OHIO VALLEY PLASTICS, INC.
-------------------------
PLASTICS FOR TODAY & THE FUTURE
P.O. Box 6964
Evansville, IN 47719
Phone: (000) 000-0000
FAX: (000)-000-0000
Mr. Xxxx Xxxxx 10-27-95
Xxxxxxx Inc.
P.O. Box 657
Wilton, Maine 04294
Dear Xxxx,
Enclosed you will find two original copies of the proposed Sales Agreement
between Xxxxxxx Inc. and Ohio Valley Plastics. It is common practice that these
be signed by both parties. Having known you, Xxxx, and many others in your
organization, signature is not necessary unless you would prefer.
We sincerely appreciate the opportunity to partner with Xxxxxxx Inc. during the
coming years, as you continue to grow your dynamic business. In addition to the
value package as outlined in the proposed sales agreement, Ohio Valley Plastics
and Huntsman Chemical would be pleased to entertain any additional venues which
will impact your business.
We ask that you allow Ohio Valley Plastics and Huntsman Chemical to provide you
with the finest products, service, cost, and market intelligence available in
the industry today.
Regards,
Xxx Xxxxx
Ohio Valley Plastics
1. SOLD TO:
Xxxxxxx Inc.
P.O. Box 657
Wilton, Maine 04294
2. SHIP TO:
Xxxxxxx Inc.
Mill St.
X. Xxxxxx, Maine 04234
3. PERIOD:
January 1, 1996 through December 31, 1996 and year to year thereafter,
unless terminated by either party, giving 90 day written notice.
4. PRODUCT:
Huntsman Prime Polystyrene grades 203, 213, and 334; or other grades
to be mutually agreed upon.
5. QUANTITY:
It is understood that Xxxxxxx'x level of purchase will be
approximately 15 million pounds per year.
6. PRICE:
The price to Xxxxxxx Inc. on October 27, 1995 for Xxxxxxxx xxxxxxx
polystyrene products delivered in hoppertruck to X. Xxxxxx, Maine will
be $0.48/lb.
7. PAYMENT TERMS:
Net 30 days from date of invoice or 2% ten days
8. REBATE:
Ohio Valley Plastics is pleased to offer rebate monies as follows:
1. A $0.035/lb volume rebate will be issued monthly (or directly off
invoice if preferred) on all lbs. of prime Huntsman polystyrene
shipped to Xxxxxxx.
2. A $0.005/lb transition allowance will be issued directly off
invoice, on all lbs of prime Huntsman polystyrene shipped to
Xxxxxxx.
3. A $0.02/lb rebate will be issued directly off invoice, on all
lbs. of transition/off-grade crystal shipped to Xxxxxxx.
9. FREIGHT:
F.O.B. East Wilton, Maine by carrier of sellers choice
10. CONFIDENTIALITY:
The terms and conditions stated within this agreement are
confidential, and shall be seen only by Mr. Xxxx Xxxxx and Mr. Xxxx
Xxxxxxxx unless given prior consent of Seller.
