0001193125-06-070789 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 31st, 2006 • LSB Industries Inc • Industrial inorganic chemicals • Delaware

AGREEMENT between LSB Industries, Inc., a Delaware corporation (the “Company”), and Jack E. Golsen (the “Executive”), dated this 17th day of January, 1989.

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FIRST AMENDMENT TO ANHYDROUS AMMONIA SALES AGREEMENT
Anhydrous Ammonia Sales Agreement • March 31st, 2006 • LSB Industries Inc • Industrial inorganic chemicals • Kansas

THIS FIRST AMENDMENT TO ANHYDROUS AMMONIA SALES AGREEMENT (this “First Amendment”) is effective as of the 29th day of August, 2005 (the “Effective Date”) by and among KOCH NITROGEN INTERNATIONAL SÀRL, a Swiss societe a responsabilite limitee (“KNI”) and KOCH NITROGEN COMPANY, a Nebraska corporation (“KNC”) and EL DORADO CHEMICAL COMPANY, an Oklahoma corporation (“Buyer”).

AGREEMENT
Death Benefit Agreement • March 31st, 2006 • LSB Industries Inc • Industrial inorganic chemicals • Oklahoma

This Agreement, entered into this 1st day of April, 1981, by and between LSB Industries, Inc., a corporation organized and existing under laws of the State of Delaware (hereinafter called the “Company”), and (hereinafter called the “Employee”).

NINTH AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • March 31st, 2006 • LSB Industries Inc • Industrial inorganic chemicals • New York

NINTH AMENDMENT, dated as of February 22, 2006 (the “Amendment”), to the Loan and Security Agreement dated as of April 13, 2001, as amended by the First Amendment dated as of August 3, 2001, the Second Amendment dated as of May 24, 2002, the Third Amendment dated as of November 18, 2002, the Fourth Amendment dated as of March 3, 2003, the Fifth Amendment dated as of December 31, 2003, the Sixth Amendment dated as of June 29, 2004, the Seventh Amendment dated as of September 15, 2004 and the Eighth Amendment dated as of February 28, 2005 (the “Loan Agreement”), by and among (i) LSB INDUSTRIES, INC., a Delaware corporation (the “Parent”), THERMACLIME, INC., an Oklahoma corporation formerly known as ClimaChem, Inc. (“ThermaClime”), and each of the Subsidiaries of ThermaClime identified on the signature pages thereof (such Subsidiaries, together with ThermaClime, each a “Borrower”, and collectively, the “Borrowers”), (ii) the lenders identified on the signature pages thereof (each a “Lende

WAIVER AND CONSENT
Waiver and Consent • March 31st, 2006 • LSB Industries Inc • Industrial inorganic chemicals • Texas

WAIVER AND CONSENT, dated as of January __, 2006, to the Loan Agreement, dated as of September 15, 2004 (as amended to date, the “Loan Agreement”), by and among THERMACLIME, INC., an Oklahoma corporation (“ThermaClime”), CHEROKEE NITROGEN HOLDINGS, INC., an Oklahoma corporation (“Cherokee”) and each of the Subsidiaries of ThermaClime identified on the signature pages thereof (such Subsidiaries, together with ThermaClime and Cherokee, each a “Borrower”, and collectively, the “Borrowers”), the lenders identified on the signature pages thereof (each a “Lender” and collectively, the “Lenders”) and ORIX Capital Markets, LLC, a Delaware limited liability company, as agent for the Lenders (the “Agent”).

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