Private Use Permit Between The Forestry Development Authority and the DANCO, Monica Cooper, Margibi County April 14, 2009

7/28/2019 Private Use Permit Between The Forestry Development Authority and the DANCO, Monica Cooper, Margibi County

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i through the Forestry e v e l ~ AuthoriCy, bereinafter~ ~ ~ ~ ~ ; ~ ~ i n m ~ t h i s ~ E ' ~ I j " " dayof anrJ ___ AD. 2009,by its Managing Director ,lohn T. Woods, and DANCO, a~ by its ChiefBxecutive Officer,hereby;WIT N E SSE T B:

the Authority is staIllIorily responsible fur the sustaioable management and use of all

~ : ~ : ~ : : : : ~ ~ : i .p r i _ citizen ofLiberia and owner ofa tractof203 hectares of!Ii land lying on the Bong MinesROad;: : : ~ ~ M : O D l ~ ; c a : Cooper is desirous ofOOIIlIIIeTCializing harves1ab1e tree specieson said tract ofthe graoting ofLetter ofAuthority to FDA to oommission this plt>ject;

~ : ~ ' : ~ ~ ~ ~ h a v i n g : ; ~ e x a m i u e d Monica's applicaIion declares Monica qualified furIi! keeping with Section 5.6ofthe NFRL;

i:::::j- = m . ~ a n d ~ : i n ~ C O n s i d e r s t i o n of the mutoaI promises and agreements hereinII - .. fullows:. ~ . . . . . . . . . . _.I.i.....'" . ~ _ ~ . J ' f t _ , " ~ ____n 'ioml....IBIiIl. . . ."" ~ f u i m 203 hectares "ftractof load herein called0:J0per'. furmTo create alternative uses of the tract of land after harvesting oftrees

t\. '1;0 create employment fur about 35-50 looaIs of the oontnlCt are and swrounding townsand villages.Contract DuraIiOD

The contract shall be fur two (2) years.3.

The Chain ofCustodySystem using SGSlHelvetaequipment and software_apply -the life and implementation ofthis contract4. Land Ream! &; StDmJlllllCTn

Consistent with Section 5.7(b)of the National Forestry refurm Law of2006, theCompanyshall not be cbarged to pay land rental tax. However. stumpage shall be paid coosistent withSectioa 5;7 (


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Office of the Notary PublicMonrovia, Liberia

NOTARY CERTIFICATE. : ? f , ~ ~ " . " " f ' & ' . f i r e m e m ; ; q ; ~ ~ M e ~ e I '$ ~ ~ = n i ' C ~ ~ c o / ~ M t r ..J,"'m ..... .qyel'........ ~ . ~ ......... , ..a,t5.... . c : c ! ? ........ l U j t f - - . l l ~ . - y , j ! > u J 7 l c

o/"""",m"Ae ~ e I ' ~ q , r c " " " " ' m M e !1vJJfi:-'!fi.7YMultfMe, j ! > ~ " ' M e ~ ~ __'THIS OONTRAGT MADE AND ENTERED .INTO BY AND BEmWEEN THE

G O V E R l ~ " f I ' OF LIBERIA, THROUGH THE FORESTRY DEVELOPMENl'J\UTllORITY, KNOWN REJl'EIlRElJ TO AS THE ("AUTHORITY BY &.TURD ITS MANAGING mREOTOR. JUHN T. ,IOODS ,AND DANOO OOR.THRU ITS 0llEIF ElOlCUTlVE OFFIOER, ilLLOF THE OITY OFMONROVIA, REPUB::.IO OF LIBERIA.

gntfdltfm"!}'J"""'nceQRtfmMe'pFIMD''''''eI'_"rct:AOr_'''''''''Jfpf:trdr' pn_-&__ M e . , . . m f ~ " , , ; : ; . J I f t > J Q M e ~ ;:;/Mef:trum &cJQsrdrDtnlhUntf_J' t:.J

. 7 ) e ~ $'&. . ! f ; 1 J O U , . , j ! > ~ . - y , j ! > J J f ' c~ T O . J ' Q / t f r < T t $ ~ " ! } ' ' ! / f o i ' u : / J f p f d u r e ~ . - y


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. . Posting US$5000.00, which is, one fifthafpemmnance bond fur TSC categoryb. Submissioo of initial annual operationsplanc. Environmental1mpaot Assessment

area and complywithall other conditions consistentwith the Liberia Code oflInrvestingl'Iactices to inclode:

_mill\e'C'oirporation ,and the Authority, the relevantLaws of

7. EmploymentRecruitment and employmentby the Company sbaII be consistentwith LaborLaw ofLiberiaand International Labor Organization.

8. TonaInatioBThis con1ra1 shall be terminated i f the company upon notice ofbreachofany Ieml of thisCon1rat1hlls to remedy said breach within a periodaf(60) sixty days.

9.In the event offurce majeuR:, which causes either party from meeting ils obligationshereinslated, the Con1rat sbaII be suspeoded .. long as the furce lIIl!ienre continues.

10. putvofCareThe Authority shall,ensurethat the Company maintains environmental qualityof the cutting

Liberia iaeludiag but not limited to the National ForesIry Reform Law and regulaliongoverning Chain ofCustody will prevail.12.

This Agreementis binding on the parties, their suooesoors-in-office as i f they were physicallypresentat ""

Private Use Permit Between The Forestry Development Authority and the DANCO, Monica Cooper, Margibi County April 14, 2009

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