Exhibit 10.32

 

CERTAIN PORTIONS OF THIS EXHIBIT HAVE BEEN AFFORDED CONFIDENTIAL TREATMENT UNDER
RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934. THE OMITTED MATERIALS HAVE
BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

 

AMENDMENT NO. 1 TO
DEVELOPMENT, SUPPLY AND SUBCONTRACTING AGREEMENT

 

This Amendment No. 1 to the Development, Supply and Subcontracting Agreement
(the “Agreement”), dated as of May 30, 2001, by and between American Bank Note
Holographics, Inc., a Delaware corporation (“ABNH”), with its principal place of
business at 2 Applegate Drive, Robbinsville, NJ  08691, and CFC International,
Inc., a Delaware corporation (“CFC”), with its principal place of business at
500 State Street, Chicago Heights, IL  60411, is entered into as of January 4,
2006. Capitalized terms used herein and not otherwise defined shall have the
meaning ascribed to such terms in the Agreement.

 

WHEREAS, ABNH and CFC are parties to the Agreement, under which ABNH currently
purchases from CFC, and CFC sells to ABNH, the HoloMag Foils as described in
Schedule A of the Agreement;

 

WHEREAS, ABNH has created custom HoloMag images for, and has entered into supply
agreements with [*], [*], [*] and [*] and is negotiating additional potential
supply agreements with other customers; and

 

WHEREAS, ABNH and CFC desire to amend certain terms of the Agreement.

 

NOW, THEREFORE, the parties covenant and agree as follows:

 

1.0                                 SECTION 1 OF THE AGREEMENT IS HEREBY AMENDED
AS FOLLOWS:

 

(I)                                     THE SENTENCE UNDER SECTION 1(B) THAT
READS “ABNH AGREES TO REMIT PAYMENT TO CFC WITHIN 30 DAYS FROM RECEIPT OF A
VALID INVOICE.” SHALL BE LABELED AND REFERRED TO AS SECTION 1(C).

 

(II)                                  SECTION 1(D) SHALL BE DELETED AND REPLACED
WITH THE FOLLOWING NEW SECTION 1(D): “ABNH AGREES TO PURCHASE * OF ITS HOLOMAG
FOIL FROM CFC SUBJECT TO THE SATISFACTION OF THE FOLLOWING CONDITIONS BY CFC ON
AN ONGOING BASIS: (I) CFC IS IN COMPLIANCE WITH ALL OF ITS OBLIGATIONS UNDER
THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO, THE PROCEDURES AND SPECIFICATIONS
SET FORTH IN THE ATTACHED AMENDED SCHEDULE A, (II) THE QUALITY OF THE HOLOMAG
FOIL PRODUCTS PRODUCED BY CFC IS COMPARABLE IN ALL MATERIAL RESPECTS TO ANY
ALTERNATIVE OR COMPETING PRODUCTS AVAILABLE IN THE MARKET, AND (III) CFC
COMPLIES WITH THE REASONABLE REQUESTS OF ABNH OR ITS CUSTOMERS PERTAINING TO
MODIFICATIONS IN PRODUCT FEATURES, QUALITY, SERVICE, SECURITY OR DELIVERY AS
LONG AS SUCH REQUESTS ARE CONSISTENT WITH INDUSTRY

 

--------------------------------------------------------------------------------

*  Confidential

 

--------------------------------------------------------------------------------

 

PRACTICE. IN THE EVENT THAT ABNH NOTIFIES CFC IN WRITING THAN CFC IS NOT IN
COMPLIANCE WITH THE CONDITIONS AND REQUIREMENTS SET FORTH IN THE FOREGOING
SENTENCE, CFC SHALL HAVE A PERIOD OF 45 DAYS FROM THE DATE OF SUCH NOTICE TO
CURE SUCH NON-COMPLIANCE. IF SUCH NON-COMPLIANCE IS NOT CURED WITHIN SUCH 45-DAY
PERIOD, ABNH SHALL HAVE THE RIGHT, BUT NOT THE OBLIGATION TO PROCURE OR
MANUFACTURE THE HOLOMAG FOILS OR ANY COMPONENT THEREOF FROM ANY OTHER SOURCE.”

