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Use Permit
. Contract
Between The
Forestry Development
Authority
&
The People of
Sal10uyou SectioJ!Jl
p
Grand Bassa County
RD.A.
p.o. Box 10dOlO
lVhein Town, Mount Barela}'
1000, Monrovia 10 Liberia
Monday, July IS. 2011
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REPUBUC OF LIBERIA)
MONTSERRADO COUN1Y)
PRIVATE USE PERMIT CONTRACT BETWEEN THE FORESTRY
DEVELOPMENT AUTHORllTY AND THE PEOPLE OF SALLOUYOU
SECTION, DISTRICT NUMBER FOR HARVES'IlNG OF 5,438
HECTARES OF FORESTLAl'lD J"OCATED IN DISTRICT NlJl\:I8ER ONE,
GRAND BASSA COUNTY, REl'UBUC OF LIBERIA
THIS CONTRACT made and entered into tlns day of
A.D. 2011, by and between the Government of Libetia, through (the Forestry
Development Authority, hereinafter referred to as the Authority, represented by its
Managing Director. Moses D. Wogbeb Sr. and the People of Tecmor Chietuom, District
Number One, Grand Bassa County, hereinafter referred to as Sallouyou.
represented by Sarah P. Miller, ANTORNEY-IN-FACT, hereinafter wllectlvely
referred to as the Parties,
WIT N E SSE T H:
\VHEREAS, the Authority is statutorily responsible for the sustainable management and
use ofall categories offorest resources;
WHEREAS, the Citizens of Sallouyou Section, District Number One above described,
are legitimate and bonafide owners of an aggregated land mass of 13,437 acres/5,438
hectares of forested land by virtue of inheritance through a legitimate pure-hase from the
Republic ofLiberia;
WHEREAS, by virtue of Section 5.6 (d) (i) of the National Forestry Reform Law
(NFRL) of 200<5, copy ofa set of duly certified Public Land Sale Deed issued under the
signature of President Daniel E. Howard on November 29, A.D. 1918 in proof of
ownership of the subject aggregated tract ofland is hereto anached and marked Exhibit
"A" in bulk to fonn a cogent part ofthis contract;
WHEREAS, io further verification ofllie subject property, the Ministry of Lands, Mines
& Energy finally gives authentication and verification to the said Sallouyou Section Deed
through a letter under the sign:iture of Acting Assistant Minister Maxwell C.F. Gwee.
Attached also is the said verification letter marked Exhibit "'B" to form an integral part of
this Contract;
citizens including elders and youths ofthe above named Sallouvou Section
District #1, Grand Bassa County) comprising, Fufgbahn Section, Zogar To"wn Section:
Gbehwein TO'Wl1 Section, Tart Town Section, Betta Town Section, Saw To'V.'}) Section,
Town Section, Dumu Town Section, Zahn Town Section and Lolo Town
Section, have given their written consent to the appointment and selection ofthe Sarah
P Miller, ATTORNEY-IN-FACT, as their Representative and Legal Agent to act in their
behalf for the sustainable management of their forest resources. The said agreement in
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favor of Sarah P. Miller from tbe citiZ1IDs of Sallouyou Section is hereto attached and
marked Exhibit "C" in bulk to form an integral part ofthis Permit
WHEREAS, validation ofthe area in keeping with Section 5.6 (d) (il) ofthe NFRL and
Section 61 ofFDA Regulation 102-07 shows that the said tract ofland "IS
and does not overlap with any forestry designated land use. Said validation report is
hereto attached and marked Exhibit "D" forming also an integral part of this contract;
WHEREAS, Sallouyou Section is desirous. of commercializing harvestable tree species
on the said accumulative tract of 13,437 acres! 5,438 hectares
the Authority having examined Sallouyou's application and the
requirements of Section 5,6 of the NFRL having been met, declares SaliQuyou qualified
for the issuance of a Private Use Permit that wiJl aHow It enter into contractual agreement
with any company or CQrporation to carry out said commercial act1"vities; and
NOW. llIEREltORE, for and in consideration of the mutual promises and agreements
herein contained, the parties do hereby agree as follows:
1. Defirutions
a. Authority: The Forestry Development Authority (FDA) created by an Act
ofthe Legig!atureon November 1,1976.
