<SEC-DOCUMENT>0001564590-19-018765.txt : 20190513
<SEC-HEADER>0001564590-19-018765.hdr.sgml : 20190513
<ACCEPTANCE-DATETIME>20190513140732
ACCESSION NUMBER:		0001564590-19-018765
CONFORMED SUBMISSION TYPE:	S-8 POS
PUBLIC DOCUMENT COUNT:		12
FILED AS OF DATE:		20190513
DATE AS OF CHANGE:		20190513
EFFECTIVENESS DATE:		20190513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POTLATCHDELTIC CORP
		CENTRAL INDEX KEY:			0001338749
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				820156045
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8 POS
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-231378
		FILM NUMBER:		19817875

	BUSINESS ADDRESS:	
		STREET 1:		601 WEST FIRST AVENUE
		STREET 2:		SUITE 1600
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201
		BUSINESS PHONE:		(509) 835-1500

	MAIL ADDRESS:	
		STREET 1:		601 WEST FIRST AVENUE
		STREET 2:		SUITE 1600
		CITY:			SPOKANE
		STATE:			WA
		ZIP:			99201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	POTLATCH CORP
		DATE OF NAME CHANGE:	20060206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Potlatch Holdings, Inc.
		DATE OF NAME CHANGE:	20050914
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8 POS
<SEQUENCE>1
<FILENAME>pch-s8pos.htm
<DESCRIPTION>S-8 POS 333-231378
<TEXT>
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pch-s8pos.htm
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<p style="margin-top:4pt;margin-bottom:0pt;margin-left:17.92%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><a name="Cover"></a>As<font style="letter-spacing:-0.15pt;"> </font>filed<font style="letter-spacing:-0.15pt;"> </font>with<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>Securities<font style="letter-spacing:-0.15pt;"> </font>and<font style="letter-spacing:-0.2pt;"> </font>Exchange<font style="letter-spacing:-0.2pt;"> </font>Commission<font style="letter-spacing:-0.15pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font>May 13, 2019</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:62.07%;margin-right:0.77%;text-indent:6.9%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registration<font style="letter-spacing:-0.3pt;"> </font>No.<font style="letter-spacing:-0.3pt;"> </font>333-195960</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:68.97%;margin-right:0.77%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registration No. 333-231378&nbsp;&nbsp;</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">UNITED <font style="letter-spacing:-0.3pt;">STATES</font></p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">SECURITIES<font style="letter-spacing:-0.6pt;"> </font>AND EXCHANGE COMMISSION</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.1pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Washington,<font style="letter-spacing:-0.05pt;"> D.C.</font> 20549</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:32.55%;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000001.jpg" title="" alt="" style="width:243px;height:1px;"></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7pt;">&nbsp;</p>
<p style="text-align:center;margin-top:3pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">POST-EFFECTIVE AMENDMENT NO. 1</p>
<p style="text-align:center;margin-top:3pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">FILE NO. 333-195960</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.1pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">POST-EFFECTIVE AMENDMENT NO. 1</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">FILE NO. 333-231378</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">___________________________________</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-family:Times New Roman;font-weight:bold;;">&nbsp;</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">TO FORM S-8</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">REGISTRATION STATEMENT</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:11pt;font-weight:normal;text-transform:none;font-variant: normal;">Under </p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:11pt;font-weight:normal;text-transform:none;font-variant: normal;">The Securities Act of 1933</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:33.07%;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000002.jpg" title="" alt="" style="width:236px;height:1px;"></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7pt;">&nbsp;</p>
<p style="text-align:center;margin-top:3pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.15pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">POTLATCHDELTIC<font style="letter-spacing:-0.65pt;"> </font>CORPORATION</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Exact<font style="letter-spacing:-0.25pt;"> </font>name<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>registrant<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">specified</font><font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font>charter)</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;letter-spacing:-0.1pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Delaware</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(State<font style="letter-spacing:-0.3pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>other<font style="letter-spacing:-0.3pt;"> </font>jurisdiction<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>incorporation<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">organization)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">82-0156045</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(I.R.S.<font style="letter-spacing:-0.35pt;"> </font>Employer<font style="letter-spacing:-0.4pt;"> </font>Identification<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">No.)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">601<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.2pt;">West</font><font style="letter-spacing:-0.15pt;"> </font>First<font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.15pt;">Avenue,</font><font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">Suite</font><font style="letter-spacing:-0.1pt;"> </font>1600</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Spokane,<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.65pt;">WA</font><font style="letter-spacing:2.1pt;"> </font>99201</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Address<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>principal<font style="letter-spacing:-0.25pt;"> </font>executive<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">offices)</font><font style="letter-spacing:-0.25pt;"> </font>(Zip<font style="letter-spacing:-0.25pt;"> </font>Code)</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:6pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:32.57%;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000003.jpg" title="" alt="" style="width:243px;height:1px;"></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.27%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:bold;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.27%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Potlatch<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">Corporation</font><font style="letter-spacing:-0.25pt;"> </font>2014<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.15pt;">Long-Term</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Incentive</font><font style="letter-spacing:-0.3pt;"> </font>Plan</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.27%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">PotlatchDeltic Corporation 2019 Long-Term Incentive Plan</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Full<font style="letter-spacing:-0.2pt;"> </font>title<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.2pt;"> </font>plan)</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:32.57%;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000004.jpg" title="" alt="" style="width:243px;height:1px;"></p>
<p style="text-align:center;line-height:12pt;margin-bottom:0pt;margin-top:0pt;margin-left:16.52%;margin-right:16.48%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Lorrie<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">Scott,</font><font style="letter-spacing:-0.1pt;"> </font>Esq.</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:24.94%;margin-right:24.9%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.15pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Vice<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">President,</font><font style="letter-spacing:-0.3pt;"> </font>General<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Counsel</font><font style="letter-spacing:-0.25pt;"> </font>&amp;<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Corporate</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Secretary</font><font style="letter-spacing:1.25pt;"> </font>PotlatchDeltic<font style="letter-spacing:-0.45pt;"> </font><font style="letter-spacing:-0.05pt;">Corporation</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">601<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.2pt;">West</font><font style="letter-spacing:-0.15pt;"> </font>First<font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.15pt;">Avenue,</font><font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">Suite</font><font style="letter-spacing:-0.1pt;"> </font>1600</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Spokane,<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.65pt;">WA</font><font style="letter-spacing:2.1pt;"> </font>99201</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.2%;margin-right:16.09%;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">(509) 835-1500</p>
<p style="text-align:center;margin-top:0pt;margin-bottom:0pt;margin-left:16.21%;margin-right:16.09%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Name,<font style="letter-spacing:-0.25pt;"> </font>address<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>telephone<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.1pt;">number,</font><font style="letter-spacing:-0.25pt;"> </font>including<font style="letter-spacing:-0.3pt;"> </font>area<font style="letter-spacing:-0.25pt;"> </font>code,<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>agent<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">service)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.72%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Indicate<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>check<font style="letter-spacing:-0.3pt;"> </font>mark<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">whether</font><font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>registrant<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">large</font><font style="letter-spacing:-0.25pt;"> </font>accelerated<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.1pt;">filer,</font><font style="letter-spacing:-0.3pt;"> </font>an<font style="letter-spacing:-0.3pt;"> </font>accelerated<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.1pt;">filer,</font><font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.3pt;"> </font>non-accelerated<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">filer,</font><font style="letter-spacing:1.4pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">small</font><font style="letter-spacing:-0.25pt;"> </font>reporting<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">company.</font><font style="letter-spacing:2.25pt;"> </font><font style="letter-spacing:-0.05pt;">See</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>definitions<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">"large</font><font style="letter-spacing:-0.25pt;"> </font>accelerated<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.1pt;">filer,"</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">"accelerated</font><font style="letter-spacing:-0.2pt;"> </font>filer"<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">"smaller</font><font style="letter-spacing:1.2pt;"> </font>reporting<font style="letter-spacing:-0.25pt;"> </font>company"<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>Rule<font style="letter-spacing:-0.25pt;"> </font>12b-2<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Exchange<font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act.</font></p>
<p style="margin-top:6pt;margin-bottom:0pt;margin-left:0.96%;text-indent:0%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Large<font style="letter-spacing:-0.5pt;"> </font>accelerated<font style="letter-spacing:-0.5pt;"> </font>filer <img src="gmhuvoaqqych000005.jpg" title="" alt="" style="width:392px;height:14px;">Accelerated<font style="letter-spacing:-0.7pt;"> </font>filer <img src="gmhuvoaqqych000006.jpg" title="" alt="" style="width:12px;height:14px;"></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000007.jpg" title="" alt="" style="width:64px;height:14px;"><img src="gmhuvoaqqych000008.jpg" title="" alt="" style="width:20px;height:14px;"><font style="letter-spacing:-0.05pt;">Non-accelerated</font><font style="letter-spacing:-0.9pt;"> </font>filer<font style="margin-left:148pt;">(Do</font><font style="letter-spacing:-0.25pt;"> </font>not<font style="letter-spacing:-0.25pt;"> </font>check<font style="letter-spacing:-0.3pt;"> </font>if<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">smaller</font><font style="letter-spacing:-0.25pt;"> </font>reporting<font style="letter-spacing:-0.25pt;"> </font>company)<font style="margin-left:148pt;"></font><font style="letter-spacing:-0.05pt;">Smaller</font><font style="letter-spacing:-0.6pt;"> </font>reporting<font style="letter-spacing:-0.55pt;"> </font>company</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
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<p style="margin-top:2pt;margin-bottom:0pt;margin-left:30.08%;text-indent:9.2%;letter-spacing:-0.15pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><font style="letter-spacing:-0.15pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">EXPLANATORY NOTE</font></p>
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On May 6, 2019 (the &#8220;Effective Date&#8221;), the shareholders of PotlatchDeltic Corporation (the &#8220;Registrant&#8221;) approved the Registrant&#8217;s 2019 Long-Term Incentive Plan (the &#8220;2019 Plan&#8221;).&nbsp;&nbsp;The total number of shares of the Registrant&#8217;s common stock authorized for issuance under the 2019 Plan includes, in addition to 1,200,000 new shares (registered concurrently on a new registration statement on Form S-8): (i) the number of shares available for future awards under the Potlatch Corporation 2014 Long-Term Incentive Plan and its predecessor plans (the &#8220;Prior Plans&#8221;) as of the Effective Date and (ii) the number of undelivered shares subject to outstanding awards under the Prior Plans that will become available for future awards as provided for under the 2019 Plan (the shares described in (i) and (ii), the &#8220;Prior Plan Shares&#8221;).</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In accordance with Item 512(a)(1)(iii) of Regulation S-K and Compliance and Disclosure Interpretation 126.43, this Post-Effective Amendment No. 1 to Registration Statement No. 333-195960 and Post-Effective Amendment No. 1 to Registration Statement No. 333-231378 (together, the &#8220;Post-Effective Amendments&#8221;) is hereby filed to cover the issuance of the Prior Plans Shares pursuant to the 2019 Plan.</p>