 

2.0                                 SECTION 2 OF THE AGREEMENT IS HEREBY AMENDED
AS FOLLOWS:

 

(I)                                     THE SECOND PARAGRAPH OF PARAGRAPH (A)
THEREOF SHALL BE LABELED AND REFERRED TO AS SECTION 2(B). IN THE NEW 2(B),
INSERT ON LINE FIVE AFTER THE WORD “[*]” THE FOLLOWING: “OR ANY SECURITY
HOLOGRAM, HOLOGRAPHIC MAGNETIC STRIPE OR OTHER SECURITY DEVICE THAT COMPETES
WITH ANY PRODUCT CURRENTLY SUPPLIED BY ABNH TO THE AFOREMENTIONED ACCOUNTS,
INCLUDING BUT NOT LIMITED TO HOLOMAG. [*].”

 

(II)                                  THE FOLLOWING NEW SENTENCE SHALL BE ADDED
AT THE END OF SECTION 2(B):  “TO THE EXTENT THERE IS AN INCONSISTENCY BETWEEN
ANY PURCHASE ORDERS SUBMITTED BY ABNH AND THE TERMS OF THIS AGREEMENT, THE TERMS
OF THIS AGREEMENT SHALL PREVAIL. CFC REPRESENTS THAT ITS MAXIMUM MANUFACTURING
CAPABILITIES ARE [*]. ABNH WILL NOT ORDER MORE THAN CFC’S MAXIMUM CAPABILITIES
IN ANY MONTH UNLESS THE PARTIES MUTUALLY AGREE TO AN INCREASED AMOUNT.”

 

3.0                                 SECTION 3 OF THE AGREEMENT IS HEREBY AMENDED
AS FOLLOWS:

 

Section 3(a) is hereby deleted, and replaced by the following: “Effective on
January 4, 2006 (“Amendment No. 1 Effective Date”), the Agreement shall renewed
for a period of five (5) years (the “Term”), and shall automatically renew for
successive terms of five (5) years unless either party provides the other Party
not less than six (6) months notice of non-renewal thereof prior to the end of
the then current Term.”

 

4.0                                 SECTION 9 IS HEREBY AMENDED BY DELETING
PARAGRAPHS (A) AND (B) AND REPLACING IT WITH THE FOLLOWING:

 

(A)                                  IF TO ABNH AT:

 

American Bank Note Holographics, Inc.
2 Applegate Drive
Robbinsville, NJ  08691
Attention:  Chief Executive Officer
Telephone:  (609) 632-0800
Facsimile:  (609) 632-0850

 

--------------------------------------------------------------------------------

* Confidential

 

--------------------------------------------------------------------------------

 

with a copy to:

 

Fulbright & Jaworski L.L.P.
666 Fifth Avenue
New York, NY  10103-3198
Attention:  Paul Jacobs, Esq.
Facsimile:  (212) 318-3400

 

(B)                                 IF TO CFC AT:

 

500 State Street
Chicago Heights, IL  60411
Attention:  Dennis Lakomy, Chief Financial Officer
Facsimile:  (708) 758-3976

 

with a copy to:

 

Holland & Knight LLP
One Mid America Plaza, Suite 1000
Oakbrook Terrace, IL  60181-4710
Attn:  Carl Neumann, Esq.
Facsimile:  (630) 954-2112

 

5.0                                 A NEW SECTION 18 IS HEREBY ADDED AS FOLLOWS:

 

18.           Schedule B Price Adjustments.

 

[*]

 

All measurements of the Index will take place on the last published data for the
year end. Any price adjustments will be retroactive to January 1 of the year
following the year applicable to the Annual Index Change.

