----

|            |                                       | Page     |
|-----------------|--------------------------------------------|----------|
|            |                                       |     |
| 1.0             | References      and Definitions            | 4        |
|            |                                       |     |
| 2.0             | Term                                       | 4        |
|            |                                       |     |
| 3.0             | Supply of Ammonia by Orica            | 5        |
|            |                                       |     |
| 4.0             | Supply of AN by EDC                        | 8        |
|            |                                       |     |
| 5.0             | Representations      and Warranties        |  11 |
|            |                                       |     |
| 6.0             | Ammonia Purity and Warranty                | 13       |
|            |                                       |     |
| 7.0             | AN Purity and Warranty                     | 14       |
|            |                                       |     |
| 8.0             | Remedies for Noncompliance                 | 15       |
|            |                                       |     |
|        9.0 | Quantity Measurement                  |  16 |
|            |                                       |     |
| 10.0            | Ammonia      Delivery, Risk and Title      |  17 |
|            |                                       |     |
| 11.0            | AN Delivery, Risk and Title                | 17       |
|            |                                       |     |
| 12.0            | Intentionally Left Blank              |  18 |
|            |                                       |     |
| 13.0            | Contract Administration                    | 18       |
|            |                                       |     |
| 14.0            | Payments                                   | 19       |
|            |                                       |     |
| 15.0            | Force Majeure                              | 22       |
|            |                                       |     |
| 16.0            | Termination                                | 22       |
|            |                                       |     |
| 17.0            | Hardship                                   | 24       |
|            |                                       |     |
| 18.0            | Insurance                             | 24       |
|            |                                       |     |
| 19.0            |  Dispute Resolution                   | 27       |
|            |                                       |     |
| 20.0            | Confidential Information and Announcements | 27       |
|            |                                       |     |
| 21.0            | Security Interest                          | 29       |
|            |                                       |     |
| 22.0            | Safety,      Health and Environment   | 29       |
|            |                                       |     |
|            |                                       |     |
|            |                                       |     |
|            |                                       |     |
|            |                                       |     |
|            |                                       |     |

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| 23.0   | Communications                 | 31       |
|--------|-------------------------------------|----------|
|   |                                |     |
| 24.0   | Headings                       | 32       |
|   |                                |     |
| 25.0   | Rules      of Interpretation   | 33       |
|   |                                |     |
| 26.0   | Governing      Law                  | 33       |
|   |                                |     |
| 27.0   | Assignment      and Sale       | 33       |
|   |                                |     |
| 28.0   | Time      of Essence                | 34       |
|   |                                |     |
| 29.0   | Effect      of this Agreement  | 34       |
|   |                                |     |
| 30.0   | Waiver                              | 34       |
|   |                                |     |
| 31.0   | Amendment      and Severability     | 35  |
|   |                                |     |
| 32.0   | Entire      Agreement               | 35  |
|   |                                |     |
|   |                                |     |

| Schedule      “A” | Definitions |
|-------------------------------|-------------|

| Schedule      “B” | Product      Specifications |
|-------------------------------|-----------------------------|

| Schedule      “C” | *** |
|-------------------------------|-----|

| Schedule      “C-1”  | Year      2010 Annual Budget |
|---------------------------------------|------------------------------|

| Schedule      “D” | Measurement      of Ammonia and Ammonium NitrateDeliveries |
|-------------------------------|------------------------------------------------------------|

| Schedule      “E”  | Types      of Unusual Incidents to be Reported toOrica |
|-------------------------------------|--------------------------------------------------------|

| Schedule      “F” | True      Up Report |
|-------------------------------|---------------------|

| Schedule      “G” | Capital      Cost Recovery for Specified Assets |
|-------------------------------|-------------------------------------------------|

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| (a) | Orica      requires AN Prills, HDAN and AN Solution for its commercial explosives      business; and |
|-----|------------------------------------------------------------------------------------------------------|

| (b) | EDC      wishes to manufacture AN Prills, HDAN and AN Solution for delivery to      Orica. |
|-----|--------------------------------------------------------------------------------------------|

| 1.0   | REFERENCES      AND DEFINITIONS |
|-----------------|---------------------------------|

| 1.1   | Capitalized      words used in this Agreement and in the Schedules hereto, unless otherwise      defined herein, have the definition given to those words in Schedule      “A”. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2   | This      Agreement has the following Schedules which are a part    hereof: |
|-----------------|-----------------------------------------------------------------------------|

|   | Schedule      “C” | ***      Calculation and *** Calculation |
|--------|-------------------------------|------------------------------------------|

|   | Schedule      “D” | Measurement      of Ammonia and Ammonium NitrateDeliveries |
|--------|-------------------------------|------------------------------------------------------------|

|   | Schedule      “F” | True      Up Report |
|--------|-------------------------------|---------------------|

|   | Schedule      “G” | *** |
|--------|-------------------------------|-----|

| 2.0   | TERM |
|-----------------|------|

| 2.1   | This      Agreement shall become effective as of January 1, 2010 and, unless earlier      terminated in accordance with the provisions hereof, shall continue for an      initial term (“Initial Term”) ending on December 31, 2014. Thereafter the      term of this |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 2.2   | Notwithstanding      the termination of this Agreement, the unfulfilled rights and undischarged      obligations of the parties that accrue during the Term shall continue      following the termination hereof until the same are fulfilled or      discharged. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.0   | SUPPLY      OF AMMONIA BY ORICA |
|-----------------|---------------------------------|

| 3.1 | The      current term of the Koch Ammonia Agreement expires on December 31,      2010.  The Koch Ammonia Agreement contemplates that EDC will      purchase approximately 45,000 Tons of Ammonia that will be used in the      production of AN to be purchased by Orica under this      Agreement.  . The cost to EDC of such Ammonia shall be included      in the amounts owed by Orica to EDC under Section 14.2.1 (a) of this      Agreement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.1 | Orica      is not and shall not be deemed to be a party to the Koch Ammonia      Agreement. |
|-------|---------------------------------------------------------------------------------------------|

| 3.1.2 | Orica      acknowledges and agrees that, prior to December 31, 2010, Orica shall not      be permitted to supply its own Ammonia in substitution for the 45,000 Tons      of Ammonia to be supplied under the Koch Ammonia Agreement nor require EDC      to supply the 50,000 Tons of Ammonia Orica will supply from another      supplier, in either case without the consent of  KNC/KNI. |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.3 | EDC      will provide to Orica material information in EDC’s possession regarding      the operation of the Koch Ammonia Agreement and will provide copies to      Orica of any material notices or other correspondence EDC receives from or      issues to KNC/KNI in respect of the Koch Ammonia  Agreement. |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.4 | EDC      shall consult with Orica prior to the exercise by EDC of any of the rights      conferred upon it pursuant to Sections I.H, VI.D, VII.A, XI.B, XII and XIV      of the Koch Ammonia Agreement. |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.5 | EDC      shall not, without obtaining Orica’s prior written approval, exercise any      of the rights conferred upon it pursuant to Sections I.P, II.B, III.B      (unless the resale, transfer, exchange or assignment does not affect      Ammonia to be supplied to Orica), V.B, or XV (unless any such amendment      has no effect on Orica) of the Koch Ammonia Agreement relating to the      45,000 Tons of Ammonia to be supplied by EDC to Orica prior to December      31, 2010. |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3.1.6 | EDC      shall be solely responsible for any costs or expenses claimed against EDC      by KNC/KNI pursuant to Article XI Section A of the Koch Ammonia Agreement,      except to the extent that any such costs or expenses are directly      attributable to any failure by Orica to timely make payment to EDC in      accordance with Section 3.6 of thisAgreement. |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.7 | Notwithstanding      any other provision of this Agreement and unless otherwise agreed in      writing, EDC shall not be obligated to supply Ammonia hereunder for the      manufacture of AN for Orica (a) if EDC fails to provide Ammonia prior to      December 31, 2010 but such failure is not caused by any default of EDC      under the Koch Ammonia Agreement or (b) after December 31,      2010. |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | Prior      to December 31, 2010, Orica will supply 50,000 Tons of Ammonia to EDC from      a supplier other than KNI/KNC and EDC agrees to accept deliveries of such      Ammonia in the same manner as in Section 3.4 of this      Agreement.  The cost to EDC of such Ammonia shall be included in      the amounts owed by Orica to EDC under Section 14.2.1 (b) of this      Agreement. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.3 | From      and after January 1, 2011, to the extent Ammonia is available from EDC’s      supplier or suppliers at costs acceptable to Orica (which shall not exceed      EDC’s delivered to the EDC Site cost of Ammonia from EDC’s supplier), EDC      shall acquire up to 58,000 Tons of Ammonia for use to manufacture AN for      Orica under this Agreement for such periods as shall be requested by      Orica. For the 58,000 Tons of Ammonia EDC is supplying, Orica shall give      EDC at least 45 days’ advance notice of the quantities of Ammonia Orica      requires EDC to acquire to be used by EDC for manufacturing AN for      Orica.  The cost to EDC of such Ammonia shall be included in the      amounts owed by Orica to EDC under Section 14.2.1 (a) of this      Agreement. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.4 | From      and after January 1, 2011, and subject to the terms and conditions hereof,      Orica shall  supply to EDC, and EDC shall receive from Orica, up      to 58,000 Tons of Ammonia from a supplier other than KNI/KNC at the times      as required by EDC for conversion by EDC to meet Orica’s demand for AN      hereunder.  EDC shall provide Orica with at least 30 days’      advance notice of (a) the quantities of Ammonia it requires during the      succeeding one-month period to meet Orica’s demand for AN and (b) the      required delivery dates of such Ammonia.  The parties shall      cooperate in arranging such Ammonia deliveries.  Upon delivery      Orica shall sell such Ammonia to EDC and EDC shall pay Orica for such      Ammonia on or before the first day of the second Month succeeding the      Month in which such Ammonia was delivered to EDC by Orica e.g. January      Ammonia deliveries are paid for on March 1st. The      cost to EDC of such Ammonia shall be included in the amounts owed by Orica      to EDC under Section 14.2.1 (b) of this  Agreement. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.5 | If      when Orica is supplying Ammonia, Orica is unable to supply the required      Ammonia, or if when EDC is supplying Ammonia, EDC is unable to acquire and      supply sufficient Ammonia from its supplier, Orica may request EDC to      utilize |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3.6 | If      EDC is supplying Ammonia from its supplier, Orica shall reimburse EDC for      its actual out of pocket delivered to the EDC Site cost of such Ammonia      within the earlier of (a) eighteen (18) days from the Monday during the      week KNC’s /KNI’s invoice is prepared under the Koch Ammonia Agreement and      faxed to EDC, or (b) three (3) days before the date required by the      payment terms in the Koch Ammonia Agreement. If the payment due date is      not a Business Day,  Orica shall make the payment on the next      Business Day. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.7 | Based      on the current Ammonia conversion efficiency of the EDC Plant and with the      current onsite equipment, the parties agree that for each Ton of AN to be      manufactured by EDC for Orica, EDC will require *** of a Ton of Ammonia      which shall include the Ammonia utilized in the SCR abatement      system. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.8 | When      Orica is independently sourcing and delivering Ammonia to the EDC Site,      and for the purpose of storing that Ammonia, Orica shall be entitled to      use 35% of the available Ammonia storage capacity at EDC’s Site during the      Term.  As of the date of this Agreement, such useable Ammonia      storage capacity is 10,000 Tons and so Orica is entitled to use storage      capacity of 3,500 Tons.  EDC shall at all times during the Term      when Orica is supplying its own ammonia to the EDC Site, maintain an      aggregate Ammonia storage capacity available to Orica at the EDC Site of      at least 3,500 Tons, less any temporary reduction in Ammonia storage      capacity as required by safety, inspection and maintenance      procedures.  EDC shall use its commercially reasonable efforts      to limit the duration of any such storage capacity      reductions.  If Orica requires additional ammonia storage      capacity to be installed at the EDC Site, this requirement shall be      subject to a future negotiation between the parties.  When Orica      is using EDC’s Ammonia storage facilities for Orica’s benefit, Orica will      pay to EDC the pro-rata variable and *** associated with the operation of      these facilities. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.1 | During      the Term, EDC shall reserve for Orica under this Agreement at the EDC Site      and the EDC Plant: |
|-----|----------------------------------------------------------------------------------------------------------------|

----

| 4.2 | EDC      shall use its commercially reasonable efforts to ensure that the EDC Site      and EDC Plant are capable of manufacturing the Reserved Capacity at all      times during the Term, and that sufficient nitric acid manufacturing      capacity at the EDC Site is at all times made available during the Term to      allow the manufacturing of the Reserved Capacity, provided that Orica      supplies, directly or through EDC, the necessary Ammonia to the EDC      Site.  During the Term, EDC shall operate the EDC Site in      substantial compliance with all applicable Laws and good industry      practices, and with all agreements relating thereto or by or to which EDC      is bound or a party.  The parties acknowledge and agree that      Orica shall not participate in, or have any control over, the AN      manufacturing process. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | Orica      shall determine the rate at which the AN Prills Plant will operate      provided that Orica will endeavor to avoid and minimize both the frequency      and duration of any cessation of production.  Cessation and      resumption of production will be subject to the  following: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a)  Orica      will provide no less than: |
|--------|------------------------------------------------------|

|   | (i)      2 days notice to EDC to have AN Prills production reduced or increased by      up to 10%; |
|--------|----------------------------------------------------------------------------------------------------|

|   | (ii)      5 days notice to EDC to have AN Prills production reduced by an amount      over 10% down to the minimum production rate of approximately 400 Tons per      day, or increased by an amount over 10% up to the maximum production rate      of approximately 900 Tons per day, such production rates being subject to      the impact of seasonal (ambient temperature and humidity) effects on the      process and the availability of higher strength nitric acid to achieve a      minimum AN Solution strength of 88 percent;and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii)      10 days notice to EDC to have AN Prills production      shutdown.  Upon receipt of such notice, and if EDC is supplying      Ammonia to Orica, EDC will provide notice to its then-current Ammonia and      Ammonia pipeline transportation supplier(s) of the reduction of Ammonia      demand. Orica’s notice to EDC will also specify the expected duration of      the shutdown, if known, and Orica must give EDC 4 days notice prior to      Orica’s requested date for restart of the AN Prills      Plant.  During a cessation of production, EDC shall obtain      Orica’s approval prior to commencing any optional maintenance or optional      repair work which cannot be completed within 4 days from receiving an      Orica notice to restart the AN PrillsPlant. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b)      In order to enable EDC to mitigate costs resulting from a production      shutdown at the AN Prills Plant, Orica will use reasonable efforts to      provide EDC with as |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4.4 | Orica      shall pay to EDC the *** calculated in accordance with Schedule “C” hereof      for each Ton of Ammonium Nitrate delivered to Orica which conforms to the      Specifications set forth in Schedule “B” hereto and otherwise in      accordance with this Agreement.  Orica shall also pay to EDC the      *** as set forth in Schedule “C”hereto. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.5 | Provided      that Orica timely supplies Ammonia in the quantities required and meeting      the quality specifications set forth in Schedule “B” hereto, and Orica is      otherwise in compliance with this Agreement, EDC shall deliver to Orica AN      produced by EDC in the quantities and at the times required by Orica and      provided for herein, except to the extent excused by the terms of this      Agreement or any applicable Law prohibiting or preventing the manufacture      of AN generally, but in no event at a rate in excess of the operating      capacity of the EDC Plant and quantities that can be shipped from any      storage. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.6 | No      changes shall be made by EDC to the additives in, or the coatings on, the      AN Prills without prior written notice to and the prior written consent of      Orica. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.7 | The      Ammonium Nitrate supplied to Orica shall be in the form of AN Solution, AN      Prills and/or HDAN.  Orica may elect to take the AN as AN      Prills, HDAN or AN Solution, at its discretion and as designated by Orica      at least 15 days in advance of the first day of a production Month,      provided however that Orica shall have the right to take a maximum Yearly      quantity of 12,000 Tons of HDAN and a maximum Monthly quantity of 1,000      Tons of HDAN as part of the Reserved Capacity and at the pricing for HDAN      in Schedule “C” hereto.  At Orica’s request and at EDC’s      election, EDC may supply additional quantities of HDAN to Orica for use in      the commercial explosives industry at the pricing for HDAN in Schedule “C”      hereto which quantities above 12,000 Tons of HDAN per Year, if supplied,      shall not be part of the Reserved Capacity.  EDC and Orica      acknowledge that the mix of AN designated by Orica may vary from Month to      Month but in no event shall the AN Prills volume designated by Orica for a      Month exceed the AN Prills Plant capacity for a Month.  For      purposes of the AN to be delivered underthis |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4.8 | Orica      shall be the sole marketer to the commercial explosives industry of AN      Solution and AN Prills manufactured at the EDC Site. Orica shall be the      sole marketer to the commercial explosives industry of HDAN manufactured      at the EDC Site and destined for use in the United States, Canada and      Mexico (“North America”).  EDC shall refer to Orica any      inquiries EDC receives during the Term concerning the supply by EDC of AN      from the EDC Site to commercial explosives customers for use in North      America.  Subject to Section 4.7 above, Orica shall have the      right to purchase HDAN, at the HDAN price herein, for use in the      commercial explosives industry outside North America.  EDC will      not sell any nitric acid manufactured at the EDC Site to anyone for use in      North America if EDC knows that such party will use such nitric acid for      the manufacture of AN Solution for conversion into emulsion explosives,      provided that nothing herein is intended to prevent or limit the sale by      EDC of nitric acid or nitric acid mixtures for use in the production of      ordnance or for use in the production of nitrated explosives for the      commercial explosives industry.  However if regulatory changes      occur in the United States after the date of this Agreement which changes      have the effect of totally or substantially preventing the manufacture of      HDAN at the EDC Site, or substantially negatively impact the commercial      viability of the sale or distribution of HDAN from the EDC Site, with the      result that EDC’s requirement for nitric acid for use to manufacture HDAN      is substantially lessened, then if EDC desires to sell such nitric acid      for use in the production of commercial explosives, EDC will offer such      available nitric acid to Orica and if Orica elects not to purchase such      nitric acid, then EDC shall be free to sell such nitric acid without      restriction. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.9 | All      AN Prills supplied to Orica shall be manufactured using EDC’s current      technology, and shall meet the specifications set forth in the AN Prill      Specifications set forth on Schedule “B” hereto  Orica’s rights      and EDC’s liabilities and obligations with respect to AN Prills which do      not meet the AN Prill Specifications shall be governed by      Section 8.1. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.1.1 | EDC      is duly organized, validly existing, and in good standing under the laws      of the State of Oklahoma, and has all requisite power and authority to own      and lease the properties and assets it currently owns and leases,      including at the EDC Site, and to conduct its activities as such      activities are currently conducted. |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.1.2 | EDC      has all requisite corporate power, authority and capacity to execute,      deliver, and perform this Agreement and to consummate the transactions      contemplated hereby.  The execution, delivery, and performance      of this Agreement and the |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | consummation      of the transactions contemplated hereby by EDC have been duly and validly      authorized by all necessary action on the part of EDC (including approval      by the board of directors and shareholders of EDC), and this Agreement has      been duly and validly executed and delivered by EDC, and is the valid and      binding obligation of EDC, enforceable against EDC in accordance with its      terms, subject to applicable laws of bankruptcy, insolvency and similar      laws affecting creditors’ rights and remedies  generally. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.1.3 | The      execution, delivery, and performance by EDC of this Agreement does not and      will not (i) conflict with or violate any provision of the articles      of incorporation or bylaws of EDC; (ii) violate any provision of any      Laws; (iii) conflict with, violate, result in a breach of, constitute      a default under (without regard to requirements of notice, lapse of time,      or elections of other persons, or any combination thereof) or accelerate      or permit the acceleration of the performance required by, any material      contracts to which either EDC is a party or by which either EDC or the EDC      Site are bound or affected; (iv) result in the creation or imposition      of any lien against or upon the EDC Site or any portion thereof, or the      Ammonia, or the AN; or (v) require any consent, approval, or authorization      of, or filing of any certificate, notice, application, report, or other      document with, any Government or otherperson. |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.1.4 | EDC      is currently in compliance with all Laws applicable to the ownership and      operation of the EDC Site, except for such non-compliance as would not      have a material adverse effect on EDC’s ability to perform hereunder, and      EDC is not subject to any Law, judgment, decree or sanction that would      preclude the delivery, receipt and processing of the Ammonia, or any of      the other activities contemplated to be performed by it under the      Agreement. |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2.1 | Orica      is duly organized, validly existing, and in good standing under the laws      of Singapore, and has all requisite power and authority to own and lease      the properties and assets it currently owns and leases and to conduct its      activities as such activities are currently  conducted. |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2.2 | Orica      has all requisite corporate power, authority and capacity to execute,      deliver, and perform this Agreement and to consummate the transactions      contemplated hereby.  The execution, delivery, and performance      of this Agreement and the consummation of the transactions contemplated      hereby by Orica have been duly and validly authorized by all necessary      action on the part of Orica (including approval by the board of directors      and shareholders of Orica), and this Agreement has been duly and validly      executed and delivered by Orica, and is the valid and binding obligation      of Orica, enforceable against Orica in accordance with its terms, subject      to applicable laws of bankruptcy, insolvency and similar laws affecting      creditors’ rights and remediesgenerally. |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 5.2.3 | The      execution, delivery, and performance by Orica of this Agreement does not      and will not (i) conflict with or violate any provision of the      articles of incorporation or bylaws of Orica; (ii) violate any      provision of any Laws; (iii) conflict with, violate, result in a      breach of, constitute a default under (without regard to requirements of      notice, lapse of time, or elections of other persons, or any combination      thereof) or accelerate or permit the acceleration of the performance      required by, any material contracts to which either Orica is a party or by      which Orica is bound or affected; (iv) result in the creation or      imposition of any lien against or upon the Ammonia or AN; or (v) require      any consent, approval, or authorization of, or filing of any certificate,      notice, application, report, or other document with, any Government or      other person. |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2.4 | Orica      is currently in compliance with all Laws applicable to the ownership and      operation of Orica’s business, except for such non-compliance as would not      have a material adverse effect on Orica’s ability to perform hereunder and      Orica is not subject to any Law, judgment, decree or sanction that would      preclude the delivery of the Ammonia and receipt of the AN, or any of the      other activities contemplated to be performed by it under the      Agreement. |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2.5 | Orica      shall also deliver to EDC during the Term within 15 days after the release      of Orica Limited’s results to the Australian stock exchange, annual (as of      September 30) and semi-annual (as of March 31), consolidated balance      sheets, income statements and statements of cash flow for Orica and for      any subsidiary of Orica in which it then owns at least 51% of the equity      interest (“Financial Statements”).  The Financial Statements      shall be audited and prepared in accordance with Australian generally      accepted accounting principles, and signed by an authorized financial      officer of Orica.  Orica shall also deliver to EDC during the      Term within 15 days after the preparation thereof, quarterly (as of      December 31 and June 30) Financial Statements. Without limiting the      generality of the other confidentiality provisions of this Agreement, EDC      acknowledges and agrees that the December 31 and June 30 Financial      Statements contain highly confidential non-public information, and      covenants that it shall not, and it shall cause its officers, directors,      employees, agents and representatives not to, disclose the Financial      Statements or information contained therein to any person or entity other      than EDC’s officers for the purposes of conducting periodic credit      reviews, on a need to know basis, nor use such Financial Statements to the      detriment of Orica nor for any otherpurpose. |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.0  | AMMONIA      PURITY AND WARRANTY |
|-----------|----------------------------------|

| 6.1 | Orica      warrants that the Ammonia delivered by Orica to EDC from time to time      hereunder will be delivered by pipeline and will conform to the Ammonia      Specifications set forth in Schedule “B” hereto.  EDC agrees to      use the same efforts it expends on its own behalf  to ensure      that the Ammonia acquired and supplied by EDC to Orica will conform to the      Ammonia Specifications set forth in Schedule “B” hereto. EDC shall reject      any ammonia from its supplier whichdoes |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | not      conform to such specifications, and shall be responsible for arranging      with its supplier adequate supplies of conforming replacement Ammonia.      Such Ammonia will be shipped by pipeline provided such pipeline is      available for shipments. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | Orica      shall use commercially reasonable efforts, at its own expense, to cause      its Ammonia supplier to provide a certificate of analysis. Further, at its      own expense, Orica shall periodically cause such Ammonia to be analyzed      prior to delivery into EDC’s storage tank as may be reasonably required by      EDC and the report of such analysis shall be provided to EDC upon      request.  Additional sampling and subsequent analysis of the      Ammonia may be conducted by EDC in its discretion in accordance with      standard methods of the American Society of Testing Materials, or by such      other methods as may be agreed by Orica and EDC.  EDC and Orica      will retain any samples that such party takes for at least 60 days from      the date of delivery to be analyzed if a dispute arises as to the quality      of the Ammonia. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | If,      based on the supplier’s certificate of analysis or the analysis of the      samples by EDC, any ammonia delivered by Orica to EDC does not meet the      Ammonia Specifications, EDC shall, as soon as practicable following such      determination, notify Orica in writing that such ammonia does not meet      such Specifications.  Orica shall be solely responsible for any      demurrage, freight or transportation costs, removal costs, tank cleaning      costs and other costs which are a direct result of Orica’s delivery of      nonconforming Ammonia.  If EDC does not notify Orica that such      ammonia does not meet the Ammonia Specifications within 30 days after      delivery to the EDC Site, the Ammonia shall be deemed to meet the Ammonia      Specifications.  In the event that Orica disagrees with EDC’s      analysis, Orica will give EDC notice within 30 days of receipt of EDC’s      notice, in which event the sample retained by EDC will be, and any sample      retained by Orica may be, submitted for independent analysis to a mutually      acceptable commercial laboratory.  The laboratory’s analysis of      such sample or samples shall be final and binding on the      parties.  The cost of the laboratory’s independent analysis will      be borne by Orica if the ammonia is off-specification and by EDC if the      Ammonia meets the Specifications. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | Orica      warrants that it has good title to, and the right to supply, all Ammonia      delivered or supplied by Orica to EDC from time to time hereunder free and      clear of all Claims, liens, security interests, encumbrances and      charges. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.5 | EXCEPT      AS SPECIFICALLY PROVIDED IN SUBSECTIONS 5.2, 6.1 and 6.4 HEREOF, ORICA      MAKES NO, AND HEREBY DISCLAIMS ANY, REPRESENTATION OR WARRANTY, EXPRESS OR      IMPLIED, STATUTORY OR OTHERWISE, RELATING TO THE AMMONIA DELIVERED BY      ORICA OR SUPPLIED TO EDC BY ORICA HEREUNDER INCLUDING, WITHOUT LIMITATION,      WARRANTIES AS TO CONDITION, QUANTITY OR QUALITY, MERCHANTABILITY, FITNESS      FOR PARTICULAR PURPOSE, OROTHERWISE. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 7.0  | AN      PURITY AND WARRANTY |
|-----------|-----------------------------|

| 7.1 | Provided      that Orica supplies to EDC, or EDC is able to obtain from its supplier,      sufficient Ammonia to meet the Monthly forecast AN requirements and the      Ammonia Specifications, EDC warrants that all AN delivered to Orica from      time to time hereunder shall conform to the Specifications set forth in      Schedule “B” hereto, as applicable. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2 | EDC      shall take samples of AN delivered by EDC to Orica from each truck or rail      car upon loading at the EDC Plant.  Orica may take samples of AN      upon arrival at Orica’s destination.  Analysis of the samples      shall be conducted by the sampling party in accordance with the standard      methods of the American Society of Testing Materials, or by such other      methods as may be agreed by Orica and EDC.  Each party shall      retain any such samples for at least 60 days from the date of sampling to      be analyzed if a dispute arises as to the quality of the    AN. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.3 | If,      based on analysis of the samples by EDC, any AN delivered or to be      delivered by EDC to Orica does not meet the applicable AN Specifications,      EDC shall so notify Orica in writing and shall not ship such AN without      Orica’s written approval.  Subject to the terms of sale agreed      in writing between Orica and EDC regarding such shipments, which terms may      vary from those set forth in this Agreement, any nonconforming AN shipped      with Orica’s approval shall be deemed to be in compliance with this      Agreement, provided that any such acceptance shall not be deemed a waiver      for any other nonconforming AN.  If Orica does not notify EDC      that AN does not meet the applicable Specifications within (45) days of      the date of receipt thereof, the AN shall be deemed to meet the relevant      Specifications.  In the event that either party disagrees with      the other party’s analysis of the samples, the disagreeing party shall      give the other party notice within 15 days of receipt of the results of      the analysis, in which event the retained sample or samples shall be      submitted for independent analysis to a mutually acceptable commercial      laboratory.  The laboratory’s independent analysis shall be      final and binding on the parties.  The cost of the independent      laboratory’s analysis will be borne by EDC if the AN is off-Specification      and by Orica if the AN meets theSpecifications. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.4 | EDC      agrees to apply the same loading inspection standards and procedures to      all trucks, tank trucks and rail cars used to transport AN, irrespective      of the carrier.  EDC agrees to promptly provide to Orica a copy      of such standards and procedures in effect as of the Effective Date,      together with copies of any revised standards and procedures subsequently      adopted by EDC. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.5 | EDC      warrants that it has good title to, and the right to supply, all AN      supplied and delivered to Orica from time to time hereunder free and clear      of all Claims, liens, security interests, encumbrances and charges, and      that EDC has the manufacturing and conversion capability and capacity, and      the right, to supply such AN to Orica at the rates, times and quantities      contemplated by this |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | Agreement.  EDC      has all necessary authorizations, approvals and permits to receive the      Ammonia at EDC’s Site, to process the same to produce AN, and to undertake      all of the other activities contemplated to be performed by it in      accordance with this Agreement. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.6 | EXCEPT      AS SPECIFICALLY PROVIDED IN SUBSECTIONS 5.1, 7.1 and 7.5 HEREOF, EDC MAKES      NO, AND HEREBY DISCLAIMS ANY, REPRESENTATION OR WARRANTY, EXPRESS OR      IMPLIED, STATUTORY OR OTHERWISE, RELATING TO THE AN DELIVERED BY EDC OR      SUPPLIED TO ORICA BY EDC HEREUNDER INCLUDING, WITHOUT LIMITATION,      WARRANTIES AS TO CONDITION, QUANTITY OR QUALITY, MERCHANTABILITY, FITNESS      FOR PARTICULAR PURPOSE, OROTHERWISE. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.0  | REMEDIES      FOR NONCOMPLIANCE |
|-----------|---------------------------------|

