Basell AF Hoeksteen 66 2132 MS Hoofddorp The Netherlands Ladies and Gentlemen:Merger Agreement • July 6th, 2007 • Jon & Karen Huntsman Foundation • Chemicals & allied products • Delaware
Each undersigned ("Stockholder" and, collectively, the "Stockholders") understands that Basell AF, an entity limited by shares organized under the Grand Duchy of Luxembourg ("Parent"), BI Acquisition Holdings Limited, a Delaware corporation ("Merger Sub") and Huntsman Corporation, a Delaware corporation (the "Company"), propose to enter into an Agreement and Plan of Merger, dated as of June 26, 2007 (as it may be from time to time amended, the "Merger Agreement"), providing for, among other things, a merger of Merger Sub with and into the Company (the "Merger"), in which all of the issued and outstanding shares of common stock, par value $0.01 per share, of the Company (the "Company Common Stock") (other than shares of Company Common Stock held in treasury or as to which appraisal rights shall have been perfected) will be cancelled and converted into the right to receive the Merger Consideration. Terms used without definition in this letter agreement shall have the meanings ascribed th