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<p style="text-align:center;margin-top:2pt; clear:both;margin-bottom:0pt;margin-left:17.35%;margin-right:17.08%;text-indent:0%;letter-spacing:-0.4pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><a name="Body"></a><a name="_AEIOULastRenderedPageBreakAEIOU3"></a><font style="letter-spacing:-0.4pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">P</font><font style="letter-spacing:-0.35pt;">AR</font><font style="letter-spacing:-0.4pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">T</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">II</font></p>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:17.4%;margin-right:17.08%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.15pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">INFORMATION <font style="letter-spacing:-0.05pt;">REQUIRED</font><font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">IN</font><font style="letter-spacing:-0.25pt;"> </font>THE<font style="letter-spacing:-0.1pt;"> REGISTRATION</font> <font style="letter-spacing:-0.2pt;">STA</font><font style="letter-spacing:-0.25pt;">TEMENT</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-weight:bold;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 3.<font style="margin-left:76pt;"></font>Incorporation<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>Documents<font style="letter-spacing:-0.15pt;"> </font>by<font style="letter-spacing:-0.1pt;"> </font>Reference.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.15%;text-indent:6.91%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.4pt;"> </font>following<font style="letter-spacing:-0.3pt;"> </font>additional<font style="letter-spacing:-0.4pt;"> </font>documents<font style="letter-spacing:-0.3pt;"> </font>filed<font style="letter-spacing:-0.35pt;"> </font>by<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.4pt;"> </font>Registrant<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.35pt;"> </font>and<font style="letter-spacing:-0.35pt;"> </font>Exchange<font style="letter-spacing:-0.4pt;"> </font>Commission<font style="letter-spacing:1.15pt;"> </font>(the<font style="letter-spacing:-0.35pt;"> </font>&#8220;SEC&#8221;)<font style="letter-spacing:-0.35pt;"> </font>are<font style="letter-spacing:-0.4pt;"> </font>incorporated<font style="letter-spacing:-0.35pt;"> </font>by<font style="letter-spacing:-0.3pt;"> </font>reference<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>this<font style="letter-spacing:-0.35pt;"> </font>Registration<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">Statement:</font></p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a)</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">The<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.05pt;">Annual</font><font style="letter-spacing:-0.2pt;"> </font>Report<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019004862/pch-10k_20181231.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Form</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">10-K</font></a><font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>year<font style="letter-spacing:-0.2pt;"> </font>ended<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.2pt;"> </font>31,<font style="letter-spacing:-0.2pt;"> </font>2018<font style="letter-spacing:-0.15pt;"> </font>filed<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:1.55pt;"> </font><font style="letter-spacing:-0.05pt;">SEC</font><font style="letter-spacing:-0.15pt;"> </font>on<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">February</font><font style="letter-spacing:-0.1pt;"> </font>27,<font style="letter-spacing:-0.15pt;"> </font>2019;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(b)</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">The<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Quarterly</font><font style="letter-spacing:-0.2pt;"> </font>Reports<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019014711/pch-10q_20190331.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Form</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">10-Q</font></a><font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>quarter<font style="letter-spacing:-0.2pt;"> </font>ended<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">March</font><font style="letter-spacing:-0.2pt;"> </font>31,<font style="letter-spacing:-0.2pt;"> </font>2019<font style="letter-spacing:-0.2pt;"> </font>filed<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:1.4pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">SEC</font><font style="letter-spacing:-0.15pt;"> </font>on<font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">May 1,</font><font style="letter-spacing:-0.2pt;"> </font>2019;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
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<p style="margin-top:0pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-top:0pt;margin-bottom:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(c)</font></p></td>
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<p style="margin-top:0pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">The<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.25pt;"> </font>Current<font style="letter-spacing:-0.15pt;"> </font>Reports<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Form</font><font style="letter-spacing:-0.15pt;"> </font>8-K,<font style="letter-spacing:-0.25pt;"> </font>filed<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">SEC</font><font style="letter-spacing:-0.15pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font>each<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002025/pch-8k_20190205.htm"><font style="letter-spacing:-0.15pt;text-decoration:underline;">February 5, 2019</font></a><font style="letter-spacing:-0.15pt;">, </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002025/pch-8k_20190205.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002782/pch-8k_20190212.htm"><font style="letter-spacing:-0.15pt;text-decoration:underline;">February 13, 2019</font></a><font style="letter-spacing:-0.15pt;">, </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002025/pch-8k_20190205.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002782/pch-8k_20190212.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019003621/pch-8k_20190220.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">February</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">21,</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">2019</font></a>, <a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002025/pch-8k_20190205.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002782/pch-8k_20190212.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019003621/pch-8k_20190220.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019016650/pch-8k_20190506.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">May</font><font style="letter-spacing:-0.1pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">8,</font><font style="letter-spacing:-0.05pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">2019</font></a>,<font style="letter-spacing:-0.05pt;"> </font>and<font style="letter-spacing:-0.1pt;"> </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002025/pch-8k_20190205.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019002782/pch-8k_20190212.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019003621/pch-8k_20190220.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019016650/pch-8k_20190506.htm"><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019018400/pch-8k_20190509.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">May </font><font style="text-decoration:underline;">10,</font><font style="letter-spacing:-0.05pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">2019</font></a>;<font style="letter-spacing:2.65pt;"> </font>and</p></td></tr></table></div>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(d)</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">The<font style="letter-spacing:-0.4pt;"> </font>description<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.35pt;"> </font>Common<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">Stock</font><font style="letter-spacing:-0.35pt;"> </font>contained<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.4pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.4pt;"> </font>Registration<font style="letter-spacing:2.35pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.25pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000119312506009115/d8a12b.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Form</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">8-A</font></a><font style="letter-spacing:-0.8pt;"> </font>filed<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">SEC</font><font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">January</font><font style="letter-spacing:-0.25pt;"> </font>20,<font style="letter-spacing:-0.2pt;"> </font>2006,<font style="letter-spacing:-0.2pt;"> </font>including<font style="letter-spacing:-0.25pt;"> </font>any<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">subsequent</font><font style="letter-spacing:1.25pt;"> </font>amendment<font style="letter-spacing:-0.3pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>report<font style="letter-spacing:-0.2pt;"> </font>filed<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>purpose<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>updating<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font>information.</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.15%;text-indent:4.75%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In<font style="letter-spacing:-0.25pt;"> </font>addition,<font style="letter-spacing:-0.3pt;"> </font>all<font style="letter-spacing:-0.3pt;"> </font>documents<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">subsequently</font><font style="letter-spacing:-0.25pt;"> </font>filed<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Sections</font><font style="letter-spacing:-0.25pt;"> </font>13(a),<font style="letter-spacing:-0.25pt;"> </font>13(c),<font style="letter-spacing:-0.25pt;"> </font>14<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>15(d)<font style="letter-spacing:1.15pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.2pt;"> </font>Exchange<font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>1934,<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>amended<font style="letter-spacing:-0.25pt;"> </font>(the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">"Exchange</font><font style="letter-spacing:-0.75pt;"> </font><font style="letter-spacing:-0.05pt;">Act")</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>deemed<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>incorporated<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:1.3pt;"> </font>reference<font style="letter-spacing:-0.2pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>Registration<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:-0.2pt;"> </font>part<font style="letter-spacing:-0.2pt;"> </font>hereof<font style="letter-spacing:-0.2pt;"> </font>from<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>date<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>filing<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font>documents<font style="letter-spacing:-0.2pt;"> </font>until<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">post-effective</font><font style="letter-spacing:-0.35pt;"> </font>amendment<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>this<font style="letter-spacing:-0.4pt;"> </font>Registration<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.3pt;"> </font>is<font style="letter-spacing:-0.4pt;"> </font>filed<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">which</font><font style="letter-spacing:-0.3pt;"> </font>indicates<font style="letter-spacing:-0.35pt;"> </font>that<font style="letter-spacing:-0.4pt;"> </font>all<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">offered</font><font style="letter-spacing:-0.35pt;"> </font>hereby<font style="letter-spacing:1.45pt;"> </font>have<font style="letter-spacing:-0.3pt;"> </font>been<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">sold</font><font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">which</font><font style="letter-spacing:-0.3pt;"> </font>deregisters<font style="letter-spacing:-0.3pt;"> </font>all<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.3pt;"> </font>then<font style="letter-spacing:-0.3pt;"> </font>remaining<font style="letter-spacing:-0.3pt;"> </font>unsold.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 4.<font style="margin-left:76pt;"></font>Description<font style="letter-spacing:-0.55pt;"> </font>of<font style="letter-spacing:-0.5pt;"> </font>Securities.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.87%;text-indent:0%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Not<font style="letter-spacing:-0.5pt;"> </font>applicable.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 5.<font style="margin-left:76pt;"></font>Interests of Named Experts and Counsel.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.87%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.25pt;"> </font>legality<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">offered</font><font style="letter-spacing:-0.15pt;"> </font>hereby<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">will</font><font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.15pt;"> </font>passed<font style="letter-spacing:-0.15pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.2pt;"> </font>Registrant<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>Lorrie<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">Scott,</font><font style="letter-spacing:-0.2pt;"> </font>Esq.</p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:0.96%;margin-right:1.15%;text-indent:0%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ms.<font style="letter-spacing:-0.2pt;"> </font>Scott<font style="letter-spacing:-0.2pt;"> </font>is<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.2pt;">V</font><font style="letter-spacing:-0.25pt;">ice </font>President,<font style="letter-spacing:-0.15pt;"> </font>General<font style="letter-spacing:-0.2pt;"> </font>Counsel<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.2pt;"> </font>Corporate<font style="letter-spacing:-0.2pt;"> </font>Secretary<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.2pt;"> </font>at<font style="letter-spacing:-0.2pt;"> </font>May<font style="letter-spacing:-0.15pt;"> </font>10,<font style="letter-spacing:-0.2pt;"> </font>2019<font style="letter-spacing:-0.2pt;"> </font>owned<font style="letter-spacing:1.45pt;"> </font>32,095<font style="letter-spacing:-0.25pt;"> </font>shares<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.25pt;"> </font>Common<font style="letter-spacing:-0.25pt;"> </font>Stock.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 6.<font style="margin-left:76pt;"></font>Indemnification<font style="letter-spacing:-0.4pt;"> </font>of<font style="letter-spacing:-0.4pt;"> </font>Directors<font style="letter-spacing:-0.45pt;"> </font>and<font style="letter-spacing:-0.4pt;"> </font>Officers.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:2.11%;text-indent:6.91%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Section<font style="letter-spacing:-0.3pt;"> </font>145<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>Delaware<font style="letter-spacing:-0.25pt;"> </font>General<font style="letter-spacing:-0.3pt;"> </font>Corporation<font style="letter-spacing:-0.25pt;"> </font>Law<font style="letter-spacing:-0.35pt;"> </font>provides<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.35pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>corporation<font style="letter-spacing:-0.35pt;"> </font>may<font style="letter-spacing:-0.3pt;"> </font>indemnify<font style="letter-spacing:-0.35pt;"> </font>any<font style="letter-spacing:1.2pt;"> </font>person,<font style="letter-spacing:-0.2pt;"> </font>including<font style="letter-spacing:-0.2pt;"> </font>an<font style="letter-spacing:-0.2pt;"> </font>officer<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.2pt;"> </font>director,<font style="letter-spacing:-0.15pt;"> </font>who<font style="letter-spacing:-0.2pt;"> </font>was<font style="letter-spacing:-0.15pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>is,<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>is<font style="letter-spacing:-0.2pt;"> </font>threatened<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.15pt;"> </font>made,<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.15pt;"> </font>party<font style="letter-spacing:-0.15pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.25pt;"> </font>threatened,<font style="letter-spacing:1.25pt;"> </font>pending<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>completed<font style="letter-spacing:-0.35pt;"> </font>action,<font style="letter-spacing:-0.4pt;"> </font>suit<font style="letter-spacing:-0.3pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>proceeding,<font style="letter-spacing:-0.35pt;"> </font>whether<font style="letter-spacing:-0.3pt;"> </font>civil,<font style="letter-spacing:-0.35pt;"> </font>criminal,<font style="letter-spacing:-0.35pt;"> </font>administrative<font style="letter-spacing:-0.4pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>investigative<font style="letter-spacing:-0.35pt;"> </font>(other<font style="letter-spacing:-0.3pt;"> </font>than<font style="letter-spacing:1.15pt;"> </font>an<font style="letter-spacing:-0.2pt;"> </font>action<font style="letter-spacing:-0.15pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>or<font style="letter-spacing:-0.1pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>right<font style="letter-spacing:-0.1pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>such<font style="letter-spacing:-0.1pt;"> </font>cooperation),<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.1pt;"> </font>reason<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>the<font style="letter-spacing:-0.2pt;"> </font>fact<font style="letter-spacing:-0.1pt;"> </font>that<font style="letter-spacing:-0.15pt;"> </font>such<font style="letter-spacing:-0.15pt;"> </font>person<font style="letter-spacing:-0.1pt;"> </font>is<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.1pt;"> </font>was<font style="letter-spacing:-0.15pt;"> </font>a<font style="letter-spacing:-0.1pt;"> director,</font><font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">officer,</font><font style="letter-spacing:1.45pt;"> </font>employee<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>agent<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>such<font style="letter-spacing:-0.2pt;"> </font>corporation,<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>is<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>was<font style="letter-spacing:-0.2pt;"> </font>serving<font style="letter-spacing:-0.15pt;"> </font>at<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.2pt;"> </font>request<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>such<font style="letter-spacing:-0.15pt;"> </font>corporation<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">director,</font><font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">officer,</font><font style="letter-spacing:1.55pt;"> </font>employee<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>agent<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>another<font style="letter-spacing:-0.3pt;"> </font>corporation,<font style="letter-spacing:-0.35pt;"> </font>partnership,<font style="letter-spacing:-0.3pt;"> </font>joint<font style="letter-spacing:-0.35pt;"> </font>venture,<font style="letter-spacing:-0.25pt;"> </font>trust<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>other<font style="letter-spacing:-0.3pt;"> </font>enterprise.