| 8.1 | Orica’s      exclusive remedies for any non-conforming AN supplied hereunder, other      than any nonconformance to the extent caused by non-conforming Ammonia,      shall be, at Orica’s option, to (a) reject such non-conforming AN without      penalty, or (b) accept such AN but at a price per Ton reduced by agreement      of the parties.  In the event that Orica rejects any      nonconforming AN, EDC will cause such nonconforming AN to be promptly      removed from its current location at EDC’s cost, and EDC will take all      necessary measures to promptly provide Orica with replacement AN meeting      the applicable Specifications at that location at no additional cost to      Orica.  EDC will be responsible for any additional demurrage,      freight or transportation costs or other actual out-of-pocket costs      incurred by Orica which are a direct result of EDC’s delivery of      non-conforming AN.  In the further event that Orica rejects the      nonconforming AN, but EDC is unable to deliver replacement AN to Orica      within the time period necessary to meet the needs of Orica’s customers,      Orica shall have the right, commencing on the business day following      delivery of written notice to EDC,  to purchase a like quantity of AN      from an alternative supplier and EDC shall reimburse Orica for Orica’s      cost to purchase and deliver replacement AN from the alternative supplier      to the location of the nonconforming AN. In the event of production or      delivery by EDC of non-conforming AN, the parties shall cooperate in good      faith in identifying means by which to mitigate loss or damage      attributable to such nonconformance; provided that Orica shall be solely      responsible for any nonconformance of AN supplied hereunder to the extent      caused by non-conforming Ammonia.  EDC may dispose of any such      non-conforming AN returned to it by sale to agricultural      customers. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2 | EDC      shall have no liability to Orica for loss of or shortage in quantity of AN      supplied or to be supplied hereunder solely as a result of EDC’s loading      of, or the short-filling of, rail cars or trucks unless Orica notifies EDC      in writing within 45 days from the date of receipt of the      AN.  Provided that Orica has timely given such notice, its      exclusive remedy for any loss of or shortage in quantity of    AN |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 8.3 | Except      with respect to Orica’s rights set out in Sections 8.1 and 8.2, Orica      hereby releases and forever discharges EDC, its agents, employees,      successors and assigns, from all Claims relating to non-conformance with      Specifications, or loss or shortage in quantity, of AN supplied by EDC      pursuant to this Agreement.  In no event whatsoever shall either      party be liable to the other for loss of profits or special, indirect or      consequential damages, save and except for Orica’s obligation to pay the      *** as set out in Section 14.2.1 (e) hereof and EDC’s obligation, if      applicable, to refund the *** (included in the ***) as set out in Section      8.2 hereof and to refund, if already paid,  the *** when Orica      is relieved from its obligation to pay to EDC the *** as set out in      Schedule “C” hereto. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.4 | Subject      to Section 8.1, following the delivery of AN to Orica hereunder and      removal of such AN from the EDC Site, Orica assumes all risks and      responsibility in connection with the further handling or use of such AN,      whether used singly or in combination with other      products.  Orica agrees to indemnify, defend and hold harmless      EDC and its Affiliates from and against any and all Claims incurred or      suffered by, or threatened against EDC or its Affiliates in connection      with such further handling or use of suchAN. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.1 | Actual      measurement of quantities of Ammonia and AN delivered and the supplied      party’s rights to dispute such measurements will be as set out in      Schedule ”D”. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1 | All      Ammonia which is supplied by Orica shall be supplied by pipeline. All      Ammonia acquired and supplied by EDC hereunder shall be supplied by      pipeline, and EDC shall be responsible for making the      necessary  shipment arrangements to the extent Ammonia is      available to EDC. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2 | Ammonia      supplied by pipeline shall be delivered to EDC’s Ammonia storage tanks and      metered by the NuStar metering device at the EDC Site.  Absent      demonstrable error, EDC and Orica agree that the amount of Ammonia      delivered by pipeline shall be conclusively determined by the NuStar      metering device and the amount of Ammonia so metered shall be used for      billing to Orica hereunder. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11.0  | AN      DELIVERY, RISK AND TITLE |
|------------|----------------------------------|

| 11.1 | Unless      otherwise agreed, EDC shall deliver all AN supplied hereunder into trucks,      tank trucks or rail cars supplied byOrica. |
|------|----------------------------------------------------------------------------------------------------------------------------------------|

| 11.2 | Unless      otherwise agreed, EDC shall load (a) AN Solution into Orica’s rail tank      cars and release such cars within 7 days from the arrival of such cars at      EDC’s Site provided that EDC shall not be required to load more than 2      rail tank cars per 24 hour period, (b) AN Prills and HDAN into Orica’s      rail hopper cars and release such cars within 7 days from the arrival of      such cars at EDC’s Site provided that EDC shall not be required to load      more than 10 rail hopper cars per 24 hour period, and (c) AN into Orica’s      trucks and release such trucks within the free loading period allowed by      the carrier provided that EDC shall not be required to load more than 24      trucks per 24 hour period. All of the foregoing time frames shall be      extended by any intervening weekend, holiday, or Force Majeure event; and      provided further that in no event shall EDC be required to load in one day      any more than one day’s actual production rate of AN Solution and one      day’s actual production of AN Prills.  Should EDC fail to comply      with the foregoing, EDC shall reimburse Orica, within 30 days of receipt      of an invoice from Orica, for all demurrage and other out-of-pocket      expenses incurred by Orica resulting from such delay.  Orica      shall use commercially reasonable efforts to schedule rail cars or trucks      for the EDC Plant at a rate that will permit EDC to load such cars and      trucks within the time frames set forth in clauses (a) through (c) above,      taking into account reasonably anticipated AN production      rates.*** |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.3 | Title      to all AN manufactured hereunder shall be in Orica, and delivery to Orica      shall occur and all risks of loss and otherwise in relation thereto shall      pass to Orica upon and after the delivery of the AN into Orica’s owned or      contracted-for trucks or railcars at the EDC Plant.  EDC shall      physically segregate all AN Prills manufactured for Orica from all other      AN at the EDC Site. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.4 | EDC      shall weigh, by means of certified scales and otherwise in accordance with      Schedule “D”, all trucks and rail cars before and after they have been      loaded, to determine the net weight of AN delivered to    Orica. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.5 | EDC      shall promptly confirm to Orica any shipment made, specifying the carrier,      the date of departure, the weight of AN in each rail car or truck and its      destination.  EDC shall also promptly forward to Orica one copy      of each bill of lading issued with respect to such      shipments.  Absent demonstrable error, the carrier’s weight      measurements shall be deemed correct and shall be      controlling.  The carrier which shall receive delivery of AN at      EDC’s Plant shall be deemed authorized by Orica to execute the bill of      lading for the shipment; provided, however, that authorization shall not      affect Orica’s rights pursuant to Sections 7 and 8      hereof. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11.6 | Orica      may from time to time request EDC to assist Orica in obtaining repair of      Orica’s rail cars at EDC’s facilities located at the EDC      Site.  EDC shall use its commercially reasonable efforts to      obtain such services on Orica’s behalf, and at Orica’s      expense. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.7 | EDC      shall use its commercially reasonable efforts to minimize loss and      shrinkage of AN during storage and handling, but such loss and shrinkage      shall be to Orica’s account. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.0  | INTENTIONALLY      LEFT BLANK |
|------------|-------------------------------|

| 13.0  | CONTRACT      ADMINISTRATION |
|------------|------------------------------|

| 13.1 | No      later than August 31 of each Year during the Term, Orica shall deliver to      EDC a forecast of its requirements for AN for the succeeding      Year.  Orica shall also deliver to EDC Monthly a forecast of its      requirements for AN for the succeeding 120 days.  The Monthly      forecast is an estimate for planning purposes and is not a commitment to      take AN at the Monthly ratesestimated. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.2 | Orica      and EDC will conduct quarterly contract review meetings during the Term of      this Agreement which meetings shall include a review of cost performance      Year to date versus the Annual Budget for that  Year. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.3 | Orica      shall have the right to verify (“Verification Right”) that the ***      calculated by EDC for any Year properly applies the methodology set forth      in Schedule “C” by giving written notice to EDC within the 30-day period      following receipt of EDC’s calculation of the *** for the applicable      Year.  If Orica exercises its Verification Right, the      verification shall be completed within the 30-day period after notice of      Orica's exercise of its Verification Right, at Orica’s expense and at the      EDC Site, and EDC shall provide Orica with all information reasonably      requested by Orica relating to the calculation of the *** to enable Orica      to carry out such verification. In the event that Orica wishes to exercise      its Verification Right, Orica shall pay all undisputed amounts owing to      EDC within 30 days after receiving EDC’s calculation of the *** which      payment shall not waive Orica’s right to dispute the remainder. If, as      determined by the verification, the actual *** is more than the ***,      including adjustments, paid by Orica for the applicable Year, Orica shall      pay the amount of such underpayment to EDC within 30 days of such      determination.  If, on the other hand, the actual *** is less      than the ***, including adjustments, paid by Orica for the applicable      Year, EDC shall pay the amount of such overpayment to Orica within 30 days      of such determination. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 14.0 | PAYMENTS |
|------|----------|