b. Annual Operations Plan: the plan that guides the annual operations of the
Holder
c. Chain of Custody: the path of custodianship followed by logs, Timber and
wood products through harvesting, transport, interim storage, prot'eSsing,
distribution and export source oforigin in the forest to end use.
d. Code of Forest Harvesting Practices: a set of standards for
environmentally sound forest use prepared by the Authority
e. Conservation: the sustainable management and protection of forest
resources to achieve maximum environmental, social, economic and
scientific benefits for present and future generations
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f Forestry: the science, art and practice ofconservation of forest resources
g. forest Resources License: any legal instrument pursuant to which the
Authority allows a person, subject to specified conditions, to extract
forest resources or make other productive and sustainable use of forest
land. This includes Forest management Contracts, Timber Sale Contracts,
Forest Use Permit and Private Use Permit.
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h, Forestland: a tract of land, including its flora and fauna capable of
producing furest resources, or land set aside for the purpose of forestry,
but not including land in permanent settlements and land that has been in
long term use for non-shifting cultivation ofcrops or raising livestock.
L Forest Product: any material or item derived from furest resources.
J. Forest :Management Contract: forestry contract which covers a land area of
50,000 - 400,000 hectares,
k Holder: a person who holds a valid forest resources license
L Land Owner: a person who owns land by legal title
m. Operator: a person harvesting or making commercial use of forest
resources under a furest resources license, including a person working as
an employee, contractor or other agent for a Holder.
n. Pre-Felling Operations: Jegal requirements of the Holder before feHing of
logs. They include posting of required performance bond; preparation of
initial annual operations plan and preparation of environmental impact
assessment_
O. Private Use Permit' a forest resource license jssued by the Government to
aUcrw commercial use ofthe forest resources on private land"
p_ Public Cse Permit: a forest resource license issued to extract forest
resource from an area less than 1000 hectares
q. Reforestation: the establishment of a tree plantation in a previously
forested area that has been amcted by cutting. fire, or some other at.'t of
tree removal.
L Societe Generale de SurveiHance {SGS): the institution/company
responsible to manage the Chain ofCustody System.
s. Timber Sale Contrylct: a short tenn forest resources license issued by the
Government for a period ofthree (3) years that allows a person to harvest
timber from a specified tract offorest land.
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2. Metes aDd Boundstrecnnical D...,riplion of SalInuyo" Forest Land & Map
TIle boundary Jjne of Sal lou you fOrest commences at a point marked on the surface of the
earth (LatlLon) 6"12'15.28" N 10'04'12,71" W); which is the boundary on Sarah
]\.fiBer's property, thence a line runs N 22 W for 10,133 feet to a point; thence a line funs
N 2 \V for 18,,084 feet to a point; thence a line runs N 82 \V fur 1;889 feet to a point;
thence a line runs N E fOT_3,9-58 feet to the point on the Wo River; thence a line runs
along the Wo River in the Eastern direction fur 28,153 feet to a point; thence a line runs S
6' E for 27,524 feet which serves as boundary between Marble. Clan PUP and Sallouyou
forest to a point; thence a line runs Due West for 18,699 feet to the point of
commencement embracing 5,438 JIr&!ares of land and no more.
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4. Contract Objective
&. To haIvesl merchantable tree species from 5,438 hectares of tract of land
otherwise called the Sa11ouyou Forest Land
b. To engage III refurestation of the area involving indigenous specJes
c. To create alternative uses ofthe tract of land after harvesting of trees
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d. To create employment for about 250 locals of the contract area and
surrounding towns and villages.
5 Contract Duration
The contract shall be for three (3) e a r s ~
6 Chain of Custody System
In keeping with Section 135 of the National Forestry Reform Law 0[2006 and
sections (1-35) of FDA Regulation 108-07, the Chain of Custody System will
apply during the life and implementation of this contract. The system so
established for the tracking of togs, timber and wood products from forest to
processing and then 10 domestic or foreign market shaH be managed by Societe
Generale de Surveillance (SGS) using SGSlHelveta equipment and software as
provided for by section 3.2 (3) of the Chain of Custody System Management
Contract of 2007.
