AMENDMENT OF MEMORANDUM OF AGREEMENT YEARS 2004-2005 BASESTOCK SUPPLY AGREEMENT (effective as of June 27, 2001)

Exhibit 10.22.2

Note: The information designated by a bracketed asterisk [*] has been omitted pursuant to a request for confidential treatment and has been filed separately with the Securities and Exchange Commission.

AMENDMENT OF

MEMORANDUM OF AGREEMENT

YEARS 2004-2005

BASESTOCK SUPPLY AGREEMENT (effective as of June 27, 2001)

For valuable consideration, the above-referenced agreement (herein “Agreement”) shall be and it is hereby amended as follows:

“Except as hereinafter provided, Buyer shall be obligated to purchase from Seller, and Seller shall be obligated to sell to Buyer, (i) 75,000 tons (2,000 lbs/ton), total, of the grades listed in Schedule 1 of this Amendment, in Agreement Year 2004 and (ii) 40,000 tons, total, of the grades listed in Schedule 1 of this amendment, in Agreement Year 2005. The volumes set forth above are hereinafter referred to as the “Annual Volume(s).”

“Buyer’s purchases of the Opaque Grades listed in Schedule 1, shall be limited to not more than 25% of the Annual Volume in Agreement Year 2004 and 2005.

“Except as hereinafter provided or from time-to-time agreed by the parties, Buyer will purchase and Seller will make available the Annual Volume utilizing a level load pattern of equal monthly volumes. Adjustments for scheduled “Holiday Downs” will be planned and agreed to in advance. Buyer shall have the ability to alter volumes by plus or minus ten percent (10%) per calendar quarter provided that Buyer shall have given Seller notice, of its intention to alter said volumes, at least 90 days prior to the beginning of the calendar quarter in question. Seller will provide any additional tonnage at the same terms as stated in this Agreement. Each quarterly option of Buyer to alter volumes shall be limited to plus or minus ten percent (10%). If Buyer does not elect to alter volumes by plus or minus ten percent (10%) in any given quarter, such option to elect shall not carry over and/or be available in addition to the 10% volume alteration option available in the following quarter. If Buyer does elect to alter volumes by plus or minus ten percent (10%) in any given quarter, Annual Volume requirements under this Agreement shall be adjusted accordingly.

“Additionally, Buyer agrees to purchase product (on or before January 1, 2005), per section 7 below, required to bring the consignment inventory to 10% of the

Annual Volume agreed to for the 2005 Agreement Year. Any year-end purchases made by Buyer to adjust the consignment inventory shall be in addition to the Buyer’s Annual Volume commitment.

“All grades represented in Schedule 1 of this Amendment are considered qualified grades for purposes of meeting the Annual Volume requirements under this Agreement.”

Terms are two percent (2%) discount if paid via electronic fund transfer to Seller’s financial institution (if capable), within the time periods specified in Schedule 3 to this Agreement; otherwise, the discount shall be one percent (1%) if paid within 20 days from date of invoice, net 30 days. Except as provided in Section 7 hereof, title shall be deemed transferred at time of shipment or, as the case may be, release from the “consignment” inventory.

“This Agreement is effective as of December 28, 2003 and extends for one fiscal year beyond the current Amendment, thereby ending on January 2, 2006. As utilized herein, the term “Agreement Year” refers to a fiscal year ending on the Saturday that is closest to December 31 in the year in question.”

“Seller agrees to maintain a consignment inventory of product. Seller will maintain as Seller’s inventory, a maximum of 7,000 tons in Agreement Year 2004 and 3,500 tons in Agreement Year 2005. Seller will maintain an additional 500 tons of in-transit inventory if required to support Buyers’ Purchase Order due dates. For the Agreement year 2004, Buyer and Seller will review, on June 1, 2004, the anticipated Annual Volume and reset the consignment inventory maximum (including “tons in transit”) to be 10% of such anticipated Annual Volume. On October 1, 2004, Buyer and Seller will review the anticipated Annual Volume for the 2005 Agreement Year (currently 40,000 tons) and set the 2004 Year end consignment target to be 10% of the 2005 anticipated Annual Volume. Seller agrees to utilize Buyer’s leased warehouse space on Radio Road or other mutually agreed upon site for storage of the consignment inventory. Seller also agrees to be responsible for the monthly warehouse rental charges for the space utilized to manage this consignment inventory at a cost not to exceed Buyer’s leased space rate. Notwithstanding any other provision herein, Product

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within this inventory will be purchased by and title transferred to Buyer, either when withdrawn from said inventory, or, if not withdrawn, upon reaching 90 days in the consignment inventory.”

“Order minimums and run frequencies shall be as specified in Schedule 1 to this Agreement.”

“All trim charges are established by grade for all grades listed on Schedule 2 of this agreement. Buyer, at time of order, will calculate all applicable trim charges and will adjust its Purchase Order for said adjustment per the charges in Schedule 2 of this Agreement.

“Pricing is per Schedule 1, for Agreement Years 2004 and 2005.

“All products shall meet or exceed the quality specifications as described in Buyer’s basestock specification (including basestock finishing specifications) in effect on January 24, 2003 or thereafter adopted by mutual agreement of the parties.”

“Issues related to pricing, terms, service issues and other matters arising hereunder shall be coordinated by Buyer’s—HQ Procurement Specialist (currently Ed Hammond) and Seller’s Vice President of Logistics and Information Technology (currently Dan Regal) or his or her designee.”

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“Buyer and Seller agree to conduct a Strategic Business Review annually during the first calendar quarter of each year of this Agreement

Except as otherwise provided herein, all terms and conditions of the Agreement shall be and remain in full force and effect.

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2004 Pricing / Making Master Breakout

SCHEDULE 1

ALL PRICES LISTED ARE PER HUNDRED WEIGHT PRICING

ALL GRADES REQUIRE 24 HOUR MINIMUM RUN LENGTH UNLESS MUTUALLY AGREED TO BETWEEN AC AND API

FOR 61.1, 43.3, AND 50.8 DULL GRADES WE WILL RUN A MINIMUM 12 HOUR RUN PER GRADE IN A 24 HOUR RUN SCHEDULE

ALL PRICES INCLUDE FREIGHT TO DESTINATION IN THE FOX VALLEY

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Appleton Ideas Basestock Trim Upcharge Guidelines

SCHEDULE 2

SCHEDULE 3

PAYMENT TERMS