Document:

<PAGE>

                                                                   Exhibit 10.20

                            Dated November 1, 2000

                            SHELL CHEMICAL COMPANY
                 For itself and as agent for Shell Oil Company

                                      and

                            SHELL EPOXY RESINS LLC

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

                          FIRST AMENDED AND RESTATED
                       NORCO SITE SERVICES, UTILITIES,
                           MATERIALS AND FACILITIES
                                   AGREEMENT

                     ------------------------------------
<PAGE>

                                TABLE OF CONTENTS

<TABLE>
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ARTICLE 1 DEFINITIONS.......................................................................................      2

ARTICLE 2 INTERPRETATIONS...................................................................................      8

ARTICLE 3 OBJECT AND SCOPE..................................................................................     10

ARTICLE 4 CATEGORIES OF SUMF................................................................................     12

ARTICLE 5 SUMF CHARGES......................................................................................     12

ARTICLE 6 SUMF CHARGES WITH REFERENCE TO COST...............................................................     12

ARTICLE 7 PAYMENT TERMS.....................................................................................     16

ARTICLE 8 ANNUAL FORECAST, ANNUAL PLAN & BUDGET AND CURTAILMENT.............................................     17

ARTICLE 9 LIABILITY.........................................................................................     19

ARTICLE 10 TERM AND TERMINATION.............................................................................     23

ARTICLE 11 INTELLECTUAL PROPERTY RIGHTS.....................................................................     27

ARTICLE 12 CONFIDENTIALITY..................................................................................     27

ARTICLE 13 ADDITIONAL SUMF AND CAPITAL IMPROVEMENTS TO SUMF ASSETS..........................................     28

ARTICLE 14 DAMAGE TO SUMF ASSETS............................................................................     29

ARTICLE 15 METERING OR ALLOCATION OF SUPPLY, CONSUMPTION AND DELIVERY.......................................     30

ARTICLE 16 MONITORING COMMITTEE.............................................................................     31

ARTICLE 17 MISCELLANEOUS....................................................................................     32

ARTICLE 18 FORCE MAJEURE....................................................................................     33

ARTICLE 19 DISPUTE RESOLUTION...............................................................................     34

ARTICLE 20 FURTHER ASSURANCE................................................................................     35

ARTICLE 21 COSTS AND EXPENSES...............................................................................     35
</TABLE>

                                       i
<PAGE>

<TABLE>
<S>                                                                                                              <C>
ARTICLE 22 ASSIGNMENT AND DELEGATION........................................................................     35

ARTICLE 23 ASSIGNMENT AND DELEGATION........................................................................     36

ARTICLE 24 NO AGENCY OR PARTNERSHIP.........................................................................     37

ARTICLE 25 REMEDIES AND WAIVER..............................................................................     37

ARTICLE 26 ENTIRE AGREEMENT AND VARIATION...................................................................     37

ARTICLE 27 NOTICES..........................................................................................     38

ARTICLE 28 GOVERNING LAW....................................................................................     38

ARTICLE 29 LANGUAGE.........................................................................................     38

ARTICLE 30 COUNTERPARTS.....................................................................................     39
</TABLE>

EXHIBIT A:  INFORMATION

SCHEDULE 3.1:  SUMF ITEMS FROM SHELL TO COMPANY

SCHEDULE 3.2:  SUMF ITEMS FROM COMPANY TO SHELL

SCHEDULE 3.4:  SUMF ITEM CAPACITY AND CAPACITY RIGHTS

SCHEDULE. 7.2:  PAYMENT TERMS

SCHEDULE 8.4:  2000 ANNUAL PLAN & BUDGET FORECAST

SCHEDULE 8.6:  CURTAILMENT

SCHEDULE 15.1:  METER TABLE

                                      ii
<PAGE>

                                                                   Exhibit 10.20

                     FIRST AMENDED AND RESTATED NORCO SITE
                     -------------------------------------

             SERVICES, UTILITIES, MATERIALS & FACILITIES AGREEMENT
             -----------------------------------------------------

THIS FIRST AMENDED AND RESTATED NORCO SITE SERVICES, UTILITIES, MATERIALS &
FACILITIES AGREEMENT is entered into and will be effective as of the _____ day
of ___________, 2000 by and between:

1.       Shell Chemical Company, a Delaware corporation, on its own behalf and
         as authorized agent of Shell Oil Company pursuant to the Shell Chemical
         Authorization Agreement dated March 1, 1995 (collectively either
         referred to as "Supplier" or "Purchaser" of specific SUMF, as the case
         may be, or as "Shell"), with its principal office at 910 Louisiana,
         Houston Texas 77002; and

2.       Shell Epoxy Resins LLC (either referred to as "Purchaser" or "Supplier"
         of specific SUMF, as the case may be, or as the "Company"), a Limited
         Liability Company organized under the laws of Delaware, with its
         principal office at 1600 Smith Street, 24/th/ Floor, Houston Texas
         77002.

WHEREAS:

(A)      Shell or Affiliates of Shell own and operate a chemical/integrated oil
         and chemical manufacturing Site at Norco, Louisiana;

(B)      The Company owns and operates certain manufacturing facilities at the
         Site at Norco, Louisiana (the "Company Facilities");

(C)      The Parties own and/or have leased assets which are integrated with or
         are integral to both their own and the other Party's manufacturing
         operations at the Site;

(D)      The Parties have entered into that certain Norco Site Services,
         Utilities, Materials and Facilities Agreement (the "SUMF Agreement")
         dated August 1, 1999, related to their respective operations at the
         Site and the supply and purchase of certain SUMF Items in connection
         with such operations and assets;

(E)      Shell Oil Company has entered into the Transaction Documents with,
         among other parties, Resin Acquisition LLC as the purchaser ("Epoxy
         Resins Purchaser"), for the sale of the Company and its resins business
         to such purchaser; and

(F)      In connection with the closing of such sale transaction, Shell and the
         Company want to amend and restate the SUMF Agreement as set forth
         below.
<PAGE>

NOW, THEREFORE, the Parties agree as follows:

                                   ARTICLE 1
                                  DEFINITIONS

In this Agreement and the Schedules hereto:

         "AFFILIATE" means in relation to Shell, N.V. Koninklijke Nederlandsche
         Petroleum Maatschappij, The "Shell" Transport and Trading Company,
         p.l.c. (together the "Parent Companies") or any entity other than the
         Parties which is directly or indirectly affiliated with either or both
         of the Parent Companies.

         In relation to the Company, "Affiliate" means Shell Epoxy Resins
         Holding BV and any entity other than the Parties which is directly or
         indirectly affiliated with Shell Epoxy Resins Holding BV.

         In relation to any Third Party successors of the Parties, "Affiliate"
         means any entity which is directly or indirectly affiliated with that
         Third Party successor.

         For the purposes of this definition, a particular entity is:

         (i)      directly affiliated with another entity or entities if the
                  latter hold(s) or otherwise control(s) by proxy or agreement
                  shares or other ownership interests carrying more than fifty
                  percent (50%) of the votes exercisable at a general
                  shareholders meeting (or its equivalent) of the entity in
                  question; and

         (ii)     indirectly affiliated with an entity or entities (the "parent
                  or parents") if a series of entities can be specified,
                  beginning with their parent or parents and ending with the
                  particular entity, so related that each entity or entities in
                  the series, except the parent or parents, is directly
                  affiliated with one or more of the entities earlier in the
                  series;

                  Notwithstanding the foregoing, none of the portfolio companies
         of Apollo Management IV, L.P. or its affiliates other than Shell Epoxy
         Resins, Inc. and its subsidiaries, shall be deemed to be an Affiliate
         of Shell Epoxy Resins, Inc. or any of its subsidiaries.

         "AGREEMENT" means this Norco Site Services, Utilities, Materials and
         Facilities Agreement, including its Schedules and attachments, and any
         amendments hereto to which the Parties may consent from time to time;

         "ANNUAL PLAN & BUDGET" has the meaning given to this term in Article 8;

         "BANKRUPTCY EVENT" means, in relation to any Party, (i) the making of a
         general assignment for the benefit of creditors by such Party; or (ii)
         the entering into of any

                                       2
<PAGE>

         arrangement or composition with creditors as a result of insolvency
         (other than for the purposes of a solvent reconstruction or
         amalgamation); or (iii) the institution by such Party of proceedings
         (a) seeking to adjudicate such Party as bankrupt or insolvent or
         seeking protection or relief from creditors, or (b) seeking
         liquidation, winding up, or rearrangement, reorganization or adjustment
         of such Party or its debts (other than for purposes of a solvent
         reconstruction or amalgamation), or (c) seeking the entry of an order
         for the appointment of a receiver, trustee or other similar official
         for such Party or for all or a substantial part of such Party's assets;
         or (iv) the institution of any proceeding of the type described in
         (iii) above against such Party, which proceeding shall not have been
         dismissed within 90 days following its institution;

         "BUSINESS DAY" means any day of the week other than Saturday, Sunday or
         a public holiday at the location of the Site;

         "COMMERCIALLY REASONABLE" when used in the context of efforts to be
         taken means efforts which would ordinarily be taken by a business
         person in the applicable industry but which shall only be taken at the
         sole cost, and request of the Party entitled to request or require
         "commercially reasonable" efforts, provided however, that the Party who
         undertakes such efforts shall not be (i) obligated to interfere with
         its own business activities or plans, (ii) required to employ new
         employees in order to accomplish such matters, nor (iii) required to
         expend any of its own funds to accomplish such request;

         "COMPANY FACILITIES" means the HPRU, AC/ECH plants situated at the West
         Site and the associated assets, facilities and rights;

         "CONFIDENTIAL RECORD" means, without limitation, any publications,
         printed matter, manuals, reports, letters, telexes, drawings, computer
         programs, photographs, films, video, tape, diskette, CD-ROM and other
         information carriers or media conveying information and any other
         material containing confidential information;

         "DEER PARK SUMF" means that certain First Amended and Restated Deer
         Park Site Services, Utilities, Materials, and Facilities Agreement
         dated as of the Effective Date, by and between the Company and Shell;

         "DELIVERY POINT(S)" means the location(s) specified in the SCHEDULES to
         which each SUMF Item will be delivered and at which title to, and risk
         of loss of, a SUMF Item passes from the Supplier to the Purchaser;

         "DIRECT SITE COSTS" means the fully burdened and overheaded fixed costs
         (without other mark-up or profit factor, incurred at the Site by
         Supplier in providing SUMF but which do not vary primarily based on
         consumption, usage or production. Direct Site Costs include personnel
         costs for the personnel involved in the provision of SUMF and costs of
         any SUMF Items procured by Supplier for Purchaser from a Third Party
         pursuant to this Agreement. (Personnel costs includes all costs related
         to workers compensation programs.) If costs, including personnel costs,
         are incurred at the Site partly in

                                       3
<PAGE>

         connection with providing SUMF and partly in connection with other
         activities, an allocation of such costs shall be included in Direct
         Site Costs for the avoidance of doubt, wherever and to the extent the
         Supplier enjoys a pension fund contribution holiday the Purchaser will
         share in the benefit of such holiday only until the date when the
         Supplier resumes contributions to the pension fund at which point the
         contributions for the relevant employees will be included in the Direct
         Site Costs. Further, for the avoidance of doubt, Direct Site Costs do
         not include charges for the depreciation or amortization of SUMF
         Assets, and fines resulting from the violation by Supplier of Legal
         Requirements. In addition, Direct Site Costs do not include any costs
         which the Supplier or any of its Affiliates is required to bear under
         any Transaction Document (other than this Agreement or the Norco
         Lease). Costs which the Supplier or any of its Affiliates is required
         to bear under this Agreement or the Norco Ground Lease shall be borne
         in accordance with the terms hereof and thereof. The foregoing shall
         not be deemed to modify any Transaction Document other than this
         Agreement including any express payment or reimbursement obligation of
         the Purchaser to the Supplier under any Transaction Document other than
         this Agreement;

         "Dispute" means any dispute or difference which arises between the
         Parties in connection with or arising out of this Agreement (including,
         without limitation, any dispute as to the termination or invalidity of
         this Agreement or any provision of it);

         "EFFECTIVE DATE" means November 1, 2000;

         "ENVIRONMENTAL AGREEMENT" means the Environmental Agreement dated as of
         the Effective Date by and between Shell and Shell Epoxy Resins LLC;

         "ENVIRONMENTAL LAW" means any applicable law relating to Environmental
         Matters;

         "ENVIRONMENTAL LOSS OR DAMAGE" means any Loss or Damage relating to the
         infringement of an Environmental Law and/or any other Environmental
         Matter being the basis for any claim or possible claim (a) by
         governmental authorities for enforcement, fines, cleanup, removal,
         response, remediation, or other actions or damages pursuant to any
         applicable Environmental Law or (b) by any third person, including the
         Parties, seeking damages, contribution, indemnification, cost recovery,
         compensation or injunctive relief or otherwise giving rise to Loss or
         Damage;

         "ENVIRONMENTAL MATTERS" means (i) the protection of the environment,
         worker health and safety and/or the public welfare from actual or
         potential exposure (or the effects of exposure) to any actual or
         potential release, discharge, disposal or emission (whether past or
         present) of any hazardous substance or waste, (ii) the manufacture,
         processing, distribution, use, treatment, labeling, storage, disposal,
         transport or handling of any hazardous substance or waste, or (iii)
         soil or groundwater contamination, air pollution or surface water
         pollution or other actual or threatened impact on the environment,
         worker health and safety or public welfare;

                                       4
<PAGE>

         "ENVIRONMENTAL PROTECTION SYSTEM" means any environmental protection
         system used by Supplier in connection with the provision of the SUMF
         Items, including , without limitation, biotreater, waste water
         treatment plant, and all pipes, drains, channels conduits, sumps and
         other items, plant or machinery connected with or associated with such
         system;

         "FINANCIAL REPORTING ACCOUNTS" means those books and records maintained
         by the Supplier for financial reporting to the Supplier's parent
         company(ies) or corporate headquarters, which shall be maintained in
         accordance with generally accepted accounting principles;

         "FIRM CAPACITY RESERVATION" means the maximum volume of a SUMF Item to
         be supplied under this Agreement as specified in Schedule 3.4;

         "FIXED OPERATING COSTS" means Direct Site Costs and Overheads;

         "FORCE MAJEURE" has the meaning given to this term in Article 18.4;

         "GROSS NEGLIGENCE" means a failure to perform a duty of care in
         reckless disregard of the reasonably foreseeable consequences (as
         distinguished from a mere failure to exercise ordinary care) which
         affect the life or property of another;

         "HSE" means health, safety and/or environment;

         "INFRASTRUCTURE CHARGE" means the charge related to infrastructure used
         to provide SUMF Items which is a charge in lieu of depreciation and
         maintenance capital on existing SUMF Assets;

         "INFLATION RATE" shall for a given yearly period equal the following
         fraction (rounded to the fourth decimal place): (x) the numerator shall
         equal the average Published Inflation Index for the calendar year
         preceding the commencement of such yearly period, and (y) the
         denominator which shall equal the average Published Inflation Index of
         the calendar year preceding that for the numerator described above
         (i.e. for a yearly period commencing April 1, 1999, the numerator would
         have equaled 389.5 (the average Published Inflation Index for 1998);

         "INTELLECTUAL PROPERTY TRANSFER AND LICENSE AGREEMENT" means the
         Agreement to be entered into between Shell Oil Company and the Company
         relating to intellectual property transfer and licensing;

         "INTER-BANK OFFERED RATE" means a percentage equal to the rate
         specified in Exhibit A;

         "INTEREST RATE" means a percentage equal to the Inter-Bank Offered Rate
         specified in Exhibit A plus one point five percent (1.5%) p.a.;

                                       5
<PAGE>

         "LEGAL REQUIREMENTS" means all applicable federal, state and local
         laws, regulations, rules, ordinances, codes, standards and rules of
         common law;

         "LONG TERM SUMF" has the meaning given to this term in Article 4;

         "LOSS OR DAMAGE" means any loss, damage or injury of whatever nature,
         including without limitation, personal injury, disease and death;

         "METER" has the meaning given to this term in Article 15;

         "MONITORING COMMITTEE" means the committee to be formed of the
         Company's Representative and Shell's Representative which shall have
         the functions set out in Article 16;

         "MSA" means that certain Master Sales Agreement dated as of the July
         10, 2000 among Shell, Resin Acquisition LLC and Shell Epoxy Resin Inc.

         "NORCO GROUND LEASE" means lease entered into between Shell and the
         Company dated as of the Effective Date related to the Site.

         "OVERHEADS" means, without duplication of any Direct Site Cost, in
         relation to each SUMF Item, an allocation of the indirect fully
         burdened and overheaded fixed costs incurred at the Site related to
         management and operation of the Site that are not specifically
         attributable to a certain plant at the Site (without other mark-up or
         profit factor), including, but not limited to, the following (where
         they are not provided as separate SUMF Items): Site management and
         general services; office services, accommodation and catering; and
         taxes. Overheads shall not include any allocated costs of corporate
         services, unless incurred for specific services in the same manner as
         Third Party services, such as tax, legal or other services, and shall
         not include the fees paid to the Supplier's parent company(ies) or any
         other Affiliate, division, business unit or headquarters as a share of
         corporate overhead. Further, for the avoidance of doubt, Overheads do
         not include charges for the depreciation or amortization of SUMF Assets
         or other assets, and fines resulting from the violation by Supplier of
         Legal Requirements. In addition, Overheads do not include any costs
         which the Supplier or any of its Affiliates is required to bear under
         any Transaction Document (other than this Agreement or the Norco Ground
         Lease). Costs which the Supplier or any of its Affiliates is required
         to bear under this Agreement or the Norco Park Ground Lease shall be
         borne in accordance with the terms hereof and thereof. The foregoing
         shall not be deemed to modify any Transaction Document other than this
         Agreement including any express payment or reimbursement obligation of
         the Purchaser to the Supplier under any Transaction Document other than
         this Agreement;

         "PARTY" or "PARTIES" means Shell and the Company;

                                       6
<PAGE>

         "PRE-CONTRACTUAL STATEMENT" means any draft, agreement, undertaking,
         representation, warranty, promise, assurance or arrangement of any
         nature whatsoever, whether or not in writing, relating to the subject
         matter of this Agreement made or given by any person at any time prior
         to the date of this Agreement other than the Transaction Documents;

         "PROPERTY" means, in relation to each Party, the plants, buildings and
         other improvements, land and/or other real property interests,
         fixtures, equipment, inventory, finished product, vehicles and other
         tangible personal property interests owned or leased by a Party that
         are now or in the future located within the Site or, in relation to the
         Supplier, elsewhere if used to provide SUMF;

         "PUBLISHED INFLATION INDEX" for a given calendar year shall equal the
         index in the "Chemical Engineering Plant Cost Index" for that calendar
         year as published in the Chemical Engineering Magazine. If the
         Published Inflation Index is discontinued, the Parties shall adopt by
         mutual agreement a replacement index that most closely measures the
         price changes measured by the original Published Inflation Index that
         is discontinued. If the basis of reporting of the Published Inflation
         Index is changed from the basis in effect on the date hereof, then the
         Published Inflation Index shall be correspondingly changed.

         "PURCHASER" means the party who purchases a particular SUMF Item from
         the Supplier;

         "SHARED FACILITIES AGREEMENT" means that certain Shared Facilities
         Agreement by and between Motiva Enterprises LLC and Shell Chemical
         Company on its behalf and as authorized agent of Shell Oil Company
         pursuant to the Chemical Authorization Agreement, and Shell Oil Company
         as represented by Shell Chemical Company dated July 1, 1998;

         "SHELL FACILITIES" means the MEK plant, Utilities and Biotreater Units
         situated at the West Site and the associated assets, facilities and
         rights;

         "SHELL'S HSE AND TECHNICAL STANDARDS" means those standards as defined
         and applied by Shell for services and operations hereunder at the
         location of the Site, including EGGS, SFME and site wide procedures;

         "SHORT TERM SUMF" has the meaning given to this term in Article 4;

         "SITE" means the commercial or industrial complex or facilities
         described in Exhibit A;

         "SOLE SUPPLIER SUMF" has the meaning given to this term in Article 4;

         "STEERING COMMITTEE" means a steering committee consisting of senior
         representatives of the Company and Shell which has responsibilities
         beyond the daily operation of the SUMF Assets and Company Facilities;

                                       7
<PAGE>

         "SUMF" means the site services, utilities, materials and facilities to
         be supplied under this Agreement;

         "SUMF ASSETS" means those assets of the Supplier used in the provision
         of SUMF;

         "SUMF CHARGE(S)" or "CHARGE(S)" means the charge(s) to be paid by the
         Purchaser to the Supplier for each SUMF Item in accordance with Article
         5 and Article 6;

         "SUMF ITEM" or "ITEM OF SUMF" means any part of SUMF;

         "SUPPLIER" means the party who supplies or operates a particular SUMF
         Item;

          "THIRD PARTY" means any person or company other than the Supplier, the
         Purchaser or their respective Affiliates;

         "TRANSACTION DOCUMENTS" means (i) the MSA, and (ii) all documents
         executed in connection therewith or relating thereto, including,
         without limitation, the following which are defined in the MSA: this
         Agreement, the Intellectual Property Transfer and License Agreement,
         the Environmental Agreement, the Norco Ground Lease, the Norco Space
         Lease (Administration Building) and Norco Space Lease (Laboratory,
         Office Control Room, Warehouse and C-Unit Space Lease);

         "USER" means any company, entity, division, or business unit (including
         divisions and business units of the Supplier and its Affiliates) to
         which SUMF or its equivalent is furnished by the Supplier at the Site;

         "VARIABLE COSTS" means those operating costs, without duplication of
         any Direct Site Cost, incurred at the Site by Supplier in providing
         SUMF which vary primarily based on consumption, usage or production,
         and which charges are reconcilable with the cost accounting system of
         the Supplier existing as of the Effective Date and as from time to time
         modified by Supplier (if applied to the entire Site), including the
         costs of air, cooling water, fuel, nitrogen, process materials, steam
         and applicable taxes, but not depreciation;

         "WEST SITE" means the facilities described in Exhibit A; and

         "Willful Misconduct" means an intentional act or omission which is in
         disregard of (a) a known risk or a risk so obvious that it cannot be
         said one was truly unaware of it and (b) a risk so great that it is
         highly probable that harm will follow.

                                   ARTICLE 2
                                INTERPRETATIONS

2.1      In this Agreement, unless otherwise specified:

                                       8
<PAGE>

         (a)    references to Articles, Exhibits and Schedules are to Articles
                of, and Exhibits and Schedules to, this Agreement;

         (b)    use of any gender includes the other genders;

         (c)    references to a "company" shall be construed so as to include
                any company, corporation or other body corporate, wherever and
                however incorporated or established;

         (d)    references to a "person" shall be construed so as to include any
                individual, firm, company, any federal, state, local or
                municipal governments, or any agency of a federal, state, local
                or municipal authority or government body, or any joint venture,
                association or partnership (whether or not having separate legal
                personality);

         (e)    references to "USD" are to United States dollars;

         (f)    any reference to a "day" (including within the phrase "Business
                Day") shall mean a period of 24 hours running from midnight to
                midnight;

         (g)    a reference to any other document referred to in this Agreement
                is a reference to that other document as amended, varied,
                novated or supplemented at any time;

         (h)    where a word or phrase is given a particular meaning, other
                parts of speech and grammatical forms of that word or phrase
                have corresponding meanings;

         (i)    references to the Purchaser shall be deemed to include its
                successors and assigns and references to the Supplier shall be
                deemed to include its successors and assigns; and

         (j)    a reference to this "Agreement" or any other agreement or
                document or statute or statutory provisions shall be construed
                as a reference to it as amended, modified or novated from time
                to time.

2.2      The table of contents and headings in this Agreement are inserted for
         convenience only and shall not be taken into consideration in the
         interpretation or construction of this Agreement.

2.3      In the event of a conflict between the terms and conditions set out in
         the main body of this Agreement and any of the Exhibits or SCHEDULES or
         attachments hereto, the relevant Exhibit, SCHEDULE or attachment shall
         prevail unless expressly stated otherwise in this Agreement.

                                       9
<PAGE>

2.4      In the event of any inconsistency between the provisions of this
         Agreement and the Intellectual Property Transfer and Licensing
         Agreement, the provisions of the Intellectual Property Transfer and
         Licensing Agreement shall prevail.

2.5      Purchaser and Supplier acknowledge that notwithstanding any provision
         to the contrary in this Agreement, the provisions of Clause 10.3 of the
         Environmental Agreement shall apply as between any Seller Indemnified
         Party (as defined in the Environmental Agreement) and SER Indemnified
         Party (as defined in the Environmental Agreement) and any Person (as
         such term is defined in the MSA) to whom a transfer or assignment is
         made in accordance with Clause 11.1 of the Environmental Agreement. Any
         obligation or liability of any SER Indemnified Party (as defined in the
         Environmental Agreement) or Seller Indemnified Party (as defined in the
         Environmental Agreement) under this Agreement shall be without
         prejudice to the rights, if any, of the relevant party to claim
         Environmental Damages (as defined under the Environmental Agreement)
         under the Environmental Agreement

                                   ARTICLE 3
                               OBJECT AND SCOPE

3.1      Subject to Section 8.5 and Article 18, Shell as the Supplier agrees to
         supply the Company and the Company as Purchaser agrees to purchase the
         SUMF Items described herein under the terms and conditions set out in
         this Agreement. Except as otherwise provided in Section 3.5 and
         SCHEDULE 3.1, the Company may purchase the amounts of each SUMF Item
         set forth in SCHEDULE 3.1 up to its Firm Capacity Reservation from
         Shell until termination of such SUMF Item in accordance with the
         provisions of this Agreement. Upon the termination of a Short Term SUMF
         Item, Shell shall physically disconnect from that SUMF Item's delivery
         system in the time and manner instructed by Shell and Shell shall pay
         all costs associated with the physical disconnection, except such costs
         in connection with the relocation of the assets of the Company from the
         Norco warehouse when the lease of such warehouse terminates. Upon the
         termination in advance of the end of the initial or any extension term
         of a Long Term SUMF Item, the Party terminating the SUMF Item shall
         physically disconnect from that SUMF Item's delivery system in the time
         and manner instructed by Shell and the terminating party shall pay the
         costs associated with the physical disconnection. At the end of the
         initial or any extension term of a Long Term SUMF Item or a Sole
         Supplier Item, all costs associated with the physical disconnection
         shall be paid 50% by Purchaser and 50% by Supplier. Each Party agrees
         to cooperate with the other Party in order to facilitate disconnection
         and minimize disconnection costs. In no event shall the Supplier be
         obligated to pay any start up costs of either Party to replace the
         discontinued SUMF Item.

3.2      Subject to Section 8.5 and Article 18, the Company as the Supplier
         agrees to supply Shell and Shell as Purchaser agrees to purchase the
         SUMF Items described herein under the terms and conditions set out in
         this Agreement. Except as otherwise provided in Section 3.5 and
         SCHEDULE 3.2, Shell may purchase the amounts of each SUMF Item set
         forth in

                                      10
<PAGE>

         SCHEDULE 3.2 up to its Firm Capacity Reservation from the Company until
         termination of such SUMF Item in accordance with the provisions of this
         Agreement.

3.3      A description and, where appropriate, the technical specifications of
         the SUMF Items which the Parties have agreed to provide hereunder, the
         price, delivery terms, specific exclusions and limitations, if any, on
         consumption and supply, and such other details as this Agreement may
         require or as the Parties may agree, of each SUMF Item are set out in
         this Agreement.

3.4      Any Firm Capacity Reservation amounts for each SUMF Item as agreed by
         the Parties are set out in SCHEDULE 3.4(A) and (B).

3.5      If the Purchaser or the Supplier subsequently wishes to change the
         nature, quantity or type of any SUMF Item provided hereunder, the other
         party shall use reasonable efforts to accommodate such request but,
         except as set forth in the next sentence, with no obligation to make
         such change. The Purchaser shall have the right upon ninety (90) days
         advance written notice in the case of a Short Term SUMF Item and three
         (3) years advance written notice in the case of a Long Term SUMF Item
         (or such shorter period of time as may be required to terminate such
         SUMF Item under the applicable schedule) to reduce its Firm Capacity
         Reservation for such SUMF Item provided hereunder and when reduced
         receive a pro rata reduction in the Fixed Operating Costs and
         Infrastructure Fees for such SUMF Item. There shall be no minimum or
         maximum limit on the extent of the reduction except as the Supplier may
         require for the protection of health, safety or the environment.

3.6      Title to and risk of loss of a SUMF Item shall pass from the Supplier
         to the Purchaser at the Delivery Point(s) specified in the applicable
         SCHEDULE.

3.7      SUPPLIER MAKES NO REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED WITH
         RESPECT TO THE SUMF ITEMS EXCEPT AS EXPRESSLY SET FORTH IN THIS
         AGREEMENT. NO REPRESENTATION OR WARRANTY SHALL BE IMPLIED UNDER THIS
         AGREEMENT OR AT LAW, INCLUDING BUT NOT LIMITED TO, WARRANTY OF
         MERCHANTABILITY OR WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE OR
         ADEQUACY AS TO THE SUMF ITEMS. SUPPLIER PROVIDES NO WARRANTY FOR THE
         PERFORMANCE OF ANY COMPUTER SYSTEMS, DIGITAL DEVICES AND COMPONENTS
         THEREOF. PURCHASER ACKNOWLEDGES THAT EXCEPT AS EXPRESSLY SET FORTH
         HEREIN, NO REPRESENTATIONS OR WARRANTIES ARE BEING MADE HEREIN AND
         PURCHASER RELEASES AND RELIEVES SUPPLIER FROM AND HEREBY WAIVES ANY
         SUCH OTHER REPRESENTATIONS OR WARRANTIES.

                                      11
<PAGE>

                                   ARTICLE 4
                              CATEGORIES OF SUMF

4.1      SUMF Items specified in SCHEDULES 3.1 and 3.2 as "Short Term SUMF
         Items" shall be supplied to the Purchaser by the Supplier on an initial
         short term basis upon the terms and for the period stated therein,
         provided that such term shall be automatically extended unless either
         Party elects to terminate the supply of a particular Short Term SUMF
         Item. A Short Term SUMF Item may be terminated as provided in Article
         10.

4.2      SUMF Items specified in SCHEDULES 3.1 and 3.2 as "Sole Supplier SUMF
         Items" may not be terminated by the Purchaser or the Supplier except by
         way of a termination of this Agreement as a whole.

4.3      SUMF Items specified in SCHEDULES 3.1 and 3.2 as "Long Term SUMF Items"
         shall be supplied to the Purchaser by the Supplier on a long term
         basis. Article 10 provides specific termination clauses for Long Term
         SUMF Items.

                                   ARTICLE 5
                                 SUMF CHARGES

5.1      In consideration of the supply of the SUMF Items by the Supplier to the
         Purchaser, as provided herein, the Purchaser shall pay the Supplier the
         SUMF Charges as specified in the relevant SCHEDULES. In no event shall
         SUMF Charges include any costs charged to Purchaser under any other
         agreement with the Supplier or any of its Affiliates.

5.2      In addition to the SUMF Charges set forth in Section 5.1 and the
         Schedules, the Purchaser shall be responsible for any existing or
         future sales tax, use tax, value added tax, environmental tax or other
         governmental charge or tax (other than taxes measured by income) levied
         or imposed on the Supplier with respect to any SUMF Items consumed by
         the Purchaser. The Purchaser shall also bear any increase in the cost
         of providing a SUMF Item resulting from a change in local, state, or
         federal tax law. The charges to be paid by Purchaser under this Section
         5.2 shall be without duplication to the charges set forth in the
         Schedules and Section 5.1.

                                    ARTICLE 6
                       SUMF CHARGES WITH REFERENCE TO COST

Where Charges for SUMF Items are to be determined wholly or partly by reference
to cost the following shall apply:

6.1      (a)    Except as otherwise provided in this Article 6 or in the
                SCHEDULES, the Purchaser shall pay:

                (i)     its share of Variable Costs for each SUMF Item based on
                        the Purchaser's consumption of such SUMF Item;

                                      12
<PAGE>

                (ii)    its share of Fixed Operating Costs for each SUMF Item
                        based on the fraction equal to the Purchaser's Firm
                        Capacity Reservation of such SUMF Item compared to the
                        Total Firm Capacity of such SUMF Item as set forth in
                        Schedule 3.4; and

                (iii)   the Infrastructure Charge specified in SCHEDULES 3.1 and
                        3.2.

         (b)    Notwithstanding the provisions of Section 6.1(a)(ii) to the
                contrary:

                (i)     the amount of the Purchaser's share of Fixed Operating
                        Costs for all Long Term and Sole Supplier SUMF Items for
                        calendar year 2001 shall not be increased or decreased
                        from the amount of Purchaser's share of such Fixed
                        Operating Costs for calendar year 2000 (determined on an
                        annualized basis) by an amount exceeding the product of
                        (x) the total amount of such Fixed Operating Costs
                        payable by the Purchaser under this Agreement for
                        calendar year 2000 and (y) 3% plus the percentage
                        increase, if any, in the Cost Index for 2000 over the
                        Cost Index for 1999; and

                (ii)    the amount of the Purchaser's share of Fixed Operating
                        Costs for all Long Term and Sole Supplier SUMF Items for
                        each of the next four calendar years (2002 through 2005)
                        shall not be increased or decreased from the amount of
                        Purchaser's share of such Fixed Operating Costs in the
                        immediately preceding calendar year (as limited by the
                        provisions of this Section 6.1 (b)) by an amount
                        exceeding the product of (x) the total amount of such
                        Fixed Operating Costs payable by the Purchaser under
                        this Agreement for the immediately preceding calendar
                        year and (y) 3% plus the percentage increase, if any, in
                        the Cost Index for such immediately preceding calendar
                        year over the Cost Index for the calendar year
                        immediately preceding such immediately preceding
                        calendar year.

         (c)    For purposes of the foregoing computation, (A) Fixed Operating
                Costs shall exclude costs incurred in connection with
                turnarounds on SUMF Assets, planned and unplanned major special
                maintenance on SUMF Assets, costs for usage in excess of Firm
                Capacity Reservations (i.e., Exceedance Costs) and fines and
                remediation costs permitted to be charged to the Purchaser as
                part of Fixed Operating Costs pursuant to this Agreement (B) the
                amount comprising the Purchaser's share of Fixed Operating Costs
                for any SUMF Item in a prior year shall be normalized to the
                extent the Purchaser's Firm Capacity Reservation for such SUMF
                Item in such year (i) differs from its Firm Capacity Reservation
                for such SUMF Item in the current year and (ii) differs as a
                result of additional SUMF Item or type of SUMF being supplied.
                The term "Cost Index" means, as to 50% of such index, the
                average of the wages in the chemical process industry for a
                calendar year and, as to the remaining 50% of such index, the
                average of the materials costs in the chemical process industry
                for a calendar year, in each case as reported by the Chemical
                Engineering Magazine under its Chemical

                                      13
<PAGE>

                Engineering Plant Cost Index for Construction Labor or its
                Chemical Engineering Plant Cost Index for pipe valves and
                fittings, whichever index is applicable or, if that publication
                is no longer issued, by another publication agreed upon by the
                parties.

6.2      Costs will be ascertained and charged pursuant to the Supplier's cost
         accounting practices which the Supplier represents are used for, or are
         directly reconcilable with, its Financial Reporting Accounts. The
         Supplier may modify its cost accounting practices for its Financial
         Reporting Accounts from time to time in the normal course of business
         in conformity with generally accepted accounting principles but in all
         events, after the Supplier has permitted the Purchaser to review, and
         has consulted with the Purchaser, as to such modification.
         Notwithstanding the foregoing, the Seller shall not make any such
         modification unless (i) it is for a legitimate business purpose not
         designed solely to increase SUMF Charges to the Purchaser or to Users
         generally and (ii) it does not have a discriminatory economic effect on
         the Purchaser relative to other Users except as may be permitted in
         this Agreement or as may be implemented to correct errors. The cost of
         any component of SUMF Items procured by Supplier through a Third Party
         shall be passed through to Purchaser at Supplier's cost plus an
         allocation and charge for any applicable Overheads. The Parties
         expressly acknowledge that any Dispute pursuant to this Section 6.2 is
         subject to the provisions of Article 19.

6.3      The Purchaser shall not be responsible for any termination costs
         resulting from the Supplier's fixed cost reduction efforts in response
         to a reduction or termination of demand by any User other than the
         Purchaser except to the extent that the Purchaser benefits from the
         reduction efforts, in which case the Purchaser shall bear its
         proportionate share of the cost (calculated using the proportion of
         financial participation in the benefit) up to but not in excess of the
         benefit derived.

         The Purchaser shall pay the reasonable costs, including personnel
         termination costs (including those actuarially determined), resulting
         from the Supplier's fixed cost reduction efforts in response to a
         permanent or long-term reduction or termination of demand by the
         Purchaser of a long term SUMF Item pursuant to this Agreement.

6.4      The Purchaser shall bear the costs, of any redundancy program required
         as a result of manpower productivity improvements to a particular SUMF
         Item in proportion to the reduction of the relevant SUMF Charges to the
         Purchaser before and after the productivity improvement as compared to
         such reduction of SUMF Charges to all other Users up to, but not in
         excess of such reduction in SUMF Charges. Notwithstanding anything
         contained in this Agreement to the contrary, (i) the Purchaser shall
         not be responsible for any costs of termination by the Supplier of an
         employee unless such termination occurs within 180 days from the date
         of reduction or termination by the Purchaser of a Long Term SUMF Item,
         (ii) the Purchaser shall only be responsible for (A) termination costs
         paid to such a terminated employee in accordance with the Supplier's
         policies in effect on the date of such reduction or termination and (B)
         salaries and benefits which are provided to such a terminated employee
         pursuant to the Supplier's policies in effect on the date of

                                      14
<PAGE>

         such reduction or termination for up to sixty (60) days following such
         date and (iii) an employee who is transferred by the Supplier to an
         Affiliate as a result of any such termination or reduction shall not be
         considered a terminated employee for purposes of Section 6.3 or this
         Section 6.4 unless such transfer results in severance costs.

6.5      Unless the Parties agree otherwise in EXHIBIT A, the Parties shall keep
         accurate books and records of their activities relevant to this
         Agreement, for at least three (3) years after the calendar year in
         question or such longer period as may be required by law.

6.6      To verify the correctness of any invoices issued and payments made
         hereunder for the current calendar year and for any of the three (3)
         preceding years, to verify the implementation of the Supplier's
         curtailment and other procedures, and to verify initial Firm Capacity
         Reservation, a Party, upon at least sixty (60) days prior written
         notice and at reasonable times and intervals but not more than once in
         any calendar year, may require that, at that Party's cost, an
         independent auditor (or an internal auditor as to a Party's auditing
         its own books), perform an audit for such purposes.

         The Parties shall provide such auditors with the necessary data and
         explanations reasonably necessary for the calculation of the SUMF
         Charges and the basis therefor.

         The requesting Party undertakes to procure that such auditors are bound
         by obligations of confidentiality at least as strict as those set out
         in Article 12.

         Any report produced by such auditors shall be provided to both the
         Purchaser and the Supplier and shall state the results of the
         aforementioned verifications. If such report reveals that errors have
         been made and that Purchaser was overcharged or undercharged by an
         amount equal to or greater than USD 50,000 or its equivalent in local
         currency, the report shall state the nature, amount and consequences of
         such error(s) together with such additional information as is
         reasonably necessary to explain the genesis of said errors and to
         enable the Parties to avoid recurrence thereof.

         Notwithstanding the first paragraph of this Section 6.6, the costs of
         the audit shall be borne by the Supplier if the report reveals an
         overcharge in an amount equal to or greater than USD 50,000 or its
         equivalent in local currency. Interest on any overpayment or
         underpayment shall accrue at the Interest Rate from the date the
         overpayment was made or the underpayment amount would otherwise have
         been due until the date of refund or payment, as applicable.

         Any audit shall be pursued diligently and completed no later than
         ninety (90) days after its commencement and any claims must be made in
         writing within ninety (90) days following completion of the audit. If
         either Party submits a claim following audit, and the Parties are
         unable to resolve the claim within sixty (60) days, the matter will be
         submitted for Dispute Resolution, in accordance with the provisions of
         Article 19.

                                      15
<PAGE>

                                   ARTICLE 7
                                 PAYMENT TERMS

7.1      The Purchaser shall pay the SUMF Charges in the currency specified in
         EXHIBIT A.

         In no event shall either Party be entitled to set off or reduce any
         payments due and owing to the other Party under this Agreement by any
         amount which the first Party claims are owed to it by the other Party
         pursuant to any other agreement between the Parties.

7.2      Unless otherwise set out in the relevant SCHEDULES, the provisions set
         out below apply:

         (a)    Payment shall be made for the SUMF Item by the Purchaser in the
                manner set forth in Schedule 7.2.

         (b)    The final reconciliation for a year shall be made within the
                first sixty (60) days of the end of such preceding year or such
                other period as may be agreed in writing. Overcharges or
                undercharges, plus Interest at the Interest Rate, shall be
                credited or debited in the first billing cycle of the next
                accounting period.

         (c)    The invoices shall be broken down in sufficient detail to
                indicate the SUMF Charges for each particular SUMF Item supplied
                during the period in question. The SUMF Charge for each SUMF
                Item shall in turn be broken down in sufficient detail as the
                Purchaser may reasonably request and as the Supplier can
                reasonably provide.

         (d)    Subject to Section 7.2(e) and 7.2(f), the Purchaser shall pay
                each invoice on or before the due date to which such invoice
                relates. From the due date until actual payment, interest will
                accrue on the amount owing at the Interest Rate.

         (e)    If the Purchaser disagrees with an amount invoiced, the
                Purchaser shall advise the Supplier in writing of the amount
                disputed within thirty (30) days of the date of the invoice and
                the reason why the Purchaser considers the SUMF Charges not to
                be properly made. Subject to Section 7.2(f), the Supplier
                permits the Purchaser to defer payment of the disputed invoice
                amount, and only that amount, if the disagreement cannot be
                resolved before the normal due date. Payment of the undisputed
                portion of an invoice shall not constitute approval of the
                entire invoice. Any such deferred payment shall bear interest at
                the Interest Rate from the original due date until the date on
                which actual payment is made.

         (f)    The Parties shall meet to resolve any dispute with respect to an
                invoice as expeditiously as possible. The Supplier shall provide
                to the Purchaser within thirty (30) days after receipt of such
                payment a response answering the question in reasonable detail
                sufficient to permit the Purchaser to verify the accuracy of
                such invoice. The Purchaser shall either accept the Supplier's
                response or give written notice to the Supplier that the
                Purchaser continues to question such invoice.