 

6.0                                 A NEW SECTION 19 IS HEREBY ADDED AS FOLLOWS:

 

19.           ABNH HoloMag facility

 

CFC agrees that ABNH may build or operate its own HoloMag production facility.
After ABNH commences operations of its facility, ABNH will be entitled to
produce its own HoloMag Foil requirements. After ABNH commences operations of
its facility, ABNH will purchase at least 15% of its total finished HoloMag Foil
requirements from CFC and will not purchase such requirements from a third
party, subject to the satisfaction of the following conditions by CFC on an
ongoing basis: (i) CFC is in compliance with all of its obligations under this
Agreement including but not limited to the procedures and specifications set
forth in the attached Amended Schedule A, (ii) the quality of the HoloMag
product, or

 

--------------------------------------------------------------------------------

*Confidential

 

--------------------------------------------------------------------------------

 

ingredients as applicable, produced by CFC is comparable in all material
respects to any alternative or competing products available in the market, and
(iii) CFC complies with reasonable requests of ABNH or its customers pertaining
to modifications in product features, quality, service, security or delivery as
long as such requests are consistent with industry practice. Subject to the
foregoing conditions, ABNH also intends to purchase other ingredients or
materials from CFC as required in ABNH’s sole discretion. The parties understand
that ABNH does not currently intend to solicit assistance from CFC in the design
or operation of ABNH’s HoloMag facility, but in the event that ABNH requests
such assistance, the parties will negotiate in good faith the terms of an
agreement for such assistance.

 

7.0                                 A NEW SECTION 20 IS HEREBY ADDED AS FOLLOWS:

 

20.           Product Changes

 

If ABNH requires a change in the product features of specifications that
materially changes the product from what is contemplated under Amended Schedule
A, CFC and ABNH will use their best efforts to cooperate on the required
changes. If such changes in the features or specifications result in an increase
in cost to CFC, then CFC and ABNH will negotiate in good faith an increase in
price, which shall reflect the increase in cost to CFC plus a reasonable margin.

 

8.0                                 A NEW SECTION 21 IS HEREBY ADDED AS FOLLOWS:

 

21.           Insurance

 

CFC shall procure the following insurance coverage at its own expense with
respect to the manufacture of HoloMag. Such insurance shall be issued by
financially responsible and property licensed insurance carriers rated at least
A VIII by Best’s Rating Guide (or otherwise acceptable to ABNH and its
customers) and with minimum limits as set forth below. Such insurance shall be
maintained in full force and effect for the duration of this Agreement and my
renewals thereof:

 

WORKERS’ COMPENSATION:  Statutory Workers Compensation as required by applicable
law.

 

EMPLOYER’S LIABILITY with a minimum limit of $1,000,000.

 

COMMERCIAL GENERAL LIABILITY INSURANCE:  including PRODUCTS, COMPLETED
OPERATIONS including CONTRACTUAL LIABILITY INSURANCE with the following minimum
limits for Bodily Injury and Property Damage on an Occurrence basis: $1,000,000
per occurrence and $2,000,000 annual aggregate.

 

--------------------------------------------------------------------------------

 

COMMERCIAL AUTOMOBILE INSURANCE including owned, leased, hired or non-owned
autos subject to minimum limits of $1,000,000 for bodily injury and physical
damage.

 

COMMERCIAL EXCESS/UMBRELLA LIABILITY INSURANCE subject to minimum limits of
$5,000,000 for bodily injury and physical damage.

 

CRIME/FIDELITY BOND including employee dishonesty, robbery, fraud, theft,
forgery, alteration, mysterious disappearance and destruction. The minimum limit
shall be $1,000,000 per loss.

 

PROFESSIONAL LIABILITY for negligent acts, errors or omissions in connection
with the services provided under this agreement with a minimum limit of
$1,000,000 per occurrence.

 

If any of the above insurance is written on a claims-made basis, then CTC shall
maintain such insurance for five (5) years after the termination of this
Agreement.

