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EXHIBIT 10.5
a104cbegletermsheet1a.jpg

Corporate Headquarters 4350 Congress Street, Suite 600 · Charlotte, NC 28209 U.S.A. · Phone 704-885-2555 · Fax 704-885-2429
www.glatfelter.com


EXHIBIT 10.5
a104cbegletermsheet2a.jpg
Corporate Headquarters 4350 Congress Street, Suite 600 · Charlotte, NC 28209 U.S.A. · Phone 704-885-2555 · Fax 704-885-2429
www.glatfelter.com


EXHIBIT 10.5
a104cbegletermsheet_3a.jpg
Corporate Headquarters 4350 Congress Street, Suite 600 · Charlotte, NC 28209 U.S.A. · Phone 704-885-2555 · Fax 704-885-2429
www.glatfelter.com