                                      16
<PAGE>

                Promptly after receipt of such notice, the Supplier and the
                Purchaser shall negotiate in good faith with respect to
                resolving such question. If the Supplier and the Purchaser
                cannot resolve such question in a mutually satisfactory manner
                within twenty (20) days after such notice shall have been given,
                the question shall promptly be submitted to a firm of
                independent public auditors, of international repute, as
                determined by mutual agreement between the Supplier and the
                Purchaser within another twenty (20) days or, in default of
                agreement, as chosen by lot from among four independent public
                auditors, two of which shall be selected by the Supplier and two
                of which shall be selected by the Purchaser. Such firm will
                review the applicable books and records of the Supplier and the
                Purchaser and make such other investigations as such firm shall
                deem necessary to make a recommendation to the Parties for a
                resolution of such question. The costs of retaining such firm
                shall be borne by the Purchaser unless the firm determines that
                the Purchaser was overcharged by an amount equal to or greater
                than USD 35,000 or its equivalent in local currency, in which
                case the costs of retaining such firm shall be borne by the
                Supplier. The recommendation of the auditors shall be final and
                binding on the parties and not subject to challenge and
                resolution under Article 19 and judgment thereon may be entered
                in any court of competent jurisdiction.

         (g)    Any refund of a disputed amount, or payment of any additional
                sums, shall be promptly made following the final determination
                as aforesaid and shall include interest at the Interest Rate
                based on the actual number of days elapsed from the due date of
                the original invoice to the date such refund or additional
                payment is made.

         (h)    Unless agreed otherwise between the Parties in Exhibit A, the
                Supplier shall provide the Purchaser with a quarterly report on
                variations from the Annual Plan & Budget no later than thirty
                (30) days from the end of the relevant quarter. In the event of
                a difference between the Annual Plan & Budget and actual results
                exceeding 3% or the equivalent of at least USD 50,000, whichever
                is greater, the Supplier shall consult with the Purchaser and
                provide relevant explanations for such differences. The Parties
                will discuss which actions, if any, are to be taken with respect
                to such differences.

                                   ARTICLE 8
             ANNUAL FORECAST, ANNUAL PLAN & BUDGET AND CURTAILMENT

8.1      For operational forecast purposes only, unless the Purchaser otherwise
         submits to Supplier on or before 1st June in each calendar year a
         non-binding annual forecast of its quarterly volume requirements for
         each SUMF Item for the forthcoming calendar year and estimates of its
         volume requirements for each SUMF Item for the following four (4)
         years, the Supplier shall use the prior year's volume forecast for SUMF
         Items and estimates of volume requirements for the forthcoming year and
         four subsequent years.

                                      17
<PAGE>

         The Purchaser shall update any such forecast on or before September 1st
         of each year to provide its actual forecast.

8.2      Not later than 1st December in each calendar year or such other date as
         the Parties may agree, the Supplier shall prepare and submit to the
         Purchaser an operational forecast of the SUMF Charges for the
         forthcoming calendar year.

8.3      The Purchaser shall review the forecast referred to in Section 8.2. The
         Purchaser shall raise any objections it may have no later than thirty
         (30) days after submission of such forecast, or by such other time as
         the Parties may agree. Disputes over the forecast shall be communicated
         to the Monitoring Committee for resolution.

8.4      Upon the approval of both Parties, the forecast referred to in Section
         8.2 shall become the "Annual Plan & Budget." Under no circumstance
         shall the Annual Plan & Budget (or lack thereof) relieve the Purchaser
         from its payment obligations under Articles 5, 6 and 7 for SUMF Items
         provided to it under this Agreement.

         For each SUMF Item, the Annual Plan & Budget(s) for the calendar year
         2000 is set forth in SCHEDULE 8.4.

8.5      In the event that any SUMF Items are not available at the planned
         volumes for any reason whatsoever, the Supplier shall implement the
         then current curtailment procedures followed by the Supplier and as
         specified in the applicable SCHEDULES. Unless otherwise provided in any
         SCHEDULE hereto, such curtailment procedures will be based upon the
         following priorities: (i) safety; (ii) minimizing adverse environmental
         impact; and (iii) sustaining the operations of both Shell and the
         Company and the Site as a whole.

8.6      The Supplier shall have the right to selectively impose curtailment
         based upon the foregoing considerations regardless of the cause of the
         curtailment and without liability for any Loss or Damage. Additional
         general curtailment provisions are set forth in Schedule 8.6. This
         Section 8.6 does not permit a Supplier to curtail based on business
         considerations that prefer one Party. Shell hereby represents and
         warrants to the Company that it has made available to the Company a
         complete set of the curtailment guidelines in effect as of the date
         hereof at the Site.

8.7      If reasonably possible, the Supplier shall advise the Purchaser of any
         impending curtailment and the Parties shall cooperate to avoid or
         mitigate the effects of such curtailment in an economically efficient
         manner.

                                   ARTICLE 9
                                   LIABILITY

9.1      Damage to Assets and Employees.

                                      18
<PAGE>

     (a)   Each Party shall, except as provided in Section 9.6, 9.1(b),
9.2(a)(iii), 9.2(b)(iii) and as set forth in Section 9.2(c), be responsible for
any Loss or Damage to such Party's property (including any SUMF Asset of such
Party), and with respect to any SUMF Assets shall be responsible for restoring
such SUMF Asset.

     (b)   If any Damage or Loss to a SUMF Asset shall occur by reason of the
Gross Negligence or Willful Misconduct of a Party, such Party shall be
responsible for the cost of restoration of such SUMF Asset.

     (c)   Each Party shall, except as provided in Section 9.2, be responsible
for any Loss or Damage of such Party to any employee of such Party.

9.2  (a)   Purchaser Indemnity. Subject to the limitations set forth in this
           -------------------
Article 9, the Purchaser shall be responsible for and shall indemnify, defend
and hold harmless the Supplier Indemnitees from and against the following:

     (i)   any Loss or Damage of Supplier Indemnitees to any of the Purchaser's
           Employees attributable to (a) the Purchaser's negligence (excluding
           any Loss or Damage attributable to Supplier's negligence and
           excluding any Loss or Damage attributable to performance of Employee
           Services by Purchaser's Employees), or (b) the Purchaser's Gross
           Negligence or Willful Misconduct;

     (ii)  any Loss or Damage of Supplier Indemnitees to any of the Supplier's
           Employees not arising from their performance of Employee Services
           attributable to the Purchaser's Gross Negligence or Willful
           Misconduct;

     (iii) any Loss or Damage to any of the Supplier's property (excluding any
           SUMF Asset) attributable to the Purchaser's Gross Negligence or
           Willful Misconduct;

     (iv)  any Loss or Damage of Supplier Indemnitees resulting from Third Party
           Claims attributable to (a) the Purchaser's negligence or (b) the
           Purchaser's Gross Negligence or Willful Misconduct; and

     (v)   any Loss or Damage of Supplier Indemnitees to any of Supplier's
           Employees arising from their performance of Employee Services
           attributable to

           (a)  the Purchaser's Gross Negligence or Willful Misconduct,

           (b)  the Purchaser's negligence, or

           (c)  the Supplier's negligence (but not the Supplier's Gross
                Negligence or Willful Misconduct);

provided, however, that, except as provided in Article 14 and Section 9.6, the
-----------------
Purchaser's aggregate liability for any Loss or Damage arising under Section
9.2(a)(ii) or 9.2(a)(iii) shall not (i) in any calendar year, exceed 33 1/3% of
the SUMF Charges in the preceding calendar year (in

                                      19
<PAGE>

the first calendar year, 33 1/3% of the SUMF Charges for that calendar year); or
(ii) for loss resulting from any single event, exceed 33 1/3% of the SUMF
Charges in the calendar year in which the Loss or Damage first occurs.

     (b)  Supplier Indemnity. Subject to the limitations set forth in this
          ------------------
Article 9, the Supplier shall be responsible for and shall indemnify, defend and
hold harmless the Purchaser Indemnitees from and against the following:

     (i)   any Loss or Damage of Purchaser Indemnitees to any of the Supplier's
           Employees attributable to either (a) the Supplier's negligence
           (excluding any Loss or Damage attributable to Purchaser's negligence
           and excluding any Loss or Damage attributable to performance of
           Employee Services by Supplier's Employees) or (b) the Supplier's
           Gross Negligence or Willful Misconduct;

     (ii)  any Loss or Damage of Purchaser Indemnitees to any of the Purchaser's
           Employees not arising from their performance of Employee Services
           attributable to the Supplier's Gross Negligence or Willful
           Misconduct;

     (iii) any Loss or Damage to any of the Purchaser's property (excluding any
           SUMF Asset) attributable to the Supplier's Gross Negligence or
           Willful Misconduct;

     (iv)  any Loss or Damage of Purchaser Indemnitees resulting from Third
           Party Claims attributable to (a) the Supplier's negligence or (b) the
           Supplier's Gross Negligence or Willful Misconduct; and

     (v)   any Loss or Damage of Purchaser Indemnitees to any of Purchaser's
           Employees arising from their performance of Employee Services
           attributable to

           (a) the Supplier's Gross Negligence or Willful Misconduct,

           (b) the Supplier's negligence or

           (c) the Purchaser's negligence (but not the Purchaser's Gross
               Negligence or Willful Misconduct);

provided, however, that, except as provided in Article 14 and Section 9.6, the
--------  -------
Supplier's aggregate liability for any Loss or Damage arising under Section
9.2(b)(ii) or 9.2(b) (iii) shall not (i) in any calendar year, exceed 33 1/3% of
the SUMF Charges in the preceding calendar year (in the first calendar year, 33
1/3% of the SUMF Charges for that calendar year); or (ii) for loss resulting
from any single event, exceed 33 1/3% of the SUMF Charges in the calendar year
in which the Loss or Damage first occurs.

     (c)   If Supplier shall suffer Loss or Damage to SUMF Assets as a result of
the negligence (but not Gross Negligence or Willful Misconduct) of Purchaser or
Supplier, Supplier shall be responsible to timely restore such SUMF Asset as
soon as practical following the damage or destruction and Purchaser shall
reimburse Supplier for an amount equal to (i) the cost to restore such SUMF
Asset multiplied by (ii) the Purchaser's Capacity Reservation for such SUMF
Asset. To cover the risk of the Purchaser being required to bear a proportion of
the cost of restoring a SUMF Asset in respect of which the Supplier has
sustained Loss or Damage, the Purchaser shall insure or, with Supplier's
consent, self-insure.

                                      20
<PAGE>

     For purposes of avoiding disputes over deminimus Loss or Damages to SUMF
Assets, any Loss or Damage to a SUMF Asset which would result in a claim for
reimbursement against Purchaser under this Section 9.2(c) of less than $75,000
shall not be considered to have resulted from the negligence of Supplier or
Purchaser, except to the extent the Loss or Damage was caused by the Gross
Negligence or Willful Misconduct of such Parties; provided, however, that if, in
                                                  --------  -------
any year, the Supplier shall be precluded from reimbursement from Purchaser by
operation of this sentence in an aggregate amount exceeding $250,000 during any
twelve-month period, then this sentence shall not be effective to limit
reimbursement as to any Loss or Damage during such period.

     (d)  Each party waives and releases the other Party from and against any
and all liability for Loss or Damage to such Party's assets, excluding any SUMF
Asset, resulting from the simple negligence of the other Party and each Party
shall cause its insurance carrier to waive all rights of subrogation against the
other Party as to such Loss or Damage.

     (e)  For purposes of this Article 9, the following terms shall be defined
as set forth below:

     "Capacity Reservation" means a percentage equal to the result of the
     division of (x) the Firm Capacity Reservation of the Company or of Shell as
     initially set forth on Schedules 3.4(a) and (b) as modified by funded
     expansion of capacity, if any, by (y) the Firm Capacity Reservation of both
     the Company and Shell as so set forth or modified.

     "Employee" means any employee of the applicable Party.

     "Employee Services" shall mean emergency response, medical services,
     borrowing of employees of either of the Parties and the site security
     services.

     "Third Party Claim" means any claim initiated by a person (other than
     either Party, their Affiliates or their employees) against an indemnified
     party, any of their respective Affiliates or any of their respective
     Employees.

     "Supplier Indemnitees" means the Supplier, its Affiliates, officers,
     directors, employees, agents, servants, and other representatives of each
     of them.

     "Purchaser Indemnitees" means the Purchaser, its Affiliates, officers,
     directors, employees, agents, servants, and other representatives of each
     of them.

9.3  A Party shall promptly notify the other Party of any claim made against it
     arising out of matters covered in this Article 9. Once the indemnifying
     Party accepts its indemnity obligation, it may, at its own cost, conduct
     negotiations for the settlement of any claim made against the indemnified
     Party, and any litigation that may arise therefrom in such reasonable
     manner as the other Party shall from time to time approve, such approval
     not

                                      21
<PAGE>

     to be unreasonably withheld. The indemnified Party shall not make any
     admission which is prejudicial to the indemnifying Party unless the
     indemnifying Party has failed to accept its indemnity obligations within 20
     days after having been requested to do so.

9.4  Notwithstanding anything to the contrary contained in this Agreement, under
     no circumstance shall a Party or any of its Affiliates be held liable to
     the other Party or any of the other Party's Affiliates for any loss of
     profit, loss of use, loss of production, loss of contracts or for any other
     indirect or consequential damage that may be suffered by the other, or for
     any special, exemplary or punitive damages.

9.5  Any SUMF Items procured from a Third Party as indicated in the relevant
     Schedules will be provided by the Supplier to the Purchaser under the same
     terms and conditions applicable between the Supplier and the Third Party,
     and the Supplier shall have no liability with respect to the supply or
     performance of such SUMF Items to the extent so supplied.

9.6  Notwithstanding any other provision of this Agreement, each Party shall, to
     the fullest extent permitted by law, indemnify, defend and hold harmless
     the other Party and its Affiliates from and against any and all
     Environmental Loss or Damage and Loss or Damage to an Environmental
     Protection System (after giving effect to any recoveries from Third
     Parties) in any way resulting from or attributable to a product, material,
     feedstock or off-take owned by such Party or its Affiliates, provided
     however, that neither Party shall be required to indemnify the other Party
     for any Environmental Damage (as defined in the Environmental Agreement)
     for which it is entitled to indemnification under the Environmental
     Agreement. In addition, each Party shall comply with all environmental
     reporting requirements relating to its product, material, feedstock or off-
     take.

9.7  Any liability of each Party to the other under this Article 9 shall expire
     two years after the date on which the act giving rise to such Party's
     liability first occurred, and no claim, demand, action or proceeding shall
     be brought or initiated by the claiming Party thereafter, provided that the
     liability of a party under Section 9.6 shall not be so limited.

9.8  THE FOREGOING INDEMNITIES SET FORTH IN THIS ARTICLE 9 ARE INTENDED TO BE
     ENFORCEABLE AGAINST THE PARTIES IN ACCORDANCE WITH THE EXPRESS TERMS AND
     SCOPE THEREOF NOTWITHSTANDING TEXAS' EXPRESS NEGLIGENCE RULE OR ANY SIMILAR
     DIRECTIVE THAT WOULD PROHIBIT OR OTHERWISE LIMIT INDEMNITEES BECAUSE OF THE
     SIMPLE OR GROSS NEGLIGENCE (WHETHER SOLE, CONCURRENT, ACTIVE OR PASSIVE) OR
     OTHER FAULT OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES. EXCEPT
     AS HEREIN SET FORTH NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR
     ANY LOSS OR DAMAGE ARISING UNDER THIS AGREEMENT, EACH PARTY HEREBY WAIVING
     ALL CLAIMS OR CAUSES OF ACTION OTHER THAN AS SPECIFIED IN ARTICLE 9,
     PROVIDED,

                                      22
<PAGE>

     HOWEVER, THAT NEITHER PARTY WAIVES ANY CLAIMS, CAUSES OF ACTION OR RIGHTS
     UNDER THE ENVIRONMENTAL AGREEMENT.

9.9  The provision of this Article 9 are for the benefit of the Purchaser
     Indemnitees and the Supplier Indemnitees and no other party shall be
     entitled to any benefit of the provisions of this Article 9.

                                  ARTICLE 10
                             TERM AND TERMINATION

10.1 This Agreement shall be of full force and effect on and from the date
     hereof and shall continue for an initial term of twenty (20) years from the
     Effective Date and shall be automatically renewed thereafter for extension
     terms of five (5) years each, unless terminated earlier as provided for in
     this Agreement.

10.2 The Company may, in addition to its other remedies, terminate this
     Agreement in its entirety in any of the following circumstances:

     (a)  if a Bankruptcy Event occurs and is continuing in relation to Shell
          and Shell does not provide adequate assurances to the Company within
          thirty (30) days of the occurrence of the Bankruptcy Event that Shell
          will continue to provide all SUMF Items to the Company on the terms
          and conditions of this Agreement;

     (b)  with no less than twelve (12) months' prior written notice, following
          the decision by the Company to discontinue all its operations at the
          Site to which SUMF is rendered or alter such operations to such an
          extent that no SUMF Item from Shell is required; or

     (c)  with no less than three (3) years' prior written notice, effective (i)
          at the end of the initial twenty (20) year term or (ii) at the end of
          any five (5) year extension term, as the case may be.

10.3 The Purchaser may, in addition to other remedies, terminate this Agreement
     as to an individual SUMF Item in any of the following circumstances,
     provided always that no item of Sole Supplier SUMF may be terminated by the
     Purchaser without terminating this Agreement as a whole:

     (a)  if a Bankruptcy Event occurs and is continuing in relation to the
          Supplier and the Supplier does not provide adequate assurances to the
          Purchaser within thirty (30) days of the occurrence of the Bankruptcy
          Event that the Supplier will continue to provide the particular SUMF
          Item to the Purchaser on the terms and conditions of this Agreement;

     (b)  if, for reasons other than Force Majeure, a SUMF Item is not properly
          supplied by the Supplier within specifications and such failure
          continues for more than ten

                                      23
<PAGE>

          (10) business days after thirty (30) days prior written notice from
          the Purchaser to the Supplier;

     (c)  with at least ninety (90) days' prior written notice, or such other
          notice period as is provided in the SCHEDULES, for any Short Term SUMF
          Item;

     (d)  with at least three (3) years' prior written notice, or such other
          notice period as is provided in the SCHEDULES, for any Long Term SUMF
          Item; and

     (e)  with at least thirty (30) days' prior written notice, upon the
          occurrence during any twelve (12) month period of three (3) Force
          Majeure events other than Force Majeure events caused by Acts of God
          including Acts of God affecting any supplier or Vendor to Supplier
          with respect to such SUMF Item.

10.4 Shell may terminate this Agreement in its entirety in any of the following
     circumstances:

     (a)  if a Bankruptcy Event occurs and is continuing in relation to the
          Company and the Company does not provide Shell with adequate assurance
          (such as a priority lien, advance payment or letter of credit) of
          continued payment of the SUMF Charges for all SUMF Items within thirty
          (30) days of the occurrence of the Bankruptcy Event;

     (b)  if for reason other than Force Majeure, the Company conducts its
          operations in a manner reasonably believed to be unsafe to either
          life, health, property or the environment so as to disrupt Shell's
          business conducted at the Site or subject Shell to material HSE risks
          or material risks of violation of governmental requirements, fines,
          penalties, Third Party claims or claims by its employees, and such
          conduct continues for more than ten (10) business days after ninety
          (90) days prior written notice by Shell to the Company; provided,
          however that if the Company is conducting its operations in compliance
          in all material respects with HSE laws, its operations will be
          presumed to be safe;

     (c)  with at least twenty-four (24) months prior written notice, or if that
          is impossible, with as much notice as possible under the
          circumstances, and in any event promptly after Shell has made such
          decision, if Shell decides to cease operations of all or substantially
          all of its SUMF Assets at the Site;

     (d)  with at least three (3) years prior written notice, effective at the
          end of the initial twenty (20) year term or at the end of any five (5)
          year extension term, as the case may be. Notwithstanding any such
          election by Shell to terminate this Agreement under this Article 10,
          and except if Shell ceases to operate all or substantially all of the
          Site, the Company shall have the right to continue to receive from
          Shell any essential Long Term or Sole Supplier SUMF Items for which
          the Company cannot obtain a reasonable alternative source elsewhere;
          and

                                      24
<PAGE>

     (e)  if the Purchaser without proper justification fails to pay any
          undisputed SUMF Charge within three (3) months of the date when such
          payment became due, and such failure continues thereafter for a period
          of sixty (60) days after written notice from the Supplier.

10.5 Upon termination of this Agreement hereunder, the Parties, acting
     reasonably and in good faith, shall negotiate for the continued provision
     of any essential SUMF Items on commercially competitive terms and
     conditions, including price which shall in any event be sufficient to
     provide Supplier with full recovery of its cash costs plus a return on
     capital and capital reimbursement consistent with the other SUMF
     infrastructure charges contained in this Agreement. In addition, if such
     termination occurs at any time after the tenth anniversary of the Effective
     Date, Shell shall consider, without obligation, the same remedies which it
     may consider upon termination of the provision of SUMF Items during the
     ten-year period commencing with the Effective Date pursuant to Section
     10.7.

10.6 The Supplier may, in addition to other remedies, terminate this Agreement
     as to an individual SUMF Item in any of the following circumstances,
     provided that no Item of Sole Supplier SUMF may be terminated by the
     Supplier without terminating this Agreement as a whole:

     (a)  if a Bankruptcy Event occurs and is continuing in relation to the
          Purchaser and the Purchaser does not provide adequate assurance (such
          as a priority lien, advance payment or letter of credit) of continued
          payment to the Supplier of the SUMF Charges relating to such SUMF Item
          within thirty (30) days of the occurrence of the Bankruptcy Event;

     (b)  if the Purchaser fails to pay any undisputed SUMF Charge for an
          individual SUMF Item within three (3) months of the date when such
          payment fell due, and such failure continues for an initial period of
          at least sixty (60) days after written notice from the Supplier;

     (c)  with at least 12 months prior written notice, or if that is
          impossible, with as much notice as possible under the circumstances,
          and in any event promptly after the Supplier has made such decision,
          if the Supplier decides to cease the supply to the entire Site of a
          SUMF Item that is not Sole Supplier SUMF;

     (d)  with at least ninety (90) days prior written notice for any Short Term
          SUMF Item, but such termination by the Supplier may occur only on or
          after the initial term of the Short Term SUMF; and

     (e)  with three (3) years' prior written notice effective (i) at the end of
          the initial period of twenty (20) years or (ii) at the end of any
          extension period of five (5) years, as the case may be, for any Long
          Term SUMF Item.

                                      25
<PAGE>

10.7  Each Party shall exercise its reasonable efforts to minimize any adverse
      effect to the other Party resulting from the termination of the rendering,
      in whole or in part, of any SUMF Items under this Agreement. In the event
      Shell ceases to provide any Long Term or Sole Supplier SUMF Item during
      the ten-year period following the Effective Date as a result of its
      cessation of operations of all or substantially all of its SUMF Assets at
      the Site or its cessation of supply to the entire Site of such SUMF Item,
      Shell shall continue to provide the Company with such SUMF Items for the
      balance of the ten-year period on a basis which is the economic equivalent
      of Shell's supply to the Company of such SUMF Items prior to Shell's
      cessation of operations or supply. The manner in which Shell continues to
      provide such SUMF Items on an economically equivalent basis shall be
      within Shell's sole discretion and may include the transfer by Shell of
      SUMF Assets, the assignment of all or part of this Agreement to Third
      Parties, the building of alternative assets and the procurement of
      comparable items from Third Parties. In the event such termination occurs
      following the tenth anniversary of the Effective Date, the provisions of
      Section 10.5 shall apply.

10.8  Any termination of this Agreement, in whole or in part, including the
      termination of an individual SUMF Item, shall be final, and neither Party
      shall have the right to resumption of the terminated SUMF Item under this
      Agreement or another agreement.

10.9  Termination of this Agreement under this Article 10 shall not affect the
      rights and obligations of the Parties accrued to the date of termination
      and provisions of Articles 6 and 7 (as to audit and dispute rights), 9,
      10.5, 10.7, 10.8, 10.10, 10.11, 11, 12, 19, 23, 25, 26, 27 and 28 and this
      Article 10.9 which shall continue in full force and effect.

10.10 Within 60 days after termination of this Agreement, the Supplier shall
      provide a final reconciliation. Any overcharges or undercharges shall be
      paid by the Party owing the same within twenty (20) days following the
      final reconciliation (after any required adjustments have been made). The
      final recalculation shall be broken down in sufficient detail as the
      Purchaser may reasonably request and as the Supplier can reasonably
      provide. From the due date of the reconciliation payment, interest will
      accrue at the Interest Rate. The Parties shall meet to resolve any dispute
      relating to the final reconciliation as expeditiously as possible.

10.11 Any termination of this Agreement, either in whole or in part, and
      termination of any individual SUMF Item shall be without prejudice to the
      accrued rights and liabilities of the Parties at the time of such
      termination and all provisions of this Agreement necessary for the full
      enjoyment thereof shall survive termination for the period so necessary.

10.12 If there is a dispute regarding the termination of this Agreement or a
      SUMF item under Sections 10.2, 10.3, 10.4 or 10.6, no termination shall
      occur until sixty (60) days following resolution of the dispute (i) under
      Article 19 or Section 7.2 (f), as applicable or (ii) by written agreement
      of the Parties.

                                      26
<PAGE>

                                  ARTICLE 11
                         INTELLECTUAL PROPERTY RIGHTS

11.1 Neither this Agreement nor the performance by any of the Parties of its
     duties hereunder shall operate to convey, license or otherwise transfer
     from one Party to another any patent, know-how, trade secrets or other
     intellectual property rights.

11.2 The copyright, property and any other industrial property rights in any
     Confidential Record or other material supplied under this Agreement shall,
     in the absence of any express provision to the contrary thereon, remain
     with the disclosing Party.

                                  ARTICLE 12
                                CONFIDENTIALITY

12.1 Subject to Section 12.2, each Party shall treat as strictly confidential
     (and shall not disclose) all information received or obtained as a result
     of entering into or performing this Agreement which relates to:

     (a) the provisions of this Agreement;

     (b) the negotiations relating to this Agreement;

     (c) the performance of this Agreement;

     (d) the other Party or any aspect of its business or operations; or

     (e) the subject matter of this Agreement.

12.2 Either Party may disclose information which would otherwise be confidential
     if and to the extent:

     (a) required by the law of any jurisdiction to which the disclosure is
         subject;

     (b) required by any securities exchange or agency to which either Party is
         subject, wherever situated, whether or not the requirement has the
         force of law;

     (c) disclosed on a strictly confidential basis to the professional advisers
         or auditors of the Party or to any actual or potential bankers or
         financiers of that Party;

     (d) disclosed on a strictly confidential basis to an Affiliate or
         Affiliates;

     (e) disclosed on a strictly confidential basis to bona fide potential
         purchasers of a proprietary interest or bona fide potential or actual
         operator of any of the Company Facilities or the Shell facilities;

                                      27
<PAGE>

     (f)  disclosed to the corporate shareholders or other equity owner of the
          Parties;

     (g)  that the information is already known to the Party at the time of
          disclosure by the disclosing Party through no fault of that Party;

     (h)  that the information has come into the public domain through no fault
          of that Party;

     (i)  disclosed in order to seek enforcement of, or to defend, the
          contractual rights or obligations of a Party under this Agreement, any
          Transaction Document or other related agreement or to satisfy an
          obligation or duty under this Agreement; or

     (j)  that the other Party has given prior written approval to such
          disclosure.

12.3 The restrictions contained in Article 12.1 shall continue to apply for one
     (1) year after (i) the termination of this Agreement, or (ii) the
     termination of an individual SUMF Item, but only as to information relating
     to such SUMF Item.

                                  ARTICLE 13
            ADDITIONAL SUMF AND CAPITAL IMPROVEMENTS TO SUMF ASSETS

13.1 Purchaser may submit from time to time to Supplier written requests for
     Supplier to undertake capital improvement projects relating to the supply
     of SUMF Items. Any such requests shall specify in reasonable detail the
     capital improvements to be made, any permits that may be required, the
     estimated cost of such capital improvements, any proposed changes to this
     Agreement, and any other relevant information relating to such capital
     improvement project. Supplier agrees that it will consider in good faith
     any such request, but Supplier shall have no obligation to agree to
     undertake any such capital improvement project and may reject any request
     by Purchaser. Supplier shall provide Purchaser a written explanation for
     the rejection. If Supplier agrees to undertake any such capital improvement
     project, Purchaser shall be responsible for all costs associated with such
     project, without duplication of other amounts paid or payable by Purchaser
     under this Agreement, including (a) the cost of completing the capital
     improvements, (b) Supplier's costs and expenses incurred in connection with
     such project, and (c) any increased costs of operation suffered by Supplier
     as a result of such project, provided, however, that if other persons
     receive any of the benefits of such capital improvement project, such other
     persons shall bear their respective pro rata shares of all costs associated
     with such project (based upon and only to the extent of the relative
     benefits received by them), and the Purchaser's costs with respect thereto
     shall be reimbursed by the Supplier as, when, if and to the extent savings
     are received or as, when , if and to the extent the other person utilizes
     such benefits.

     Notwithstanding anything contained herein to the contrary, the Purchaser
     shall not be required to seek increased capacity from the Supplier and
     shall have the right to satisfy its

                                      28
<PAGE>

     needs, if any, for increased capacity from other persons, consistent with
     Legal Requirements and the rights of the Parties under this Agreement.

13.2 If a capital improvement to a SUMF Asset would not be otherwise required
     by applicable law or regulation but for the presence of Purchaser's process
     or products or by-products, the Purchaser shall be required to pay one
     hundred percent of the costs for the mandated improvement to any SUMF
     Asset, provided, however, that if any other person receives any of the
     benefits of the capital improvement, then such other persons shall bear
     their respective pro rata shares of all costs associated with such capital
     improvement (based upon and only to the extent of the relative benefits
     received by them), and the costs which the Purchaser would otherwise be
     required to pay shall be reimbursed by the Supplier as, when, if and to the
     extent savings are received or as when, if, and to the extent the other
     persons utilize such benefits accordingly.

13.3 If either Party determines that a service has historically been supplied by
     the other Party but such service is not included in this Agreement, then
     the Party that historically provided such service shall make the service
     available to the other Party (but only if such service is not readily
     available elsewhere) at a price and on terms mutually agreeable, but
     following the same concepts as to Direct Site Costs, Variable Costs and
     Infrastructure Charges as set forth herein.

13.4 In connection with the operations by the Supplier, the Supplier may
     utilize, with the consent of the Purchaser, personnel of Purchaser to
     render services for the Supplier, and correspondingly, Purchaser may
     utilize, with the consent of Supplier, personnel of Supplier to render
     services for the Purchaser. In either such event, the services shall be
     deemed rendered pursuant to the terms of this Agreement following the same
     pricing concepts.

                                  ARTICLE 14
                             DAMAGE TO SUMF ASSETS

14.1 If the owner does not timely fulfill its obligation to restore the SUMF
     Asset, the other Party may at its discretion take such other reasonable
     measures as are necessary or useful to find an alternative source for any
     relevant SUMF Item or its equivalent for the benefit of all Users on a
     temporary basis until such restoration is complete.

14.2 A Party who causes damage to a SUMF Asset as a result of its own Gross
     Negligence or Wilful Misconduct shall be responsible for any incremental
     costs of such alternative SUMF Items so that the Users of such SUMF Items
     other than such responsible Party or its Affiliates pay the same amount for
     such SUMF Items during such temporary period as such Users paid prior to
     the damage or destruction of the relevant SUMF Assets.

                                      29
<PAGE>

                                  ARTICLE 15
          METERING OR ALLOCATION OF SUPPLY, CONSUMPTION AND DELIVERY

15.1 The quantities of certain SUMF Items supplied hereunder shall be measured
     by allocation or by a meter or other appropriate device (the "METER")
     located at or near the Delivery Point(s) specified in SCHEDULES 3.1 and
     3.2. The Meter shall be installed, owned and operated at the expense of the
     Party indicated in the applicable schedules as the Meter owner. The Meter
     owner shall read the Meter on a regular basis as described in SCHEDULES 3.1
     and 3.2 and shall promptly advise the other Party in writing of the
     reading. Such readings shall form the basis for preparing the Supplier's
     invoices pursuant to Articles 5, 6 and 7.

15.2 The Parties acknowledge that the Meters are not normal custody transfer
     meters. The Meter owner shall, at its expense, perform normal maintenance
     procedures to maintain the accuracy of its Meters. Each Meter shall be
     tested for accuracy and calibrated regularly per industry standards as
     specified in the applicable Schedule by the Meter owner at its expense. The
     Meter owner shall give the other Party a written schedule of calibration
     test times, and the other Party shall have the right to have its
     representative present to observe each calibration test. If the other Party
     desires to conduct more frequent calibration tests, such Party may request
     that more frequent tests be conducted, in which case the Meter owner will
     perform or cause to be performed such tests at the other Party's expense.

15.3 Following any calibration test made pursuant to this Article 15, the Meter
     owner at its expense shall restore an inaccurate component to a condition
     of accuracy or replace such component as soon as reasonably practical.  If
     the level of inaccuracy exceeds that specified in the applicable Schedule,
     the readings affected by said component shall be corrected by the amount of
     the inaccuracy for the period which is definitely known to be affected by
     such inaccuracy.  If the period is not definitely known and is not mutually
     agreed upon, the correction shall be made for a period one-half of the time
     elapsed between the last prior calibration test and the date the inaccuracy
     is corrected.  Adjustments to a previously issued incorrect invoice shall
     be made promptly by the Supplier.

15.4 The Parties acknowledge that special metering problems may arise which can
     be resolved by procedures other than those described in this Article 15.
     The Parties may, by mutual consent, establish special procedures for a
     specific problem or accept delivery quantities in a manner not described
     herein.  Mutual consent for acceptance of one special procedure or delivery
     quantity will not set aside the provisions of this Article 15, nor imply
     acceptance by either Party of any special provision at a future time.

15.5 Should the Supplier or the Purchaser fail to obtain suitable measurement
     results from the Meter pursuant to Section 15.2, the quantities of that
     SUMF Item provided during the period in question shall be calculated by the
     other Party in the event that the other Party has installed its own check
     meter and it has been calibrated according to this Article 15

                                      30
<PAGE>

     within ninety (90) days of the period in question. In the event that
     neither Party has obtained suitable measurement results, the amount of the
     relevant SUMF Item supplied in the period in question shall be estimated,
     using the average of delivered quantities for a period of time agreed upon
     by both Parties, or by any other means mutually agreed upon by both
     Parties. If a Party installs a check meter, the other Party shall have the
     right to have its representative at any calibration test of the check
     meter. A Party installing a check meter shall perform all maintenance and
     calibration tests of the check meter at its own expense, and shall furnish
     the other Party with all readings obtained from the check meter.

15.6 The Parties shall complete promptly the identification of all receipt and
     Delivery Points for the various SUMF Items described in SCHEDULES 3.1 and
     3.2 and all drawings related thereto.

15.7 For Delivery Points where no Meter exists, allocation methods are set forth
     in the applicable Schedule.  The Monitoring Committee shall have the
     authority to update and/or correct any allocation method, with any
     corrections to be adjusted prospectively. Either Party may, at its own
     expense, install a Meter in lieu of allocation unless a specific schedule
     states to the contrary.

15.8 Line losses shall be determined by engineering calculations.  Line losses
     for each billing period will be assigned to all Users in proportion to
     their consumption during such period, whether metered or
     allocated/estimated.  Any remaining differences (imbalances) between SUMF
     production and the amount consumed, as so adjusted for line losses, will
     also be assigned to all Users in proportion to their consumption during
     such period, whether metered or allocated/estimated, provided, that the
     amount of such imbalance assigned to metered use shall not exceed the
     product of (x) the mutually agreed tolerance percentage of each such meter
     and (y) the amount consumed during such period as measured by such meter
     and any excess of such imbalance over the amount so assigned to metered use
     will be assigned to non-metered use in proportion to allocated/estimated
     consumption of such non-metered use during such period.

                                  ARTICLE 16
                             MONITORING COMMITTEE

16.1 Shell and the Company shall jointly establish a committee (the "Monitoring
     Committee") to review the operation of this Agreement and the supply of
     SUMF hereunder in an effort to ensure the smooth and efficient operation of
     this Agreement.  The Monitoring Committee shall comprise one representative
     from the Company and one representative from Shell.  In addition, other
     representatives that the Parties may reasonably require shall attend at and
     report to meetings of the Monitoring Committee.

16.2 The Monitoring Committee shall meet within three (3) months of the
     Effective Date and thereafter no less than once every six (6) months
     throughout the duration of this

                                      31
<PAGE>

     Agreement (other than where the Parties agree that such a periodic meeting
     is not necessary) and as otherwise reasonably requested by a Party.

16.3 The Monitoring Committee shall use all reasonable endeavors to resolve
     issues raised by any of the Parties in respect of the operation of this
     Agreement and the supply of SUMF hereunder.  The Monitoring Committee shall
     review the performance of the Parties in the supply and receipt of SUMF
     Items under this Agreement and shall consider any agreed improvement plans.

16.4 The Monitoring Committee shall have the authority to develop modifications
     or amendments to the Exhibits and Schedules to this Agreement on behalf of
     the Parties, however, to become effective any such modifications or
     amendments must be put in writing and be duly signed by the Parties.  The
     Monitoring Committee shall, as needed to implement this Agreement, develop
     mutually agreed protocols and administrative procedures.

                                  ARTICLE 17
                                 MISCELLANEOUS

17.1 Both Parties shall perform their respective duties under this Agreement (i)
     following standards applied by the industry in similar operations and in
     keeping with good industry practice and in compliance with Legal
     Requirements in all material respects, and (ii) in a manner each party
     reasonably believes to be fair to the other and with such care as an
     ordinarily sound business person in a like position would use under similar
     circumstances.

17.2 The services under this Agreement and all operations by the Company that
     may affect such services shall be provided in accordance with standards set
     forth in Section 17.1.

17.3 The Parties shall keep each other timely informed about planned
     turnarounds, shutdowns, major technical projects, capital expenditures and
     any other major events which in each case are relevant to the supply or
     cost of any SUMF Item and/or the operation of the Purchaser's Property.
     The Parties shall keep each other timely informed of any adjustments or
     changes to these plans. The Parties shall take reasonable efforts within
     such Party's control so as to minimize the impact to the other Party of any
     planned turnaround, shutdown, major technical project, capital expenditure
     and any other event which may adversely impact the supply of SUMF Items,
     without prejudice to the needs of the other users or to health, safety and
     environmental standards.

17.4 Every two (2) years, or as often as either Party may reasonably require,
     the Monitoring Committee will review the overall effectiveness of this
     Agreement and will discuss possible opportunities for improvement.

17.5 Shell stipulates to the Company that some or part of the SUMF Items are
     being supplied to Shell by Third Parties and pursuant to the Shared
     Facilities Agreement. Shell's ability

                                      32
<PAGE>

     to supply a particular SUMF Item is conditioned on the receipt of all or
     part of such SUMF Item from the Third Party or pursuant to the Shared
     Facilities Agreement. Shell agrees to enforce any Third Party supply
     contract and the Shared Facilities Agreement in order to provide the SUMF
     Items hereunder and all costs incurred in such enforcement shall be
     Variable Costs.

17.6 The Supplier agrees to make available all procedures, policies, rules and
     regulations utilized in connection with the providing of any SUMF Item.

                                  ARTICLE 18
                                 FORCE MAJEURE

18.1 A Party will not be in breach of this Agreement (except for obligations to
     pay money which would otherwise be due and payable under this Agreement) to
     the extent:

     (a)  performance by the Party is delayed or prevented by Force Majeure;

     (b)  the Party claiming relief under this Article promptly notifies the
          other Party of the circumstances giving rise to Force Majeure and
          their anticipated duration; and

     (c)  the Party so claiming relief undertakes to use its reasonable efforts
          to remedy and overcome the cause of such Force Majeure as promptly as
          possible.

18.2 Upon remedying or overcoming the circumstances giving rise to Force
     Majeure, the Party claiming relief under this Article shall promptly notify
     the other Party of the termination of such Force Majeure condition.

18.3 If the Force Majeure in question prevails for a continuous period in excess
     of thirty (30) days after the date on which the Force Majeure begins, the
     Parties shall consult together with a view to determining mutually
     acceptable measures to overcome the difficulties arising therefrom.

18.4 "Force Majeure" means, in relation to either Party, an event, condition or
     circumstance which causes a delay or disruption in the performance by such
     Party of any of its obligations under this Agreement which is beyond the
     reasonable control of that Party, including:

     (a)  fire, explosion or other disruption, mechanical breakdown, electrical
          shortage or blackout, decline or shortages of supply, and
          circumstances arising out of failure or malfunction of computer
          systems, failure of malfunction of digital devices or components
          thereof, or information technology not being millennium compliant;

     (b) lock-outs, strikes and other industrial disputes; or

     (c)  Legal Requirements.

                                      33
<PAGE>

     For the avoidance of doubt, the settlement of a labor strike, lockout or
     any other kind of labor dispute is not within the reasonable control of the
     Party affected, and the requirements of this Article shall not oblige that
     Party to settle a strike, lockout or other labor dispute on terms contrary
     to its wishes.

                                   ARTICLE 19
                               DISPUTE RESOLUTION

19.1 Any Dispute arising out of or in connection with this Agreement, excluding
     invoice Disputes subject to Section 7.2(f) but including any question
     regarding the existence, validity or termination of this Agreement, shall
     be exclusively processed in accordance with this Article.

19.2 In the event of a Dispute between the Parties, the Parties shall, within
     ten (10) days of a written request by either Party to the other Party, meet
     in good faith to resolve such dispute or differences.

19.3 Any Dispute which cannot be resolved by the Parties shall be submitted to
     the Monitoring Committee which shall endeavor to amicably resolve the
     Dispute.  The Parties shall provide the Monitoring Committee with such
     information as it reasonably requires to enable it to determine the issues
     relevant to the Dispute.

19.4 Any Dispute which cannot be resolved by the Monitoring Committee shall be
     submitted to the Steering Committee which shall endeavor to amicably
     resolve the Dispute. The Parties shall provide the Steering Committee with
     such information as it reasonably requires to enable it to determine the
     issues relevant to the Dispute.

19.5 Any Dispute which cannot be resolved by the Steering Committee shall be
     submitted to mediation before a mediator selected by the Steering
     Committee.  The Parties shall bear their own costs for mediation and the
     cost of the mediator shall be borne equally.

19.6 If the Parties are unable to select a mediator within fifteen (15) days or
     if the Dispute is not resolved as a result of the mediation within sixty
     (60) days (or such other period as may be agreed by the Parties), either
     Party may submit the matter to arbitration for final, binding and exclusive
     settlement by three arbitrators in accordance with the UNCITRAL Arbitration
     Rules, with the President of the ICC Court of International Arbitration to
     act as the appointing authority, or any other arbitration provided for in
     EXHIBIT A, such arbitration to be held in the country where the Site is
     located at the place specified in EXHIBIT A. Any arbitration decision
     pursuant to this Article 19 shall be final and binding upon the parties and
     judgment thereon may be entered in any court of competent jurisdiction.
     Costs incurred by the Parties in carrying on any arbitration proceeding
     hereunder (including reasonable attorneys' fees and arbitration fees) shall
     be borne by the nonprevailing Party or apportioned by the arbitrator based
     on fault.
                                      34
<PAGE>

19.7 Pending resolution of any dispute between the Parties, the Parties shall
     continue to perform in good faith their respective obligations under this
     Agreement based upon the last agreed performance demonstrated prior to the
     dispute, but in all events to protect HS&E.

19.8 Resolution of any dispute between the Parties involving payment of money by
     one Party to the other shall include payment of interest at the Interest
     Rate from the original due date of such amount.

19.9 Each Party shall, in addition to all rights provided herein or provided by
     law, be entitled to the remedies of specific performance and injunction to
     enforce its rights hereunder.

                                  ARTICLE 20
                               FURTHER ASSURANCE

20.1 Each Party shall at its own cost, from time to time on request, execute or
     procure the execution of all documents in a form satisfactory to the other
     Party which the other Party may reasonably consider necessary for:

     (a)  giving full effect to this Agreement; and

     (b)  securing to the other Party the full benefit of the rights, powers and
          remedies conferred upon the other Party in this Agreement.

                                  ARTICLE 21
                              COSTS AND EXPENSES

     Save as otherwise stated in this Agreement, each Party shall pay its own
     costs and expenses in relation to the negotiation, execution and carrying
     into effect of this Agreement.

                                  ARTICLE 22
                           ASSIGNMENT AND DELEGATION

22.1 The Company shall be entitled to assign this Agreement to any Affiliate or
     to a lender or lenders for security purposes so long as such lender is a
     bona fide financial institution with a business which includes lending
     money and with a net worth in excess of One Hundred Million Dollars,
     without the prior written consent thereto of Shell (and such lender or
     lenders shall have the right (without such prior written consent) to
     further assign this Agreement in connection with the exercise of their
     rights and remedies pursuant to such security agreements). Any assignment
     of the Agreement by the Company to a Third Party shall require the consent
     of Shell, such consent not to be unreasonably withheld or delayed.

22.2 Shell shall be entitled to assign this Agreement to any Affiliate or Third
     Party without the prior written consent thereto of the Company.

                                      35
<PAGE>

22.3 Any assignment of this Agreement shall not relieve a Party of its
     obligations or liability hereunder absent consent by the other Party.

22.4 Each Party agrees to execute and deliver to the other Party and, if
     applicable its lenders, recognition and estoppel agreements which will
     state the status of this Agreement as to whether a default exists and will
     recognize any third party rights.

22.5 A Supplier of a SUMF Item may at its discretion procure from its Affiliates
     or any Third Party certain information, advice, services and SUMF Items
     which it is obliged to render or perform under this Agreement, or may
     delegate to any Affiliate or Third Party the performance of its rights and
     obligations under this Agreement, in order to assist the Supplier in the
     efficient execution of this Agreement provided that the person or company
     to whom delegation is made shall be capable of rendering the services.

                                  ARTICLE 23
                                 SEVERABILITY

23.1 If any of the provisions of this Agreement is or becomes illegal, void or
     unenforceable under the law of any jurisdiction, such provision shall be
     deemed to be deleted from this Agreement and the remaining provisions of
     this Agreement shall remain and continue in full force and effect. In such
     event, this Agreement shall be modified to provide the same benefits and
     burdens (including economic) that would have been provided had this
     provision been deleted. In the event that the Parties cannot agree on
     modifications, the dispute shall be resolved pursuant to Article 19.

23.2 The invalidity of one or more provisions of this Agreement shall not
     affect:

     (a)  the legality, validity or enforceability in that jurisdiction of any
          other provision of this Agreement; or

     (b)  the legality, validity or enforceability under the law of any other
          jurisdiction of that or any other provision of this Agreement.

                                  ARTICLE 24
                           NO AGENCY OR PARTNERSHIP

     Nothing contained in this Agreement and no actions taken by the Parties
     under this Agreement shall constitute a partnership, joint venture,
     association or other co-operative entity between the Parties or to
     authorize either Party to represent the other or to contract on behalf of
     the other Party. The Supplier is acting solely as an independent contractor
     and is not an agent of the Purchaser. The Supplier's provision of services
     and performance of its duties hereunder shall be under the sole
     supervision, control and direction of the Supplier and not the Purchaser.

                                      36
<PAGE>

                                  ARTICLE 25
                              REMEDIES AND WAIVER

25.1 The delay or failure of either Party at any time in exercising any right,
     power or remedy provided by law or under this Agreement shall in no way:

     (a)  affect that right, power or remedy; or

     (b)  operate as a waiver of it.

25.2 The single or partial exercise of any right, power or remedy provided by
     law or under this Agreement shall not preclude any other or further
     exercise of it or the exercise of any other right, power or remedy.

25.3 The rights, powers and remedies provided in this Agreement are cumulative
     and not exclusive of any rights, powers and remedies provided by law.

25.4 Shell and the Company each acknowledges that it has had adequate
     opportunity and bargaining strength to review, negotiate and revise this
     Agreement. They each expressly agree that the normal rule of construction
     to the effect that any ambiguities are to be resolved against the drafting
     Party shall not be employed in the interpretation of this Agreement.

                                  ARTICLE 26
                        ENTIRE AGREEMENT AND VARIATION

26.1 Except as herein set forth, this Agreement constitutes the entire and only
     agreement between the Parties relating to the furnishing of SUMF Items by
     the Parties at the Site and supersedes any Pre-contractual Statement.

26.2 Each of the Parties acknowledges on its own behalf and on behalf of each of
     its Affiliates that, in agreeing to enter into this Agreement, it has not
     relied on any Pre-contractual Statement (except those set out in this
     Agreement).

26.3 Each Party waives all rights and remedies which, but for this Article,
     might otherwise be available to it in respect of any such Pre-contractual
     Statement, provided that nothing in this Article shall limit or exclude any
     liability for fraud.

26.4 Any amendment or modification of this Agreement shall be ineffective unless
     reduced to writing and signed by or on behalf of a duly authorized
     representative of both Parties.

                                      37
<PAGE>

                                  ARTICLE 27
                                    NOTICES

27.1 All notices, requests, waivers, demands, directions and other
     communications required or permitted to be given under this Agreement shall
     be in writing and in English and shall be delivered personally, sent by
     facsimile transmission, or e-mail, sent by nationally recognized overnight
     courier or mailed by registered or certified mail (return receipt
     requested), postage prepaid, to the Parties at their addresses set forth in
     the introductory paragraphs of this Agreement  and Exhibit A attached
     hereto (or such other address for a Party as shall be specified by like
     notice form such Party to the other Party). All such notices and other
     communications shall be deemed to have been given and received, (i) in the
     case of personal delivery, delivery by facsimile transmission or e-mail, on
     the date of delivery, if delivered during business hours on a business day
     or, if not so delivered, the next succeeding business day (ii) in the case
     of delivery by nationally recognized overnight courier, on the second
     business day following dispatch and (iii) in the case of mailing, on the
     fifth business day following such mailing.

27.2 A Party may change its notice details on giving notice to the other Party
     of the change in accordance with this Article 27.  That notice shall only
     be effective on the date falling three (3) clear Business Days after the
     notification has been received or such later date as may be specified in
     the notice. Any such notice so delivered will comply with the terms of this
     Article 27.

                                  ARTICLE 28
                                 GOVERNING LAW

     This Agreement shall be governed by and construed in accordance with the
     laws of the State of Louisiana, without regard to the conflict of law
     provisions.

                                  ARTICLE 29
                                   LANGUAGE

     If this Agreement is translated in a language other than the English
     language, it shall also be written in that other language.  In construing
     the rights and obligations of the Parties, the terms of the Agreement
     written in the English language shall prevail over the terms of the
     Agreement written in any another language.

                                  ARTICLE 30
                                 COUNTERPARTS

30.1 This Agreement may be executed in any number of counterparts, and by the
     Parties on separate counterparts, but shall not be effective until each
     Party has executed at least one counterpart.

                                      38
<PAGE>

30.2 Each counterpart shall constitute an original of this Agreement, but all
     the counterparts shall together constitute but one and the same instrument.

                                      39
<PAGE>

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
as of the day and year first above written.

      Signed by:              SHELL CHEMICAL COMPANY

                              By:  /s/ D.G. Naugle
                                 ---------------------------------
                              Name:    D. G. Naugle
                                   -------------------------------
                              Title:  Attorney-In-Fact
                                    ------------------------------

      Signed by:              SHELL EPOXY RESINS LLC

                              By:   /s/ D.G. Naugle
                                 ---------------------------------
                              Name:     D.G. Naugle
                                   -------------------------------
                              Title:    Attorney-In-Fact
                                    ------------------------------

                                      40<PAGE>

                                                                   Exhibit 10.21

                       SHELL EPOXY RESINS NEDERLAND B.V.

                                      and

                       SHELL NEDERLAND RAFFINADERIJ B.V.

                     --------------------------------------
                          FIRST AMENDED AND RESTATED
                                    PERNIS
                           SITE SERVICES, UTILITIES,
                           MATERIALS AND FACILITIES
                                   AGREEMENT
                     --------------------------------------

                                                PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

                               TABLE OF CONTENTS

ARTICLE 1:   DEFINITIONS.......................................................1
ARTICLE 2:   INTERPRETATIONS...................................................8
ARTICLE 3:   OBJECT AND SCOPE.................................................10
ARTICLE 4:   CATEGORIES OF SUMF...............................................11
ARTICLE 5:   SUMF CHARGES.....................................................11
ARTICLE 6:   SUMF CHARGES WITH REFERENCE TO COST..............................11
ARTICLE 7:   PAYMENT TERMS....................................................14
ARTICLE 8:   ANNUAL FORECAST; ANNUAL PLAN AND BUDGET; AND CURTAILMENT.........16
ARTICLE 9:   LIABILITY AND INDEMNITY..........................................17
ARTICLE 10:  TERM AND TERMINATION; REDUCTION OF CAPACITY
             RESERVATION......................................................21
ARTICLE 11:  INTELLECTUAL PROPERTY RIGHTS.....................................28
ARTICLE 12:  CONFIDENTIALITY..................................................28
ARTICLE 13:  ADDITIONAL SUMF AND CAPITAL IMPROVEMENTS
             TO SUMF ASSETS...................................................30
ARTICLE 14:  DAMAGE TO SUMF ASSETS............................................31
ARTICLE 15:  METERING OF SUPPLY, CONSUMPTION AND DELIVERY.....................31
ARTICLE 16:  JOINT OPERATING COMMITTEE........................................32
ARTICLE 17:  MISCELLANEOUS....................................................32
ARTICLE 18:  FORCE MAJEURE....................................................33
ARTICLE 19:  DISPUTE RESOLUTION...............................................34
ARTICLE 20:  FURTHER ASSURANCE................................................35
ARTICLE 21:  COSTS AND EXPENSES...............................................35
ARTICLE 22:  ASSIGNMENT AND DELEGATION........................................35
ARTICLE 23:  SEVERABILITY.....................................................36
ARTICLE 24:  NO AGENCY OR PARTNERSHIP.........................................36
ARTICLE 25:  REMEDIES AND WAIVER..............................................37
ARTICLE 26:  ENTIRE AGREEMENT AND VARIATION...................................37
ARTICLE 27:  NOTICES..........................................................37
ARTICLE 28:  GOVERNING LAW....................................................38
ARTICLE 29:  LANGUAGE.........................................................39
ARTICLE 30:  COUNTERPARTS.....................................................39

SCHEDULE 1:  INFORMATION......................................................
SCHEDULE 2:  ITEMS OF SUMF....................................................
SCHEDULE 3:  SUMMARY OF SUPPLIER'S ACCOUNTING PRACTICES.......................
SCHEDULE 4:  CURTAILMENT PROCEDURES...........................................
SCHEDULE 5:  JOINT OPERATING COMMITTEE AND STEERING
             COMMITTEE........................................................
SCHEDULE 6:  ALLOCATION KEYS..................................................
SCHEDULE 7:  BUDGET...........................................................

                                                PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          FIRST AMENDED AND RESTATED PERNIS SITE SERVICES, UTILITIES,

                       MATERIALS AND FACILITIES AGREEMENT

THIS FIRST AMENDED AND RESTATED AGREEMENT made the 1st day of November, 2000
BETWEEN:

1.   SHELL EPOXY RESINS NEDERLAND B.V., a company incorporated under the laws of
     The Netherlands with its registered office at Vondelingenweg 601, 3196 KK
     Vondelingenplaat, Rotterdam, The Netherlands (the "Purchaser"); and

2.   SHELL NEDERLAND RAFFINADERIJ B.V., a company incorporated under the laws
     of The Netherlands with its registered office at Vondelingenweg 601, 3196
     KK Vondelingenplaat, Rotterdam, The Netherlands  (the "Supplier").

WHEREAS

(A)  The Supplier or Affiliates of the Supplier operate the Site;

(B)  The Purchaser owns the Plant;

(C)  The Parties have entered into a Site Services, Utilities, Materials and
     Facilities Agreement (the "SUMF Agreement") dated 29/th/ October, 1999 for
     the supply and purchase of certain SUMF Items in connection with such
     operations and assets;

(D)  Shell Petroleum N.V., an Affiliate of the Supplier, has on September 11,
     2000 entered into a Sale Agreement with Shell Epoxy Resins, Inc. ("SER"),
     pursuant to which it is selling to SER its interest in the shares of Shell
     Epoxy Resins Holdings B.V., the parent company of the Purchaser; and

(E)  In connection with the closing of such sale transaction, the Parties want
     to amend and restate the SUMF Agreement as set forth below:

NOW, THEREFORE, the Parties agree as follows:

ARTICLE 1: DEFINITIONS

In this Agreement and the Schedules hereto:

     "AFFILIATE" means in relation to the Supplier, N.V. Koninklijke
     Nederlandsche Petroleum Maatschappij, The "Shell" Transport and Trading
     Company, p.l.c. (together the "Parent Companies") or any entity other than
     the Parties which is directly or indirectly affiliated with either or both
     of the Parent Companies.

     In relation to the Purchaser, "Affiliate" means Shell Epoxy Resins Holdings
     B.V. and any entity other than the Parties which is directly or indirectly
     affiliated with that company.

     In relation to any Third Party successors of the Parties, "Affiliate" means
     any entity which is directly or indirectly affiliated with that Third Party
     successor.

     For the purposes of this definition, a particular entity is:

     (i)  directly affiliated with another entity or entities if the latter
          hold(s) or otherwise control(s) by proxy or agreement shares or other
          ownership interests carrying more than fifty percent (50%) of the
          votes exercisable at a general shareholders meeting (or its
          equivalent) of the entity in question; and

                                     2          PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (ii) indirectly affiliated with an entity or entities (the "parent or
          parents") if a series of entities can be specified, beginning with
          their parent or parents and ending with the particular entity, so
          related that each entity or entities in the series, except the parent
          or parents, is directly affiliated with one or more of the entities
          earlier in the series;

     Notwithstanding the foregoing, none of the portfolio companies of Apollo
     Management IV, L.P. or its affiliates other than Shell Epoxy Resins, Inc.
     and its subsidiaries shall be deemed to be an Affiliate of Shell Epoxy
     Resins, Inc. or any of its subsidiaries.

     "AGREEMENT" means this First Amended and Restated Pernis Site Services,
     Utilities, Materials and Facilities Agreement, including its Schedules and
     attachments, and any amendments hereto to which the Parties may consent
     from time to time;

     "ANNUAL PLAN AND BUDGET" means the annual plan and budget approved under
     ARTICLE 8.  The Annual Plan and Budget for the First Operating Year is the
     relevant part of the Annual Plan and Budget set out in SCHEDULE 2.

     "BANKRUPTCY EVENT" means, in relation to any Party, (i) the making of a
     general assignment for the benefit of creditors by such Party; or (ii) the
     entering into of any arrangement or composition with creditors (other than
     for the purposes of a solvent reconstruction or amalgamation); or (iii) the
     institution by such Party of proceedings (a) seeking to adjudicate such
     Party as bankrupt or insolvent or seeking protection or relief from
     creditors, or (b) seeking liquidation, winding up, or rearrangement,
     reorganisation or adjustment of such Party or its debts (other than for
     purposes of a solvent reconstruction or amalgamation), or (c) seeking the
     entry of an order for the appointment of a receiver, trustee or other
     similar official for such Party or for all or a substantial part of such
     Party's assets; or (iv) the institution of any proceeding of the type
     described in (iii) above against such Party;

     "BUSINESS DAY" means any day of the week other than Saturday, Sunday or a
     public holiday at the location of the Plant;

     "COMMERCIALLY REASONABLE" when used in the context of efforts to be taken
     means efforts which would ordinarily be taken by a business person in the
     applicable industry were he in the position under this Agreement of being
     the supplier of SUMF Items or the owner of the Plant, whichever shall be
     the relevant case. Such efforts shall only be taken at the sole cost and
     request of the Party entitled to request or require "commercially
     reasonable" efforts ("the Requiring Party") provided however, that the
     Party who undertakes such efforts shall not be (i) obligated to interfere
     with its own business activities or plans, nor (ii) required to employ
     additional employees in order to accomplish such matters, nor (iii)
     required to expend any of its own funds to accomplish such request without
     the right to reimbursement from the Requiring Party;

     "CONFIDENTIAL RECORD" means, without limitation, any publications, printed
     matter, manuals, reports, letters, telexes, drawings, computer programs,
     photographs, films,

                                   3         PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     video, tape, diskette, CD-ROM and other information carriers or media
     conveying information and any other material containing confidential
     information;

     "DEFAULT RATE" means a percentage equal to the base lending rate of the
     bank specified in Schedule 1 plus three percent (3%) p.a.;

     "DELIVERY POINT(S)" means the location(s) specified in the Schedules to
     which each SUMF Item will be delivered and at which title and risk passes
     from the Supplier to the Purchaser for each SUMF Item;

     "DIRECT SITE COSTS" means the direct fixed costs (without mark-up or profit
     factor, except in accordance with ARTICLE 6.1(F)) incurred at the Site by
     the Supplier in providing SUMF but which do not vary with consumption,
     usage or production.  Fixed costs include personnel costs (which include,
     but are not limited to, wages, associated benefits, applicable taxes and
     allocated pension costs) for the personnel directly involved in the
     provision of SUMF Items and the costs of any SUMF Items procured by the
     Supplier for the Purchaser from a Third Party in accordance with this
     Agreement.

     If costs, including personnel costs, are incurred at the Site partly in
     connection with providing SUMF and partly in connection with other
     activities, an allocation of such costs shall be included in Direct Site
     Costs.

     For the avoidance of doubt, Direct Site Costs shall not include charges for
     the depreciation or amortisation of SUMF Assets or any other assets or any
     other costs that the Supplier or any of its Affiliates is required to bear
     under the Transaction Documents (other than the Pernis Agreements) or the
     IPTLA.  Costs that the Supplier or any of its Affiliates is required to
     bear under this Agreement or any other Pernis Agreement shall be borne in
     accordance with the terms hereof and thereof.  The terms of this definition
     shall not be deemed to modify any provision of any Transaction Document
     other than this Agreement, including any express payment or reimbursement
     obligation of the Purchaser to Supplier under any Transaction Document
     other than this Agreement;

     "DISPUTE" means any dispute or difference which arises between the Parties
     in connection with or arising out of this Agreement (including, without
     limitation, any dispute as to the existence, termination or validity of
     this Agreement or any provision of it);

     "EFFECTIVE DATE" means November 1, 2000;

     "ENVIRONMENTAL AGREEMENT" means the Non-US Environmental Agreement dated as
     of the Effective Date by and between Shell Petroleum N.V. and SER;

     "ENVIRONMENTAL LAW" means any applicable law relating to Environmental
     Matters;

     "ENVIRONMENTAL LOSS OR DAMAGE" means any Loss or Damage relating to the
     infringement on or after the Effective Date of an Environmental Law and/or
     any other

                                   4         PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     Environmental Matter being the basis for any claim or possible claim; (i)
     by governmental authorities for enforcement, fines, cleanup, removal,
     response, remediation, or other actions or damages pursuant to any
     applicable Environmental Law; or (ii) by any third person, including the
     Parties, seeking damages, contribution, indemnification, cost recovery,
     compensation or injunctive relief or otherwise giving rise to Loss or
     Damage;

     "ENVIRONMENTAL MATTERS" means; (i) the protection of the environment,
     worker health and safety and/or the public welfare from actual or potential
     exposure (or the effects of exposure) to any actual or potential release,
     discharge, disposal or emission (whether past or present) of any hazardous
     substance or waste; (ii) the manufacture, processing, distribution, use,
     treatment, labeling, storage, disposal, transport or handling of any
     hazardous substance or waste, or (iii) soil or groundwater contamination,
     air pollution or surface water pollution or other actual or threatened
     impact on the environment, worker health and safety or public welfare;

     "ENVIRONMENTAL PROTECTION SYSTEM" means any environmental protection system
     used by Supplier in connection with the provision of the SUMF Items,
     including without limitation, biotreater, waste water treatment plant, and
     all pipes, drains, channels, conduits, sumps and other items, plant or
     machinery connected with or associated with such system;

     "FINANCIAL REPORTING ACCOUNTS" means those books and records maintained by
     the Supplier for financial reporting to the Supplier's parent company(ies)
     or corporate headquarters, which shall be maintained in accordance with
     generally accepted accounting principles and which shall be applied on a
     consistent basis;

     "FIRM CAPACITY RESERVATION" means the maximum aggregate volume of a SUMF
     Item to be supplied to the Resins and Versatics businesses, both owned by
     Purchaser as of the Effective Date, under this Agreement as specified in
     SCHEDULE 2;

     "FIRST OPERATING YEAR" means the period from the Effective Date until the
     following 31st December;

     "FORCE MAJEURE" has the meaning given to this term in ARTICLE 18.4;

     "GROSS NEGLIGENCE" means a failure to perform a duty of care in reckless
     disregard of the reasonably foreseeable consequences (as distinguished from
     a mere failure to exercise ordinary care) which affects the life or
     property of another;

     "HSE" means health, safety and/or environment;

     "IPTLA" or "INTELLECTUAL PROPERTY TRANSFER AND LICENCE AGREEMENT" means the
     Agreement dated as of the Effective Date between Shell International
     Research Maatschappij B.V. and Shell Epoxy Resins Research B.V. relating to
     intellectual property transfer and licensing;

                                      5       PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     "INTEREST RATE" means a percentage equal to the base lending rate of the
     bank specified in Schedule 1 plus one point five percent (1.5%) p.a.;

     "INVOICE DISPUTE" means a Dispute relating to an invoice for SUMF Charges;

     "JOINT OPERATING COMMITTEE" means the operating committee to be formed of
     the Purchaser's Representative and the Supplier's Representative which
     shall have the functions set out in Schedule 5;

     "LEGAL REQUIREMENTS" means all applicable European Union laws and
     regulations and national and local laws and regulations;

     "LIABILITY" includes all and any claims, liabilities, costs, damages,
     expenses, fines and penalties;

     "LT SUMF" or "LONG TERM SUMF" has the meaning given to this term in Article
     4.3;

     "LOSS OR DAMAGE" means any loss or damage or injury of whatever nature,
     including without limitation, personal injury, disease and death;

     "METER" means the meter or other appropriate measuring device located at or
     near the Delivery Point for the relevant SUMF Item;

     "OPERATING AGREEMENT" means the First Amended and Restated Pernis Operating
     and Maintenance Services Agreement, dated as of the Effective Date between
     Shell Epoxy Resins Nederland B.V., as owner and Shell Nederland Chemie
     B.V., as operator.

     "OVERHEADS" means, without duplication of any Direct Site Cost, in relation
     to each SUMF Item, an equitable allocation of the fixed costs incurred at
     the Site related to management and operation of the Site that are not
     specifically attributable to a certain plant at the Site (without mark-up
     or profit factor, except in accordance with Article 6.1(F)), including the
     following (where they are not provided as separate SUMF Items): Site
     management and general services; fire fighting, security and protection of
     HSE; use of the medical department; office services, accommodation and
     catering; and taxes;

     Overheads shall not include any allocated costs of corporate services,
     unless incurred for specific services in the same manner as Third Party
     services, such as tax, legal or other services and shall not include the
     fees paid to the Supplier's parent company(ies) or any other Affiliate,
     division, business unit or headquarters as a share of corporate overhead.
     For the avoidance of doubt, Overheads shall not include charges for the
     depreciation or amortization of SUMF Assets and any other costs that
     Supplier or any of its Affiliates is required to bear under the Transaction
     Documents (other than the Pernis Agreements) or the IPTLA.  Costs that the
     Supplier or any of its Affiliates is required to bear under this Agreement
     or any other Pernis Agreement shall be borne in accordance with the terms
     hereof and thereof.  The terms of this definition shall not be deemed to
     modify any provision of any Transaction Document other than this Agreement,
     including any express

                                      6      PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     payment or reimbursement obligation of the Purchaser to Supplier under any
     Transaction Document other than this Agreement;

     "PARTY" or "PARTIES" means the Supplier and/or the Purchaser as the case
     requires, their successors and permitted assigns;

     "PERNIS AGREEMENTS" means this Agreement, the Pernis Lease, the First
     Amended and Restated Pernis Site Services, Utilities, Materials and
     Facilities Agreements and the First Amended and Restated Pernis Operating
     and Maintenance Services Agreements, each of which is between SNC and the
     Purchaser or between the Purchaser and the Supplier;

     "PERNIS LEASE" means the Amended and Restated Agreement of Sub-Lease
     between the Parties dated as of the Effective Date;

     "PLANT" means either of  the plants described in Attachment 1 to Schedule 1
     situated at the Site;

     "PRE-CONTRACTUAL STATEMENT" means any draft, agreement, undertaking,
     representation, warranty, promise, assurance or arrangement of any nature
     whatsoever, whether or not in writing, relating to the subject matter of
     this Agreement made or given by any person at any time prior to the date of
     this Agreement other than the Transaction Documents and the IPTLA;

     "PROPERTY" means, in relation to each Party, the plants, buildings and
     other improvements, land and/or other real property interests, fixtures,
     equipment, inventory, finished product, vehicles and other tangible
     personal property interests owned or leased by a Party that are now or in
     the future located within the Site or, in relation to the Supplier,
     elsewhere if used to provide SUMF;

     "PURCHASER'S REPRESENTATIVE" means the person named as being the
     Purchaser's representative in Schedule 1 and any successor to that
     position;

     "REASONABLE ACTIONS" when used in the context of actions to be taken, means
     efforts that would ordinarily be taken by a business person in the
     applicable industry were he in the position under this Agreement of being
     the supplier of SUMF Items or the owner of the Plant, whichever shall be
     relevant;

     "SER" means Shell Epoxy Resins, Inc.

     "SHELL'S HSE AND TECHNICAL STANDARDS" means those standards as defined and
     applied by the Royal Dutch/Shell group of companies for services and
     operations hereunder at the location of the Site;

     "ST SUMF" or "SHORT TERM SUMF" has the meaning given to this term in
     ARTICLE 4.1;

     "SITE" means the site described in SCHEDULE 1;

                                     7       PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     "SNC" means Shell Nederland Chemie B.V.;

     "SOLE SUPPLIER SUMF" is referred to in ARTICLE 4.2;

     "STEERING COMMITTEE" means a steering committee consisting of senior
     representatives of the Purchaser and the Supplier which has
     responsibilities beyond the daily operation of the Plant.  The Steering
     Committee shall discuss any matters of a general nature and any matters
     which are fundamental to the performance of this Agreement pursuant to its
     terms;

     "SUMF" means the site services, utilities, materials and facilities to be
     supplied under this Agreement;

     "SUMF ASSETS" means those assets of the Supplier directly used in the
     provision of SUMF;

     "SUMF CHARGE(S)" or "Charge(s)" means the charge(s) to be paid by the
     Purchaser to the Supplier for each SUMF Item in accordance with ARTICLE 5
     and ARTICLE 6;

     "SUMF ITEM" or "Item of SUMF" means any part of SUMF;

     "SUPPLIER'S REPRESENTATIVE" means the person named as being the Supplier's
     Representative in SCHEDULE 1 and any successor to that position;

     "THIRD PARTY" means any person or company other than the Supplier, the
     Purchaser or their respective Affiliates;

     "TRANSACTION DOCUMENTS" means:

     (i)    that certain Sale Agreement dated September 11, 2000 by and between
            Shell Petroleum N.V. and SER and all documents executed in
            connection therewith, including the following:

     (ii)   the Pernis Lease;

     (iii)  this Agreement, the First Amended and Restated Pernis Site Services,
            Utilities, Materials and Facilities Agreements and the First Amended
            and Restated Pernis Operating and Maintenance Services Agreements,
            each of which is between SNC and the Purchaser or between the
            Purchaser and the Supplier;

     (iv)   the Environmental Agreement; and

     (v)    other agreements between the Purchaser or any of its Affiliates and
            the Supplier or any of its Affiliates relating to the Plant or the
            Site, or any part thereof.

                                         8      PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     "USER" means any company, entity, division, or business unit (including
     divisions and business units of the Supplier and its Affiliates) to which
     SUMF or its equivalent is furnished by the Supplier at the Site;

     "VARIABLE COSTS" means those operating costs incurred at the Site by the
     Supplier in providing SUMF which vary primarily based on consumption, usage
     or production and which are reconcilable with the cost accounting system of
     the Supplier existing as of the Effective Date and as from time to time
     modified by the Supplier (if applied to the entire Site), including the
     costs of air, cooling water, electricity, fuel, nitrogen, process
     materials, steam and applicable taxes, but not depreciation; and

     "WILFUL MISCONDUCT" means an intentional act or omission which is in
     disregard of (a) a known risk or a risk so obvious that it cannot be said
     one were truly unaware of it and (b) a risk so great that it is highly
     probable that harm will follow.

ARTICLE 2:  INTERPRETATIONS

2.1  In this Agreement, unless otherwise specified:

     (A)  references to Articles and Schedules are to Articles of, and Schedules
          to, this Agreement;

     (B)  use of any gender includes the other genders;

     (C)  references to a "company" shall be construed so as to include any
          company, corporation or other body corporate, wherever and however
          incorporated or established;

     (D)  references to a "person" shall be construed so as to include any
          individual, firm, company, government, state or agency of a state,
          local or municipal authority or government body or any joint venture,
          association or partnership (whether or not having separate legal
          personality);

     (E)  references to "USD", "NLG" and "EURO" are to United States Dollars,
          Dutch Guilders and the single currency of the European Union,
          respectively;

     (F)  any reference to a "day" (including within the phrase "Business Day")
          shall mean a period of 24 hours running from midnight to midnight;

     (G)  a reference to any other document referred to in this Agreement is a
          reference to that other document as amended, varied, novated or
          supplemented at any time;

     (H)  where a word or phrase is given a particular meaning, other parts of
          speech and grammatical forms of that word or phrase have corresponding
          meanings;

                                        9    PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (I)  references to the Purchaser shall be deemed to include its successors
          and assigns and references to the Supplier shall be deemed to include
          its successors and assigns;

     (J)  a reference to this "Agreement" or any other agreement or document
          shall be construed as a reference to it as amended, modified or
          novated from time to time.

2.2  The table of contents and headings in this Agreement are inserted for
     convenience only and shall not be taken into consideration in the
     interpretation or construction of this Agreement.

2.3  In the event of a conflict between the terms and conditions set out in the
     main body of this Agreement and any of the Schedules or attachments, the
     relevant Schedule or attachment shall prevail, in relation to that
     Schedule, unless expressly stated otherwise in this Agreement.

2.4  In the event of any inconsistency between the provisions of this Agreement
     and the Intellectual Property Transfer and Licensing Agreement, the terms
     of the Intellectual Property Transfer and Licensing Agreement shall
     prevail.

2.5  Purchaser and Supplier acknowledge that (notwithstanding any provision to
     the contrary in this Agreement), the provisions of Clause 10.3 of the
     Environmental Agreement between Shell Petroleum N.V. and Shell Epoxy
     Resins, Inc. for the Non-U.S. properties dated the date hereof (the
     "Environmental Agreement") shall apply as between any Seller Indemnified
     Party (as defined in the Environmental Agreement) and SER Indemnified Party
     (as defined in the Environmental Agreement) and any Person (as such term is
     defined in the Environmental Agreement) to whom a transfer or assignment is
     made in accordance with Clause 11.1 of the Environmental Agreement. Any
     obligation or liability of any SER Indemnified Party or Seller Indemnified
     Party under this Agreement shall be without prejudice to the rights, if
     any, of the relevant party to claim Environmental Damages (as defined under
     the Environmental Agreement) under the Environmental Agreement.

ARTICLE 3: OBJECT AND SCOPE

3.1  Subject to ARTICLE 8.9 and Article 18, the Supplier agrees to supply to the
     Purchaser and the Purchaser agrees to purchase from the Supplier the SUMF
     Items described herein under the terms and conditions set out in this
     Agreement. Except as otherwise provided in SCHEDULE 2, the Purchaser shall
     purchase the amounts of each SUMF Item up to its Firm Capacity Reservation
     until termination of the supply of such SUMF Item in accordance with the
     provisions of this Agreement or the relevant schedule.

3.2  A description and, where appropriate, the technical specifications, the
     price, delivery terms, specific exclusions and limitations, if any, on
     consumption and supply, and such other details as this Agreement may
     require or as the Parties may agree, of each SUMF Item are set out in
     SCHEDULE 2.

                                      10        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

3.3  Firm Capacity Reservation amounts for each SUMF Item as agreed by the
     Parties are set out in SCHEDULE 2 where applicable.

3.4  If the Purchaser or the Supplier subsequently wishes to change the nature,
     quantity or type of any SUMF Item provided hereunder, the other Party shall
     use reasonable efforts to accommodate such request but with no obligation
     to make such change.  ARTICLE 10.4 provides the Purchaser's right to reduce
     its Firm Capacity Reservations for certain SUMF Items.

3.5  Title to and risk of loss of a SUMF Item shall pass from the Supplier to
     the Purchaser at the Delivery Point(s) specified in SCHEDULE 2.

3.6  The Supplier makes no representations or warranties express or implied with
     respect to any SUMF Items except as expressly set forth in this Agreement.
     No representation or warranty shall be implied under this Agreement or at
     law, including but not limited to, any warranty as to merchantability or
     any warranty as to fitness for a particular purpose in relation to any SUMF
     Item.  The Supplier provides no warranty as to the performance of any
     computer system, digital device and any component thereof.  The Purchaser
     acknowledges that except as expressly set forth herein, no representations
     or warranties are being made herein and releases and relieves the Supplier
     from and hereby waives any such other representations or warranties.

3.7  In the performance of their obligations under this Agreement the Parties
     shall act in good faith and in substantial compliance with all applicable
     laws.

ARTICLE 4: CATEGORIES OF SUMF

4.1  SUMF Items specified in SCHEDULE 2 as "Short Term SUMF" shall be supplied
     to the Purchaser by the Supplier on an initial short term basis upon the
     terms and for the period stated therein, provided that such term shall be
     automatically extended unless either Party elects to terminate the supply
     of a particular Short Term SUMF.  Article 10 provides specific termination
     provisions for Short Term SUMF Items.

4.2  The supply of SUMF Items specified in SCHEDULE 2 as "Sole Supplier SUMF"
     may not be terminated by the Purchaser or the Supplier except by way of a
     termination of this Agreement as a whole.

4.3  SUMF Items specified in SCHEDULE 2 as "Long Term SUMF" shall be supplied to
     the Purchaser by the Supplier on a long term basis.  ARTICLE 10 provides
     specific termination provisions for Long Term SUMF Items.

4.4  Any SUMF Item that is not specified as being either a Short Term SUMF or a
     Sole Supplier SUMF shall be a Long Term SUMF.

                                      11        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 5: SUMF CHARGES

5.1  In consideration of the supply of the SUMF Items by the Supplier to the
     Purchaser, as provided herein, the Purchaser shall pay the Supplier the
     SUMF Charges specified in SCHEDULE 2.  In no event shall SUMF Charges
     include any costs charged to Purchaser under any other agreement between
     the Purchaser and the Supplier or any of the Affiliates of the Supplier.

5.2  The Purchaser shall be responsible for any existing or future sales tax,
     use tax, value added tax, environmental tax or other governmental charge or
     tax (other than taxes measured by income) levied or imposed on the Supplier
     with respect to any SUMF Items consumed by the Purchaser.  The Purchaser
     shall also bear any increase in the cost of providing a SUMF Item which
     results from a change in law.  The charges to be paid by Purchaser under
     this ARTICLE 5.2 shall be without duplication to the charges set forth in
     the Schedules and ARTICLE 5.1.

ARTICLE 6: SUMF CHARGES WITH REFERENCE TO COST

6.1  Where SUMF Charges are to be determined wholly or partly by reference to
     cost the following shall apply:

     (A)  Except as otherwise provided in this ARTICLE 6 or in SCHEDULE 2, the
          Purchaser shall pay:

          (i)   its share of Variable Costs for each SUMF Item based on the
                Purchaser's actual consumption of such SUMF Item;

          (ii)  its share of Direct Site Costs for each SUMF Item based on the
                fraction equal to the Purchaser's Firm Capacity Reservation of
                such SUMF Item compared to the total Site capacity of such SUMF
                Item or the other relevant allocation key or keys specified in
                SCHEDULE 6;

          (iii) its share of Overheads for each SUMF Item without duplication of
                Direct Site Costs based on the fraction equal to the Purchaser's
                Firm Capacity Reservation of such SUMF Item compared to the
                total Site capacity of such SUMF Item or any other allocation
                key specified in SCHEDULE 6; and

          (iv)  the infrastructure charge specified in SCHEDULE 2.

     (B)  For the avoidance of doubt, wherever and to the extent the Supplier
          enjoys a pension fund contribution holiday, the Purchaser will share
          in the benefit of such holiday only until the date when the Supplier
          resumes contributions to the pension fund at which point the pension
          fund contributions for the relevant employees shall be included in the
          Direct Site Costs.

                                      12        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (C)  Costs will be ascertained and charged pursuant to the Supplier's cost
          accounting practices which the Supplier represents are used for, or
          are directly reconcilable with, its Financial Reporting Accounts.  A
          summary of the Supplier's current accounting practices for its
          Financial Reporting Accounts is attached hereto in SCHEDULE 3.  The
          Supplier may modify its cost accounting practices for its Financial
          Reporting Accounts from time to time in the normal course of business
          in conformity with generally accepted accounting principles; but in
          all events, after the Supplier has permitted the Purchaser to review,
          and has consulted with the Purchaser as to, such modification.
          Notwithstanding the foregoing, the Supplier shall not make any such
          modification unless (i) it is for a legitimate business purpose not
          designed solely to increase SUMF Charges to the Purchaser or to Users
          generally and (ii) it does not have a discriminatory economic effect
          on the Purchaser relative to other Users except as may be permitted in
          this Agreement or as may be implemented to correct errors.  The cost
          of any component of SUMF Items procured by Supplier through a Third
          Party shall be passed through to Purchaser at Supplier's cost plus an
          allocation and charge for any applicable Overheads.  The Parties
          expressly acknowledge that any dispute pursuant to this ARTICLE 6.1(C)
          is subject to the provisions of ARTICLE 19.

     (D)  The Purchaser shall not be responsible for any termination costs
          resulting from the Supplier's fixed cost reduction efforts in response
          to a reduction or termination of demand by any User other than the
          Purchaser except to the extent that the Purchaser benefits from the
          reduction efforts, in which case the Purchaser shall bear its
          proportionate share of the costs up to but not in excess of the
          benefit derived.

          Conversely, the Purchaser shall pay the reasonable costs, including
          personnel termination costs (including those actuarially determined)
          determined in accordance with ARTICLE 10.9, which result from the
          Supplier's fixed cost reduction efforts in response (i) to a permanent
          or long-term reduction by the Purchaser of a Sole Supplier SUMF Item
          or a Long Term SUMF Item or (ii) to the termination of a Short Term
          SUMF Item for which the termination rights of the Supplier cannot be
          exercised earlier than upon termination of the Operating Agreement (as
          provided in the schedules attached to this Agreement) and for which
          the Purchaser exercises its right of termination of the supply of such
          Short Term SUMF Item prior to the termination of the Operating
          Agreement.

     (E)  The Purchaser shall bear the costs of any redundancy programme in
          accordance with ARTICLES 10.8 and 10.9 below required as a result of
          any productivity improvement to a particular SUMF Item in proportion
          to the reduction of the relevant SUMF Charges to the Purchaser before
          and after the productivity improvement as compared to the reduction of
          SUMF Charges to all other Users before and after the productivity
          improvement; provided however that such costs to be paid by Purchaser
          shall not exceed such reduction in SUMF Charges realized by Purchaser.

                                      13        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (F)  If under applicable tax or other laws, the Supplier must charge a
          mark-up or profit factor with respect to any SUMF Charge, or,
          alternatively, if a profit factor is imputed under applicable tax or
          other laws, the Parties shall, in good faith and with the view to
          minimising the financial impact of such mark-up or profit factor on
          the Purchaser, discuss and agree to such revision to the SUMF Charge
          as will ensure compliance with the relevant tax or other laws. Any
          failure by the Parties to reach agreement on the revision to be made
          shall constitute a Dispute.

     (G)  Unless the Parties agree otherwise in SCHEDULE 1, the Parties shall
          keep accurate books and records of their activities relevant to this
          Agreement, for at least two (2) years after the calendar year in
          question or such longer period as may be required by law.

     (H)  To verify the correctness of all invoices issued and payments made
          hereunder for the current calendar year and for any of the two (2)
          preceding years and/or to verify the implementation of the Supplier's
          curtailment procedures, and/or to verify the other Party's meter
          readings a Party, upon at least sixty  (60) days prior written notice
          and at reasonable times and intervals but not more than once in any
          calendar year, may require that, at the requesting Party's cost, an
          independent public auditor, being a firm of international repute,
          performs an audit for such purposes. Any such audit shall be pursued
          diligently and completed no later than ninety (90) days after its
          commencement.

          The Parties shall provide such auditors with the necessary data and
          explanations reasonably necessary for the calculation of the SUMF
          Charges and the basis therefor.

          The requesting Party undertakes to procure that such auditors are
          bound by obligations of confidentiality at least as strict as those
          set out in ARTICLE 12.

          Any report produced by such auditors shall be provided to both the
          Purchaser and the Supplier and shall state the results of the
          aforementioned verifications.  If such report reveals that errors have
          been made and that a Party was overcharged or undercharged by an
          amount equal to or greater than USD20,000 or its equivalent in local
          currency, the report shall state the nature, amount and consequences
          of such error(s) together with such additional information as is
          reasonably necessary to explain the genesis of those errors and to
          enable the Parties to avoid recurrence thereof.

