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3.3 Provision of Preliminary Information Package

Upon receipt of the confidentiality undertaking referred to in

8 ACCEPTANCE OF DISPOSAL OFFER

8.1 If the Grantee accepts the Disposal Offer or otherwise
agrees to purchase the Highbank Assets on terms and conditions (including price)

13 DISPOSAL OF HIGHBANK ASSETS TO PARTY OTHER THAN THE
GRANTEE

13.1 Disposal to third party

If:

2.5 Grantee

Te Runanga acknowledges that it is the intention of the Crown
that this Deed will provide an opportunity to the Joint Venture Entity to

ATTACHMENT 9.2

DEED OF GRANT OF RIGHT OF FIRST REFUSAL -
HIGHBANK STATION

Clause 9.2)

Date:

BETWEEN

40. Non-derogation - Subject to clauses 41 and 42 of
this Schedule, nothing in this Schedule affects or derogates from the right of a

13. Determination by independent person -

ATTACHMENT 9.1
STATUTORY RIGHT OF FIRST REFUSAL
(Clause 9.1)

SECTION 9 : RIGHTS OF FIRST REFUSAL

9.1 RELEVANT CROWN LAND

The Crown agrees that the Settlement Legislation shall
include:

8.6 SETTLEMENT PROPERTIES NOT TRANSFERRED

8.6.1 Reselection

SECTION 8: TRANSFER OF ASSETS (GENERAL)

8.1 DEFINITIONS AND INTERPRETATION

8.1.1 Words or phrases already defined

SCHEDULE

FOREST RESEARCH AREAS

[ ] FOREST

PROTECTIVE COVENANT NO. [ ]

A OPERATION OF COVENANT:

ACCEPTANCE BY LICENSEE

The Licensee ACCEPTS this Licence to enter upon and use
the Land subject to the covenants and conditions herein contained.

DATED this day of 199

ATTESTATION

[Insert appropriate execution clauses for both the Licensee
and the Licensor]

ATTACHMENT 7.7
FORM OF
NGAI TAHU CROWN FORESTRY LICENCE

(Attachment 7.5, paragraph 2)

[Comment:

SCHEDULE

8 Water for Fire Control

PART A: GENERAL DESCRIPTION OF IMPROVEMENTS

The Improvements acquired by the Licensee from Her Majesty the
Queen at the date of commencement of this Licence, being all improvements on, or
associated with, the Land and includes:

(a) all those buildings described in Part B of this First
Schedule (but excludes those buildings described in Part C of this First
Schedule) and all other structures affixed to the Land (but excludes any
structures, moveable huts or caravans owned by any third party); and

6.1 Protective Covenants and Public Access
Easements

The Licensor and the Licensee agree and acknowledge
that:

SECTION 4: LICENCE FEE, REVIEW PROVISIONS AND
OUTGOINGS

4.1 Payment by the Licensee

The Licensee shall pay the Licensor (or as the Licensor may in

ATTACHMENT 7.7
FORM OF
NGAI TAHU CROWN FORESTRY LICENCE

(Attachment 7.5, paragraph 2)

[Comment:

SECTION 11: REPRESENTATIONS AND WARRANTIES

11.1 The Vendor represents and warrants to the Purchaser as at
the Effective Date and as at the Asset Transfer Settlement Date that:

SECTION 4: SURVEY AND ISSUE OF TITLE AND ACCESS

4.1 Subject to paragraph 2.2.2(d) of Attachment

ATTACHMENT 7.6
FORM OF AGREEMENT FOR
TRANSFER OF ASSETS

(Attachment 7.5, Paragraph 2)