 

Without limiting CFC’s indemnification duties as outlined herein. ABNH and its
designated customers shall be named as an additional insured under the
Commercial General Liability, Commercial Automobile Liability and Commercial
Excess/Umbrella Liability listed above for any claims and losses arising out of,
allegedly arising out of or in any way connected to CFC’s manufacture of HoloMag
under this Amended Agreement. The insurers shall agree that CFC’s insurance is
primary and any insurance maintained by ABNH or its customers shall be excess
and non-contributing to CFC’s insurance.

 

Annually, CFC shall furnish a certificate, satisfactory to ABNH from each
insurance company evidencing that the above insurance is in force in compliance
with the terms of this insurance section, stating policy numbers, dates and
expiration and limits of liability, and further providing than the insurance
will not be canceled or materially changed until the expiration of at least
thirty (30) days after written notice of such cancellation or change has been
mailed to and received by ABNH. Fulfillment of obligations to procure insurance
shall not otherwise relieve CFC of any liability hereunder or modify CFC’s
obligations to indemnify ABNH. In the event the above insurance requirements are
not met, ABNH, may at its option, purchase such coverage at the expense of CFC.

 

WAIVER OF SUBROGATION:  CFC agrees to waive subrogation against ABNH and its
customers for any injuries to its employees arising out of or in any way related
to CFC’s manufacture of HoloMag under this Agreement or for damage or loss to
CFC’s personal property. Further, CFC agrees that it shall ensure that the
Workers’ Compensation/Employer’s Liability and All Risk Replacement Cost
(Property) insurers, providing the coverage required above, agree to waive
subrogation, in favor of ABNH and its customers, for any claims arising out of
or in any way connected to CFC’s performance of the manufacture

 

--------------------------------------------------------------------------------

 

of HoloMag under this Agreement or property covered by CFC’s property insurance.

 

9.0                                 SCHEDULE A OF THE AGREEMENT IS HEREBY
DELETED AND REPLACED WITH THE ATTACHED AMENDED SCHEDULE A.

 

10.0                           SCHEDULE B OF THE AGREEMENT IS HEREBY DELETED AND
REPLACED WITH THE ATTACHED AMENDED SCHEDULE B AN B1. THE PRICES SET FORTH ON
AMENDED SCHEDULE B AND B1 SHALL TAKE EFFECT RETROACTIVELY TO NOVEMBER 1, 2005.
SINCE ABNH HAS BEEN ORDERING PRODUCT BASED ON THE SCHEDULE B PRICES THEN IN
EFFECT, PROMPTLY AFTER THE EXECUTION OF THIS AGREEMENT, CFC WILL BILL ABNH FOR
THE DIFFERENCE IN PRICE BETWEEN SCHEDULE B AND AMENDED SCHEDULE B FOR ANY
PRODUCTS ORDERED BY ABNH STARTING ON NOVEMBER 1, 2005 THROUGH THE EFFECTIVE DATE
OF THIS AGREEMENT.

 

11.0                           GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED
BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE
OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS.

 

12.0                           COUNTERPARTS. THIS AMENDMENT MAY BE EXECUTED IN
COUNTERPARTS AND ALL COUNTERPARTS SHALL CONSTITUTE ONE DOCUMENT, NOTWITHSTANDING
THAT ALL THE PARTIES MAY NOT BE SIGNATORIES TO THE SAME COUNTERPART.

 

13.0                           ENTIRE AGREEMENT. EXCEPT AS EXPRESSLY PROVIDED
HEREIN, THE AGREEMENT SHALL REMAIN UNCHANGED AND IN FULL FORCE AND EFFECT. BOTH
PARTIES ARE OBLIGATED TO COMPLY WITH ALL OF THE TERMS OF THE AGREEMENT
(INCLUDING WITHOUT LIMITATION AS AMENDED BY THIS AMENDMENT) UNLESS SPECIFICALLY
WAIVED OR MODIFIED IN WRITING. THE FAILURE TO ENFORCE ANY SPECIFIC TERM OF THE
AGREEMENT DOES NOT CONSTITUTE A WAIVER OF A BREACH OF THE AGREEMENT. [*].

