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EXHIBIT 10.11
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) [*****] tons/month [***********] distributed as:
[***] tons [************]
[*****] tons [***********************]
B) As less [**********] is generated, tonnage lost is
converted to additional [*********] tons
TERMS: [********************************************
***************************************************]
Review [********************************] (if needed)
PRICE: [*****************] is [**] cents/pound.
Price [***************************************************
********************************************************
********************************************************
********************************************************]
end of the contract. The Wabash price [**********************
*************].
[******************] is [***] cents/pound for 1997.
Price for 1998 [*********].
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