<font style="letter-spacing:-0.55pt;"> </font>The<font style="letter-spacing:-0.35pt;"> </font>indemnity<font style="letter-spacing:-0.35pt;"> </font>may include<font style="letter-spacing:-0.4pt;"> </font>expenses<font style="letter-spacing:-0.4pt;"> </font>(including<font style="letter-spacing:-0.3pt;"> </font>attorneys'<font style="letter-spacing:-0.4pt;"> </font>fees),<font style="letter-spacing:-0.35pt;"> </font>judgments,<font style="letter-spacing:-0.35pt;"> </font>fines<font style="letter-spacing:-0.35pt;"> </font>and<font style="letter-spacing:-0.35pt;"> </font>amounts<font style="letter-spacing:-0.4pt;"> </font>paid<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>settlement<font style="letter-spacing:-0.35pt;"> </font>actually<font style="letter-spacing:-0.4pt;"> </font>and<font style="letter-spacing:1.1pt;"> </font>reasonably<font style="letter-spacing:-0.25pt;"> </font>incurred<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>such<font style="letter-spacing:-0.2pt;"> </font>person<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>connection<font style="letter-spacing:-0.25pt;"> </font>with<font style="letter-spacing:-0.2pt;"> </font>such<font style="letter-spacing:-0.2pt;"> </font>action,<font style="letter-spacing:-0.25pt;"> </font>suit<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>proceeding,<font style="letter-spacing:-0.2pt;"> </font>provided<font style="letter-spacing:-0.2pt;"> </font>such<font style="letter-spacing:-0.2pt;"> </font>person<font style="letter-spacing:-0.25pt;"> </font>acted<font style="letter-spacing:1.3pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>good<font style="letter-spacing:-0.15pt;"> </font>faith<font style="letter-spacing:-0.15pt;"> </font>and<font style="letter-spacing:-0.15pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:-0.1pt;"> </font>manner<font style="letter-spacing:-0.2pt;"> </font>such<font style="letter-spacing:-0.15pt;"> </font>person<font style="letter-spacing:-0.15pt;"> </font>reasonably<font style="letter-spacing:-0.1pt;"> </font>believed<font style="letter-spacing:-0.15pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.1pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>not<font style="letter-spacing:-0.1pt;"> </font>opposed<font style="letter-spacing:-0.15pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.15pt;"> </font>best<font style="letter-spacing:-0.15pt;"> </font>interests<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>such<font style="letter-spacing:1.05pt;"> </font>corporation,<font style="letter-spacing:-0.35pt;"> </font>and,<font style="letter-spacing:-0.3pt;"> </font>with<font style="letter-spacing:-0.25pt;"> </font>respect<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.35pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>criminal<font style="letter-spacing:-0.3pt;"> </font>actions<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>proceedings,<font style="letter-spacing:-0.3pt;"> </font>had<font style="letter-spacing:-0.25pt;"> </font>no<font style="letter-spacing:-0.25pt;"> </font>reasonable<font style="letter-spacing:-0.25pt;"> </font>cause<font style="letter-spacing:-0.35pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>believe<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.3pt;"> </font>his<font style="letter-spacing:1.05pt;"> </font>conduct<font style="letter-spacing:-0.3pt;"> </font>was<font style="letter-spacing:-0.25pt;"> </font>unlawful.<font style="letter-spacing:-0.85pt;"> </font>A<font style="letter-spacing:-0.85pt;"> </font>Delaware<font style="letter-spacing:-0.25pt;"> </font>corporation<font style="letter-spacing:-0.3pt;"> </font>may<font style="letter-spacing:-0.25pt;"> </font>indemnify<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>person,<font style="letter-spacing:-0.25pt;"> </font>including<font style="letter-spacing:-0.3pt;"> </font>an<font style="letter-spacing:-0.3pt;"> </font>officer<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>director,<font style="letter-spacing:-0.25pt;"> </font>who<font style="letter-spacing:1.2pt;"> </font>was<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>is,<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>is<font style="letter-spacing:-0.25pt;"> </font>threatened<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.15pt;"> </font>made,<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:-0.2pt;"> </font>party<font style="letter-spacing:-0.15pt;"> </font>to<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.2pt;"> </font>threatened,<font style="letter-spacing:-0.2pt;"> </font>pending<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>contemplated<font style="letter-spacing:-0.2pt;"> </font>action<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>suit<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>or<font style="letter-spacing:-0.15pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:1.1pt;"> </font>right<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>such<font style="letter-spacing:-0.25pt;"> </font>corporation,<font style="letter-spacing:-0.35pt;"> </font>under<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>same<font style="letter-spacing:-0.25pt;"> </font>conditions,<font style="letter-spacing:-0.35pt;"> </font>except<font style="letter-spacing:-0.3pt;"> </font>that<font style="letter-spacing:-0.35pt;"> </font>no<font style="letter-spacing:-0.25pt;"> </font>indemnification<font style="letter-spacing:-0.35pt;"> </font>is<font style="letter-spacing:-0.3pt;"> </font>permitted<font style="letter-spacing:-0.3pt;"> </font>without<font style="letter-spacing:-0.25pt;"> </font>judicial</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
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<p style="margin-top:2pt;margin-bottom:0pt;margin-left:1.15%;margin-right:1.72%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU4"></a><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">approval</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">if</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.15pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">person</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">is</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">adjudged</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">to</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">be</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">liable</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">to</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">corporation.</font><font style="letter-spacing:-0.45pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Where</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">an</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">officer</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.15pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">director</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of</font><font style="letter-spacing:-0.15pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">a</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">corporation</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">is</font><font style="letter-spacing:1.25pt;"> </font><font style="letter-spacing:-0.05pt;">successful,</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">on</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">merits</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">otherwise,</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">in</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">defense</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">any</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">action,</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">suit</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">proceeding</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">referred</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">to</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">above,</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.2pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">any</font><font style="letter-spacing:1.15pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">claim,</font><font style="letter-spacing:-0.35pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">issue</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">matter</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">herein,</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the</font><font style="letter-spacing:-0.35pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">corporation</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">must</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">indemnify</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">person</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">against</font><font style="letter-spacing:-0.35pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">the</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">expenses</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(including</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">attorneys'</font><font style="letter-spacing:1.05pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">fees)</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">that</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">officer</font><font style="letter-spacing:-0.25pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">or</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">director</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">actually</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">and</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">reasonably</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">incurred</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">in</font><font style="letter-spacing:-0.35pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">connection</font><font style="letter-spacing:-0.3pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">therewith.</font></p>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.11%;margin-right:1.72%;text-indent:4.6%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Article<font style="letter-spacing:-0.35pt;"> </font>Seventh<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.4pt;"> </font>Registrant's<font style="letter-spacing:-0.35pt;"> </font>Third<font style="letter-spacing:-0.35pt;"> </font>Restated<font style="letter-spacing:-0.35pt;"> </font>Certificate<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.35pt;"> </font>Incorporation<font style="letter-spacing:-0.35pt;"> </font>provides<font style="letter-spacing:-0.35pt;"> </font>for<font style="letter-spacing:-0.3pt;"> </font>indemnification<font style="letter-spacing:1.2pt;"> </font>to<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>fullest<font style="letter-spacing:-0.25pt;"> </font>extent<font style="letter-spacing:-0.35pt;"> </font>permitted<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>Delaware<font style="letter-spacing:-0.25pt;"> </font>General<font style="letter-spacing:-0.25pt;"> </font>Corporation<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.25pt;">Law</font><font style="letter-spacing:-0.2pt;">.</font></p>
<p style="margin-top:9pt;margin-bottom:0pt;margin-left:1.15%;margin-right:1.15%;text-indent:4.6%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Section<font style="letter-spacing:-0.3pt;"> </font>102(b)(7)<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Delaware<font style="letter-spacing:-0.3pt;"> </font>General<font style="letter-spacing:-0.25pt;"> </font>Corporation<font style="letter-spacing:-0.25pt;"> </font>Law<font style="letter-spacing:-0.3pt;"> </font>permits<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.3pt;"> </font>corporation<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>provide<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font>certificate<font style="letter-spacing:1.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>incorporation<font style="letter-spacing:-0.3pt;"> </font>that<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>director<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>corporation<font style="letter-spacing:-0.3pt;"> </font>shall<font style="letter-spacing:-0.25pt;"> </font>not<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>personally<font style="letter-spacing:-0.2pt;"> </font>liable<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>corporation<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font>stockholders<font style="letter-spacing:1.05pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>monetary<font style="letter-spacing:-0.25pt;"> </font>damages<font style="letter-spacing:-0.15pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>breach<font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>fiduciary<font style="letter-spacing:-0.2pt;"> </font>duty<font style="letter-spacing:-0.15pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">director,</font><font style="letter-spacing:-0.2pt;"> </font>except<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>liability<font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.15pt;"> </font>(i)<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.2pt;"> </font>breach<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:1.4pt;"> </font>director&#8217;s<font style="letter-spacing:-0.25pt;"> </font>duty<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>loyalty<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>corporation<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>its<font style="letter-spacing:-0.25pt;"> </font>stockholders,<font style="letter-spacing:-0.2pt;"> </font>(ii)<font style="letter-spacing:-0.2pt;"> </font>acts<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>omissions<font style="letter-spacing:-0.2pt;"> </font>not<font style="letter-spacing:-0.2pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>good<font style="letter-spacing:-0.2pt;"> </font>faith<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>involve<font style="letter-spacing:1.3pt;"> </font>intentional<font style="letter-spacing:-0.3pt;"> </font>misconduct<font style="letter-spacing:-0.3pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>knowing<font style="letter-spacing:-0.2pt;"> </font>violation<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> law</font><font style="letter-spacing:-0.2pt;">, </font>(iii)<font style="letter-spacing:-0.25pt;"> </font>payments<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>unlawful<font style="letter-spacing:-0.25pt;"> </font>dividends<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>unlawful <font style="letter-spacing:0.1pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>stock<font style="letter-spacing:-0.3pt;"> </font>repurchases<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>redemptions,<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>(iv)<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>any<font style="letter-spacing:-0.35pt;"> </font>transaction<font style="letter-spacing:-0.3pt;"> </font>from<font style="letter-spacing:-0.25pt;"> </font>which<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>director<font style="letter-spacing:-0.25pt;"> </font>derived<font style="letter-spacing:-0.3pt;"> </font>an<font style="letter-spacing:-0.3pt;"> </font>improper<font style="letter-spacing:-0.3pt;"> </font>personal<font style="letter-spacing:1.15pt;"> </font>benefit.</p>
