0000948600-01-500103 Sample Contracts

AGREEMENT
Agreement • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals • Delaware

THIS AGREEMENT is entered into this 18th day of October, 2001, by and between LSB INDUSTRIES, INC., a Delaware corporation (the "Company"); PRIME FINANCIAL CORPORATION, an Oklahoma corporation ("Prime") and a wholly owned subsidiary of the Company; and SBL CORPORATION, an Oklahoma corporation ("SBL").

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SECURITY AGREEMENT
Security Agreement • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals • Oklahoma

THIS SECURITY AGREEMENT (this "Agreement") is executed effective the 8th day of November, 2001, between SBL CORPORATION, an Oklahoma corporation, having a notice address at Post Office Box 705, Oklahoma City, Oklahoma 73101 (the "Debtor"), and STILLWATER NATIONAL BANK AND TRUST COMPANY, N.A., having a notice address at 6305 Waterford Boulevard, Suite 205, Oklahoma City, Oklahoma 73118 (the "Secured Party").

COMMERCIAL SECURITY AGREEMENT
Security Agreement • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals • Oklahoma

References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "***" has been omitted due to text length limitations.

BancFirst COMMERCIAL PLEDGE AGREEMENT
Commercial Pledge Agreement • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals • Oklahoma

References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "***" has been omitted due to text length limitations.

AMENDED AND RESTATED GUARANTY AGREEMENT
Guaranty Agreement • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals

THIS AMENDED AND RESTATED GUARANTY AGREEMENT (this "Agreement") is executed effective the 8th day of November, 2001, by PRIME FINANCIAL CORPORATION, an Oklahoma corporation (the "Guarantor"), in favor of STILLWATER NATIONAL BANK AND TRUST COMPANY, N.A. (the "Lender").

AMENDED LIMITED GUARANTY In consideration of SBL Corporation ("SBL"), an Oklahoma corporation, extending credit to Prime Financial Corporation ("PFC"), an Oklahoma corporation and subsidiary of LSB Industries, Inc. ("Guarantor"), a Delaware...
Limited Guaranty • November 27th, 2001 • LSB Industries Inc • Industrial inorganic chemicals

This Guaranty supersedes that certain Limited Guaranty dated March 5, 1998 given by Guarantor in favor of SBL and will expire upon the full performance of the payment obligations of PFC to SBL.

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