          Any refund of an overpayment or payment of an additional sum shall be
          made within 28 days following the provision by the auditors of their
          report and shall include interest at the Interest Rate for the time
          period commencing when the overpayment was made or the underpayment
          amount would otherwise have been due and ending on the date of any
          refund or additional payment in consequence of the audit.

                                      14        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          In the event of an overcharge equal to or greater than USD20,000 or
          its equivalent in local currency the Supplier will reimburse the
          Purchaser, if the Purchaser is the requesting Party, for the audit
          costs. In the event of an undercharge equal to or greater than
          USD20,000 or its equivalent in local currency and such an undercharge
          being attributable to an error or errors relating to metering
          equipment owned by the Purchaser, the Purchaser shall reimburse the
          Supplier, if the Supplier is the requesting Party, for the audit
          costs.

          Failure to make any requisite payment relating to an overcharge or
          undercharge within the 28 days period shall constitute a Dispute for
          resolution in accordance with ARTICLE 19.

ARTICLE 7: PAYMENT TERMS

7.1  The Purchaser shall pay the SUMF Charges in the currency specified in
     SCHEDULE 1.

     In no event shall either Party be entitled to set off or reduce any
     payments due and owing to the other Party under this Agreement by any
     amount which the first Party claims are owed to it by the other Party
     pursuant to any other agreement between the Parties.

7.2  Unless otherwise set out in the relevant Schedules, the provisions set out
     below apply:

     (A)  The Supplier shall provide the Purchaser with an invoice for SUMF
          Charges by the 5th day of each month.

     (B)  For the first two months of every twelve month billing cycle the
          amount invoiced shall be the amount budgeted for those months in the
          Annual Plan and Budget.

     (C)  For the next ten months of such twelve month billing cycle the amount
          invoiced shall be the actual SUMF Charge for the month before the
          preceding month.

     (D)  The final reconciliation for a twelve month billing cycle shall be
          made within 60 days of the end of such cycle. The aggregate budgeted
          SUMF Charges for the first two months of the cycle shall be reconciled
          against the aggregate actual SUMF Charges for the eleventh and twelfth
          months of the cycle and following such reconciliation the relevant
          Party shall make an adjusting payment against an appropriate invoice
          or credit note within thirty (30) days of the date of the relevant
          invoice or credit note, which credit note or invoice shall include
          interest computed at the Interest Rate for the applicable period.

     (E)  The invoices shall be broken down in sufficient detail to indicate the
          SUMF Charges for each SUMF Item supplied during the period in
          question.  The SUMF Charge for each SUMF Item shall in turn be broken
          down in sufficient detail as the Purchaser may reasonably request and
          as the Supplier can reasonably provide.

                                      15        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (F)  The Purchaser shall pay each invoice on or before the last day of the
          month of issue of the relevant invoice.  From the due date, interest
          will accrue on the undisputed invoice amount at the Default Rate.

     (G)  If the Purchaser disagrees with an amount invoiced for SUMF Charges,
          the Purchaser shall advise the Supplier in writing ("Invoice Dispute
          Notice") of the amount disputed within sixty (60) days of the date of
          the invoice and the reason why the Purchaser considers the SUMF
          Charges not to be properly made.  Subject to ARTICLE 7.2(H), the
          Purchaser is entitled to defer payment of the disputed invoice amount
          if the disagreement cannot be resolved before the normal due date but
          the Purchaser is required to pay timely the undisputed invoice amount.
          Payment of the undisputed invoice amount shall not constitute approval
          of the entire invoice.

     (H)  The Parties shall meet to resolve any dispute with respect to an
          invoice as expeditiously as possible.  The Supplier shall provide to
          the Purchaser within thirty (30) days after receipt of the Invoice
          Dispute Notice information in detail sufficient to permit the
          Purchaser to verify the accuracy of such invoice. The Purchaser shall
          either accept the Supplier's response or give written notice to the
          Supplier that the Purchaser continues to question such invoice.
          Promptly after receipt of such notice, the Supplier and the Purchaser
          shall negotiate in good faith with respect to resolving such question.
          If the Supplier and the Purchaser cannot resolve such question in a
          mutually satisfactory manner within twenty (20) days after such notice
          shall have been given, the question shall promptly be submitted to a
          firm of independent public auditors, of international repute, as
          determined by mutual agreement between the Supplier and the Purchaser
          within another twenty (20) days or, in default of agreement, as chosen
          by lot from among four independent public auditors, two of which shall
          be selected by the Supplier and two of which shall be selected by the
          Purchaser.  Such firm will review the applicable books and records of
          the Supplier and the Purchaser and make such other investigations it
          shall deem necessary to resolve such question.  The costs of retaining
          such firm shall be borne by the Purchaser unless the firm determines
          that the Purchaser was overcharged by an amount equal to or greater
          than USD 20,000 or its equivalent in local currency, in which case the
          costs of retaining such firm shall be borne by the Supplier.  The
          decision of the auditors shall be final and binding on the parties and
          not subject to challenge and resolution under ARTICLE 19 and judgment
          thereon may be entered in any court of competent jurisdiction.

     (I)  Any refund of any invoice amount, or payment of any disputed invoice
          amount, shall be promptly made following the final determination as
          aforesaid and shall include interest at the Interest Rate based on the
          actual number of days elapsed from the due date of the original
          invoice to the date such refund or additional payment is received by
          the Party concerned.

     (J)  The Supplier shall provide the Purchaser with a quarterly report on
          variations from the Annual Plan and Budget no later than thirty (30)
          days from the end of

                                      16        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          the relevant quarter. In the event of a difference between the Annual
          Plan and Budget and actual results exceeding the total Annual Plan and
          Budget by more than 3% for the SUMF Item in question or by more than a
          3% change in any tariff with respect to the SUMF Item in question or
          the equivalent in local currency of USD 50,000, whichever is the
          greater, the Supplier shall consult with the Purchaser and provide
          relevant explanations for such differences. The Parties will discuss
          which actions, if any, are to be taken with respect to such
          differences.

ARTICLE 8: ANNUAL FORECAST; ANNUAL PLAN AND BUDGET; AND CURTAILMENT

8.1  For operational forecast purposes only, unless the Purchaser otherwise
     submits to the Supplier on or before 1st June in each calendar year a non-
     binding annual forecast of its quarterly volume requirements set out on a
     month by month basis for each SUMF Item for the forthcoming calendar year
     and estimates of its volume requirements for each SUMF Item for the
     following four (4) calendar years, the Supplier shall use the prior year's
     volume forecast for SUMF Items and estimates of volume requirements for the
     forthcoming year and four subsequent years.  The Purchaser shall update any
     such forecast on or before September 1st of each year to provide its actual
     forecast.

8.2  Not later than 60 days before the commencement of each calendar year
     beginning after the Effective Date, the Supplier shall prepare and submit
     to the Purchaser for approval a draft operational forecast of the SUMF
     Charges (the "Annual Plan and Budget") for the following calendar year
     taking into full account the forecast data provided to the Supplier by the
     Purchaser.

8.3  Following receipt by the Purchaser of the draft Annual Plan and Budget, the
     Parties shall consult and shall each use all reasonable endeavours to reach
     agreement thereon.  Upon the approval of both Parties, the draft Annual
     Plan and Budget  becomes the Annual Plan and Budget.

8.4  If the draft Annual Plan and Budget is not approved prior to the
     commencement of the calendar year to which it relates the most recently
     approved Annual Plan and Budget shall be used until the new Annual Plan and
     Budget is approved.

8.5  Each Annual Plan and Budget shall be designed to ensure that the SUMF Items
     are provided in accordance with this Agreement.

8.6  For each SUMF Item, the Annual Plan and Budget for the calendar year 1999
     or, as applicable, 2000, is set out in SCHEDULE 2 or SCHEDULE 7, as
     applicable.

8.7  If there is any Dispute between the Parties on the final Annual Plan and
     Budget the matter shall be referred for resolution in accordance with
     ARTICLE 19.

8.8  In the event that any SUMF Items are not available at the planned volume
     rates for any reason whatsoever, the Supplier shall implement the then
     current curtailment procedures

                                      17        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     followed by the Supplier and as specified in SCHEDULE 2 or 4. Unless
     otherwise provided in any Schedule hereto, such curtailment procedures will
     be based upon the following priorities, provided that the interests of the
     Purchaser are treated fairly: (i) safety; (ii) minimising adverse
     environmental impact; and (iii) sustaining the operations of the Site as a
     whole.

8.9  The Supplier shall have the right to impose curtailment selectively based
     upon the foregoing considerations regardless of the cause of the
     curtailment and without liability.  However, nothing in this ARTICLE 8
     shall permit the Supplier to curtail any SUMF Item based upon its business
     considerations.  Purchaser may allocate such curtailed SUMF Items among
     Purchaser's operations as Purchaser determines in its sole discretion,
     subject to the operational or HSE constraints of Supplier.

8.10 If reasonably possible, the Supplier shall advise the Purchaser of any
     impending curtailment and the Parties shall cooperate to avoid or mitigate
     the effects of such curtailment in an economically efficient manner.

ARTICLE 9: LIABILITY AND INDEMNITY

9.1  For purposes of this ARTICLE 9, the following terms shall be defined as set
     forth below:

          "Employee" means any employee of the applicable Party.

          "Third Party Claim" means any claim initiated by a person (other than
          either Party, their Affiliates or their employees) against an
          indemnified Party, any of their respective Affiliates or any of their
          respective Employees.

          "Supplier Indemnitees" means the Supplier, its Affiliates, officers,
          directors, employees, agents, servants, and other representatives of
          each of them.

          "Purchaser Indemnitees" means the Purchaser, its Affiliates, officers,
          directors, employees, agents, servants, and other representatives of
          each of them.

9.2  (A)  Each Party shall, except as provided in ARTICLES 9.2(B), 9.3(A)(iii),
     9.3(B)(iii) and as set forth in ARTICLE 9.3(C), be responsible for any Loss
     or Damage to its property.

     (B)  If any Loss or Damage to a SUMF Asset shall occur by reason of the
          Gross Negligence or Wilful Misconduct of a Party, such Party shall be
          responsible for the cost of the restoration of such SUMF Asset.

     (C)  Each Party shall, except as provided in ARTICLE 9.3, be responsible
          for any Loss or Damage it may cause to any of its employees.

                                      18        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

9.3  (A)  Subject to the limitations set forth in this ARTICLE 9 and in ARTICLE
     14, the Purchaser shall be responsible for and shall indemnify, defend and
     hold harmless the Supplier Indemnitees from and against the following:

          (i)   any Loss or Damage of Supplier Indemnitees to any of the
                Purchaser's Employees attributable to (a) the Purchaser's
                negligence (excluding any Loss or Damage attributable to
                Supplier's negligence), or (b) the Purchaser's Gross Negligence
                or Wilful Misconduct, or (c) the Supplier's negligence in an act
                or omission with respect to performance of its obligations under
                this Agreement (but not the Supplier's Gross Negligence or
                Wilful Misconduct);

          (ii)  any Loss or Damage of Supplier Indemnitees to any of the
                Supplier's Employees attributable to (a) the Purchaser's
                negligence or (b) the Purchaser's Gross Negligence or Wilful
                Misconduct;

          (iii) any Loss or Damage to any of the Supplier's property (excluding
                any SUMF Asset) attributable to the Purchaser's Gross Negligence
                or Wilful Misconduct;

          (iv)  any Loss or Damage to any of the Purchaser's property (excluding
                any SUMF Asset) attributable (a) to the Supplier's negligence in
                an act or omission with respect to performance of its
                obligations under this Agreement (but not the Supplier's Gross
                Negligence or Wilful Misconduct) or (b) to the Purchaser's
                negligence, Gross Negligence or Wilful Misconduct;

          (v)   any Loss or Damage of Supplier Indemnitees resulting from Third
                Party Claims attributable to (a) the Purchaser's negligence or
                (b) the Purchaser's Gross Negligence or Wilful Misconduct or (c)
                the Supplier's negligence in an act or omission with respect to
                performance of its obligations under this Agreement (but not the
                Supplier's Gross Negligence or Wilful Misconduct);

          (vi)  any Loss or Damage of Supplier Indemnitees to any of Supplier's
                Employees while conducting activities under this Agreement,
                attributable to the Supplier's negligence in an act or omission
                with respect to performance of its obligations under this
                Agreement (but not the Supplier's Gross Negligence or Wilful
                Misconduct);

          (vii) any Loss or Damage of Supplier Indemnitees resulting from
                failure by the Supplier to comply with Legal Requirements in
                relation to performance of this Agreement limited to the amount
                chargeable under this Agreement to Purchaser in respect of SUMF
                Charges in any calendar year (if such Loss or Damage is incurred
                partly in relation to performance of this Agreement

                                      19        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

                    and partly in conjunction with other activities of Supplier
                    Indemnitees, the Purchaser shall only be liable hereunder
                    for any equitable allocation of such Loss or Damage in the
                    same manner Overheads are equitably allocated); provided
                    nothing in this ARTICLE 9.3(A)(vii) shall provide for a
                    duplication of recovery by Supplier;

          provided, however, that, except as provided in ARTICLE 14 and
          ARTICLE 9.7, the Purchaser's aggregate liability for any Loss or
          Damage arising under ARTICLE 9.3(A)(ii)(b) or 9.3(A)(iii) shall not
          (i) in any calendar year exceed 25% of the SUMF Charges in the
          preceding calendar year (in the first calendar year, 25% of the SUMF
          charges for that calendar year); or (ii) for loss resulting from any
          single event, exceed 25% of the SUMF Charges in the calendar year in
          which the Loss or Damage first occurs.

     (B)  Subject to the limitations set forth in this ARTICLE 9 and in ARTICLE
          14, the Supplier shall be responsible for and shall indemnify, defend
          and hold harmless the Purchaser Indemnitees from and against the
          following:

          (i)       any Loss or Damage of Purchaser Indemnitees to any of the
                    Supplier's Employees attributable to the Supplier's Gross
                    Negligence or Wilful Misconduct;

          (ii)      any Loss or Damage of Purchaser Indemnitees to any of the
                    Purchaser's Employees attributable to the Supplier's Gross
                    Negligence or Wilful Misconduct;

          (iii)     any Loss or Damage to any of the Purchaser's property
                    (excluding any SUMF Asset) attributable to the Supplier's
                    Gross Negligence or Wilful Misconduct; and

          (iv)      Any Loss or Damage of Purchaser Indemnitees resulting from
                    Third Party Claims attributable to the Supplier's Gross
                    Negligence or Wilful Misconduct;

          provided, however, that, except as provided in ARTICLE 14 and ARTICLE
          9.7, the Supplier's aggregate liability for any Loss or Damage arising
          under ARTICLE 9.3(B) shall not (i) in any calendar year, exceed 25% of
          the SUMF Charges in the preceding calendar year (in the first calendar
          year, 25% of the SUMF charges for that calendar year); or (ii) for
          loss resulting from any single event, exceed 25% of the SUMF Charges
          in the calendar year in which the Loss or Damage first occurs.

     (C)  If Supplier shall suffer Loss or Damage to SUMF Assets as a result of
          the negligence (but not Gross Negligence or Wilful Misconduct) of
          Purchaser or Supplier, Supplier shall be responsible to restore such
          SUMF Asset and Purchaser shall reimburse Supplier for and in an amount
          equal to (i) the cost to restore such SUMF Asset, multiplied by (ii)
          the fraction equal to the Purchaser's Firm Capacity

                                      20        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          Reservation for such SUMF Asset compared to the total site capacity of
          such SUMF Item or other relevant allocation key or keys specified in
          SCHEDULE 6. To cover the risk of the Purchaser having, pursuant to the
          provision immediately above, to bear a proportion of the cost of
          restoring a SUMF Asset in respect of which the Supplier has sustained
          Loss or Damage, the Purchaser shall insure or, with Supplier's
          consent, self-insure.

     (D)  Subject to the indemnity given by the Purchaser to the Supplier in
          ARTICLE 9.3(A)(iv)(a) each party waives and releases the other Party
          from and against any and all Loss or Damage to such Party's assets,
          excluding any SUMF Asset, resulting from the negligence (but not Gross
          Negligence) of the other Party.

9.4  A Party shall promptly notify the other Party of any claim made against it
     arising out of matters covered in this ARTICLE 9.  Once the indemnifying
     Party accepts its indemnity obligation, it may, at its own cost, conduct
     negotiations for the settlement of any claim made against the indemnified
     Party, and any litigation that may arise therefrom in such reasonable
     manner as the other Party shall from time to time approve, such approval
     not to be unreasonably withheld or delayed.  The indemnified Party shall
     not make any admission which is prejudicial to the indemnifying Party
     unless the indemnifying Party has failed to accept its indemnity
     obligations within 20 days after having been requested to do so.

9.5  Notwithstanding anything to the contrary contained in this Agreement, under
     no circumstance shall a Party or any of its Affiliates be held liable to
     the other Party or any of the other Party's Affiliates for any loss of
     profit, loss of use, loss of production, loss of contracts or for any other
     indirect or consequential damage that may be suffered by the other, or for
     any special, exemplary or punitive damages.

9.6  Any SUMF Items procured from a Third Party as indicated in the relevant
     Schedules will be provided by the Supplier to the Purchaser under the same
     terms and conditions applicable between the Supplier and the Third Party
     and, to the extent so supplied, the Supplier shall have no liability with
     respect to the supply or performance of such SUMF Items.

9.7  Notwithstanding any other provision of this Agreement, each Party shall, to
     the fullest extent permitted by law, indemnify, defend and hold harmless
     the other Party and its Affiliates from and against any and all
     Environmental Loss or Damage including other Loss or Damage to an
     Environmental Protection System, (after giving effect to any recoveries
     from Third Parties) in any way resulting from or attributable to a product,
     material, feedstock or off-take owned by such Party or its Affiliates;
     provided however, that neither Party shall be required to indemnify the
     other Party for any Environmental Damage (as defined in the Environmental
     Agreement) for which such other Party is entitled to indemnification under
     the Environmental Agreement.

9.8  Any liability of one Party to the other Party under this ARTICLE 9 shall
     expire two years after the date on which the act or omission giving rise to
     such Party's liability first

                                      21        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     occurred, unless the Party makes a claim within such two year period, and
     no claim, demand, action or proceeding shall be brought or initiated by the
     claiming Party against the other Party thereafter; provided, however, that
     the liability of a Party under ARTICLE 9.7 shall not be so limited.

9.9  The foregoing indemnities set forth in this Article 9 are intended to be
     enforceable against the Parties in accordance with the express terms and
     scope thereof.

9.10 The provisions of this ARTICLE 9 are for the benefit of the Purchaser
     Indemnitees and the Supplier Indemnitees and no other party shall be
     entitled to any benefit of the provisions of this ARTICLE 9.

ARTICLE 10: TERM AND TERMINATION; REDUCTION OF CAPACITY RESERVATION

10.1 This Agreement shall be of full force and effect on and from the Effective
     Date and shall continue for an initial term of twenty (20) years from the
     Effective Date and shall be automatically renewed thereafter for extension
     terms of five (5) years each, unless terminated earlier as provided for in
     this Agreement.

10.2 The Purchaser may terminate this Agreement in its entirety as to one or
     both of its Plants in any of the following circumstances:

     (A)  if a Bankruptcy Event occurs and is continuing in relation to the
          Supplier and the Supplier does not provide adequate assurances to the
          Purchaser within thirty (30) days of the occurrence of the Bankruptcy
          Event that the Supplier will continue to provide all SUMF Items to the
          Purchaser on the terms and conditions of this Agreement;

     (B)  with twelve (12) months' prior written notice, following the decision
          by the Purchaser to discontinue its operations at such Plant or
          Plants; and

     (C)  with three (3) years' prior written notice, effective at the end of
          the initial twenty (20) year term or at the end of any five (5) year
          extension term, as the case may be.

10.3 Unless otherwise provided in a Schedule to this Agreement, the Purchaser
     may terminate this Agreement as to the supply of an individual SUMF Item at
     one or both of its Plants in any of the following circumstances, provided
     always that no supply of Sole Supplier SUMF may be terminated by the
     Purchaser without terminating this Agreement as a whole as to one or both
     of its Plants:

     (A)  if a Bankruptcy Event occurs and is continuing in relation to the
          Supplier and the Supplier does not provide adequate assurances to the
          Purchaser within thirty (30) days of the occurrence of the Bankruptcy
          Event that the Supplier will continue to

                                      22        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          provide the particular SUMF Item to the Purchaser on the terms and
          conditions of this Agreement;

     (B)  if, for reasons other than Force Majeure, a continuing material non-
          conforming performance occurs as to the Supplier's provision of a SUMF
          Item for more than thirty (30) days and the Purchaser has given the
          Supplier written notice of such non-conforming performance and within
          thirty (30) days thereafter such unsatisfactory performance has not
          been corrected or the Supplier has not developed and implemented a
          plan of corrective action reasonably satisfactory to the Purchaser to
          prevent the reoccurrence of such non-conforming performance;

     (C)  with ninety (90) days' prior written notice, or such other notice
          period as is provided in a Schedule for any Short Term SUMF Item;

     (D)  with three (3) years' prior written notice, or such other notice
          period as is provided in a Schedule for any Long Term SUMF Item; and

     (E)  with at least thirty (30) days' prior written notice, upon the
          occurrence of at least three (3) Force Majeure events (other than
          Force Majeure events caused by "Acts of God" including Acts of God
          affecting any supplier or vendor to Supplier) that occur with respect
          to such particular SUMF Item during any twelve (12) months period.