7. Land Rental & Stumpage Tax
Consistent with Section S.7(b) ofthe National Forestry Reform Law of2006, the
Company shall not be charged to pay land rental tax. However, stumpage shall be
paid consistent with Section 5.7 (c) ofthe National Forestry Reform Law and also
consistent with Section 22(b) ofRegulation 107-07.
8. Other Fe.. & GOL Taxes
All other fees and (,JOL Taxes levied on the project shall be consistent with the
Revenue Law ofLiberia and FDA RegulatioIl"
9 Pre-femng Date
Before Company is certified for feUing, alJ pre-felling operations including the
following must be completed:
a. Posting US$50,Ooo.00 perfot1lll!nce bond
b. Submission of initial annuaJ operations plan
c. Environmental Impact Assessment
d. Social Agreement
10 Employment
Recruitment and employment by the Company shall be consistent with Labor
Law ofLiberia and International Labor Organization
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Termination
This contract shan be tenninated if the company upon notice of breach of any
term of this Contract fails to remedy said breach within a period of (60) sixty
days,
In the event of force majeure, which causes either party from meeting its
obligations herein stated. the Contract shall be suspended as long as the force
majeure continues.
10. Duty of Care
The Authority shaH ensure that the Company maintains environmental quality of
the cutting area and comply v,dth an other conditions consistent with the Liberia
Code of Harvesting Practices to include:
a. Water course protection
b, Erosion pre'vention
c. Prevention of poHution to rivers, streams and other waterways by disposal of
wastes
d. Prevention of fire disaster
The operation shaH also be in conformity with international conventions to which
Liberia is a party. They include: the Convention on Biodiversity, the International
Tropkal Timber Agreement, the United Nation Framework Convention on Climate
Change, the United Nations Convention to Combat Desertification, the Convention
on International Trade in Endangered Species and the RAMSAR Convention on
Wetland Management
11.
In effecting this CDntract between the Corporation and the Authority, the relevant
Laws of Liberia including but not limited to the National Forestry Refurm Law
and regulation governing Chain ofCustody wiH prevaiL
12, Binding Eff"l'l
This Agreement is binding on the parties, their succe&<;ors-ln-office as if they
were physically present at execution ofthis instrument
In witness whereof, we have affixed our signatures on the day and date first
mentioned above.
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FOil THE CITIZIlNS OF SEUOUYOU S"('''I'ION
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June 13, 2011
Mrs. Sarah P. Miller
Attorney-in-Fact
SaUoyou Section
District # 1, Grand Bassa County
Han, Moses 0, Wogbeh
Managing Director
Forestry Development Authority {FOAl
Mount Barclay
liberia
Dear Han. Wogbeh:
Kindly accept my compliments and appreciation for the manner in which you have steered the
affairs of the forestry Development Authority (FDA),
The purpose of this communication is to applYJ on behalf of the people of Salloyou Section
District #1 Grand 8assa County, for a Private- Use Permit (PUP} to enable us carry on commercial
! loggIng on our property,
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Hen. Wogneh
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you can rest assured we will abide by all the Reform forestry law and all the
regulations pertaining thereto.
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Please find attached Power Of Attorney and deed.
Best regards.
Sincerely yours,
c:::;;p,vvr,[ \4.-
S a ~ l p . Miller
ATTORNEY-IN-fACT
SAUOYOU SECTION
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PU
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LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESES PRESENTS, that we , the Citizens, Etdets, Cltlefs ofSalloyou
Town District number 1, Grand Bassa County, the undersigned.. have made, constituted,
appointed. and by these presents do make. constitute, and appoint Sarab P. MOler our true and
lawful in our name, place. and stead, and on our behalf, to be responsible for and
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sign any communication or document emanating from or to tile Forestry Deve-loprnentAuthority,
the Ministry of Lands, Mines & Energy and other agendes of Government regardiugour forest land.
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OUf Attorney-in-fact is further authorized to enter into contracts with any duly qualified company
to manage the forest resources collectively owned by us.