<p style="margin-top:9pt;margin-bottom:0pt;margin-left:1.15%;margin-right:1.72%;text-indent:4.6%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Article<font style="letter-spacing:-0.35pt;"> </font>Seventh<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.35pt;"> </font>Third<font style="letter-spacing:-0.35pt;"> </font>Restated<font style="letter-spacing:-0.3pt;"> </font>Certificate<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.35pt;"> </font>Incorporation<font style="letter-spacing:-0.3pt;"> </font>provides<font style="letter-spacing:-0.3pt;"> </font>that<font style="letter-spacing:-0.35pt;"> </font>a<font style="letter-spacing:1.55pt;"> </font>director<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>shall<font style="letter-spacing:-0.2pt;"> </font>not<font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>liable<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>its<font style="letter-spacing:-0.25pt;"> </font>stockholders<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>monetary<font style="letter-spacing:-0.3pt;"> </font>damages<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>breach<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:1.15pt;"> </font>fiduciary<font style="letter-spacing:-0.25pt;"> </font>duty<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>director<font style="letter-spacing:-0.2pt;"> </font>except<font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>liability<font style="letter-spacing:-0.3pt;"> </font>which,<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>express<font style="letter-spacing:-0.3pt;"> </font>provision<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Delaware<font style="letter-spacing:-0.25pt;"> law</font><font style="letter-spacing:-0.2pt;">, </font>cannot<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>eliminated.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:2.11%;margin-right:1.72%;text-indent:4.6%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.35pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>also<font style="letter-spacing:-0.3pt;"> </font>maintains<font style="letter-spacing:-0.3pt;"> </font>insurance<font style="letter-spacing:-0.3pt;"> </font>policies,<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>itself<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">subsidiaries,</font><font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.35pt;"> </font>insure<font style="letter-spacing:-0.3pt;"> </font>its,<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>its<font style="letter-spacing:1.1pt;"> </font><font style="letter-spacing:-0.05pt;">subsidiaries&#8217;,</font><font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">officers</font><font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.4pt;"> </font>directors<font style="letter-spacing:-0.3pt;"> </font>against<font style="letter-spacing:-0.35pt;"> </font>certain<font style="letter-spacing:-0.4pt;"> </font>liabilities.<font style="letter-spacing:-0.55pt;"> </font>The<font style="letter-spacing:-0.4pt;"> </font>Registrant<font style="letter-spacing:-0.3pt;"> </font>has<font style="letter-spacing:-0.35pt;"> </font>also<font style="letter-spacing:-0.35pt;"> </font>entered<font style="letter-spacing:-0.35pt;"> </font>into<font style="letter-spacing:-0.35pt;"> </font>agreements<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:1.25pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font>directors<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>certain<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>its<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">officers</font><font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">will</font><font style="letter-spacing:-0.25pt;"> </font>require<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant,<font style="letter-spacing:-0.25pt;"> </font>among<font style="letter-spacing:-0.3pt;"> </font>other<font style="letter-spacing:-0.25pt;"> </font>things,<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>indemnify<font style="letter-spacing:-0.3pt;"> </font>them<font style="letter-spacing:1.2pt;"> </font>against<font style="letter-spacing:-0.25pt;"> </font>certain<font style="letter-spacing:-0.25pt;"> </font>liabilities<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.25pt;"> </font>arise<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>reason<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>their<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">status</font><font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">service</font><font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>directors<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">officers</font><font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>fullest<font style="letter-spacing:1.25pt;"> </font>extent<font style="letter-spacing:-0.3pt;"> </font>permitted<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.25pt;">law</font><font style="letter-spacing:-0.2pt;">.</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:9.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 7.<font style="margin-left:77pt;">Exemption</font><font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.1pt;">from</font><font style="letter-spacing:-0.55pt;"> </font>Registration<font style="letter-spacing:-0.55pt;"> </font>Claimed.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.05%;text-indent:0%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Not<font style="letter-spacing:-0.5pt;"> </font>applicable.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 8.<font style="margin-left:77pt;">Exhibits.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.75pt;"> </font><font style="text-decoration:underline;letter-spacing:-0.05pt;">Number</font><font style="letter-spacing:-0.05pt;margin-left:113pt;"></font><font style="text-decoration:underline;letter-spacing:-0.05pt;">Description</font></p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(5)</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><a href="pch-ex5_6.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Opinion</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Lorrie</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">D.</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Scott</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Esq.,</font><font style="letter-spacing:-0.45pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.2pt;text-decoration:underline;">V</font><font style="letter-spacing:-0.25pt;text-decoration:underline;">ice</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">President,</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">General</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Counsel</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">and</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Corporate</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Secretary</font><font style="letter-spacing:1.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Registrant</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">regarding</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">legality</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">securities</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">being</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">registered.</font></a></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23)(a)<font style="margin-left:113pt;"></font><a href="pch-ex23a_7.htm"><font style="text-decoration:underline;">Consent</font><font style="letter-spacing:-0.45pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.4pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Independent</font><font style="letter-spacing:-0.45pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Registered</font><font style="letter-spacing:-0.4pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Public</font><font style="letter-spacing:-0.95pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Accounting</font><font style="letter-spacing:-0.45pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Firm.</font></a></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23)(b)<font style="margin-left:113pt;">Consent</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Lorrie<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Scott,</font><font style="letter-spacing:-0.2pt;"> </font>Esq.<font style="letter-spacing:-0.2pt;"> </font><a href="pch-ex5_6.htm"><font style="text-decoration:underline;">(included</font><font style="letter-spacing:-0.2pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">in</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Exhibit</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">(5)).</font></a></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(99)(a)*</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-0.45pt;"> </font>Corporation<font style="letter-spacing:-0.4pt;"> </font>2019<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.1pt;">Long-Term</font><font style="letter-spacing:-0.45pt;"> </font>Incentive<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">Plan (incorporated by reference to Appendix A to Registrant&#8217;s </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019010042/pch-def14a_20190401.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Definitive Proxy Statement</font></a><font style="letter-spacing:-0.05pt;"> on Schedule 14A filed with the Securities and Exchange Commission on March 29, 2019).</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(99)(b)*</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">Potlatch Corporation 2014 Long-Term Incentive Plan <font style="letter-spacing:-0.05pt;">(incorporated by reference to Appendix A to Registrant&#8217;s </font><a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019010042/pch-def14a_20190401.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Definitive Proxy Statement</font></a><font style="letter-spacing:-0.05pt;"> on Schedule 14A filed with the Securities and Exchange Commission on April 1, 2014)</font>.</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.1%;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><img src="gmhuvoaqqych000009.jpg" title="" alt="" style="width:235px;height:1px;"></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:6.5pt;">&nbsp;</p>
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<p style="margin-top:3pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-top:3pt;margin-bottom:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</font></p></td>
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<p style="margin-top:3pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">Incorporated<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>reference.</p></td>
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<p style="margin-top:3pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Calibri;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><br /></p>
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<p style="margin-top:3pt;margin-bottom:0pt;margin-left:8.05%;margin-right:3.83%;text-indent:-6.9%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;letter-spacing:-0.05pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">Item 9.<font style="margin-left:77pt;"></font>Undertakings.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0.19%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a)<font style="margin-left:42pt;"></font>The<font style="letter-spacing:-0.55pt;"> </font>undersigned<font style="letter-spacing:-0.5pt;"> </font>Registrant<font style="letter-spacing:-0.5pt;"> </font>hereby<font style="letter-spacing:-0.5pt;"> </font>undertakes:</p>
<p style="margin-top:2pt;margin-bottom:0pt;margin-left:0.96%;margin-right:3.83%;text-indent:6.9%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1)<font style="margin-left:56pt;"></font><font style="letter-spacing:-0.45pt;">T</font><font style="letter-spacing:-0.4pt;">o</font><font style="letter-spacing:-0.25pt;"> </font>file,<font style="letter-spacing:-0.2pt;"> </font>during<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.25pt;"> </font>period<font style="letter-spacing:-0.2pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">which</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">offers</font><font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">sales</font><font style="letter-spacing:-0.2pt;"> </font>are<font style="letter-spacing:-0.25pt;"> </font>being<font style="letter-spacing:-0.25pt;"> </font>made,<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">post-effective</font><font style="letter-spacing:-0.2pt;"> </font>amendment<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:1.25pt;"> </font>Registration<font style="letter-spacing:-1.05pt;"> </font><font style="letter-spacing:-0.05pt;">Statement:</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.85%;text-indent:7.42%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(i)<font style="margin-left:92pt;"></font>to<font style="letter-spacing:-0.35pt;"> </font>include<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>prospectus<font style="letter-spacing:-0.3pt;"> </font>required<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.3pt;"> </font>10(a)(3)<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.85pt;"> </font><font style="letter-spacing:-0.05pt;">Act,</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:11.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.85%;margin-right:1.72%;text-indent:6.9%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(ii)<font style="margin-left:93pt;"></font>to<font style="letter-spacing:-0.3pt;"> </font>reflect<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>prospectus<font style="letter-spacing:-0.25pt;"> </font>any<font style="letter-spacing:-0.25pt;"> </font>facts<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>events<font style="letter-spacing:-0.25pt;"> </font>arising<font style="letter-spacing:-0.3pt;"> </font>after<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">effective</font><font style="letter-spacing:-0.25pt;"> </font>date<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>Registration<font style="letter-spacing:1.2pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.35pt;"> </font>(or<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>most<font style="letter-spacing:-0.35pt;"> </font>recent<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">post-effective</font><font style="letter-spacing:-0.3pt;"> </font>amendment<font style="letter-spacing:-0.35pt;"> </font>thereof)<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">which,</font><font style="letter-spacing:-0.3pt;"> </font>individually<font style="letter-spacing:-0.35pt;"> </font>or<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>aggregate,<font style="letter-spacing:1.15pt;"> </font>represent<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.3pt;"> </font>fundamental<font style="letter-spacing:-0.3pt;"> </font>change<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.35pt;"> </font>information<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">set</font><font style="letter-spacing:-0.3pt;"> </font>forth<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>this<font style="letter-spacing:-0.35pt;"> </font>Registration<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Statement,</font><font style="letter-spacing:-0.25pt;"> </font>and</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.85%;margin-right:5.36%;text-indent:6.9%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(iii)<font style="margin-left:96pt;"></font>to<font style="letter-spacing:-0.35pt;"> </font>include<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>material<font style="letter-spacing:-0.35pt;"> </font>information<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>respect<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>plan<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>distribution<font