RE: Change in Control AgreementAshland Inc. • November 23rd, 2009 • Wholesale-chemicals & allied products • Kentucky
Ashland Inc. considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interest of the Company and its shareholders. In this regard, the Company recognizes that, as is the case with many publicly-held corporations, the possibility of a Change in Control of the Company does exist and that such possibility, and the uncertainty and questions which a Change in Control of the Company may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its shareholders. In addition, difficulties in attracting and retaining new senior management personnel may be experienced. Accordingly, on the basis of the recommendation of the Personnel and Compensation Committee of the Board, the Board has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of certain members of the Company's management, includin
FIRST AMENDMENT Dated as of November 4, 2009 to TRANSFER AND ADMINISTRATION AGREEMENT Dated as of November 13, 2008Transfer and Administration Agreement • November 23rd, 2009 • Ashland Inc. • Wholesale-chemicals & allied products • New York
This FIRST AMENDMENT (this “Amendment”) dated as of November 4, 2009 is entered into among ASHLAND INC., a Kentucky corporation (“Ashland”), CVG CAPITAL II LLC, a Delaware limited liability company (“SPV”), the Investors, Letter of Credit Issuers, Managing Agents and Administrators party hereto, and BANK OF AMERICA, N.A., as Agent for the Investors.
