January _7, 2005 Mr. George T. Haymaker, Jr. c/o Kaiser Aluminum & Chemical Corporation 5847 San Felipe, Suite 2500 Houston, Texas 77057 Re: Non-Executive Chairman of the Boards Agreement Dear George: On behalf of the Boards of Directors (the...Non-Executive Chairman of the Boards Agreement • March 31st, 2005 • Kaiser Aluminum & Chemical Corp • Primary production of aluminum • Texas
March 20, 2006 Mr. George T. Haymaker, Jr. c/o Kaiser Aluminum & Chemical Corporation 27422 Portola Parkway, Suite 350 Foothill Ranch, California 92610 Re: Non-Executive Chairman of the Boards Agreement Dear George:Non-Executive Chairman of the Boards Agreement • March 23rd, 2006 • Kaiser Aluminum & Chemical Corp • Primary production of aluminum
On behalf of the Boards of Directors (the “Boards”) of Kaiser Aluminum Corporation and Kaiser Aluminum & Chemical Corporation this letter confirms the extension of the term of your Non-Executive Chairman of the Boards Agreement dated January 7, 2005 (as amended, the “Agreement”) through the earlier of (i) June 30, 2006 and (ii) the effective date of the plan of reorganization filed by the companies as such plan may be amended or modified. As a result of the extension, any references to March 31, 2006 in the Agreement will be deemed to be amended to refer to June 30, 2006. Except as noted in this letter, all other terms of the Agreement shall continue in full force and effect.