style="letter-spacing:-0.3pt;"> </font>not<font style="letter-spacing:-0.25pt;"> </font>previously<font style="letter-spacing:1.05pt;"> </font>disclosed<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.35pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>Registration<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>material<font style="letter-spacing:-0.35pt;"> </font>change<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.25pt;"> </font>information<font style="letter-spacing:-0.35pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>Registration<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">Statement;</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.15%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">provided,<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.1pt;">however,</font><font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>clauses<font style="letter-spacing:-0.25pt;"> </font>(1)(i)<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>(1)(ii)<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.2pt;"> </font>not<font style="letter-spacing:-0.2pt;"> </font>apply<font style="letter-spacing:-0.25pt;"> </font>if<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>information<font style="letter-spacing:-0.25pt;"> </font>required<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>included<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.15pt;"> </font>post-<font style="letter-spacing:1.45pt;"> </font><font style="letter-spacing:-0.05pt;">effective</font><font style="letter-spacing:-0.25pt;"> </font>amendment<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>those<font style="letter-spacing:-0.3pt;"> </font>paragraphs<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.3pt;"> </font>contained<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>periodic<font style="letter-spacing:-0.25pt;"> </font>reports<font style="letter-spacing:-0.25pt;"> </font>filed<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:1.25pt;"> </font>13<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.2pt;"> </font>15(d)<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Exchange<font style="letter-spacing:-0.85pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>are<font style="letter-spacing:-0.3pt;"> </font>incorporated<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>reference<font style="letter-spacing:-0.25pt;"> </font>into<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>Registration<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Statement.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:5.36%;text-indent:6.9%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2)<font style="margin-left:56pt;"></font>That<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>purpose<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>determining<font style="letter-spacing:-0.2pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>liability<font style="letter-spacing:-0.25pt;"> </font>under<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act,</font><font style="letter-spacing:-0.25pt;"> </font>each<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">post-effective</font><font style="letter-spacing:1.25pt;"> </font>amendment<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>deemed<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>new<font style="letter-spacing:-0.25pt;"> </font>registration<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">statement</font><font style="letter-spacing:-0.2pt;"> </font>relating<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">offered</font><font style="letter-spacing:-0.25pt;"> </font>therein,<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:1.25pt;"> </font><font style="letter-spacing:-0.05pt;">offering</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.2pt;"> </font>at<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>time<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>deemed<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>initial<font style="letter-spacing:-0.2pt;"> </font>bona<font style="letter-spacing:-0.2pt;"> </font>fide<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">offering</font><font style="letter-spacing:-0.2pt;"> </font>thereof.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:7.85%;text-indent:6.9%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(3)<font style="margin-left:56pt;"></font><font style="letter-spacing:-0.45pt;">T</font><font style="letter-spacing:-0.4pt;">o</font><font style="letter-spacing:-0.25pt;"> </font>remove<font style="letter-spacing:-0.25pt;"> </font>from<font style="letter-spacing:-0.25pt;"> </font>registration<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>means<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">post-effective</font><font style="letter-spacing:-0.25pt;"> </font>amendment<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.25pt;"> </font>being<font style="letter-spacing:1.05pt;"> </font>registered<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">which</font><font style="letter-spacing:-0.25pt;"> </font>remain<font style="letter-spacing:-0.3pt;"> </font>unsold<font style="letter-spacing:-0.25pt;"> </font>at<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>termination<font style="letter-spacing:-0.35pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">offering.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.72%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(b)<font style="margin-left:20pt;"></font>The<font style="letter-spacing:-0.35pt;"> </font>undersigned<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.3pt;"> </font>hereby<font style="letter-spacing:-0.3pt;"> </font>undertakes,<font style="letter-spacing:-0.25pt;"> </font>that,<font style="letter-spacing:-0.35pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>purposes<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>determining<font style="letter-spacing:-0.3pt;"> </font>any<font style="letter-spacing:-0.3pt;"> </font>liability<font style="letter-spacing:-0.3pt;"> </font>under<font style="letter-spacing:-0.3pt;"> </font>the&nbsp;&nbsp;<font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act,</font><font style="letter-spacing:-0.2pt;"> </font>each<font style="letter-spacing:-0.3pt;"> </font>filing<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.1pt;">Registrant&#8217;s</font><font style="letter-spacing:-0.3pt;"> </font>annual<font style="letter-spacing:-0.25pt;"> </font>report<font style="letter-spacing:-0.2pt;"> </font>pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.25pt;"> </font>13(a)<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.2pt;"> </font>15(d)<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:1.55pt;"> </font>Exchange<font style="letter-spacing:-0.9pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.25pt;"> </font>(and,<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">where</font><font style="letter-spacing:-0.25pt;"> </font>applicable,<font style="letter-spacing:-0.35pt;"> </font>each<font style="letter-spacing:-0.3pt;"> </font>filing<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>an<font style="letter-spacing:-0.3pt;"> </font>employee<font style="letter-spacing:-0.3pt;"> </font>benefit<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.15pt;">plan&#8217;s</font><font style="letter-spacing:-0.3pt;"> </font>annual<font style="letter-spacing:-0.35pt;"> </font>report<font style="letter-spacing:-0.25pt;"> </font>pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.25pt;"> </font>15</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.72%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(d)<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Exchange<font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.2pt;"> </font>)<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.25pt;"> </font>incorporated<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>reference<font style="letter-spacing:-0.2pt;"> </font>into<font style="letter-spacing:-0.3pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>Registration<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>deemed<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>a<font style="letter-spacing:1.2pt;"> </font>new<font style="letter-spacing:-0.25pt;"> </font>registration<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">statement</font><font style="letter-spacing:-0.2pt;"> </font>relating<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">offered</font><font style="letter-spacing:-0.25pt;"> </font>therein,<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">offering</font><font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.25pt;"> </font>at<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.3pt;"> </font>time<font style="letter-spacing:1.5pt;"> </font><font style="letter-spacing:-0.05pt;">shall</font><font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>deemed<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>initial<font style="letter-spacing:-0.25pt;"> </font>bona<font style="letter-spacing:-0.25pt;"> </font>fide<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">offering</font><font style="letter-spacing:-0.25pt;"> </font>thereof.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:1.72%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(c)<font style="letter-spacing:2.25pt;"> </font>Insofar<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>indemnification<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>liabilities<font style="letter-spacing:-0.3pt;"> </font>arising<font style="letter-spacing:-0.25pt;"> </font>under<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.3pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>permitted<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>directors,<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">officers</font><font style="letter-spacing:1.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>controlling<font style="letter-spacing:-0.3pt;"> </font>persons<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>foregoing<font style="letter-spacing:-0.25pt;"> </font>provisions,<font style="letter-spacing:-0.25pt;"> </font>or<font style="letter-spacing:-0.25pt;"> </font>otherwise,<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>has<font style="letter-spacing:-0.25pt;"> </font>been advised<font style="letter-spacing:-0.3pt;"> </font>that<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>opinion<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">SEC</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.25pt;"> </font>indemnification<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.3pt;"> </font>against<font style="letter-spacing:-0.25pt;"> </font>public<font style="letter-spacing:-0.25pt;"> </font>policy<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>expressed<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:1.1pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>is,<font style="letter-spacing:-0.3pt;"> </font>therefore,<font style="letter-spacing:-0.3pt;"> </font>unenforceable.<font style="letter-spacing:-0.25pt;"> </font>In<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>event<font style="letter-spacing:-0.3pt;"> </font>that<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>claim<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>indemnification<font style="letter-spacing:-0.3pt;"> </font>against<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.25pt;"> </font>liabilities<font style="letter-spacing:-0.3pt;"> </font>(other<font style="letter-spacing:-0.25pt;"> </font>than<font style="letter-spacing:1.1pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>payment<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>expenses<font style="letter-spacing:-0.25pt;"> </font>incurred<font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>paid<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.15pt;"> </font>a<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.1pt;">director,</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">officer</font><font style="letter-spacing:-0.15pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>controlling<font style="letter-spacing:-0.2pt;"> </font>person<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:1.15pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">successful</font><font style="letter-spacing:-0.2pt;"> </font>defense<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>any<font style="letter-spacing:-0.25pt;"> </font>action,<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">suit</font><font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:-0.2pt;"> </font>proceeding)<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.25pt;"> </font>asserted<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.1pt;">director,</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">officer</font><font style="letter-spacing:-0.2pt;"> </font>or<font style="letter-spacing:1.35pt;"> </font>controlling<font style="letter-spacing:-0.3pt;"> </font>person<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>connection<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">securities</font><font style="letter-spacing:-0.25pt;"> </font>being<font style="letter-spacing:-0.25pt;"> </font>registered,<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>Registrant<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">will,</font><font style="letter-spacing:-0.2pt;"> </font>unless<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>opinion<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>its<font style="letter-spacing:1.2pt;"> </font>counsel<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>matter<font style="letter-spacing:-0.3pt;"> </font>has<font style="letter-spacing:-0.25pt;"> </font>been<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">settled</font><font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>controlling<font style="letter-spacing:-0.3pt;"> </font>precedent,<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">submit</font><font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>a<font style="letter-spacing:-0.25pt;"> </font>court<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>appropriate<font style="letter-spacing:-0.3pt;"> </font>jurisdiction<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:1.15pt;"> </font>question<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">whether</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.2pt;"> </font>indemnification<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>it<font style="letter-spacing:-0.2pt;"> </font>is<font style="letter-spacing:-0.3pt;"> </font>against<font style="letter-spacing:-0.25pt;"> </font>public<font style="letter-spacing:-0.25pt;"> </font>policy<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>expressed<font style="letter-spacing:-0.3pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.85pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">will</font><font style="letter-spacing:-0.2pt;"> </font>be<font style="letter-spacing:1.3pt;"> </font>governed<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>final<font style="letter-spacing:-0.15pt;"> </font>adjudication<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.15pt;"> </font>issue.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:center;margin-top:2pt;margin-bottom:0pt;margin-left:1.32%;text-indent:0%;letter-spacing:-0.15pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;"><a name="Signatures"></a><a name="_AEIOULastRenderedPageBreakAEIOU5"></a><font style="letter-spacing:-0.15pt;font-weight:bold;font-family:Times New Roman;font-size:11pt;font-style:normal;text-transform:none;font-variant: normal;">SIGNATURES</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:10.