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[EXHIBIT 10.8]
CRYSEN REFINING, INC.
A CRYSEN CORPORATION COMPANY
ASPHALT CEMENT CONTRACT
Crysen Refining, Inc. commits to sell 6,500 short tons of Utah DOT AC-10 asphalt
cement to Geneva Rock Products, Inc. at a price of $117 a ton F.O.B. Xxxxx
Cross, Utah by December 31, 1997. Geneva Rock agrees to take delivery of the
asphalt cement on a reasonable uniform basis.
These prices are firm though December 31, 1997.
In the event Geneva Rock Products, Inc. can obtain asphalt cement at a better
price from another source, Crysen Refining, Inc. will match or better the new
price, and in this event Geneva Rock Products, Inc. will be committed to
purchase the 6,500 tons by December 31, 1997.
There shall be no obligation to deliver or to receive or to use the said
products, when and while, and to the extent that the receiving or using, or
manufacturing, or making deliveries in the customary manner are prevented or
hindered by acts of God, fire, strike, partial or total lock-out, or by other
causes beyond the control of the parties, whether similar to the causes
hereinabove specified or not.
Terms: 1% 10 days, 1.% per month finance charge will apply after 30 days.
We agree to the above terms and conditions of this contract.
Geneva Rock Products, Inc. by: Crysen Refining, Inc. by:
Xxxx X. Xxxxx Xxxxx XxXxxxx
Title: Division Manager Title: President
Date: 5/27/97 Date: 5/29/97
P.O. Box 870298 o 0000 Xxxxx 0000 Xxxx x Xxxxx Xxxxx, Xxxx 00000 o
(000) 000-0000
