CONTRACT FOR TRANSFER OF CUTTING RIGHT OF STANDING CROP Transferor of cutting right Representative (hereinafter the Seller) Basis: Acquirer of cutting (hereinafter the Buyer) Name Personal ID code/reg. code Address Phone Identity document no. Name Personal ID code/reg. code Address Phone Identity document no. right Representative Basis: The Seller sells the crop standing on the following land Submission of a forest notification unit County Land unit Rural municipality Cadastral unit number Village Registry part no. Cutting is permitted according notification no. ________________ Cutting right to be sold Allocat ion Area, ha Cutting type Approx. prescribed cut, cubic metres In the event of thinning, the crop density after cutting Marked nature in YES/NO (with paint or a ribbon) The limits are indicated on a map YES/NO (the map has been annexed to the contract) Marked with paint or a ribbon YES/NO Qty The Buyer cleans the cutting areas as follows Deadline of removal of timber obtained ______ / _______ / _______ Work to be performed only in summer The legal basis for cutting is subsection 41 (14) of the Forest Act Information on marking the Seed trees and old limits of the cutting area crop trees ______ / _______ / _______ Cutting area cleansing date _______ forest Crop density Exercise of cutting right Cutting date to Cutting waste is piled Cutting waste is burnt over the total area Drag roads are strengthened with cutting waste Cutting waste is chopped and spread Cutting waste is removed from the area ______ / _______ / winter Additional requirements for cutting all year round Condition of the area used for exercising the cutting right at the time of signature of the contract Buyer’s rights of use of land units in dragging timber and Drag roads Width of dragging roads ___ - 4 m (no more than storing it on the immovable of the seller and/or third parties The material is transported and stored only on the seller’s immovable The material is transported and stored only on third parties' immovable The use of the third parties' land units is coordinated with the landlords by the 20% of the cutting area in total) The drag roads are marked in nature YES NO The scheme of the drag roads has been annexed to Buyer Seller Land units used: the contract YES NO Calculation of the sales price of the cutting right on the basis of the value of the standing crop (indicate in the event the price of the standing crop is specified as a specific sum) Sales price ______________ kroons, VAT 20% _____________ kroons. Total: ___________ kroons. Calculation of the sales price of the cutting right on the basis of measuring the timber (filled in if the Seller is paid on the basis of the measuring results of the timber. The quality and prices of the types of the timber have been specified in the annex to the contract) The timber is measured by the: The measurement method, place and time (where and how and when the felled timber is measured): Buyer Log and block ___________________________________________________________ Seller Paper and firewood ________________________________________________________ by agreement of the parties, a third party Other ___________________________________________________________________ Timber left to the Seller The costs of felling the assortments are paid to the Buyer: Assortment _________________________________ By way of offsetting cutting revenue Quantity ___________________________________ In the amount of _____________ kroons The assortment left to the Seller is stored ______________________________________ ______________________ Payment of the sales price and contractual penalty The sales price is fully paid before commencement of cutting not later than ________________/__________/____________ (if the price has been set on the basis of the value of the standing crop) The sales price is paid within ________ days after the measuring results have become clear (if the price is set on the basis of measuring the timber), taking into account that _______% of the approximate cost of the cutting right is paid by way of a down payment before commencement of cutting not later than ___________________________. The following is paid in instalments: Payment I of _______________ kroons on ___ /___/___________ Payment II of _______________ kroons on ___/___/____________ (may be used regardless of the manner of setting the price) Bank account _________________________ Contractual penalty for a ____________________kroons breach of the Other terms and conditions Seller’s name and signature Buyer’s name and signature The Contract has been made on ________/__________/__________ in _______________ (place). By signing the contract the parties warrant and represent that they have accessed the terms and conditions annexed to the contract and consent to their validity with regard to this contract. If a standard term is in conflict with the terms agreed on separately by the parties, the special term shall apply. contract: