notes, the Indenture Trustee shall deposit into the Class A(2009-7) Interest Funding Sub-Account the portion of CHASEseries Available Finance Charge Collections allocable to
the Class A(2009-7) Notes. 
 Section 2.04 Calculation Agent; Determination of LIBOR. 
 (a) The Issuing Entity hereby agrees that for so long as any Class A(2009-7) Notes are Outstanding, there shall at all times be an agent appointed to
calculate LIBOR for each Interest Period (the “Calculation Agent”). The Issuing Entity hereby initially appoints the Indenture Trustee as the Calculation Agent for purposes of determining LIBOR for each Interest Period. The Calculation
Agent may be removed by the Issuing Entity at any time. If the Calculation Agent is unable or unwilling to act as such or is removed by the Issuing Entity, or if the Calculation Agent fails to determine LIBOR for an Interest Period, the Issuing
Entity shall promptly appoint a replacement Calculation Agent that does not control or is not controlled by or under common control with the Issuing Entity or its Affiliates. The Calculation Agent may not resign its duties, and the Issuing Entity
may not remove the Calculation Agent, without a successor having been duly appointed. 
 (b) On each LIBOR Determination Date, the
Calculation Agent shall determine LIBOR on the basis of the rate for deposits in United States dollars for a one-month period which appears on Reuters Screen LIBOR01 Page or on such comparable system as is customarily used to quote LIBOR as of 11:00
a.m., London time, on such date. If such rate does not appear on Reuters Screen LIBOR01 Page or on a comparable system as is customarily used to quote LIBOR the rate for that LIBOR Determination Date shall be determined on the basis of the rates at
which deposits in United States dollars are offered by the Reference Banks at approximately 11:00 a.m., 

  

 7 

 
London time, on that day to prime banks in the London interbank market for a one-month period. The Calculation Agent shall request the principal London
office of each of the Reference Banks to provide a quotation of its rate. If at least two such quotations are provided, the rate for that LIBOR Determination Date shall be the arithmetic mean of the quotations. If fewer than two quotations are
provided as requested, the rate for that LIBOR Determination Date will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the Beneficiary, at approximately 11:00 a.m., New York City time, on that day for loans in
United States dollars to leading European banks for a one-month period. 
 (c) The Note Interest Rate applicable to the then current and the
immediately preceding Interest Periods may be obtained by telephoning the Indenture Trustee at its corporate trust office at (612) 667-8058 or such other telephone number as shall be designated by the Indenture Trustee for such purpose by prior
written notice by the Indenture Trustee to each Noteholder from time to time. 
 (d) On each LIBOR Determination Date, the Calculation Agent
shall send to the Indenture Trustee and the Beneficiary, via email or by facsimile transmission, notification of LIBOR for the following Interest Period. 
 Section 2.05 Payments of Interest and Principal. 
 (a) Any installment of interest or principal
payable on any Class A(2009-7) Note which is punctually paid or duly provided for by the Issuing Entity and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in
whose name such Class A(2009-7) Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the
Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as
it appears on the Note Register on such Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the
account designated by such nominee. 
 (b) The right of the Class A(2009-7) Noteholders to receive payments from the Issuing Entity will
terminate on the first Business Day following the Class A(2009-7) Termination Date. 
 Section 2.06 Form of Delivery of Class
A(2009-7) Notes; Depository; Denominations. 
  

 8 

 (a) The Class A(2009-7) Notes shall be delivered in the form of a global Registered Note as provided in
Sections 2.02 and 3.01(i) of the Indenture, respectively. 
 (b) The Depository for the Class A(2009-7) Notes shall be The Depository Trust
Company, and the Class A(2009-7) Notes shall initially be registered in the name of Cede & Co., its nominee. 
 (c) The Class
A(2009-7) Notes will be issued in minimum denominations of $100,000 and integral multiples of $1,000 in excess of $100,000. 
 Section 2.07 Delivery and Payment for the Class A(2009-7) Notes. 
 The Issuing Entity shall execute and deliver the
Class A(2009-7) Notes to the Indenture Trustee for authentication, and the Indenture Trustee shall deliver the Class A(2009-7) Notes when authenticated, each in accordance with Section 3.03 of the Indenture. 
 Section 2.08 Supplemental Indenture. 
 The Issuing Entity may enter into a supplemental indenture with respect to the Class A(2009-7) Notes as provided in Section 9.01 of the Indenture; provided, however, that any supplemental indenture which provides for an additional or
alternative form of credit enhancement for the Class A(2009-7) Notes shall, in addition to the requirements set forth in Section 9.01 of the Indenture, require confirmation from the Note Rating Agencies that have rated any Outstanding Notes of
the CHASEseries that such change in credit enhancement will not result in a Ratings Effect with respect to any Outstanding Notes of the CHASEseries. 
 [END OF ARTICLE II] 
  

 9 

 ARTICLE III 
 Miscellaneous Provision 
 Section 3.01 Section 3.12(b)(ii) of the Indenture Supplement.

 Notwithstanding anything to the contrary contained in Section 3.12(b)(ii) of the Indenture Supplement, with respect to the Class
A(2009-7) Notes, any reference in Section 3.12(b)(ii) of the Indenture Supplement to “twelve (12) whole calendar months” shall be changed to “ten (10) whole calendar months”. 
 [END OF ARTICLE III] 
  

 10 

 IN WITNESS WHEREOF, the parties hereto have caused this Terms Document to be duly executed, all as of the
day and year first above written. 
  

			
	CHASE ISSUANCE TRUST
		
	By:	 	CHASE BANK USA, NATIONAL
		 	ASSOCIATION, as Beneficiary and not in its individual
		 	capacity
		
	By:	 	 /s/ Keith W. Schuck

	Name:	 	Keith W. Schuck
	Title:	 	President
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee and Collateral Agent
		
	By:	 	 /s/ Cheryl C. Zimmerman

	Name:	 	Cheryl C. Zimmerman
	Title:	 	Vice President

 Chase Issuance Trust 
 CHASEseries Class A(2009-7) Terms Document 
 Signature Page

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