Accordingly, our said Attorney-in-Fact is hereby authorized to institute any and allla",,'fu]
actions or to take such other Jawful steps, as may be necessary to ensure the purpose and intent of
this instrument.
This Power- of- Attorney shall be effective until otherwise revoked, and it supersedes and
replaces any and all other Power- of- Attorney, which we may have previously issued with regard to
our forest.
IN WITNESS WHEREOF. WE HAVE SET OUR HANDS AND AFFIXED OUR SIGNATURES THIS 20"
OF JUNE A,D. 2011.
Olcif'Cih bf:;e.sar
OPAHDOEGAR
MAMA SAll0YOU
WOMEN CHAIRLADY YOUTH CHAlRMAN
SALLOYOU
ELDER

SECRETARY
AND SiJiiS";3ED 10
LIMITED POWER OFAITORNEY
KNOW ALL MEN BY THESES PRESENTS. that we the Citizens, Elders, ofSaUoyou
Town District number 1, Grand Bassa County, the undersigned, have made, constituted,
appointed, and by these presents do make, constitute. and appoint Sarah P. MiJIer our true and
lawful in our name, place, and stead, and on our behalf, to be responsible for and
sign any communication or document emanating from or to the Forestry Development Authority,
the Ministry of Lands, Mines & Energy and other agencies of Government regarding our forest land.
OUf is further authorized to enter into contracts with any duly qualified company
to manage the forest resources collectively owned by us.
Accordingly, our said is hereby authorized to institute any and all lawful
;;ctions or to take such other lawful steps. as may be necessary to ensure the purpose and intent of
this instmment
This of- Attorney shall be eff&tive until otherwise revoked. and it supersedes and
replaces any and all other Power- of, Attorney, which we may have previously issued with regard to
our forest
IN WITNESS WHEREOF, WE HAVE SET OUR HANDS AND AFFIXED OUR SIGNATURES THIS 20"
OF JUNE A.D. ZOllo
oliEtIA bDe.fJOr-
QPAHDOEGAR j.
SENIOR ELDER
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MAMA SALLOYOU SATURDAYWILLlE
WOMEN CHAIRLADY YOUTH CHAIRMAN
ELDER
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'1'0 .ILL TO
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the hf::)ublic of Liberia i'o.. ti.:yoelf and..':.y successors in" office have
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k../wwn ;l..caft..aina ..
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Chief Bulan Inhabi tanta of ',l.'eemarb thai!' beL::s agaiuB"t, t.he
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lawful claims of all pe-raCD.8.' (;lai:::dnl
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Lh the c<;:,n$(:!}t. of thE: ..-"n c of Libe!"ia.


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_NATIVE.. TOWSI-ll'p_OOEDuEROM._RepUhlic, ,of _,I. -j beM a. T!LClli.e.!_Ba.dah....o.1'_._
J.L.!a.l!lo..i..1L.liL.-. ala] 2Qth .19..::s5 Daniel. E....
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REPUBLIC O:rrLIBERlA
MlNISTRYOFLANDS MINES & ENERGY
, P. O. BOX 10-9024 '
1000 MONROVIA 10, LIBERIA, WEST AFRICA
TEL.: (231) 226-858. FAX: (231) 226-281
LEERJAN CARTOGRAPIDC SERVICE
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. April 26, 2011
Han. Moses D. Wog'geh, Sf, .
-MANACINGIi1REcrOR
AutIi:ority
P. O. Box 10-30'10
Momovia, Liberia
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We, writJ>'to and acknowledge receipt of your letter dated 29
th
Ref. requesting-the Ministry of Lands, Mines & Energy
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to re'Vie-w, verify ,and ':(feeds 'Pertaining to land area in Doe and
Owensgrove Clans.' #1 ofGran'd Bassa County and are also pleased to furnish
Y0u:with,the ._,
We are to infutin ydu that Documentations submitted for review were
ehecked:b-y 0 and
'In' 50- Authority should proceel;i in
, to the people of Compound #1 of Grand Bassa
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Forestry Development Authority j
P.O. Box 10-3010
Elise Saliby's Compound
Kappa House, Congo Town
Monrovia, Liberia
MEMORANDUM
TO: John T, Woods
Managing
For.shy
FROM: John D. Kantor, Sur-
Technical ManagerlR&D
Towon Nye':uyl
Acting Manager/GIS & Remote Sensing
Subject: Authentication & VerificatWn ofDeeded Sallouyou LandProperty in
Grond Bussa County-UBERlA
DATE: July 7, 2011
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Background
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Predicated on a written communication dated June 13, 2011 from Sarah Miller,
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requesting the Forestry Development Authority to authenticale, verifY and issue Private
Use Permit in order to carry out commercial logging in ber private deeded land. A team
of technicians from the FDA, blended with the Contract Administrator was mandated by
Managing Director Moses n Wogben, Sf. to visit the area for detail ground truthing aod
authentication ofthe area for Management's reaction.
