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Xxxx Nitrogen Company December 31, 1996
El Dorado Chemical Co. Sale 12133
Attn: Xxx Xxxxxx Effective Date 01/01/97
Box 231 Customer Reference #
El Dorado, AR 71731
WE HEREBY ACKNOWLEDGE THIS AGREEMENT MADE BETWEEN
Xxxx Nitrogen Company AND EL DORADO CHEMICAL CO.
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PRODUCT: Ammonia
ORIGIN FOB SHIPMENT MODE
Sterlincgon LA - KNC El Dorado, AR - El Dorado Pipeline
QUANTITY PRICE
27,000.00 tons See Remarks
DELIVERY TIME: 01/01/97 through 03/31/97
TERMS: Net 15 days
REMARKS: Price = Green Markets NOLA low monthly average + pipeline
tariff. Upon management approval by 3-31-97 of a 3 yr NH3
supply agreement between El Dorado Chemical and Xxxx, Xxxx
to rebate to El Dorado Chemical the difference between NOLA
low and the lower of NOLA low less 3% or price agreed to in
3 yr supply contract on tons delivered per this contract.
Volume - Jan. 8000 tons, Feb. 5000 tons, Mar. 14000 tons.
We appreciate your business!
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All the terms and conditions of the Xxxx Nitrogen Company (Seller) General
Terms and Conditions of Sale are hereby incorporated into and made part of
this contract as essential term and conditions. These terms of sale are
accepted by buyer, if not otherwise accepted, by buyer's purchase or taking
delivery of product from Seller. Acceptance is expressly limited to these
terms and conditions without any alteration or addition thereto,
notwithstanding the use of any other acknowledgement or acceptance by buyer.
ACCEPTED ________________ 19_____ XXXX NITROGEN COMPANY
EL DORADO CHEMICAL CO. by /s/ X.X. Xxxxxxxxx
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/S/ Xxxxx X. Xxxxxx, President L.P. "Bud" Xxxxxxxxx
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