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EXHIBIT 10.12
Certain portions of this exhibit have been deleted and confidentially
filed with the Securities and Exchange Commission pursuant to a confidential
treatment request under Rule 406 under the Securities Act of 1933, as amended.
The confidential portions of the exhibit that have been deleted are indicated
by "[*****]" inserted in place of such confidential information.
SILICON METAL PURCHASE AGREEMENT
ITEM: [******] Silicon Metal
Size: [*************************************]
Shipped in bulk truckload quantities
DURATION: Jan. 1, 1997-Dec. 31, 1998
QUANTITY: A) [*******] silicon available as generated
[*****************************]
Delivery schedule to match [***] as generated
B) As less [******] is generated, tonnage lost is
converted to additional [*********] tons
TERMS: [******************************************
*******************************************]
Review [******************************] (if needed)
PRICE: [******] silicon having a content of up to [**********]
priced at [***************************] silicon
[*******************************************]
on the shipment invoice
The Wabash price [*****************************]
CANCEL: Must be written with six (6) month's advance notice
/s/ 12/10/96
--------------------------------- ---------------------------------
Wabash Alloys Date
/s/ 12/15/96
--------------------------------- ---------------------------------
SIMCALA Date
[*] Confidential treatment requested