Field, Patrol
During the period June 15-21, the jOint team patroned a significant portion of the area
and gathered detail information relating to on going multipJe uses of the area, types of
vegetation and livelihood of community dwellers within the parameters of the forests.
The GIS officer, Assistant Chief Surveyor and the Contract Administrator handled all
Technical issues rdating to the deed location, boundaries and commencement/starting
points,
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Findings
Following an intensive tour by the three (3) men we observed and authenticated that:
"> Indeed the Sarah Miller's property truly lies within Grand Bassa County.
* The area doesn
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t overlap with any ofthe Forest Management Contracts, Protected
and Proposed Protected Areas.
& Teclmically Sarah MiIler?g property deed description and total land mass is
13,437.3 acres.
v4> Large portion of all the areas as described in the deeds consists ofprimary forests
and species except those areas near the road side consists ofmangrove swamps.
*" The area is the borne ofsome un-protected v.rildlife animals species
aj) Large portion of all the areas are suitable for harvesting (commcrciallogging)_
>!> Topographically, the entire land mass of deeds submitted to FDA is relatively flat
with few v.!ater ways,
I' The entire community proves that the deed is family deed, and that the
community has no problem with FDA granting pennisslon to their sister to
conduct logging,
Recommsndation
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In view of the verification and confmnation of these documents by the Forestry
Development Authority, coupled with our ground truthing (June 15-21), we herein
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recommend that:
'" That the deed be forwarded to the Ministry of Lands, Mines & Surveys,
especially the Director of Cartography for authentication. After authenticating
the deed and found legitimate, the FDA should perform the below activities
'" As per National ForeslIy Reform Law (NrRL) of 2006 provision in chapter
five section 5 6, we therefore recommend that FDA Management issue a
Private Use Permit for Land totaling 5,438 hecto.res to the people of Grand
Bassa Coumy, particularly Sallouyou Section in compliance with all relevant
requirements of this section (particularly section 5.6 c O,ii,iii) and d
( i ) i , i i ~ i v , v , v i ) respectively.
Cd
DMDA
Law Office
Commercial Department
File
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REPtJBLIC OF UBERfA
. GRAND BASSA coum;y)
AGREEMENT made and- ell,emi inm this 2'0,; ciay oj At/gus; i, i,
2011 by and Mt\vee:1 the CIDEFS, ELDERS, A."iO CITIZENS OF SALWVQl:J TOW[\,
GOWE[N roW:,\, Al\l} OTHER TOWNS, DISTRlCT NUMBER J.
BASSA COUNTY (hereinafter .;;ollectlveJy called the "OWNER"), representee 0)
Fact Hon, Sa."1ih Miller, and GLOBAL LOGGING COMPANY (herclNliie;
ca.!led represented by its Chairman, Fabrizio ColOmbo hereb}:
. WHE:RfA$, the owners has tivc thousand four hUfio\'eJ M<; tim,:, ;:'f!.ill 1:" ,., '"i-,.'
Jand, {the"forest Land}, l.oc3ted DlStrict Number I, G-ntnd Bassa count}, ()) 'H'
sball be- evidenced by a :tnaP$ and other ana it:- C;j;r;:()on ,J" '''-':Y \\;.:<, . -"
.fOrlnan forest land.