 

[Signature page follows]

 

--------------------------------------------------------------------------------

* Confidential

 

--------------------------------------------------------------------------------

 

 

IN WITNESS WHEREOF, the undersigned have hereby executed this Amendment as of
the date first set forth above.

 

 

AMERICAN BANK NOTE HOLOGRAPHICS, INC.

 

 

 

 

 

By:

/s/ Kenneth H. Traub

 

 

 

Name:

Kenneth H. Traub

 

 

Title:

President and CEO

 

 

 

 

 

CFC INTERNATIONAL, INC.

 

 

 

 

 

By:

/s/ Roger Hruby

 

 

 

Name:

Roger Hruby

 

 

Title:

Chairman

 

--------------------------------------------------------------------------------

 

AMENDED SCHEDULE A

 

PROCEDURES AND SPECIFICATIONS FOR CFC PRODUCTION OF HOLOMAG™ FOILS

 

In connection with the Development, Supply and Subcontracting Agreement signed
by American Bank Note Holographics, Inc. (“ABNH”) and CFC International, Inc.
(“CFC”) (jointly, the “Parties”) on May 30, 2001, as amended on January 4, 2006,
the schedule below sets forth the material production procedures, specifications
and security procedures for CFC to follow in the manufacture of the HoloMag™
Foils for ABNH’s requirements.

 

1.             Production Procedures

 

The sequence of steps for the manufacture of the HoloMag™ Foils is set forth
below:

 

(A)                                  [*]

 

(B)                                 [*]

 

(C)                                  [*]

 

(D)                                 [*]

 

(E)                                  [*]

 

(F)                                    [*]

 

(G)                                 [*]

 

(H)                                 [*]

 

(I)                                     [*]

 

(J)                                     [*]

 

2.             Product Specifications

 

The HoloMag™ Foils shall have the following specifications:

 

(A)                                  [*]

 

(I)                                     [*]

 

(II)                                  [*]

 

(B)                                 [*]

 

--------------------------------------------------------------------------------

* Confidential

 

--------------------------------------------------------------------------------

 

(I)                                     [*]

 

(II)                                  [*]

 

(III)                               [*]

 

(IV)                              [*]

 

(C)                                  [*]

 

(I)                                     [*]

 

(II)                                  [*]

 

(III)                               [*]

 

(D)                                 [*]

 

(I)                                     [*]

 

(II)                                  [*]

 

(III)                               [*]

 

(IV)                              [*]

 

(V)                                 [*]

 

(VI)                              [*]

 

3.             Security Procedures

 

(A)                                  CFC WILL COMPLY WITH ALL OF THE PROCEDURES
SET FORTH BELOW AS WELL AS THE REQUESTS OF ABNH’S CUSTOMERS AS LONG AS THOSE
REQUESTS ARE CONSISTENT WITH THE NORMAL AND CUSTOMARY SECURITY REQUIREMENTS FOR
SUCH CUSTOMERS’ SECURE VENDORS AND ARE CONSISTENT WITH ALL FEDERAL, STATE AND
LOCAL REQUIREMENTS.[*]:

 

(I)                                     [*]

 

(II)                                  ABNH AND ITS CUSTOMERS WILL CONDUCT
PERIODIC SECURITY INSPECTIONS OF CFC’S FACILITIES TO CONFIRM THAT CFC’S FACILITY
COMPLIES WITH ABNH SECURITY REQUIREMENTS AS SET FORTH HEREIN (THE “SECURITY
INSPECTION”).

 

(III)                               [*]

 

--------------------------------------------------------------------------------

* Confidential

 

2

--------------------------------------------------------------------------------

 

(IV)                              [*]

 

(V)                                 ALL CORRECTIVE ACTIONS MUST BE MADE BY CFC
PRIOR TO RUNNING ANY FURTHER SECURITY JOBS FOR ABNH.

