EXHIBIT 10.5                 

     Employment Agreements have been executed by the Company and the indicated
employees, each substantially identical in all material respects to the form of
employment agreement filed as Exhibit 10.5 to the Company's 2001 Annual Report
on Form 10-K except as noted below.

 

EMPLOYEE 
AND POSITION

BASE 
SALARY

DATE OF AGREEMENT

TERMINATION DATE OF AGREEMENT
[IF NOT EXTENDED PURSUANT TO SECTION 1(a)]

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   Gordon S. Borteck
      Vice President,Organization
       and Human Resources

$

200,000 

January 1, 2002

June 30, 2003

   Alain Bouruet-Aubertot
      Senior Vice President - Minteq

$

250,000

November 25, 2002

May 31, 2004

   Michael A. Cipolla
     Controller and Chief
     Accounting Officer

$

 

160,000

March 1, 2001

 

                         February 28, 2002

   Howard R. Crabtree
      Senior Vice President, Minteq
     (Senior Vice President -
     Technology and Logistics
     as of January 23, 2003)

$

275,000 

January 1, 2002
(amended on
November 25, 2002)

June 30, 2003

   Anton Dulski
     Executive Vice President

$

400,000

February 1, 2002

                          January 31, 2004

   S. Garrett Gray
      Vice President, General
      Counsel and Secretary

$

250,000

March 1, 2001

                           July 31, 2002

   D. Randy Harrison
      Vice President and General
       Manager, Performance Minerals

$

200,000 

January 1, 2002

June 30, 2003

   William Kromberg 
      Vice President - Taxes

$

 

200,000

March 1, 2001

                         February 28, 2002

   Kenneth Massimine
      Senior Vice President, 
      Paper PCC

$

240,000 

January 1, 2002

June 30, 2003

   Paul R. Saueracker
     Chairman, President and
     Chief Executive Officer

$

550,000 

January 1, 2002

December 31, 2003

   John A. Sorel
      Senior Vice President, Corporate 
      Development and Finance
      (Senior Vice President - Finance,
      Chief Executive Officer and
      Treasurer as of November 25,
      2002)

$

265,000 

January 1, 2002 (amended on
November 25, 2002)

June 30, 2003