AMENDMENT TO EASTMAN – RAYONIER CHEMICAL CELLULOSE AGREEMENT
THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT
REQUEST PURSUANT TO RULE 24b-2. REDACTED MATERIAL IS MARKED WITH [***] AND HAS
BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
Exhibit 10.8
AMENDMENT TO
XXXXXXX – RAYONIER
THIS AMENDMENT is effective as of January 1, 2012, and is entered into by and between XXXXXXX CHEMICAL COMPANY (“EASTMAN”) and RAYONIER PERFORMANCE FIBERS, LLC (“RAYONIER”), collectively, the “PARTIES.”
WHEREAS, Rayonier and Eastman entered into that certain Chemical Cellulose Agreement with the effective date of January 1, 2012 (the “Agreement”);
WHEREAS, the Parties desire to amend the Agreement and revise certain terms contained therein.
NOW THEREFORE, the Parties hereby amend the Agreement as follows:
| 1. | Article 3(a) of the Agreement is replaced with the following: |
3(a) Although this is not a “take-or-pay” contract, this is a contract whereby XXXXXXX agrees to purchase the following quantities of Chemical Cellulose in the years specified:
| Year |
Total Quantity (ADMT) | Base Volume (ADMT) | ||
| 2012 |
*** | *** | ||
| 2013 |
*** | *** | ||
| 2014 |
*** | *** | ||
| 2015 |
*** | *** | ||
| 2016 |
*** | *** | ||
| 2017 and subsequent years* |
*** | *** | ||
| * | Unless otherwise terminated as provided under Article 7. |
Except as amended herein, the remaining provisions of Article 3 shall continue in full force and effect.
2. Article 6(b) of the agreement is replaced with the following:
(b) At any time during the term of this Agreement after *** XXXXXXX may notify RAYONIER in writing of ***. Such notice must include sufficient information to allow RAYONIER to ***.
Except as amended herein, the remaining provisions of Article 3 shall continue in full force and effect.
THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT
REQUEST PURSUANT TO RULE 24b-2. REDACTED MATERIAL IS MARKED WITH [***] AND HAS
BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
3. Except as amended above, all remaining provisions the Agreement shall continue in full force and effect.
IN WITNESS WHEREOF, the Parties have executed this Amendment effective as of the day and year first above written.
| XXXXXXX CHEMICAL COMPANY | RAYONIER PERFORMANCE FIBERS, LLC | |||||||||||
| By: | /s/ Xxxxxxx X. Xxxxx |
By: | /s/ Xxxx Xxxxxxx | |||||||||
| Name: | Xxxxxxx X. Xxxxx | Name: | Xxxx Xxxxxxx | |||||||||
| Title: | VP, Global Procurement | Title: | President | |||||||||
