SJPaper Folders, with 2 Fasteners, Position 1 and 3, 1/3 Tabs, Letter, 50 per Box, PE (SJPS11549) Paper-cut and water-resistant folder is made from WaterShed/Cutless paper, a specially formulated 11 point manila stock The WaterShed feature provides added protection against spills The Cutless feature reduces incidence of paper cuts