WHEREAS. the Ovrner has that It is unable to economically explo!r 6e Pert's;
land, and has determined it to be in its best interest to assign the Fore<;t Land .to the Investor:
\.\ HfRI: .... S tilt" h)p !,;("';.:M:nh;d tiM] i: dv,"',
WIthin tt,( Lar:J a'hi !laS L(m:;enle;J (Il Obi..i;, fin".;,...; i "
issued by the GOYeTl1ment Liberia tbrough the FOd:stry DeveJopmclH d-U.:') ""..'
t{i1'liQrY ,,c Agriculnlf<2':
WflEREAS, the Ovmer has agreed Cot to pe_rrrlil any other individuaL ;,!,wur cf
indil1iduw or company1.Q engage in any form of logging dn the foreSt land Lxm:-lstent w;lh '!r"
,,,c: :(;<1. ilK' l'il-'';",():' '-'.<1 :>jwnd m()I'l; :$ USHMJJOO to ,)hlain ,j;t' .1",- ", 'I" '
d-OCll(11u\l t,) qu"l;!i<::,J the' /<)ftSl Jbr logging. and
NQ\V THEREFORE, for {inc! 1I1 conQder.atio)'l of I.h<.: PfCl11l"':o.. !'';:',1,.' >'",,:
:t:,j ,,::,1 ',-Ill','''''!' h..:r':" "E"')nCc in:' P!li11c,,>he-"<'1(,;I:> ,..,.
1. THE The U'WTIcr hereby assigns, grants, and ,0 tno;;
five lhousard thirt)' four hectares of the Fore:H Land, which is in SalivYUti '; U\':!l
Gowein ToWl'l and other afii:-cted to\Vl\S, District Number 1, Grand B<lssa C{Jumy. ;'i
hereinafter called, the "Assigned Forest", The Owner makes this assignmenl to till! investor. witL
cxchlsive fight 10 operata managt!, control. exploit aDd admmlste-r tile ;\.5.";g:-,;.:(\ ..... ,...
all tht rights Ilnd prh'ifeges pertaining aOO in ooll!lct;tivn II') t"
".' ,;:'.' .,- ,",';,,,h:nl I,nh :"1"; i1<Ot... ;'.;,- ilK '-,h
sale or iogs and timber from the AssIgned ,Forese
;1.. Rovalty; The InvestOl shaH pay to the PUP Holder USS3,OO (three ;;bin:r\; ;."
f'VNy (,Hhjr meter (If logs exported by the Invesuw tron: the !\c,,,igu'-"<i ; , "."',
.. ,( .,r'h 1:,.:;h, hi' ''llmle by t1>v(''''('t .:: \'\.61'"
anCr ;hl! rcCt;!pl<.,f till.: hill HrJading from thL" :.IHp{lLt; ';gL";;..
!II, ProLeqs: i'hc Investor shaH wn:aruCl or cauox.: ,0 iJ( G"'t,.:',, ;"\' "
pump ",db and PH.'i.iI"h. fun), DuwJIQ uf Lin,- J .. H1iio ,h, Ii, .. ,.,
:hi" ugrttlll.';nl. rh,-' l.,\\!$hif shall Of cam:r 11' :-"" cn,o'n':dn
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brick!:; schoo!s with concrete foundation and pillars eighteen munins of\(R tilt-"
si!ling oft.his agreement. The Investor shaH a/!;o award si" (6) local sdlOfaD<hip'
:.mnuaJlr (::! undergradirnt!!' and 4 high schoo! scholarships J during the !ife of' this
J\greement to students of t:he 1'1fI.',a to attend scnwls within the Dr
Uh---,::'in, TI)(:: If!vestN $hall "is!) acc.'wd emplO}Tnem preterence tn qualif;",,;
residents of the area.
:v /UI {Orlstf\.lcteC bj :ne Investor for ibo OP.'Of2t;uf; ot 'h,; '\:.. , :;,',,,
FmCSl shill-I be durable, along bridges, wni.:il sna!: c-c corltln. m,<'.
maintained: during the durat1(m of this. SocIal Agreement.
3. TERM" This Socilil Agreement is hereby granted for, and shaH be valid and binding fer
periO"d oftbxee (3) years, corn.-nencing on the date (lfits execution v;ith .he optional for renewa'.