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;margin-right:0.96%;text-indent:6.9%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pursuant<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>requirements<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Securities<font style="letter-spacing:-0.8pt;"> </font>Act,<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Registrant<font style="letter-spacing:-0.2pt;"> </font>certifies<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>it<font style="letter-spacing:-0.2pt;"> </font>has<font style="letter-spacing:-0.25pt;"> </font>reasonable<font style="letter-spacing:-0.2pt;"> </font>grounds<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:1.2pt;"> </font>believe<font style="letter-spacing:-0.25pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>it<font style="letter-spacing:-0.2pt;"> </font>meets<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>requirements<font style="letter-spacing:-0.2pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>filing<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font>Form<font style="letter-spacing:-0.25pt;"> </font>S-8<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>has<font style="letter-spacing:-0.2pt;"> </font>duly<font style="letter-spacing:-0.2pt;"> </font>caused<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>Registration<font style="letter-spacing:-0.2pt;"> </font>Statement<font style="letter-spacing:1.1pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>signed<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font>its<font style="letter-spacing:-0.25pt;"> </font>behalf<font style="letter-spacing:-0.2pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>undersigned,<font style="letter-spacing:-0.2pt;"> </font>thereunto<font style="letter-spacing:-0.3pt;"> </font>duly<font style="letter-spacing:-0.2pt;"> </font>authorized,<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>City<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Spokane,<font style="letter-spacing:-0.2pt;"> </font>State<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:1.2pt;"> </font><font style="letter-spacing:-0.1pt;">Washington</font><font style="letter-spacing:-0.35pt;"> </font>on<font style="letter-spacing:-0.25pt;"> </font>May 13, 2019.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:42.34%;text-indent:0%;letter-spacing:-0.05pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">POTLATCHDELTIC CORPOR<font style="letter-spacing:-1.25pt;">A</font>TION</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By:</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="text-decoration:underline;">/s/</font><font style="text-decoration:underline;letter-spacing:-0.3pt;"> </font><font style="text-decoration:underline;letter-spacing:-0.05pt;">Michael</font><font style="text-decoration:underline;letter-spacing:-0.25pt;"> </font><font style="text-decoration:underline;letter-spacing:-0.05pt;">J.</font><font style="text-decoration:underline;letter-spacing:-0.3pt;"> </font><font style="text-decoration:underline;">Covey</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"> <font style="letter-spacing:1.05pt;"> </font><font style="font-weight:bold;">Michael</font><font style="font-weight:bold;letter-spacing:-0.25pt;"> </font><font style="font-weight:bold;">J.</font><font style="font-weight:bold;letter-spacing:-0.2pt;"> </font><font style="font-weight:bold;letter-spacing:-0.15pt;">Covey,</font><font style="font-weight:bold;letter-spacing:1.1pt;"> </font><font style="font-weight:bold;letter-spacing:-0.05pt;">Chairman</font><font style="font-weight:bold;letter-spacing:-0.1pt;"> </font><font style="font-weight:bold;">of</font><font style="font-weight:bold;letter-spacing:-0.05pt;"> </font><font style="font-weight:bold;">the</font><font style="font-weight:bold;letter-spacing:-0.1pt;"> </font><font style="font-weight:bold;">Board</font><font style="font-weight:bold;letter-spacing:-0.05pt;"> </font><font style="font-weight:bold;">and</font><font style="font-weight:bold;letter-spacing:1.1pt;"> </font><font style="font-weight:bold;letter-spacing:-0.05pt;">Chief</font><font style="font-weight:bold;letter-spacing:-0.4pt;"> </font><font style="font-weight:bold;">Executive</font><font style="font-weight:bold;letter-spacing:-0.4pt;"> </font><font style="font-weight:bold;">Officer</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:13pt;">&nbsp;</p>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director, Chairman of the Board and Chief Executive Officer</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Michael J. Covey</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Principal Executive Officer)</p></td>
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<tr style="height:16.55pt;">
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director, President and Chief Operating Officer</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Eric J. Cremers</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Vice President and Chief Financial Officer</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Jerald W. Richards</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Controller (Principal Accounting Officer)</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Wayne Wasechek</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Linda M. Breard</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">William L. Driscoll</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:4pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Christoph Keller, III</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">D. Mark Leland</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Charles P. Grenier</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">John S. Moody</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lawrence S. Peiros</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">R. Hunter Pierson</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr></table></div>
<hr style="page-break-after:always;width:100%;">
<div>
<table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:100.26%;">
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Gregory L. Quesnel</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-bottom:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*</p></td>
<td valign="top"  style="width:0.78%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Director</p></td>
</tr>
<tr style="height:16.55pt;">
<td valign="bottom"  style="width:0.46%; border-top:solid 0.75pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="padding-left:0pt;width:39.06%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lenore M. Sullivan</p></td>
<td valign="top"  style="width:0.78%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
<td valign="bottom"  style="width:59.7%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr style="height:14.4pt;">
<td valign="top"  style="width:60%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="top"  style="width:2%; border-bottom:solid 0.75pt transparent;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">*By</p></td>
<td valign="top"  style="width:1%; border-bottom:solid 0.75pt transparent;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:37%; border-bottom:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/&#160;&#160;&#160;LORRIE D. SCOTT</p></td>
</tr>
<tr style="height:14.4pt;">
<td valign="top"  style="width:60%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="top"  style="width:2%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="top"  style="width:1%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:37%; border-top:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lorrie D. Scott</p></td>
</tr>
<tr style="height:14.4pt;">
<td valign="top"  style="width:60%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="top"  style="width:2%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="top"  style="width:1%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;">&nbsp;</p></td>
<td valign="bottom"  style="width:37%;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Attorney-in-fact)</p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="line-height:12pt;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:center;margin-top:2pt;margin-bottom:0pt;margin-left:19.23%;margin-right:18.64%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="Exhibits"></a><a name="_AEIOULastRenderedPageBreakAEIOU6"></a><font style="font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">INDEX</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-left:1.36%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.8pt;"> </font><font style="text-decoration:underline;letter-spacing:-0.05pt;">Number</font><font style="letter-spacing:-0.05pt;margin-left:149pt;"></font><font style="text-decoration:underline;letter-spacing:-0.05pt;">Description</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10.5pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:1.36%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
<td valign="top" style="width:24.55%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(5)</font></p></td>
<td valign="top">
<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;"><a href="pch-ex5_6.htm"><font style="letter-spacing:-0.05pt;text-decoration:underline;">Opinion</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Lorrie</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">D.</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Scott,</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Esq.,</font><font style="letter-spacing:-0.5pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.2pt;text-decoration:underline;">V</font><font style="letter-spacing:-0.25pt;text-decoration:underline;">ice</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">President,</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">General</font><font style="letter-spacing:-0.25pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Counsel</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">and</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Corporate</font><font style="letter-spacing:1.35pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">Secretary</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">Registrant</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">regarding</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">legality</font><font style="letter-spacing:-0.35pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">of</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">the</font><font style="letter-spacing:-0.4pt;text-decoration:underline;"> </font><font style="letter-spacing:-0.05pt;text-decoration:underline;">securities</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">being</font><font style="letter-spacing:-0.3pt;text-decoration:underline;"> </font><font style="text-decoration:underline;">registered.</font></a></p></td>
<td valign="top" style="width:2.73%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.31%;margin-right:3.86%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23)(a)<font style="margin-left:113pt;"></font><a href="pch-ex23a_7.htm"><font style="text-decoration:underline;">Consent of Independent Registered Public Accounting Firm.</font></a> </p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.31%;margin-right:3.86%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.31%;margin-right:3.86%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(23)(b)<font style="margin-left:113pt;"></font>Consent of Lorrie D. Scott, Esq. <a href="pch-ex5_6.htm"><font style="text-decoration:underline;">(included in Exhibit (5)).</font></a></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:25.9%;text-indent:-24.53%;font-size:12pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:1.36%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Calibri;font-size:12pt;">&nbsp;</p></td>
<td valign="top" style="width:24.53%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Calibri;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Calibri;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(99)(a)</font></p></td>
<td valign="top">
<p style="margin-bottom:0pt;margin-top:0pt;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Calibri;font-size:12pt;">PotlatchDeltic Corporation 2019 Long-Term Incentive Plan (incorporated by reference to Appendix A to Registrant&#8217;s <a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019010042/pch-def14a_20190401.htm"><font style="text-decoration:underline;">Definitive Proxy Statement</font></a> on Schedule 14A filed with the Securities and Exchange Commission on March 29, 2019).</p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.36%;text-indent:0%;font-size:12pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:1.36%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Calibri;font-size:12pt;">&nbsp;</p></td>
<td valign="top" style="width:24.53%;white-space:nowrap">
<p style="margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Calibri;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Calibri;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(99)(b)</font></p></td>
<td valign="top">
<p style="margin-bottom:0pt;margin-top:0pt;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Calibri;font-size:12pt;">Potlatch Corporation 2014 Long-Term Incentive Plan (incorporated by reference to Appendix A to Registrant&#8217;s <a href="http://www.sec.gov/Archives/edgar/data/1338749/000156459019010042/pch-def14a_20190401.htm"><font style="text-decoration:underline;">Definitive Proxy Statement</font></a> on Schedule 14A filed with the Securities and Exchange Commission on April 1, 2014).</p></td></tr></table></div>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;"><br /></font></p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-top:3pt;margin-bottom:0pt;margin-left:98.18%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="_Hlk8633792"></a><a name="_AEIOULastRenderedPageBreakAEIOU7"></a><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.4pt;"> </font><font style="text-decoration:underline;">(5)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="text-align:center;margin-top:3pt;margin-bottom:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">[Letterhead<font style="letter-spacing:-0.55pt;"> </font>of<font style="letter-spacing:-0.5pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-0.55pt;"> </font>Corporation]</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> May 13, 2019</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">PotlatchDeltic Corporation</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">601 West First Avenue</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suite 1600</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:20.23%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Spokane, WA 99201</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:7.73%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Re:<font style="margin-left:40pt;"></font>Post-Effective Amendments to Registration Statements<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Form</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">S-8</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">Shares</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Common<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Stock,</font><font style="letter-spacing:-0.2pt;"> </font>par<font style="letter-spacing:-0.15pt;"> </font>value<font style="letter-spacing:-0.2pt;"> </font>$1.00<font style="letter-spacing:-0.2pt;"> </font>per<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">share,</font><font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:1.25pt;"> </font>Corporation</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ladies<font style="letter-spacing:-0.6pt;"> </font>and<font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">Gentlemen:</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.27%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I have acted as counsel to you in connection with the preparation of Post-Effective Amendment No. 1 to Registration<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.25pt;"> No. 333-195960 and Post-Effective Amendment No. 1 to Registration Statement No. 333-231378 (together, the &#8220;Post-Effective Amendments&#8221;) under the </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>1933,<font style="letter-spacing:2.7pt;"> </font>as<font style="letter-spacing:-0.2pt;"> </font>amended<font style="letter-spacing:-0.2pt;"> </font>(the<font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">"Act")</font><font style="letter-spacing:-0.15pt;"> which you are filing with the Securities and Exchange Comission (the &#8220;Commission&#8221;)</font> with respect to the Prior Plan Shares (as defined below) authorized for issuance under the 2019 Plan (as defined below).</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.27%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.27%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On May 6, 2019 (the &#8220;Effective Date&#8221;), the shareholders of PotlatchDeltic Corporation (the &#8220;Company&#8221;) approved the PotlatchDeltic Corporation 2019 Long-Term Incentive Plan (the &#8220;2019 Plan&#8221;).&nbsp;&nbsp;The total number of shares of common stock of PotlatchDeltic Corporation, par value $1.00 per share, authorized for issuance under the 2019 Plan includes, in addition to 1,200,000 new shares (registered concurrently on a new registration statement on Form S-8), (i) the number of shares available for future awards under the PotlatchDeltic Corporation 2014 Long-Term Incentive Plan and prior plans (the &#8220;Prior Plans&#8221;) as of the Effective Date and (ii) the number of undelivered shares subject to outstanding awards under the Prior Plans that will become available for future awards as provided for under the 2019 Plan (the shares described in (i) and (ii), the &#8220;Prior Plan Shares&#8221;).