Common use of Reporting and Taxes Clause in Contracts

Reporting and Taxes. 30 6.1 Reports 30 6.2 Other 30 6.3 Reports in Support of Insurance Claims 30 6.4 Taxes 30 ARTICLE VII MISCELLANEOUS PROVISIONS 31 7.1 Amendments and Waivers 31 7.2 Tax Treatment 31 7.3 Cooperation 31 7.4 Situs of the Cimarron Trust 31 7.5 Severability 32 7.6 Sufficient Notice 32 7.7 Headings 32 7.8 Actions Taken on Other Than Business Day 32 7.9 Consistency of Agreements and Construction 32 7.10 Compliance with Laws 32 7.11 Preservation of Privilege. 32 7.12 No Recourse to Beneficiaries. 33 7.13 Uniform Custodial Trust Act. 33 ENVIRONMENTAL RESPONSE TRUST AGREEMENT (Cimarron) This Environmental Response Trust Agreement (the “Agreement”) is made this 14th day of February, 2011, by and among TRONOX, INC. (“Tronox”) and its wholly owned subsidiaries, TRONOX LLC, TRONOX FINANCE CORP., TRONOX HOLDINGS, INC., TRONOX LUXEMBOURG S.AR.L, TRONOX PIGMENTS (SAVANNAH), INC., TRONOX WORLDWIDE, LLC, SOUTHWESTERN REFINING COMPANY, INC., TRANSWORLD DRILLING COMPANY, TRIANGLE REFINERIES, INC., TRIPLE S, INC., TRIPLE S ENVIRONMENTAL MANAGEMENT CORP., TRIPLE S MINERALS RESOURCES CORP., TRIPLE S REFINING CORP., and CIMARRON CORP., as debtors and debtors in possession in the Bankruptcy Cases (defined below) (collectively, “Settlors”) and Environmental Properties Management, LLC, not individually but solely in its representative capacity as Cimarron Trustee (defined herein) of the Cimarron Environmental Response Trust established hereby (the “Cimarron Trust”), and the Beneficiaries (defined herein).

Reporting and Taxes. 30 6.1 Reports 30 6.2 Other 30 6.3 Reports in Support of Insurance Claims 30 6.4 Taxes 30 ARTICLE VII MISCELLANEOUS PROVISIONS 31 7.1 Amendments and Waivers 31 7.2 Tax Treatment 31 7.3 Cooperation 31 7.4 Situs of the Cimarron Trust 31 7.5 Severability 32 7.6 Sufficient Notice 32 7.7 Headings 32 7.8 Actions Taken on Other Than Business Day 32 7.9 Consistency of Agreements and Construction 32 7.10 Compliance with Laws 32 7.11 Preservation of Privilege. 32 7.12 No Recourse to Beneficiaries. Beneficiaries 33 7.13 Uniform Custodial Trust Act. 33 ENVIRONMENTAL RESPONSE TRUST AGREEMENT (Cimarron) This Environmental Response Trust Agreement (the “Agreement”) is made this 14th day of February, 2011, by and among TRONOX, INC. (“Tronox”) and its wholly owned subsidiaries, TRONOX LLC, TRONOX FINANCE CORP., TRONOX HOLDINGS, INC., TRONOX LUXEMBOURG S.AR.L, TRONOX PIGMENTS (SAVANNAH), INC., TRONOX WORLDWIDE, LLC, SOUTHWESTERN REFINING COMPANY, INC., TRANSWORLD DRILLING COMPANY, TRIANGLE REFINERIES, INC., TRIPLE S, INC., TRIPLE S ENVIRONMENTAL MANAGEMENT CORP., TRIPLE S MINERALS RESOURCES CORP., TRIPLE S REFINING CORP., and CIMARRON CORP., as debtors and debtors in possession in the Bankruptcy Cases (defined below) (collectively, “Settlors”) and Environmental Properties Management, LLC, not individually but solely in its representative capacity as Cimarron Trustee (defined herein) of the Cimarron Environmental Response Trust established hereby (the “Cimarron Trust”), and the Beneficiaries (defined herein).