4. . .l\fUrUAL INTEREST, The Parties shaE strive ", (;rlgae('" ,; "
by the"tenTIS of this Social Agreement, taking ,;:10
acoo11Ot all affected conu:l:1uriities. It is also agreed oy the Parties th<rt i;oopetadon in the future
of this Agreement shall aHow the Affected C,munurnties and the inves:.or
: to' acIDeve their tespectlve\'l)jectives.
5. R,.';it'01)ISlBH...IT:UDLQURE OWNER i. That {.qe Owne; gr<lmed a;1'.,: ",,;,1'
;:pholct the \C'J;S ;litO of thi., ?greemenl assigning all rigilrs in do 'uggi;;g ;t' U,<'_"'
forest fur a penoc' .of three years with a ,enewabIe optiml. ii . That the Uwo.!, shull idci1!l!i< :iJr,,;
fur.the oonstrllctiotl of aI). projects. iii. That the Owner shaJl halt all Pit Sa\\ryer,
extendIng their activities fit the Assigned Area an':; ilny pit sawing activities shall be aurhcrizcd
by the l"lIcslor only, Should the Owners Or their agent authorize any pit iWiVving attiviliC$ Of ;,'J1;
furm ()flvggil1t! <dCtlvlty without the express wntten"consent of the Jnve!llor, lor IDe firSl (!Herl:'c
the r9yalty shall be reduced by 50%, the second offu:nse shall result to cancelation of one
project. iv That the Ovmer, ID ,cll$iderapon of the financial <yld material payments made by t..'Je
::n ,:';1.;,.'1, ;:Jmll tifihdd the tern,s iil:d woditJons of this Agreement.
6. . I!U1Y OF THE ll'1vESTQ,& I. Shall C{ln:;:.'ftx:l .
mentioned In Anlc1e '2 al:;Qve. ii. Shall oonstructS!}Cial as mentioned in Ani,Jo;-:: <til"
iii. Shall provide scholarships ?ceorowg 10 Article 2
7. FORCE for purposes of'this lease, the term "force majeure" is defl!:l'::d
''-''J a<:l of God, act of " pi.ibh:; authority ()f public enemy, 'W<tt, civil disturbancos, tin;",
flood, cjvil disturbance, or other causes beyond the control of either party, regardless of whether
", :-.(, ",: l!,c ,,1M,S hcre spt-".;ifically set OUL Neither party shall be- n::sp'.mdbi:.
any ladufc 0; pcrt'ormtllv:e of any of it,; obligations under the>: vthc;n: '.hl.,; [;vip"
8. ARBH.'RATJON. Any dispute, other than those defi],eC a;; dddUi, I;, ,,--,t,,... ,-
herein'i\Mv!:';, which lTlay arise out ofth!s Agreement which cannot be <i.!yt}cal)!y scn:cd ki<:.,:
",njl, "h,,;) j,,,. 'efened 10 (\ Broad of Arhitra!0r.'l comflo!lCd <,f ,\r!v'''r;,"',c''
,,$ :o\!:1ws' et.ch party :;hall a?poini one (1) Arbitrator and the two (1) Arhitrate<,,- '.('.
appointed shaH appoint a third who will serve as Chairmrul. If the two Arbitrators first appoinkd
('.annot agree on the third. the Managing,Director of FDA shan be.requested to appoint the third.
Arbitration shaH be In keepmg with the prooedurc of Chapter t)JX,ly- ,'ow \.o-h v! '.iI>- , ...
Procedure Law of Liberia. The parties shall eqU<llly bear the cost of the Arbitration proc<!e('lng.....,
9. WEg OF WAIVER OF PRIQR BREACH. No waiver i)y 1n-..:(:;"\of ,'., ;;w ':] ': '.:
:my c()Ve\u.nt or condition of this Social Agreement shall be construed 8A<; a waiver vf an; 0U'l;,
covenant or condition, nor shaH waiver of any breach of this Agreement be COOSirvect m;
waiver ofany other or subsequent breed..