</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I<font style="letter-spacing:-0.3pt;"> </font>have<font style="letter-spacing:-0.25pt;"> </font>examined<font style="letter-spacing:-0.35pt;"> </font>the Post-Effective Amendments,<font style="letter-spacing:-0.3pt;"> </font>the 2019<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.3pt;"> </font>documents<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:1.25pt;"> </font>records<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>other<font style="letter-spacing:-0.25pt;"> </font>documents<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>have<font style="letter-spacing:-0.2pt;"> </font>deemed<font style="letter-spacing:-0.2pt;"> </font>necessary<font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>purpose<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>opinion. In<font style="letter-spacing:-0.25pt;"> </font>giving<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>opinion,<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>am<font style="letter-spacing:-0.25pt;"> </font>assuming<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>authenticity<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:-0.25pt;"> </font>instruments<font style="letter-spacing:-0.3pt;"> </font>presented<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>me<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>originals,<font style="letter-spacing:-0.25pt;"> </font>the conformity<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>originals<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:-0.3pt;"> </font>instruments<font style="letter-spacing:-0.35pt;"> </font>presented<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>me<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>copies<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>genuineness<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:1.05pt;"> </font><font style="letter-spacing:-0.05pt;">signatures.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Based<font style="letter-spacing:-0.25pt;"> </font>upon<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">subject</font><font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>foregoing,<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>am<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:1.1pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>opinion<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Shares</font><font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>issued<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.2pt;"> </font>pursuant<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>original<font style="letter-spacing:-0.2pt;"> </font>issuance<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">shares,</font><font style="letter-spacing:-0.25pt;"> </font>upon<font style="letter-spacing:-0.2pt;"> </font>due<font style="letter-spacing:-0.2pt;"> </font>execution<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>registration<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>its<font style="letter-spacing:-0.25pt;"> </font>registrar<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Shares,</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>issuance<font style="letter-spacing:-0.25pt;"> </font>thereof<font style="letter-spacing:1.15pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:2.55pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>accordance<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>terms<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>receipt<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>consideration<font style="letter-spacing:-0.25pt;"> </font>therefor<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:1.15pt;"> </font>accordance<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>terms<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan,</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">will</font><font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>validly<font style="letter-spacing:-0.25pt;"> </font>issued,<font style="letter-spacing:-0.3pt;"> </font>fully<font style="letter-spacing:-0.25pt;"> </font>paid<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>nonassessable.</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.27%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I<font style="letter-spacing:-0.25pt;"> </font>hereby<font style="letter-spacing:-0.2pt;"> </font>consent<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>filing<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>opinion<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>Exchange<font style="letter-spacing:-0.3pt;"> </font>Commission<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>an Exhibit to the Post-Effective Amendments<font style="letter-spacing:-0.05pt;">.</font><font style="letter-spacing:2.7pt;"> </font>In<font style="letter-spacing:-0.15pt;"> </font>giving<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.15pt;"> </font>consent,<font style="letter-spacing:-0.2pt;"> </font>I<font style="letter-spacing:-0.15pt;"> </font>do<font style="letter-spacing:-0.15pt;"> </font>not<font style="letter-spacing:-0.15pt;"> </font>admit<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.2pt;"> </font>I<font style="letter-spacing:-0.15pt;"> </font>am<font style="letter-spacing:-0.15pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>category<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>persons<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">whose</font><font style="letter-spacing:-0.25pt;"> </font>consent<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.25pt;"> </font>required<font style="letter-spacing:-0.2pt;"> </font>under<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.2pt;"> </font>7<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.85pt;"> </font><font style="letter-spacing:-0.05pt;">Act.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:13.47%;margin-right:29.55%;text-indent:0%;font-family:Times New Roman;letter-spacing:-0.35pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">V<font style="letter-spacing:-0.4pt;">ery</font><font style="letter-spacing:-0.2pt;"> </font>truly<font style="letter-spacing:-0.15pt;"> </font>yours,</p>
<p style="margin-top:2pt;margin-bottom:0pt;margin-left:32.73%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/<font style="letter-spacing:-0.3pt;"> </font>Lorrie<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Scott</font></p>
<p style="margin-top:2pt;margin-bottom:0pt;margin-left:32.73%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:32.73%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lorrie<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Scott</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:32.73%;text-indent:0%;font-family:Times New Roman;letter-spacing:-0.2pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">V<font style="letter-spacing:-0.25pt;">ice</font><font style="letter-spacing:-0.45pt;"> </font><font style="letter-spacing:-0.05pt;">President,</font><font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">General</font><font style="letter-spacing:-0.35pt;"> </font>Counsel<font style="letter-spacing:-0.4pt;"> </font>&amp;<font style="letter-spacing:-0.35pt;"> </font>Corporate<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">Secretary</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:right;margin-top:2pt;margin-bottom:0pt;margin-right:0.91%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="_Hlk8633852"></a><a name="_AEIOULastRenderedPageBreakAEIOU8"></a><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.4pt;"> </font><font style="text-decoration:underline;">(23)(a)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-left:1.14%;text-indent:23.43%;font-weight:bold;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-style:normal;text-transform:none;font-variant: normal;">Consent<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Independent<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">Registered</font><font style="letter-spacing:-0.25pt;"> </font>Public<font style="letter-spacing:-0.8pt;"> </font>Accounting<font style="letter-spacing:-0.2pt;"> </font>Firm</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:12pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:13.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:34.55%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.4pt;"> </font>Board<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Directors</font><font style="letter-spacing:1pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-1.05pt;"> </font>Corporation:</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.55pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We<font style="letter-spacing:-0.25pt;"> </font>consent<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>use<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>our<font style="letter-spacing:-0.2pt;"> </font>reports<font style="letter-spacing:-0.2pt;"> </font>dated<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">February</font><font style="letter-spacing:-0.2pt;"> </font>27,<font style="letter-spacing:-0.2pt;"> </font>2019,<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>respect<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>consolidated<font style="letter-spacing:-0.25pt;"> </font>balance<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">sheets</font><font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-0.25pt;"> </font>Corporation<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.25pt;"> </font>2018<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>2017,<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>related<font style="letter-spacing:-0.2pt;"> </font>consolidated<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">statements</font><font style="letter-spacing:1.15pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>income,<font style="letter-spacing:-0.3pt;"> </font>comprehensive<font style="letter-spacing:-0.3pt;"> </font>income,<font style="letter-spacing:-0.3pt;"> stockholders&#8217; equity, and </font>cash<font style="letter-spacing:-0.3pt;"> </font>flows,<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>each<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>years<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>three-year<font style="letter-spacing:-0.3pt;"> </font>period<font style="letter-spacing:-0.25pt;"> </font>ended<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.25pt;"> </font>2018,<font style="letter-spacing:-0.3pt;"> and the related notes, </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">effectiveness</font><font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>internal<font style="letter-spacing:-0.3pt;"> </font>control<font style="letter-spacing:-0.35pt;"> </font>over<font style="letter-spacing:-0.25pt;"> </font>financial<font style="letter-spacing:-0.25pt;"> </font>reporting<font style="letter-spacing:-0.3pt;"> </font>as<font style="letter-spacing:1.5pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.3pt;"> </font>2018,<font style="letter-spacing:-0.25pt;"> </font>incorporated<font style="letter-spacing:-0.3pt;"> </font>herein<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>reference.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our report on the consolidated financial statements refers to a change in the method of accounting for revenues for the year ended December 31, 2018 due to the adoption of Accounting Standards Update No. 2014-09, <font style="font-style:italic;">Revenue from Contracts with Customers</font> (Topic 606), effective January 1, 2018.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">KPMG</font><font style="letter-spacing:-0.15pt;"> </font>LLP</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:13.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:55%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Seattle,<font style="letter-spacing:-1.15pt;"> </font><font style="letter-spacing:-0.1pt;">Washington</font><font style="letter-spacing:1.1pt;"> </font>May 13, 2019</p>
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<DOCUMENT>
<TYPE>EX-5
<SEQUENCE>2
<FILENAME>pch-ex5_6.htm
<DESCRIPTION>EX-5 - LDS OPINION LETTER
<TEXT>
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<p style="margin-top:3pt;margin-bottom:0pt;margin-left:92.31%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.4pt;"> </font><font style="text-decoration:underline;">(5)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="text-align:center;margin-top:3pt;margin-bottom:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">[Letterhead<font style="letter-spacing:-0.55pt;"> </font>of<font style="letter-spacing:-0.5pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-0.55pt;"> </font>Corporation]</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;letter-spacing:-0.05pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> May 13, 2019</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">PotlatchDeltic Corporation</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">601 West First Avenue</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Suite 1600</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-right:19.02%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Spokane, WA 99201</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:7.26%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Re:<font style="margin-left:40pt;"></font>Post-Effective Amendments to Registration Statements<font style="letter-spacing:-0.2pt;"> </font>on<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Form</font><font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">S-8</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">Shares</font><font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Common<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Stock,</font><font style="letter-spacing:-0.2pt;"> </font>par<font style="letter-spacing:-0.15pt;"> </font>value<font style="letter-spacing:-0.2pt;"> </font>$1.00<font style="letter-spacing:-0.2pt;"> </font>per<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">share,</font><font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:1.25pt;"> </font>Corporation</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Ladies<font style="letter-spacing:-0.6pt;"> </font>and<font style="letter-spacing:-0.6pt;"> </font><font style="letter-spacing:-0.05pt;">Gentlemen:</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:2.14%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I have acted as counsel to you in connection with the preparation of Post-Effective Amendment No. 1 to Registration<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Statement</font><font style="letter-spacing:-0.25pt;"> No. 333-195960 and Post-Effective Amendment No. 1 to Registration Statement No. 333-231378 (together, the &#8220;Post-Effective Amendments&#8221;) under the </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.8pt;"> </font><font style="letter-spacing:-0.05pt;">Act</font><font style="letter-spacing:-0.15pt;"> </font>of<font style="letter-spacing:-0.1pt;"> </font>1933,<font style="letter-spacing:2.7pt;"> </font>as<font style="letter-spacing:-0.2pt;"> </font>amended<font style="letter-spacing:-0.2pt;"> </font>(the<font style="letter-spacing:-0.1pt;"> </font><font style="letter-spacing:-0.05pt;">"Act")</font><font style="letter-spacing:-0.15pt;"> which you are filing with the Securities and Exchange Comission (the &#8220;Commission&#8221;)</font> with respect to the Prior Plan Shares (as defined below) authorized for issuance under the 2019 Plan (as defined below).</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:2.14%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:2.14%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On May 6, 2019 (the &#8220;Effective Date&#8221;), the shareholders of PotlatchDeltic Corporation (the &#8220;Company&#8221;) approved the PotlatchDeltic Corporation 2019 Long-Term Incentive Plan (the &#8220;2019 Plan&#8221;).