 

(B)                                 [*]

 

[*]:

 

(I)                                     [*]

 

(II)                                 

 

(III)                               [*]

 

(iv)          [*]

 

(C)                                  PHYSICAL SECURITY PROCEDURES

 

(I)                                     HIGH SECURITY AREAS. ANY AREA OF CFC’S
FACILITY, WHICH TEMPORARILY OR PERMANENTLY STORES ANY HOLOMAG™ FOILS OR IN WHICH
WORK ON ANY HOLOMAG FOILS MAY BE PERFORMED, IS A HIGH SECURITY AREA (“CFC HIGH
SECURITY AREA”). IN EVERY CFC HIGH SECURITY AREA, CFC MUST MAINTAIN A LEVEL OF
PHYSICAL SECURITY THAT INCLUDES:

 

[*]

 

(II)                                  [*]

 

(III)                               [*]

 

(iv)          [*]

 

(v)           [*]

 

(vi)          [*]

 

(D)                                 OBLIGATIONS FOLLOWING INITIAL SECURITY
CERTIFICATION

 

(I)                                     CFC MUST BE IN COMPLIANCE WITH INDUSTRY
STANDARDS AT ALL TIMES AND MUST NOTIFY ABNH PRIOR TO REDEFINING OR MAKING
IMPORTANT CHANGES TO THE SECURITY PROCEDURES OR SECURITY DEVICES THAT WERE IN
PLACE AT THE MOST RECENT SECURITY INSPECTION.

 

--------------------------------------------------------------------------------

* Confidential

 

[Signature page follows]

 

3

--------------------------------------------------------------------------------

 

IN WITNESS WHEREOF, the undersigned have hereby executed this Agreement as the
date first set forth above.

 

 

AMERICAN BANK NOTE HOLOGRAPHICS, INC.

 

 

 

 

 

 

By:

/s/ Kenneth H. Traub

 

 

Name: Kenneth H. Traub

 

 

Title:   President and CEO

 

 

 

CFC INTERNATIONAL, INC.

 

 

 

 

 

By:

/s/ Gregory Jehlik

 

 

Name: Gregory Jehlik

 

 

Title:   President and CEO

 

--------------------------------------------------------------------------------

 

FIGURE A-1

 

DIAGRAM

 

[*]

 

--------------------------------------------------------------------------------

* Confidential

 

--------------------------------------------------------------------------------

 

Amended Schedule B

 

HOLOMAG™ PRICING
[*]
PRICES BASED ON AGGREGATE OF P/O’S ISSUED AT THE SAME TIME

 

HICO - SILVER

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

HICO - TINTED (GOLD OR OTHER)

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

LOCO - SILVER

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

LOCO - TINTED (GOLD OR OTHER)

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

--------------------------------------------------------------------------------

*Confidential

 

--------------------------------------------------------------------------------

 

Amended Schedule B1

 

HOLOMAG™ PRICING [*] PRICES BASED ON AGGREGATE OF P/O’S ISSUED AT THE SAME TIME

 

HICO – SILVER

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

HICO - TINTED (GOLD OR OTHER)

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

LOCO - SILVER

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

LOCO - (GOLD OR OTHER)

 

 

 

1/2”

 

1/3”

 

Volume

 

Price/TI

 

Price/Roll

 

Price/TI

 

Price/Roll

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

--------------------------------------------------------------------------------

*Confidential

 

--------------------------------------------------------------------------------

 

ABNH may implement the arrangement in this Amended Schedule B1 at any time for
any proportion of its requirements and will notify CFC accordingly.

 

--------------------------------------------------------------------------------

 

 

SCHEDULE C

(Rev. 010406A)

 

ABNH PART #

 

CFC PART #

 

DESCRIPTION

 

COERCIVITY

 

WIDTH

 

TRACK

 

LCP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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*Confidential

 

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