10. NOTICES. Anv notice to OVl<llet provided for herein shaH c;;; deemed: tD lis'."!;
,>:(\'C';) nn!\ whe(l ;;11,'11 notice. m \......ilHlg ,Hid addressed to ();vn.er leg"" Y
. ,I. ':.\";",, ',n,' ,)[" '\0, In Fa<::t {;C!hc (hv;cr n !h,. 1")".<>1:
,n "tn'llg C\!1'. nn\;n: \l) Un:: Investor. itS provided herein ,.,;hai! t;e d<.'urH>:1:-' ,,!
bee., setvcd only when such in writing and addreSSltd to the !n\-e:;toL i)U:< 0.,;" "L'.
to the Chairman of the Investor or such other office or representative, as the :nVeS\,()T r1i<
J':SigE,l!;;- I:: \, riling,.
11. TRRMINATION Nty notice of termination by the OVlller shall be given to the Investor.at
least 90 days prim to the date of termination. A:uy notice of by the Investor shall be
,;i ... ..:ll Iv O\.'IlI:r ;,ti :u:;t 60 'CajS pdCl'to the Galf; of!enninatiot;
12- The:e are no tf4'tnS, obilgatrons. CQve:;.artls or condJt;ons orh;:;r ,h,;;;
shaH be valid unless evidenced by
an agreemecr in writing.
13. DF;FAULT. The occurrence of any of the following shall be deemed a de.fau'1 of tl,(
Man<lt<cment.
1.<, ' pd,!jOn If' :.an\ZfupK':- tileD b} \l! 21:"\1[1::, :'he
(OJ A petition or anSW<:1 filed by or as"'""t the Management seeKm;;::
or' other relief of the same or different ';;:ind une::::
?rovision of the Bimkruptcy Act;
(c) . of the as a bankrupt or insolvent, or insolvency l1i the
<equity sense;'
,(d) ox:, substantially al1.oi the assets of the Management for tlK
(e) y or against th'e Management for the ,a:ppointn'z-r., "f '''''<:1''':
;'e"",\o\, Qr liquidator of the Management with respect :0 alL or
oime Management;
.m ' any of 15 obligations. under Article 2 here)n ;;00,-,<:;,
desCribed in this Section the Owner shaH'give the

not corrected within, ninety (90) days after "to any remedy or right given this Agreement.
give notice to ShalJ 'cancerihls Agreement on the date Spt'cificd in
r;;ticT wh;{'h dnte n:lt he eRrlier than tnt' ninely (9()) days a(orcyaicl
14, Ji:;NTlR:g This AgreeJuent contains the comp:ete agre,,;mt:nt l,:vHccr:1Iq;
til:.: cmp!oyrrH.::m arrangement between the parties and shall. jlS of the effe(;Ijve date vI' ti';:
AgfeL'lllCnL supersede at! other agreements betvYecn the pa..'"1ies. Tue parties stipulate that nt'H\Kr
of them hai made any tep'resen!!lJion with respect to the subject matter of this Agreement ur im;
representations including the execution and delivery of this Agreement except such
repxlien,o.tivu:; as arc speeif:cally set forth 'in this Agreement, and each of the partie"
a..::knowledges thai (he party'has relied'Qn its own judgmenfin entering into thiOi Agreement Trw
parties further acknowledge that any payments 01" representations that may have been made hy
either ot them to the other prior to the date of executing rillS Agrwrocnt arL or ill> dT..>.:! <1m;
neitl\er of them has relied on such payments or representati<ms in connection wit!' ,he :'11<': "
dealings with the other,
1:'i. This Social Agreement is bmding on tile psrties herehl, thei ;cgai
representatives, >:uccessors and assigns,
IN 'VITNESS WHEREOF, the pa".ic,.
hereto have executed this Sod,,!! Agrccmt:'1: :!\
FOR HIE OWNERS,
-If!... . ._... -
Towa Ct't!<.:f
Gowein Town ("
At"11

'2.:. :fTUI "t(
.
---_._- ..---..
,.
" ,.... <,,'--.;
__J __
:';::':
FOR (;LOBAL LOGGING COMPNV;
ATTESTED:
..
LOCAL AUTllORlTY
FORESTRY DEVELOPMENT AUTHORITY
5:5 REVENUE STAM1" AFFIXED.

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