&nbsp;&nbsp;The total number of shares of common stock of PotlatchDeltic Corporation, par value $1.00 per share, authorized for issuance under the 2019 Plan includes, in addition to 1,200,000 new shares (registered concurrently on a new registration statement on Form S-8), (i) the number of shares available for future awards under the PotlatchDeltic Corporation 2014 Long-Term Incentive Plan and prior plans (the &#8220;Prior Plans&#8221;) as of the Effective Date and (ii) the number of undelivered shares subject to outstanding awards under the Prior Plans that will become available for future awards as provided for under the 2019 Plan (the shares described in (i) and (ii), the &#8220;Prior Plan Shares&#8221;).</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:1.92%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I<font style="letter-spacing:-0.3pt;"> </font>have<font style="letter-spacing:-0.25pt;"> </font>examined<font style="letter-spacing:-0.35pt;"> </font>the Post-Effective Amendments,<font style="letter-spacing:-0.3pt;"> </font>the 2019<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.3pt;"> </font>documents<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:1.25pt;"> </font>records<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>other<font style="letter-spacing:-0.25pt;"> </font>documents<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>have<font style="letter-spacing:-0.2pt;"> </font>deemed<font style="letter-spacing:-0.2pt;"> </font>necessary<font style="letter-spacing:-0.25pt;"> </font>for<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>purpose<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>opinion. In<font style="letter-spacing:-0.25pt;"> </font>giving<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.3pt;"> </font>opinion,<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>am<font style="letter-spacing:-0.25pt;"> </font>assuming<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>authenticity<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:-0.25pt;"> </font>instruments<font style="letter-spacing:-0.3pt;"> </font>presented<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>me<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>originals,<font style="letter-spacing:-0.25pt;"> </font>the conformity<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>originals<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:-0.3pt;"> </font>instruments<font style="letter-spacing:-0.35pt;"> </font>presented<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.3pt;"> </font>me<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>copies<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.35pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>genuineness<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>all<font style="letter-spacing:1.05pt;"> </font><font style="letter-spacing:-0.05pt;">signatures.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Based<font style="letter-spacing:-0.25pt;"> </font>upon<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">subject</font><font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>foregoing,<font style="letter-spacing:-0.25pt;"> </font>I<font style="letter-spacing:-0.25pt;"> </font>am<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:1.1pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>opinion<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Shares</font><font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.25pt;"> </font>may<font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.2pt;"> </font>issued<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.2pt;"> </font>pursuant<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.25pt;"> </font>original<font style="letter-spacing:-0.2pt;"> </font>issuance<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">shares,</font><font style="letter-spacing:-0.25pt;"> </font>upon<font style="letter-spacing:-0.2pt;"> </font>due<font style="letter-spacing:-0.2pt;"> </font>execution<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:-0.2pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>registration<font style="letter-spacing:-0.25pt;"> </font>by<font style="letter-spacing:-0.2pt;"> </font>its<font style="letter-spacing:-0.25pt;"> </font>registrar<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Shares,</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>issuance<font style="letter-spacing:-0.25pt;"> </font>thereof<font style="letter-spacing:1.15pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>Company<font style="letter-spacing:2.55pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>accordance<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>terms<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan</font><font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>receipt<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>consideration<font style="letter-spacing:-0.25pt;"> </font>therefor<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:1.15pt;"> </font>accordance<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>terms<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> 2019 </font><font style="letter-spacing:-0.05pt;">Plan,</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">will</font><font style="letter-spacing:-0.25pt;"> </font>be<font style="letter-spacing:-0.25pt;"> </font>validly<font style="letter-spacing:-0.25pt;"> </font>issued,<font style="letter-spacing:-0.3pt;"> </font>fully<font style="letter-spacing:-0.25pt;"> </font>paid<font style="letter-spacing:-0.3pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>nonassessable.</p>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:2.14%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:1.07%;margin-right:2.14%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">I<font style="letter-spacing:-0.25pt;"> </font>hereby<font style="letter-spacing:-0.2pt;"> </font>consent<font style="letter-spacing:-0.3pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>filing<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>this<font style="letter-spacing:-0.25pt;"> </font>opinion<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Securities</font><font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.25pt;"> </font>Exchange<font style="letter-spacing:-0.3pt;"> </font>Commission<font style="letter-spacing:-0.2pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>an Exhibit to the Post-Effective Amendments<font style="letter-spacing:-0.05pt;">.</font><font style="letter-spacing:2.7pt;"> </font>In<font style="letter-spacing:-0.15pt;"> </font>giving<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.05pt;">such</font><font style="letter-spacing:-0.15pt;"> </font>consent,<font style="letter-spacing:-0.2pt;"> </font>I<font style="letter-spacing:-0.15pt;"> </font>do<font style="letter-spacing:-0.15pt;"> </font>not<font style="letter-spacing:-0.15pt;"> </font>admit<font style="letter-spacing:-0.2pt;"> </font>that<font style="letter-spacing:-0.2pt;"> </font>I<font style="letter-spacing:-0.15pt;"> </font>am<font style="letter-spacing:-0.15pt;"> </font>in<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>category<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.15pt;"> </font>persons<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">whose</font><font style="letter-spacing:-0.25pt;"> </font>consent<font style="letter-spacing:-0.25pt;"> </font>is<font style="letter-spacing:-0.25pt;"> </font>required<font style="letter-spacing:-0.2pt;"> </font>under<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">Section</font><font style="letter-spacing:-0.2pt;"> </font>7<font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>the<font style="letter-spacing:-0.85pt;"> </font><font style="letter-spacing:-0.05pt;">Act.</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.04%;margin-right:27.78%;text-indent:2.72%;font-family:Times New Roman;letter-spacing:-0.35pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">V<font style="letter-spacing:-0.4pt;">ery</font><font style="letter-spacing:-0.2pt;"> </font>truly<font style="letter-spacing:-0.15pt;"> </font>yours,</p>
<p style="margin-top:2pt;margin-bottom:0pt;margin-left:30.77%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/<font style="letter-spacing:-0.3pt;"> </font>Lorrie<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Scott</font></p>
<p style="margin-top:2pt;margin-bottom:0pt;margin-left:30.77%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:30.77%;text-indent:0%;font-family:Times New Roman;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Lorrie<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">D.</font><font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">Scott</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;margin-left:30.77%;text-indent:0%;font-family:Times New Roman;letter-spacing:-0.2pt;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">V<font style="letter-spacing:-0.25pt;">ice</font><font style="letter-spacing:-0.45pt;"> </font><font style="letter-spacing:-0.05pt;">President,</font><font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">General</font><font style="letter-spacing:-0.35pt;"> </font>Counsel<font style="letter-spacing:-0.4pt;"> </font>&amp;<font style="letter-spacing:-0.35pt;"> </font>Corporate<font style="letter-spacing:-0.4pt;"> </font><font style="letter-spacing:-0.05pt;">Secretary</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.A
<SEQUENCE>3
<FILENAME>pch-ex23a_7.htm
<DESCRIPTION>EX-23.A - KPMG CONSENT LETTER
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
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pch-ex23a_7.htm
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<p style="text-align:right;margin-top:2pt;margin-bottom:0pt;margin-right:0.91%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Exhibit</font><font style="text-decoration:underline;letter-spacing:-0.4pt;"> </font><font style="text-decoration:underline;">(23)(a)</font></p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:7.5pt;">&nbsp;</p>
<p style="margin-top:3pt;margin-bottom:0pt;margin-left:1.14%;text-indent:23.43%;font-weight:bold;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-style:normal;text-transform:none;font-variant: normal;">Consent<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>Independent<font style="letter-spacing:-0.15pt;"> </font><font style="letter-spacing:-0.1pt;">Registered</font><font style="letter-spacing:-0.25pt;"> </font>Public<font style="letter-spacing:-0.8pt;"> </font>Accounting<font style="letter-spacing:-0.2pt;"> </font>Firm</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:12pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:13.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:34.55%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The<font style="letter-spacing:-0.4pt;"> </font>Board<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">Directors</font><font style="letter-spacing:1pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-1.05pt;"> </font>Corporation:</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:12.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.55pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We<font style="letter-spacing:-0.25pt;"> </font>consent<font style="letter-spacing:-0.25pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>use<font style="letter-spacing:-0.2pt;"> </font>of<font style="letter-spacing:-0.2pt;"> </font>our<font style="letter-spacing:-0.2pt;"> </font>reports<font style="letter-spacing:-0.2pt;"> </font>dated<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">February</font><font style="letter-spacing:-0.2pt;"> </font>27,<font style="letter-spacing:-0.2pt;"> </font>2019,<font style="letter-spacing:-0.2pt;"> </font><font style="letter-spacing:-0.05pt;">with</font><font style="letter-spacing:-0.25pt;"> </font>respect<font style="letter-spacing:-0.2pt;"> </font>to<font style="letter-spacing:-0.25pt;"> </font>the<font style="letter-spacing:-0.25pt;"> </font>consolidated<font style="letter-spacing:-0.25pt;"> </font>balance<font style="letter-spacing:1.15pt;"> </font><font style="letter-spacing:-0.05pt;">sheets</font><font style="letter-spacing:-0.25pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">PotlatchDeltic</font><font style="letter-spacing:-0.25pt;"> </font>Corporation<font style="letter-spacing:-0.25pt;"> </font>as<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.25pt;"> </font>2018<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>2017,<font style="letter-spacing:-0.25pt;"> </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>related<font style="letter-spacing:-0.2pt;"> </font>consolidated<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">statements</font><font style="letter-spacing:1.15pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>income,<font style="letter-spacing:-0.3pt;"> </font>comprehensive<font style="letter-spacing:-0.3pt;"> </font>income,<font style="letter-spacing:-0.3pt;"> stockholders&#8217; equity, and </font>cash<font style="letter-spacing:-0.3pt;"> </font>flows,<font style="letter-spacing:-0.3pt;"> </font>for<font style="letter-spacing:-0.25pt;"> </font>each<font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>years<font style="letter-spacing:-0.25pt;"> </font>in<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font>three-year<font style="letter-spacing:-0.3pt;"> </font>period<font style="letter-spacing:-0.25pt;"> </font>ended<font style="letter-spacing:-0.35pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.25pt;"> </font>2018,<font style="letter-spacing:-0.3pt;"> and the related notes, </font>and<font style="letter-spacing:-0.3pt;"> </font>the<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">effectiveness</font><font style="letter-spacing:-0.3pt;"> </font>of<font style="letter-spacing:-0.25pt;"> </font>internal<font style="letter-spacing:-0.3pt;"> </font>control<font style="letter-spacing:-0.35pt;"> </font>over<font style="letter-spacing:-0.25pt;"> </font>financial<font style="letter-spacing:-0.25pt;"> </font>reporting<font style="letter-spacing:-0.3pt;"> </font>as<font style="letter-spacing:1.5pt;"> </font>of<font style="letter-spacing:-0.3pt;"> </font><font style="letter-spacing:-0.05pt;">December</font><font style="letter-spacing:-0.25pt;"> </font>31,<font style="letter-spacing:-0.3pt;"> </font>2018,<font style="letter-spacing:-0.25pt;"> </font>incorporated<font style="letter-spacing:-0.3pt;"> </font>herein<font style="letter-spacing:-0.3pt;"> </font>by<font style="letter-spacing:-0.25pt;"> </font>reference.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our report on the consolidated financial statements refers to a change in the method of accounting for revenues for the year ended December 31, 2018 due to the adoption of Accounting Standards Update No. 2014-09, <font style="font-style:italic;">Revenue from Contracts with Customers</font> (Topic 606), effective January 1, 2018.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:2.05%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">/s/<font style="letter-spacing:-0.25pt;"> </font><font style="letter-spacing:-0.05pt;">KPMG</font><font style="letter-spacing:-0.15pt;"> </font>LLP</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-top:0pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:13.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.14%;margin-right:55%;text-indent:0%;font-size:12pt;font-family:Times New Roman;letter-spacing:-0.05pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Seattle,<font style="letter-spacing:-1.15pt;"> </font><font style="letter-spacing:-0.1pt;">Washington</font><font style="letter-spacing:1.1pt;"> </font>May 13, 2019</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p></body>
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MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
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M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
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MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
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M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
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begin 644 gmhuvoaqqych000009.jpg
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MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
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<FILENAME>gmhuvoaqqych000007.jpg
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begin 644 gmhuvoaqqych000007.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
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end
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<DOCUMENT>
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<FILENAME>gmhuvoaqqych000008.jpg
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begin 644 gmhuvoaqqych000008.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
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