| 14.1 | In      consideration of EDC making available the Reserved Capacity for Orica,      Orica shall pay to EDC the *** calculated on the basis set out in Schedule      “C” to this Agreement. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2.1 | EDC      shall invoice Orica and Orica shall pay to EDC the amounts owing by Orica      to EDC under this Agreement for: |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | and      be paid by Orica on or before the first day of the second Month succeeding      the Month in which the AN was delivered to Orica e.g. January deliveries      are *** paid for on March 1st. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | If      Orica has disputed any invoice in good faith prior to the expiration of      the applicable payment period, Orica shall timely pay any undisputed      amount, and shall have 30 days from receipt of a corrected invoice within      which to remit payment for any agreed-upon amount related to disputed      items.  If EDC identifies an error in an invoice previously issued to      Orica or EDC determines that it has not invoiced Orica for AN delivered      hereunder then EDC may issue to Orica, during the Year in which the AN is      supplied and until January 31 of following Year, a corrected invoice or      initial invoice for payment. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2.2 | The      *** billed pursuant to 14.2.1 (b) will be adjusted to actual costs by the      15th      day of the following Month and any adjustments will be applied to the      original billing and paid on the due date of the original      billing.  The “True Up Report” attached as Schedule “F” hereto      shall be used to complete the adjustments. The actual *** so determined      will then be used as the estimated *** for the next following      Month.  By way of example, the estimated *** for January will be      adjusted to actual *** by February 15th.  The      actual January *** will then be used as the estimated March      ***.  If the true up to actual costs cannot be completed by the      15th      day of the Month following the Month of supply then the true up will be      completed as soon as possiblethereafter. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2.3 | One      twelfth (1/12) of the total annual budgeted *** will be charged to Orica      each Month.  The budgeted *** will then be adjusted to actual      *** by the 15th      day of the following Month and any adjustments will be applied to the      original billing and paid on the due date of the original      billing.  The “True Up Report” attached as Schedule “F” hereto      shall be used to complete the adjustments. The *** component of the Annual      Budget shall be used for interim billing purposes save and except that,      for quarters commencing on and after April 1st      each Year, if the actual *** for the preceding quarter exceed the interim      billed *** for that quarter by 5% or more then the interim billed ***      shall be adjusted for the subsequent quarter to the actual *** for the      preceding quarter. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2.4 | The      *** will be paid by Orica on 20,000 Tons per Month provided that, if Orica      takes more than 20,000 tons in a Month then Orica shall pay to EDC the ***      on the additional Tons above 20,000 Tons per Month with such additional      payments to be credited against the *** payable by Orica in the next      following Month.  Orica shall always pay the *** at a rate of      20,000 tons per Month with any *** owing due to an annual offtake by Orica      of more than 240,000 Tons to be paid by Orica to EDC in January of the      next following Year.  The “True Up Report” attached as Schedule      “F” hereto shall be used to complete the adjustments. Under any and all      circumstances Orica is obliged to pay to EDC a minimum Yearly *** for      240,000 Tons and a Monthly *** for 20,000Tons. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 14.3 | Orica      shall, in addition to all other amounts payable hereunder, be responsible      for or shall reimburse EDC (subject to receipt of reasonable documentation      reflecting payment by EDC), as the case may be, for all sales, value added      or transfer taxes or Governmental fees levied or imposed, or charges or      costs payable to a Government and attributable to compliance with      Governmental orders or Laws issued or adopted after the date hereof, in      connection with the supply of AN hereunder; provided that in no event      shall such amount include amounts relating to fines and penalties or fees      and expenses arising therefrom or income taxes payable by      EDC.  EDC may, where required by Laws, collect from Orica any      such tax, fee, charge or other cost and remit it to the appropriate      Government.  Any such tax, fee, charge or other cost shall be      paid by Orica in addition to the *** to be paid hereunder.  If      any such tax or fee paid by Orica is adjusted as a result of any      reassessment by any Government, then any increase or decrease in any such      tax or fee and any interest and penalties (except to the extent      attributable to the negligence of EDC) resulting from the reassessment is      for Orica’s account. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.0  | FORCE      MAJEURE |
|------------|--------------------|

| 15.1 | Notwithstanding      anything herein contained, each party will be excused from performance of      its obligations hereunder, other than (a) an obligation to pay money      (including Orica’s obligation to make the payments provided for in Section      14.2.1 except in the circumstances where Orica is relieved from its      obligations to pay to EDC the *** as set out in Schedule “C” hereto) or      (b) to indemnify, in the event and to the extent such failure is caused by      an event of Force Majeure.  If an event of Force Majeure occurs,      the party whose performance is excused shall immediately provide written      notice to the other party of the event of Force Majeure, the nature of the      event, the extent to which the event of Force Majeure affects or delays      the affected party’s performance hereunder, the particular obligations so      affected, the steps taken and proposed to be taken to lessen and cure the      Force Majeure, and the estimated duration of the event of Force      Majeure.  If there is any material change, addition or      alteration to the circumstances giving rise to, or in the information      provided pursuant to, the written notice, the affected party shall provide      the other party with written notice of the same. At all times during an      event of Force Majeure, both parties shall use reasonable means to avoid      or minimize the consequences of any event of Force Majeure; provided that      nothing contained in this Agreement shall be construed as requiring either      party hereto to accede to the demands of labor or labor unions it      considers unreasonable.  The performance of this Agreement shall      be resumed as soon as practicable after such disability has been      removed. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.2 | If      an event of Force Majeure impairs EDC’s ability to produce nitric acid or      deliver AN Solution or HDAN under this Agreement, EDC shall allocate      its available production of nitric acid, AN Solution and HDAN manufactured      at EDC’s Site and available for supply among all of EDC’s customers then      supplied or which are |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | customarily      supplied from EDC’s Site, including Orica and EDC.  This prorating      shall be based on EDC’s existing contracts for sale of nitric acid,       AN Solution and HDAN and the previously forecasted requirements of such      customers for the period of the event of Force  Majeure. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.3 | An      event of Force Majeure shall not extend the term of this      Agreement. |
|------|----------------------------------------------------------------------------------|

| 16.0  | TERMINATION |
|------------|-------------|

| 16.1 | Either      party may terminate this Agreement upon written notice to the other party      in the event the other party shall commence, or there shall be commenced      against the other party, any case, proceeding or other action (which shall      not have been dismissed within 60 days of commencement) seeking to have an      order for relief entered with respect to such party or to adjudicate such      party as a bankrupt or insolvent, or seeking reorganization, arrangement,      adjustment, liquidation, dissolution or composition under any Law relating      to bankruptcy, insolvency, reorganization or relief of debtors or seeking      appointment of a receiver, trustee, custodian or other similar fiduciary      with respect to any part of such party’s business or property or the other      party makes a general assignment for the benefit of its      creditors. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.2 | If      an event of Force Majeure claimed by EDC or Orica persists for a      continuous period of at least 180 days or if the duration of an event of      Force Majeure claimed by EDC or Orica is estimated by the party claiming      Force Majeure to be 180 days or longer, then the party not claiming the      Force Majeure shall have the right, but not the obligation, to terminate      this Agreement and the obligations of the parties hereto, except for      claims in dispute and payments and other obligations then due and owing,      by giving written notice of termination to the other party. For purposes      of this Section 16.2, if the period between the end of one event of      Force Majeure and the commencement of another event of Force Majeure is      less than 30 days, the Force Majeure shall be deemed to be      continuous, but the time between the Force Majeure periods shall not be      counted in determining the 180 day period required before termination      hereunder is allowed. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.3 | EDC      may terminate this Agreement on 14 days prior written notice to Orica if      Orica delivers ammonia to EDC which does not meet Ammonia Specifications      and if, after EDC has given notice to Orica pursuant to Section 6.3, Orica      has not within 45 days of receipt of such notice, commenced deliveries of      Ammonia meeting the AmmoniaSpecifications. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.4 | Orica      may terminate this Agreement on 14 days prior written notice to EDC if EDC      delivers AN to Orica which does not meet the applicable AN Specifications,      and if, after Orica has given notice to EDC pursuant to Section 7.3, EDC      has not within 45 days of receipt of such notice, commenced delivery of at      least 95% of the prior volumes of AN which meets the relevant      Specifications. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 16.5 | Either      party may terminate this Agreement if the other party defaults in the due      and punctual payment of any amounts owing to the non-defaulting party or      fails to perform any material obligation and such default or failure      continues for 30 days after the non-defaulting party gives written notice      to the defaulting party advising of the default or failure and the      intention to terminate this Agreement in the absence of payment or      performance. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.6 | Either      party may terminate this Agreement pursuant to a notice given in      accordance with Section 27.5hereof. |
|------|-----------------------------------------------------------------------------------------------------------------------|

| 16.7 | Orica      may terminate this Agreement upon five days prior notice to EDC in the      event (a) of major damage to, destruction of, or a loss of production      capacity at, EDC’s Plant, and (b)(i)      within 180 days of such damage, destruction or loss of production      capacity, EDC’s Plant is not or cannot be restored to a level of      production sufficient to supply the Reserved Capacity, as determined by      Orica acting in good faith and after consultation with EDC, or (ii) the      cost to repair such damage, rebuild EDC’s Plant or restore the production      capacity (after taking into account any insurance recovery by EDC) will      result in an increase in the ***.  Nothing in this Section 16.7      shall be deemed to prevent EDC from repairing such damage, rebuilding the      EDC Plant or restoring its production capacity at its sole cost within a      180-day period, in which event such costs shall not be included in the ***      and Orica shall have no right to terminate under this Section      16.7. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.8 | The      termination of this Agreement for any cause whatsoever shall not release a      party from any liability which at the time of termination has already      accrued to the other party or which may thereafter accrue in respect of      any act or omission prior totermination. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.9 | The      rights and remedies of the parties under this Agreement are cumulative      and, subject to the limitations expressed in this Agreement, the exercise      of a remedy by a party shall not preclude the right of such party to      exercise any other remedy available to such party in accordance with the      terms of this Agreement orotherwise. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 17.0  | HARDSHIP |
|------------|----------|

| 17.1 | If,      at any time during the Term of this Agreement, there occurs a substantial      change in the business, technical or commercial conditions which adversely      affects the business or financial condition of either party to this      Agreement, or a substantial change in Laws applicable to this Agreement or      its performance by either party, as a result of which a party incurs or      would be likely to incur substantial hardship in complying with the      provisions of this Agreement, the party experiencing hardship may notify      the other in writing that it wishes to discuss the terms and performance      of this Agreement in light of such changed  conditions. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 17.2 | Within      30 days after any notice under Section 17.1 above, the parties shall meet      in Oklahoma City at a mutually acceptable time to discuss in good faith      appropriate means, if any, to relieve such hardship in a manner equitable      to both parties and at such meeting the party alleging hardship shall make      available such data and information as it deems necessary to justify its      request for relief. For the avoidance of doubt, nothing in this Section 17      shall alter the rights and obligations of the parties to supply and      purchase AN or supply Ammonia under this Agreement in any way except to      the extent that the parties agree to do so in writing at or following any      such meeting. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1 | EDC      shall procure and maintain, at EDC’s sole expense (but subject to Schedule      “C”), at all times during the Term of this  Agreement: |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.1 | Commercial      General Liability Insurance |
|--------|---------------------------------------------|

|   | Commercial      General Liability Insurance with limits of not less than $1,000,000 each      occurrence.   Railroad Protective Liability is to be included if      that exposure exists with limits of not less than $5,000,000 each      occurrence. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.2 | Automobile      Liability Insurance |
|--------|-------------------------------------|

|   | Business      Auto Liability Insurance with a limit of liability in an amount not less      than $1,000,000 each occurrence. |
|--------|------------------------------------------------------------------------------------------------------------------------------|

| 18.1.3 | Workers’      Compensation Insurance |
|--------|--------------------------------------------|

|   | Workers'      Compensation Insurance in accordance with the laws of the State of      Arkansas, and any other applicable jurisdiction, covering all employees      who are engaged by EDC in performing its obligations under this      Agreement.    Employer’s Liability coverage is required      with limits of not less than thefollowing: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bodily      Injury by      Accident                                              $1,000,000       Each Accident |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bodily      Injury by      Disease                                                      $1,000,000  Each Employee |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bodilyn      Injury by      Disease                                               $1,000,000       Policy Limit |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.4 | Excess      Liability Insurance |
|--------|---------------------------------|

|   | Umbrella      Liability insurance with a limit of liability not less than $10,000,000      each occurrence. |
|--------|-------------------------------------------------------------------------------------------------------------|

| 18.1.5 | Business      Interruption Insurance |
|--------|--------------------------------------|

----

|   | Business      interruption insurance including, without limitation, coverage for the      recovery of the *** which would have been paid by Orica had such AN been      manufactured and delivered toOrica. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.6 | Property      Insurance |
|--------|-------------------------|

|   | Property      insurance covering all risks of loss and damage to the EDC Plant and EDC      Site, including but not limited to plant, equipment, real property,      personal property, tools, machinery and electronic data processing      equipment.  Coverage shall also be provided for any property which is      in EDC’s care, custody or control, and for which EDC is legally      responsible.  Insurance valuation shall be for reinstatement or      replacement cost. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.7 | Environmental      Impairment Liability (EIL)Insurance |
|--------|--------------------------------------------------------|

|   | EIL      insurance coverage with an aggregate limit of liability of $20,000,000,      subject to certain deductibles and/or self-insured retentions.  At      the request and expense of Orica, EDC’s EIL policy shall be specifically      endorsed to include Orica as an Additional Named Insured with regard to      exposures in which Orica has a financial interest or for which Orica has      or may have any liability.  EDC’s policy shall be specifically      endorsed to waive any rights of subrogation against Orica, its directors,      officers and employees. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.1.8 | General      Terms |
|--------|--------------------|

|   | All      insurance companies providing the aforesaid coverages to EDC must be      authorized to do business in the State of Arkansas.  All insurance      companies must be rated A- or better with a financial rating of VIII or      better in the most recent A.M. Best’s Rating Guide.  Certificates of      insurance for all required coverages shall be provided to Orica prior to      commencement of the Agreement and renewal certificates upon policy      renewals. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2 | Orica      shall procure and maintain, at Orica’s sole expense, at all times during      the Term of this Agreement: |
|------|----------------------------------------------------------------------------------------------------------------------------|

| 18.2.1 | Commercial      General Liability Insurance |
|--------|---------------------------------------------|

|   | Commercial      General Liability Insurance with limits of not less than $1,000,000 each      occurrence.   Railroad Protective Liability is to be included if      that exposure exists with a limit of liability not less than $5,000,000      each occurrence. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2.2 | Automobile      Liability Insurance |
|--------|-------------------------------------|

|   | Business      Auto Liability Insurance with a limit of liability in an amount no less      than $1,000,000 each occurrence. |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

----

| 18.2.3 | Workers’      Compensation Insurance |
|--------|--------------------------------------------|

|   | Workers'      Compensation Insurance in accordance with the laws of the State of      Arkansas, and any other applicable jurisdiction, covering all employees      who are engaged by Orica in performing its obligations under this      Agreement.    Employer’s Liability coverage is required      with limits of not less than thefollowing: |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bodily      Injury by      Accident                                              $1,000,000       Each Accident |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bodily      Injury by      Disease                                                $1,000,000       Each Employee |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | BodilyInjury      by      Disease                                                      $1,000,000  Policy Limit |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2.4 | Excess      Liability Insurance |
|--------|---------------------------------|

|   | Umbrella      Liability insurance with a limit of liability not less than $10,000,000      each occurrence. |
|--------|-------------------------------------------------------------------------------------------------------------|

| 18.2.5 | Business      Interruption Insurance |
|--------|--------------------------------------|

|   | Business      interruption insurance relating to its explosives business covering Claims      against or incurred by Orica arising as a result of a business      interruption event at the EDC Plant or the EDC Site which impacts the      ability of EDC to manufacture and deliver AN hereunder to      Orica. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2.6 | Property      Insurance |
|--------|-------------------------|

|   | Property      insurance covering all risks of loss and damage to its property, including      but not limited to plant, equipment, real property, personal property,      tools, machinery and electronic data processing equipment.  Coverage      shall also be provided for any property which is in Orica’s care, custody      or control, and for which Orica is legally responsible. Insurance      valuation shall be for reinstatement and replacement  cost. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18.2.7 | General |
|--------|---------|

|   | All      insurance companies providing the aforesaid coverages to Orica must be      authorized to do business in the State of Arkansas.  All insurance      companies must be rated A- or better with a financial rating of VIII or      better in the most recent A.M. Best’s Rating  Guide. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.1 | Except      as otherwise provided herein, the parties shall attempt in good faith to      promptly resolve any controversy or claim arising out of or relating to      this Agreement, or the interpretation, performance or breach hereof (any      of the |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | foregoing,      a “Dispute”), by negotiations between the Chief Executive Officers of each      party.  The disputing party shall give the other party written      notice of the Dispute.  Within 15 days after receipt of such      notice, the receiving party shall submit a written response to the other      party.  The notice and response shall include a statement of      each party’s position on the Dispute and a summary of the evidence and the      arguments supporting its position.  The Chief Executive Officer      (or his designee) of each party shall meet at a mutually acceptable time      and place within 20 days after the date of the disputing party’s notice      and thereafter as often as they reasonably deem necessary to exchange      relevant information and to attempt to resolve the Dispute.  All      negotiations and discussions pursuant to this Section 19.1 shall be      confidential and shall be treated as compromise and settlement      negotiations for purposes of the Federal Rules of Evidence and the      Colorado Rules of Evidence. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.2 | If      the Dispute remains unresolved for a period of 60 days following delivery      by the disputing party of the notice referred to in Section 19.1, it shall      be thereafter be settled by arbitration administered by the American      Arbitration Association under its Commercial Arbitration      Rules.  The arbitration shall take place in Denver,      Colorado.  The parties shall, prior to referring any Dispute to      arbitration, agree in writing upon the issue or issues to be      arbitrated.  The arbitrator(s) shall be instructed to reach a      decision based only on the facts and information supplied by the parties      during the proceeding.  The parties agree that such referral and      the arbitration award shall be binding on both      parties.  Judgment upon the award rendered by the arbitrator(s)      may be entered in any court having jurisdiction thereof. Notwithstanding      any of the provisions or limitations of Sections 19.1 or 19.2, any demand      for arbitration must be filed in writing with the other party and with the      American Arbitration Association prior to the date when institution of      legal or equitable proceedings based upon the Dispute would be barred by      the applicable statute of repose orlimitations. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20.0  | CONFIDENTIAL      INFORMATION AND ANNOUNCEMENTS |
|------------|-------------------------------------------------|

| 20.1 | Each      of the parties acknowledges that all non-public business, technical,      proprietary or other similar information, including production cost and      pricing information and data delivered to it by the other party in the      course of entering into, performing or enforcing its rights under this      Agreement, as well as the fact and terms of this Agreement, are      confidential and shall be treated as confidential and agrees to, and to      require its Affiliates, employees, legal, financial and other advisors to,      hold such information in strict confidence and to refrain from disclosing      or using such information to the detriment of the other party, until the      fifth anniversary of the expiration or termination of this Agreement;      provided however that a party may disclose confidential      information: |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a)   | if      and when required to do so by Laws, provided that the disclosing party      shall cooperate with any reasonable requests of the non-disclosing party      in connection with a disclosure under this clause (a), including a request |
|--------|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | to review any securities filings pertaining to the entering      into of this Agreement prior to theirfiling; |
|--------|---------------------------------------------------------------------------------------------------------------|

| (b)   | to      third parties in connection with a proposed sale by such party of its      business related to the subject matter of this Agreement, or an interest      therein, provided that such third parties agree in writing to keep such      information confidential; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   |    which      was previously known to it at the time of disclosure as evidenced by      pre-existing written materials; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------|

| (d)   |    which      is received from a third party not under an obligation of confidentiality      to the disclosing party with respect to such information as evidenced by      pre-existing written materials; or |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   |    which      has been independently generated by the receiving party without reference      to or reliance on any information provided  hereunder. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20.2 | Each      party agrees that if it breaches or threatens to breach Section 20.1      or any other confidentiality provision of this Agreement, the other party      may be irreparably harmed and the remedy at law may be inadequate, and      therefore, without limiting any other remedy available at law or in      equity, an injunction, specific performance, or other forms of equitable      relief to prevent further use and/or disclosure of confidential      information, or money damages, shall be available to the other      party.  All rights, powers and remedies provided for herein are      cumulative, and the other party shall, in addition to the rights, powers      and remedies herein conferred, be entitled to avail itself of all such      other rights, powers and remedies as may now or hereafter      exist. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20.3 | Neither      party shall make any announcement in any way concerning this Agreement nor      any other transaction related hereto without the prior written consent of      the other party hereto, except as may be required by Law or applicable      stock exchange rule. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.0  | SECURITY      INTEREST |
|------------|------------------------|

| 21.1 | Orica      and EDC hereby acknowledge that title to the AN manufactured for Orica      hereunder shall at all times be in Orica.  Nevertheless, in      order to protect Orica’s interest in such AN manufactured for Orica      hereunder from the claims of creditors of EDC, EDC hereby assigns, pledges      and grants to Orica a security interest in such AN manufactured for Orica      hereunder. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.2 | Upon      Orica’s request, EDC shall execute and file any financing and continuation      statements prior to and from time to time after the manufacture of AN for      Orica hereunder, as necessary to perfect such security interest, and EDC      shall cooperate with Orica in connection with the execution and delivery      of any notifications to any holders of conflicting security interests in      such AN |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | manufactured      for Orica hereunder to the extent such AN manufactured for Orica hereunder      is considered or could be considered or is determined or could be      determined to be the inventory of EDC in order to ensure the priority of      Orica’s security interest.  Upon Orica’s request, EDC shall      notify its creditors of Orica’s ownership and security interest in such AN      manufactured for Orica hereunder, and shall request any such creditors to      subordinate any liens or other security interests they may have in EDC’s      assets to the security interest of Orica in such AN manufactured for Orica      hereunder. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.3 | Orica      agrees not to enforce its security interest unless a creditor of EDC      asserts an interest in such AN manufactured for Orica hereunder or claims      that all or part of such AN constitute the inventory of    EDC. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.0  | SAFETY,      HEALTH AND ENVIRONMENT |
|------------|-------------------------------------|

| 22.1 | Prior      to entering into this Agreement, Orica has provided EDC with information      regarding the safe transportation, handling, storage and use of Ammonia      and AN (the “SHE Standards”).  EDC hereby acknowledges that it      has received, read and understood the SHE Standards and agrees to take all      such measures as are necessary or desirable in order to safely      manufacture, transport, handle, store and/or use the Ammonia and AN in      accordance with the SHE Standards.  For the avoidance of doubt,      for the purposes of this clause, the term “the safe manufacture,      transportation, handling, storage and use” of products relates not only to      the safety of those persons who may be affected by the acts or omissions      of EDC but also to protection of the Environment  generally. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.2 | EDC      shall comply with all safety and health Laws and Environmental Laws,      regulations and codes of conduct applicable to the performance of its      duties hereunder, and shall be solely responsible for any Claims howsoever      arising in connection with any failure so to do.  EDC shall at      all times remain responsible for the health and safety of those people      affected by its operations and for protection of the      Environment. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.3 | Unusual      incidents (as identified in Schedule “E” hereto) at EDC’s Plant shall be      reported to the Director, Sustainability of Orica USA Inc.  Such      reports shall be made initially by telephone, to be followed by a written      report within 24 hours.  If EDC inadvertently fails to promptly      provide such notification or reports, such failure to notify or report      shall not create any liability of EDC to Orica provided however that EDC      shall rectify such failure as soon as it comes to EDC’s      attention. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4 | EDC      shall indemnify, defend and save and hold harmless Orica and its      Affiliates, and each of their respective officers, directors, employees,      and agents (each, an “Orica Indemnified Party”), from and against any and      all Claims sustained or incurred by any Orica Indemnified Party relating      to or resulting or arising, directly or indirectly, from or in connection      with, any of the following (provided thatEDC |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | shall      have no liability under this Section 22.4 for any Claims in respect of      which Orica has agreed to indemnify EDC in accordance with Section 8.4      hereof, or to the extent such Claims relate to or result or arise from the      negligent actions or inactions of an Orica Indemnified    Party): |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.1 | any      breach of a representation or warranty made herein by EDC or      non-compliance with or breach by EDC of any of the covenants or agreements      contained in this Agreement to be performed by  EDC; |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.2 | the      physical or environmental conditions at, on, under or in the EDC Site,      and, to the extent such conditions are caused, created or contributed to      by EDC, the physical or environmental conditions in the vicinity of the      EDC Site; |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.3 | the      construction, equipping, maintenance, operation or use of the EDC Site, or      the manufacturing or storage of Ammonia or AN, in each case in violation      of any applicable Environmental Law or Environmental    Permit; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.4 | the      presence of any Hazardous Material or a Release or Disposal or the threat      of a Release or Disposal of any Hazardous Material or waste on, at or from      the EDC Site, or the Arrangement      for Disposal or treatment of any Hazardous Material owned or possessed by      EDC at any facility other than the EDCSite; |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.5 | the      failure to promptly undertake and diligently pursue to completion all      necessary, appropriate and legally authorized investigative, containment,      removal, clean up and other remedial actions with respect to a Release or      the threat of a Release of any Hazardous Material on, at or from the EDC      Site, required by any Environmental Law or Environmental      Permit; |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.6 | human      exposure to any Hazardous Material, noises, vibrations or nuisances of      whatever kind or death, personal injury or damage to property to the      extent the same arise from the condition of the EDC Site or the      construction, equipping, ownership, use, sale, maintenance, conveyance or      operation thereof in violation of any Environmental Law;  or |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4.7 | a      violation or asserted violation of any applicable Environmental Law or      Environmental Permit at or related to the EDC  Site. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

| 22.5 | In      addition to Orica’s indemnification obligations under Section 8.4 hereof,      Orica shall indemnify, defend and save and hold harmless EDC and its      Affiliates, and each of their respective officers, directors, employees,      and agents (each, an “EDC Indemnified Party”), from and against any and      all Claims sustained or incurred by any EDC Indemnified Party relating to      or resulting or arising, directly or indirectly, from or in connection      with, any of the following (provided that Orica shall have no liability      under this Section 22.5 for any Claims to the extent such Claims relate to      or result or arise from the negligent actions or inactions of an EDC      Indemnified Party): |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 22.5.1 | any      breach of a representation or warranty made herein by Orica or      non-compliance with or breach by Orica of any of the covenants or      agreements contained in this Agreement to be performed by      Orica; |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.5.2 | the      physical or environmental conditions at, on, or in the EDC Site to the      extent such conditions are caused, created or contributed to by      Orica; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.5.3 | human      exposure to any Hazardous Material, noises, vibrations or nuisances of      whatever kind, or death, personal injury or damage to property to the      extent the same arise from the transportation and delivery of Ammonia      supplied by Orica to the EDC Site and the shipment of AN by Orica or for      Orica from the EDC Site or the rail cars or trucks supplied to the EDC      Site by Orica; or |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.5.4 | a      violation or asserted violation by Orica of any applicable Environmental      Law or other Law,      or Environmental Permit or other permit, related to the      transportation of Ammonia to and AN from the EDC Site or the rail cars or      trucks supplied to the EDC Site byOrica. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.0  | COMMUNICATIONS |
|------------|----------------|

| 23.1 | All      notices, requests, waivers, consents, approvals, agreements and other      communications under this Agreement must be in writing to be effective and      shall be delivered in person or by certified mail with postage prepaid and      return receipt requested, courier or delivery service with charges prepaid      or facsimile transmission, |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | and      if to EDC, addressed as follows: |
|--------|-------------------------------------------|

----

|   | Either      party shall have the right to change its address by notice to the other      party at the addresses in forcehereunder. |
|--------|------------------------------------------------------------------------------------------------------------------------------------|

| 23.2 | Any      communications shall be deemed to have been received as      follows: |
|------|--------------------------------------------------------------------------------|

| 23.2.1 | if      delivered in person, whendelivered; |
|--------|---------------------------------------------|

| 23.2.2 | if      forwarded by facsimile, on the date of transmission thereof as reflected      on the confirmation of the transmittingmachine; |
|--------|---------------------------------------------------------------------------------------------------------------------------------------|

| 23.2.3 | if      forwarded by certified mail, on the fifth Business Day following the date      of mailing as shown on the certified mail receipt;  and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.2.4 | if      forwarded by courier or delivery service, on the third Business Day      following the date of mailing as shown on the air  bill. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------|

| 24.0  | HEADINGS |
|------------|----------|

| 24.1 | The      headings are inserted for convenience only and are to be ignored in      construing this Agreement. |
|------|--------------------------------------------------------------------------------------------------------------|

| 24.2 | References      to articles, sections or paragraphs are to articles, sections or      paragraphs of this Agreement.  The words “hereto”, “herein”,      “hereof”, “hereunder”, “this Agreement” and similar expressions mean and      refer to this Agreement. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 25.0  | RULES      OF INTERPRETATION |
|------------|------------------------------|

| 25.1 | The      singular includes the plural and vice versa, “person” includes any      individual, firm, company, partnership, corporation, Government,      instrumentality and unincorporated body of persons, or association; and      “in writing” or “written” includes printing, typewriting, or any      electronic means of communication capable of being visibly reproduced at      the point of reception. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 25.2 | In      the event that there shall be any discrepancies or conflict between the      provisions of any Schedule attached to this Agreement and any of the      provisions of the Agreement itself, then in every such event the      provisions of this Agreement shall prevail and  govern. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.0  | GOVERNING      LAW |
|------------|--------------------|

| 26.1 | This      Agreement shall be governed by and interpreted in accordance with the laws      of the State of Colorado. |
|------|---------------------------------------------------------------------------------------------------------------------|

| 27.0  | ASSIGNMENT      AND SALE |
|------------|--------------------------|

| 27.1 | Neither      party shall transfer, assign, convey or otherwise dispose of all or any      portion of its interest in, or its rights, benefits or obligations under,      this Agreement to a third party without first having obtained the prior      written consent of the other party, such consent not to be unreasonably      withheld, delayed or denied; provided, however,      either party with prior notice to the other party shall be permitted to      assign its rights and obligations under this Agreement to the successor of      the assigning party as a result of a statutory merger or consolidation or      to the purchaser of all or substantially all of such party’s assets, or to      an Affiliate which has the capability (as determined by the non-assigning      party in the exercise of its reasonable discretion) to perform the      assigning party’s obligations hereunder (collectively a “Permitted Successor      and Assign”). |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 27.2 | The      parties acknowledge that Orica may, from time to time upon written notice      to EDC, nominate itself or any of its Affiliates as purchaser under this      Agreement or have its obligations under this Agreement performed, in whole      or in part, by any one or more of its Affiliates, provided that, in any      such circumstance, Orica shall remain responsible to EDC for full      performance of all obligations under this Agreement (whether or not such      obligations are to be performed by an Affiliate).  As of the      Effective Date Orica hereby nominates Orica USA Inc. as purchaser under      this Agreement (which nomination shall continue until EDC is otherwise      notified in writing as provided in this Agreement) and will cause Orica      USA Inc. to perform all of Orica’s obligations under this Agreement (but      Orica shall not be released from and shall remain responsible to EDC for      full performance of all obligations under this Agreement as hereinabove      provided). |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 27.3 | An      assignee must covenant in writing to fully assume and perform all of the      assignor’s obligations under this Agreement.  No transfer or      assignment shall discharge or relieve the assignor from any of its      covenants or obligations as are contained or provided within this      Agreement which arise, are incurred, or are to be performed, prior to the      date of the transfer or assignment unless specifically agreed to in      writing by the other party. From and after the effective date of any      assignment of this Agreement, and the rights and obligations hereunder,      which has been consented to in writing by the non-assigning party, the      assigning party shall be deemed released from all obligations and      liabilities hereunder which are |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | based      on acts, omissions, facts, events or circumstances first arising,      occurring or existing after the effective date of the assignment. The      rights and obligations of the parties herein set forth shall inure to and      be binding upon Permitted Successors and  Assigns. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 27.4 | Notwithstanding      the foregoing, in the event either party intends to sell or otherwise      transfer all or substantially all of its assets to which this Agreement      relates to a third party purchaser or other transferee, or transfer this      Agreement to an Affiliate, the selling or transferring party shall, unless      prohibited by confidentiality undertaking, notify the other party at least      60 days before the closing of such transaction.  The selling      party shall also require its purchaser or transferee to assume the selling      party’s rights and obligations under this Agreement upon the closing of      such transaction. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 27.5  Any      purported transfer or assignment in contravention of the foregoing shall      be null and void, shall be considered a material breach of the Agreement      and shall permit the other party, in addition to any other rights which it      may have, to terminate this Agreement upon giving 30 days written notice      thereof. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 28.0  | TIME      OF ESSENCE |
|------------|----------------------|

| 28.1 | Time      shall be of the essence of thisAgreement. |
|------|-----------------------------------------------------|

| 29.0  | EFFECT      OF THIS AGREEMENT |
|------------|-------------------------------|

| 29.1 | The      provisions of this Agreement shall be binding upon the parties hereto and      their respective successors and permitted  assigns. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------|

| 29.2 | Nothing      herein is intended to create a partnership for the purposes of subchapter      K and Section 761 (a) of the Internal Revenue  Code. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| 30.0 | WAIVER |
|------|--------|

| 30.1 | No      waiver by either party of any breach hereof or of any claim, right or      remedy provided for hereunder shall be deemed a waiver unless such waiver      is in writing and signed by the party to be bound.  The failure      of a party to assert or exercise any claim, right or remedy shall not be      deemed a waiver of such claim, right or remedy in the    future. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.0 | AMENDMENT      AND SEVERABILITY |
|------|---------------------------------|

| 31.1 | This      Agreement may only be altered, modified, amended or changed by written      agreement executed by both parties. |
|------|---------------------------------------------------------------------------------------------------------------------------|

| 31.2 | If      any court or arbitrator declares the invalidity of any provision of this      Agreement, such provision shall be either amended to make it valid or      enforceable, respecting the intention of the parties expressed in that      provision to the greatest |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | extent possible, or, if this is not possible, deleted with      the remainder of the Agreement remaining in full force, validity and      effect. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.0 | ENTIRE      AGREEMENT |
|------|-----------------------|

| 32.1 | The      parties hereto agree that the terms and provisions of this Agreement      together with the Schedules hereto constitute the entire agreement between      the parties hereto concerning the subject matter hereof and supersede any      and all prior negotiations, understandings and agreements, whether written      oral, between the parties with respect thereto.  There is no      warranty, representation, collateral agreement or condition affecting this      Agreement other than those herein setforth. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

----

----

| Parameter           | Specification                     |
|---------------------|-----------------------------------|
| Purity      (wt%)   | 99.5%      NH3 Minimum            |
| Nitrogen      (wt%) | 81.8%      Minimum                |
| Moisture      (wt%) | 0.2%      Minimum to 0.5% Maximum |
| Oil                 | 6      parts per million Maximum  |
| Iron                | 1      part per million Maximum   |
|                |                              |

| Parameter                                | Specification                                                        | Typical      Value                                |
|------------------------------------------|----------------------------------------------------------------------|---------------------------------------------------|
| Total      Nitrogen (wt%)                | 34.0%      Minimum                                                   | 34.67%                                            |
| Moisture      (wt%)                      | 0.15%      Maximum                                                   | 0.06%                                             |
| Bulk      Density                        | 45.0      lbs/ft3      Minimum                                       | 47.7                                              |
| Oil      Absorption (wt%)                | 8.0      – 13.0%                                               | 10.4%                                             |
| Internal      Surfactant*                | 450      – 700 ppm (Winter)650      – 1000 ppm (Summer)  | 550      ppm (Winter)800      ppm (Summer)        |
|  External      Surfactant*          |  600      - 1200 ppm (Winter)800      – 1200 ppm (Summer) |  807      ppm (Winter)1000      ppm (Summer) |
|  Talc      (External Coating) (wt%) |  0.4      – 0.75%                                         |  0.50%                                       |
| Screen      Analysis (U.S. Standard)     |
| +6      Mesh (wt%)                       | 0.0%      Maximum                                                    | 0.0%                                              |
| +14      Mesh (wt%)                      | 90.0%      Minimum                                                   | 98.1%                                             |
| +20      Mesh (wt%)                      | 10%      Maximum                                                     | 1.8%                                              |
| -20      Mesh (wt%)                      | 0.5%      Maximum                                                    | 0.1%                                              |
|                                     |

----

| Parameter                            | Specification            | Typical      Value       |
|--------------------------------------|--------------------------|--------------------------|
| Total      Nitrogen (wt%)            | 34.0%      Min           | 34.5%                    |
| Water      Insoluble                 | 0.1%      Max            | 0.01%                    |
| Moisture      (wt%)                  | 0.5%      Max            | 0.3%                     |
| Bulk      Density (Loose)            | 60      lbs/ft3      Min | 61      lbs/ft3      Min |
| pH      (10% w/w Solution)           | 5.5      to 6.5          | 6.0                      |
| E-2      Additive (%Mg)              | 0.18%      - 0.40%       | 0.25%                    |
|                                 |                     |                     |
| Screen      Analysis (U.S. Standard) |                     |                     |
| +6      Mesh (wt%)                   | 2.0%                     | 1.0%                     |
| +10      Mesh (wt%)                  | 40.0%      Min           | 45.0%                    |
| +14      Mesh (wt%)                  | 75%      Max             | 47.0%                    |
| +20      Mesh (wt%)                  | 10%      Max             | 7.0%                     |
| -20      Mesh (wt%)                  | 1.0%      Max            | 0.7%                     |
|                                 |

| Parameter                   | Specification                  |
|-----------------------------|--------------------------------|
| AN      Concentration (wt%) | 85%-90%                        |
| pH      Range               | 4.5      – 6             |
| Loading      Temperature    | 110      – 120 degrees C |

----

| ·   | *** |
|--------------------|-----|

| ·   | *** |
|--------------------|-----|

| ·   | *** |
|--------------------|-----|

| ·   | *** |
|--------------------|-----|

----

----

| 1.   | *** |
|----------------|-----|

| 2.   | *** |
|----------------|-----|

| 3.   | *** |
|----------------|-----|

| 4.   | *** |
|----------------|-----|

| 5.   | *** |
|----------------|-----|

| 6.   | *** |
|----------------|-----|

| 7.   | *** |
|----------------|-----|

| 8.   | *** |
|----------------|-----|

----

----

----

----

| ·   | *** |
|--------------------|-----|

| ·   | *** |
|--------------------|-----|

| ·   | *** |
|--------------------|-----|

----

| ·   | Ammonia      storage facilities when operated for Orica’s  benefit; |
|--------------------|---------------------------------------------------------------------------|

| ·   | unusual      shipping or handling services; and |
|--------------------|-------------------------------------------------|

| ·   | cessation      or resumption of production under Section 4.3 of the Agreement which      causes EDC to directly incur additional fixed or variable costs not      otherwise included in the *** and in excess of amounts budgeted for the      operation of the AN Prills Plant |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

| 1. | By      using the registration of EDC’s check meters if accurately      registering: |
|----|--------------------------------------------------------------------------------------------|

| 2. | By      correcting the error if the percentage of error is ascertainable by      calibration, test or mathematical calculations;  or |
|----|--------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Other      mutually agreeable means. |
|----|--------------------------------------|

----

----

|   | SCHEDULE      “E” |
|--------|-------------------------------|

|   | TYPES      OF UNUSUAL INCIDENTS TO BE REPORTED TOORICA |
|--------|--------------------------------------------------------|

| ·   | result      in death of an employee or the hospitalization of 3 or more      employees |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | result      in serious damage to property or to the  environment |
|--------------------|------------------------------------------------------------------|

| ·   | lead      to a report in, or attract the attention of, the  media |
|--------------------|-------------------------------------------------------------------|

| ·   | cause      notification to, or filing a report with, a regulatory    agency |
|--------------------|-----------------------------------------------------------------------------|

| 3. | Any      uncontrolled release of materials likely to threaten the external      environment, including incidents that occurred during the transport of      hazardous substances. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Any      material unexplained or abnormal occurrence, including any loss of product      or material through theft, neglect or paperwork    discrepancy. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | Any      incident whereby AN could be affected by contamination, non-compatibility      or incorrect manufacturing procedures or  processes. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------|

----

| Schedule      F True Up Report               |
|----------------------------------------------|
| El      Dorado Chemical Company              |
| ***                                          |
| Amounts      Based Upon Proforma Assumptions |

| Schedule      F True Up Report                     |
|----------------------------------------------------|
|  El      Dorado Chemical Company              |
| ***                                                |
|  Amounts      Based Upon Proforma Assumptions |

| Schedule      F True Up Report                     |
|----------------------------------------------------|
|  El      Dorado Chemical Company              |
| ***                                                |
|  Amounts      Based Upon Proforma Assumptions |

| El      Dorado Chemical Company            |
|--------------------------------------------|
|  Orica      Contract - *** Billing    |
|  AN      Prills Detail True-Up Report |

| El      Dorado Chemical Company                     |
|-----------------------------------------------------|
| Orica      Contract - *** Billing                   |
| AN      Prills and AN Solution Detail True-upReport |

| El      Dorado Chemical Company   |
|-----------------------------------|
| Orica      Contract - *** Billing |
| HDAN      Detail True-up Report   |

----

----