10.4 If the Purchaser or the Supplier requests a change in the nature, quantity
     or type of any SUMF Item provided hereunder, the other Party shall use
     reasonable efforts to accommodate such request but with no obligation to
     make such change. In the event of  the charge for a particular SUMF Item
     being based upon the Purchaser's Firm Capacity Reservation, the Purchaser
     shall have the right with respect to such SUMF Item upon ninety (90) days
     advance written notice in the case of a Short Term SUMF Item (or such other
     period as may be required to terminate such Short Term SUMF Item under the
     applicable Schedule) and three (3) years advance written notice in the case
     of a Long Term SUMF Item (or such shorter period as may be required to
     terminate such Long Term SUMF Item under the applicable Schedule) to reduce
     its Firm Capacity Reservation for such SUMF Item and, when reduced, to
     receive a pro rata reduction in the Direct Site Costs, Overheads,
     Infrastructure Fees and such other costs that are allocated based on the
     Purchaser's share of the aggregate of firm capacity reservations for such
     SUMF Item in respect of all Users. There shall be no minimum or maximum
     limit on the extent of the reduction except as the Supplier may require for
     the protection of HSE. Termination cost (i.e. disconnection cost and
     redundancy cost, as the case may be) associated with the reduction of the
     Firm Capacity Reservation for a Long Term SUMF Item will be dealt with as
     if such SUMF Item were terminated and the provisions of Article 10.8 shall
     apply thereto.

10.5 The Supplier may terminate this Agreement in its entirety in any of the
     following circumstances:

                                      23        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (A)  if a Bankruptcy Event occurs and is continuing in relation to the
          Purchaser and the Purchaser does not provide the Supplier with
          adequate assurance (such as an advance payment or letter of credit or
          such other security as is acceptable to Supplier) of continued payment
          of the SUMF Charges for all SUMF Items within thirty (30) days of the
          occurrence of the Bankruptcy Event;

     (B)  if the Purchaser fails to pay any SUMF Charge within three (3) months
          of the date when such payment fell due, and (i) such failure continues
          for an initial period of at least thirty (30) days after written
          notice from the Supplier and (ii) further continues for an additional
          period of at least ten (10) days following a second written notice
          from the Supplier which second notice may be given at any time
          following the expiration of the first thirty (30) day period but the
          Supplier shall not be entitled to terminate this Agreement pursuant to
          this provision when the Purchaser has in good faith referred any
          disputed SUMF Charge for resolution in accordance with ARTICLE 7.2(H)
          or ARTICLE 19, and made payment to the Supplier of any part of the
          SUMF Charge not the subject of the Dispute;

     (C)  with at least twenty-four (24) months' prior written notice or, if
          that is impossible, with as much notice as is possible under the
          circumstances and in any event promptly after the Supplier has made
          such decision, if the Supplier decides to cease operations of all or
          substantially all of its SUMF Assets at the Site and does so cease
          such operations; and

     (D)  with three (3) years' prior written notice, effective at the end of
          the initial twenty (20) year term of this Agreement or at the end of
          any five (5) year extension term, as the case may be.

10.6 Unless otherwise provided in a Schedule to this Agreement, the Supplier may
     terminate this Agreement as to the supply of an individual SUMF Item in any
     of the following circumstances, provided that no supply of Sole Supplier
     SUMF may be terminated by the Supplier without terminating this Agreement
     as a whole:

     (A)  if a Bankruptcy Event occurs and is continuing in relation to the
          Purchaser and the Purchaser does not provide the Supplier with
          adequate assurance (such as an advance payment or letter of credit  or
          such other security as is acceptable to Supplier) of continued payment
          of the SUMF Charges for all SUMF Items within thirty (30) days of the
          occurrence of the Bankruptcy Event;

     (B)  if the Purchaser without proper justification fails to pay any SUMF
          Charge for such individual SUMF Item within three (3) months of the
          date when such payment fell due, and such failure continues for an
          initial period of at least thirty (30) days after written notice from
          the Supplier, but the Supplier shall not be entitled to terminate this
          Agreement pursuant to this provision when the Purchaser has in good
          faith referred any disputed SUMF Charge for an individual SUMF Item
          for resolution in accordance with ARTICLE 7.2(H) or ARTICLE 19, and
          has made

                                      24        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

          payment to the Supplier of any part of the SUMF Charge not the subject
          of the Dispute;

     (C)  with at least twelve (12) months' prior written notice or, if that is
          impossible, with as much notice as is possible under the circumstances
          and in any event promptly after the Supplier has made such decision,
          if the Supplier decides to cease the supply to the entire Site of such
          SUMF Item SUMF and does so cease such supply and such SUMF Item is not
          a Sole Supplier SUMF Item;

     (D)  with ninety (90) days' prior written notice, or such other notice
          period as is provided in SCHEDULE 2, for any Short Term SUMF Item;
          provided, however, that such termination of a Short Term SUMF
          Agreement by the Supplier may occur only on or after December 31, 2002
          (or such other initial period of duration as may be expressly
          specified in the applicable Schedule for such SUMF Item); and provided
          further, however, that the effective date of any such termination
          shall in all events occur on the last day of the calendar year which
          follows such ninetieth day;

     (E)  with three (3) years' prior written notice effective at the end of the
          initial period of twenty (20) years or at the end of any extension
          period of five (5) years, as the case may be, for any Long Term SUMF
          Item; and

     (F)  with at least thirty (30) days' prior written notice, upon the
          occurrence of at least three (3) Force Majeure events (other than
          Force Majeure events caused by "Acts of God", including Acts of God
          affecting any third party supplier or vendor to the Purchaser) that
          occur with respect to the same operating unit of Purchaser and with
          respect to the same SUMF Item, during any twelve (12) months period.

10.7 Upon the termination of the supply of a Short Term SUMF Item to a Plant by
     Purchaser, the Supplier shall physically disconnect from that SUMF Item's
     delivery system to the Plant and shall pay all costs associated with the
     physical disconnection. Upon the termination of a Short Term SUMF Item by
     the Supplier pursuant to ARTICLE 10.5(A) or 10.6(A) due to a Bankruptcy
     Event of Purchaser or pursuant to ARTICLE 10.5(B) or 10.6(B) due to a
     payment default by Purchaser under this Agreement, the Supplier shall
     physically disconnect from that SUMF Item's delivery system and Purchaser
     shall pay all costs associated with the physical disconnection.  Upon the
     termination of the supply of a Long Term SUMF Item to a Plant, the
     Purchaser shall physically disconnect from that SUMF Item's delivery system
     to the Plant in the time and manner instructed by the Supplier.  The
     Purchaser shall pay the costs associated with the physical disconnection,
     if a Long Term SUMF Item was terminated (i) by Purchaser pursuant to
     ARTICLE 10.2(B) or 10.3(D) or (ii) by Supplier pursuant to ARTICLE 10.5(A),
     10.5(B), 10.6(A) or 10.6(B). Each Party agrees to cooperate with the other
     Party in order to facilitate disconnection and minimize disconnection
     costs. The Supplier shall pay the costs associated with the physical
     disconnection of the Long Term SUMF Item that are not required to be paid
     by the Purchaser as provided in the preceding sentence.  Notwithstanding
     the other provisions of this ARTICLE 10.7,  the costs associated with the
     physical disconnection of all

                                      25        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     SUMF Items at the termination of this Agreement under ARTICLE 10.2 (C) or
     10.5 (D) or upon termination of the supply of an individual SUMF Item under
     ARTICLE 10.6(E) shall be paid one half by the Purchaser and one half by the
     Supplier.

10.8 In the event of termination of this Agreement pursuant to ARTICLE 10.2(A),
     10.2(B), 10.3, 10.5(A), 10.5(B), 10.5(C) or upon termination of the supply
     of an individual SUMF Item under ARTICLE 10.6, the Supplier may terminate
     the employment of any member of its or any of its Affiliates' staff
     substantially involved in the provision of SUMF Items to the Purchaser
     under this Agreement. In the event of termination of this Agreement as to
     the supply of an individual SUMF Item pursuant to ARTICLE 10.6, and in the
     event of a reduction in the Purchaser's Firm Capacity Reservation pursuant
     to ARTICLE 10.4, the Supplier may terminate the employment of any member of
     its or any of its Affiliates' staff substantially involved in the provision
     of the relevant SUMF Item.  In the case of the termination by the Supplier
     of employment of any member of its staff as a result of termination of this
     Agreement under ARTICLE 10.2(B), 10.5(A), 10.5(B), 10.6(A) and 10.6(B) or a
     reduction in the Purchaser's Firm Capacity Reservation under ARTICLE 10.4,
     the Purchaser will indemnify the Supplier for any redundancy costs in
     accordance with ARTICLE 10.9; provided that such indemnity shall be on a
     pro rata basis in the proportion of the Purchaser's share of allocated
     manpower for its operation to the extent that any employee is not
     substantially involved in the provision of that individual SUMF Item.
     Notwithstanding the foregoing provisions of this ARTICLE 10.8 that set out
     the indemnity of Purchaser for certain redundancy costs of Supplier, at the
     termination of this Agreement under ARTICLE 10.2(C), 10.5(D), or upon the
     termination of an individual SUMF Item under ARTICLE 10.6(E) any redundancy
     costs of Supplier as determined in accordance with ARTICLE 10.9, shall be
     paid one half by the Purchaser and one half by the Supplier.

10.9 In the event of termination of this Agreement whether in its entirety as to
     one or both Plants or as to the supply of an individual Item of SUMF
     pursuant to any of ARTICLES 10.2(B), 10.2(C), 10.3(D), 10.3(E), or 10.5(A),
     10.5(B), 10.5(D), 10.6(A), 10.6(B), and 10.6(E) with respect to any member
     of staff terminated in accordance with ARTICLE 10.8 who (i) in the case of
     the termination of this Agreement in its entirety, was substantially
     involved in the provision to the Purchaser of a Long-Term SUMF Item or Sole
     Supplier SUMF or (ii) in the case of the termination of this Agreement as
     to the supply of an individual Long Term SUMF Item or of a reduction in the
     Firm Capacity Reservation as to a Long Term SUMF Item, was substantially
     involved in the provision to the Purchaser of such SUMF Item, the Purchaser
     will indemnify the Supplier in full against all and any liabilities,
     losses, costs, damages, expenses, demands and claims relating to

     (a)  compensation and remuneration (including benefit entitlements and
          social charges whether contractual or statutory) arising from or in
          connection with (i) the period of employment from the date of
          termination of the SUMF Item to the date of such decision to terminate
          the Employee and (ii) the relevant notice period applicable to the
          relevant employee in accordance with the Supplier's applicable policy
          and

                                      26        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

      (b)  the termination of his employment provided (i) the Supplier shall
           make any decision regarding the termination of employment and notify
           the Purchaser accordingly within 180 days of notification of the
           termination of the Agreement or the termination of the supply of an
           individual Item of SUMF; and (ii)the Supplier has used reasonable
           endeavours, but has failed, to find suitable alternative employment
           on the Site for the employee prior to notifying the employee of his
           dismissal in accordance with Dutch law and with his contract of
           employment; (iii) an employee who is transferred by the Supplier to
           an Affiliate as a result of any such termination shall not be
           considered a terminated employee for purposes of this Agreement
           unless such transfer results in severance costs in which case the
           Purchaser shall indemnify the Supplier for such severance costs in
           accordance with this ARTICLE 10.9; and (iv) and notwithstanding the
           provisions of ARTICLE 10.9(a) the severance cost arising out of the
           termination of such employee's employment shall be computed by
           reference to the total length of service of such employee with the
           Supplier or any of its Affiliates prior to the date of such decision
           to terminate the employee's employment and not by reference to the
           period specified in ARTICLE 10.9(a).

      Notwithstanding the foregoing provisions of this ARTICLE 10.9 that set out
      payment of certain costs by Purchaser, at the termination of this
      Agreement under ARTICLE 10.2(C) or 10.5(D) or upon termination of the
      supply of an individual SUMF Item under Article 10.6(E) any redundancy
      costs of Supplier as determined in accordance with ARTICLE 10.9, shall be
      paid one half by the Purchaser and one half by the Supplier.

10.10 Each Party shall exercise its reasonable efforts to minimise any adverse
      effect to the other Party resulting from the termination of the rendering,
      in whole or in part, of any SUMF Items under this Agreement. Each Party
      agrees to cooperate with the other Party in order to facilitate any
      disconnection and minimise disconnection costs and termination costs. In
      the event the Supplier purports to cease to provide any Long Term or Sole
      Supplier SUMF Item during the ten-year period following the Effective Date
      as a result of its cessation of operations of all or substantially all of
      its SUMF Assets at the Site or its cessation of supply to the entire Site
      of such SUMF Item, the Supplier shall continue to provide the Purchaser
      with such SUMF Item for the balance of the ten-year period on a basis
      which is the economic equivalent of the Supplier's supply to the Purchaser
      of such SUMF Item prior to the Supplier's cessation of operations or
      supply. The manner in which the Supplier continues to provide such SUMF
      Item on an economically equivalent basis shall be within the Supplier's
      sole discretion and may include the transfer by the Supplier of SUMF
      Assets, the assignment of all or part of this Agreement to Third Parties,
      the investment in alternative assets and the procurement of comparable
      items from Third Parties. In the event such termination occurs following
      the tenth anniversary of the Effective Date, the provisions of ARTICLE
      10.11 shall apply to Supplier's provision of SUMF Items.

10.11 Upon termination of this Agreement, the Parties, acting reasonably and in
      good faith, shall negotiate for the continued provision of any essential
      SUMF Items on commercially competitive terms and conditions, including
      price, which shall in any event be sufficient

                                      27        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

      to provide the Supplier with full recovery of its cash costs plus a return
      on capital and capital reimbursement consistent with the other SUMF
      infrastructure charges contained in this Agreement. In addition, if such
      termination occurs any time after the tenth anniversary of the Effective
      Date,

      (a)  the Supplier shall consider, without obligation, the same
           alternatives which it may consider upon termination of the provision
           of SUMF Items during the ten-year period commencing with the
           Effective Date pursuant to ARTICLE 10.10; and

      (b)  the Purchaser shall have the right to continue to receive from the
           Supplier any essential Long Term or Sole Supplier SUMF Items for
           which the Purchaser cannot obtain a reasonable alternative source
           elsewhere.

10.12 Subject to ARTICLES 10.10 and 10.11 any termination of this Agreement, in
      whole or in part, including the termination of the supply of an individual
      SUMF Item and any reduction in the Purchaser's Firm Capacity Reservation
      for a SUMF Item, shall be final.

10.13 Termination of this Agreement under this ARTICLE 10 shall not affect the
      provisions of ARTICLES 6 (as to audit rights), 9, 10.7, 10.8, 10.9, 10.10,
      10.11, 10.12, 10.13, 10.14, 10.15, 10.16, 11, 12, 14, 17.4, 19, 23, 25,
      26, 27, 28 and 29 which shall continue in full force and effect.

10.14 Within 60 days after termination of this Agreement as to one or both
      Plants, the Supplier shall provide a final reconciliation of SUMF Charges.
      Any overcharges or undercharges shall be paid by the Party owing the same
      within twenty (20) days following the final reconciliation (after any
      required adjustments have been made). The final recalculation shall be
      broken down in such detail as the Purchaser may reasonably request and as
      the Supplier can reasonably provide. From the due date of the
      reconciliation payment, interest will accrue at the Default Rate. The
      Parties shall meet to resolve any dispute relating to the final
      reconciliation as expeditiously as possible in accordance with ARTICLE 19.

10.15 Termination of this Agreement as to one or both Plants and termination of
      the supply of any individual SUMF Item shall be without prejudice to the
      accrued rights and liabilities of the Parties at the time of such
      termination and all provisions of this Agreement necessary for the full
      enjoyment thereof shall survive termination for the period so necessary.

10.16 Notwithstanding the foregoing provisions of this ARTICLE 10, if there is a
      Dispute regarding the termination of this Agreement or a SUMF Item, no
      termination shall occur until sixty (60) days following resolution of the
      Dispute (i) under ARTICLE 19 or ARTICLE 7.2 (H), as applicable or (ii) by
      written agreement of the Parties; provided, however that the additional
      sixty (60) day period in this sentence shall be ten (10) days if the
      termination of this Agreement or a SUMF Item is by the Purchaser under
      ARTICLE 10.2(A) or ARTICLE 10.3(A) or (B) or is by the Supplier under
      ARTICLE 10.5(A), 10.5(B), 10.6(A) or 10.6(B).

                                      28        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 11: INTELLECTUAL PROPERTY RIGHTS

11.1  Neither this Agreement nor the performance by any of the Parties of its
      duties hereunder shall operate to convey, license or otherwise transfer
      from one Party to another any patent, know-how, trade secrets or other
      intellectual property rights.

11.2  The copyright and any other industrial property rights and property in any
      Confidential Record or other material supplied under this Agreement shall,
      in the absence of any express provision to the contrary thereon, remain
      with the disclosing Party.

ARTICLE 12: CONFIDENTIALITY

12.1  Subject to ARTICLE 12.2, each Party shall treat as strictly confidential
      (and shall not disclose) all information received or obtained as a result
      of entering into or performing this Agreement which relates to:

      (A)  the provisions of this Agreement;

      (B)  the negotiations relating to this Agreement;

      (C)  the performance of this Agreement;

      (D)  the other Party or any aspect of its business or operations; or

      (E)  the subject matter of this Agreement.

12.2  Either Party may disclose information which would otherwise be
      confidential if and to the extent:

      (A)  required by the law of any jurisdiction to which the disclosure is
           subject;

      (B)  required by any securities exchange or agency to which either Party
           is subject, wherever situated, whether or not the requirement has the
           force of law; provided that the disclosing Party requests in
           accordance with applicable rules confidential treatment of such
           information by any such securities exchange or agency to whom such
           information is required to be disclosed;

      (C)  disclosed on a strictly confidential basis to the professional
           advisers or auditors of the Party or to any actual or potential
           bankers or financiers of that Party;

      (D)  disclosed on a strictly confidential basis to an Affiliate or
           Affiliates;

      (E)  disclosed on a strictly confidential basis to bona fide potential or
           actual purchasers of a proprietary interest in or potential or actual
           operators of either the Plant or the Site;

                                      29        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (F)  disclosed to the corporate shareholders or other equity owners of the
          Parties;

     (G)  that the information is lawfully  known to the Party (without binder
          of secrecy) at the time of disclosure; or

     (H)  that the information has come into the public domain through no fault
          of that Party;

     (I)  that the other Party has given prior written approval to such
          disclosure; or

     (J)  disclosed to the extent necessary to seek enforcement of, or to
          defend, the contractual rights or obligations of a Party under this
          Agreement, any Transaction Documents, the IPTLA or other related
          agreements, or to satisfy an obligation or duty under this Agreement.

12.3 If the Purchaser should wish to disclose confidential information to a
     potential Third Party operator of the Plant, it shall first obtain the
     permission of the Supplier as to the information that can be disclosed,
     which permission shall not be unreasonably withheld.

12.4 The restrictions contained in ARTICLE 12.1 shall continue to apply for two
     (2) years (except for the restriction provided in ARTICLE 12.1 (D), which
     shall continue to apply for five (5) years) after (i) the termination of
     this Agreement or (ii) the termination of an individual SUMF Item; provided
     that the two year period shall not apply to disclosures of information
     relating to such SUMF Item made only to an alternative SUMF provider or
     potential alternative SUMF provider on a strictly "need to know basis".

                                      30        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 13: ADDITIONAL SUMF AND CAPITAL IMPROVEMENTS TO SUMF ASSETS

13.1 The Purchaser may submit from time to time to Supplier written requests for
     Supplier to undertake capital improvement projects relating to the supply
     of SUMF Items. Any such request shall specify in reasonable detail the
     capital improvements to be made, any permits that may be required, the
     estimated cost of such capital improvements, any proposed changes to this
     Agreement, and any other relevant information relating to such capital
     improvement project. Supplier agrees that it will consider in good faith
     any such request, but Supplier shall have no obligation to agree to
     undertake any such capital improvement project and may reject any request
     by Purchaser. Supplier shall provide Purchaser a written explanation for a
     rejection. If Supplier agrees to undertake any such capital improvement
     project, Purchaser shall be entitled to receive the additional capacity of
     a SUMF Item generated by such capital improvement and Purchaser shall be
     responsible for all costs associated with such project, without duplication
     of other amounts paid or payable by Purchaser under this Agreement
     including (a) the cost of completing the capital improvements, (b)
     Supplier's costs and expenses incurred in connection with such project, and
     (c) any increased costs of operation suffered by Supplier as a result of
     such project.

     Notwithstanding the foregoing, the Purchaser has the right, provided there
     is no unreasonable disruption to any other of the Supplier's operations, to
     obtain from other sources, including in-house production by the Purchaser,
     such new or additional requirements of the relevant SUMF Item as the
     requested project was to cover.

     Any reasonable costs incurred by the Supplier (not including any additional
     charge for services by persons whose services are included in SUMF Charges
     irrespective of the required evaluation) or affiliates of Supplier in
     evaluating a requested capital improvement project shall be reimbursed to
     the Supplier by the Purchaser; provided that when incurring such costs the
     Supplier has acted on a Commercially Reasonable basis.

13.2 If a capital improvement to a SUMF Asset is required by applicable law or
     HSE regulations solely because of the Purchaser's process, products or by-
     products, the costs directly related to such capital improvement shall be
     borne by the Purchaser.

13.3 If the Purchaser determines and notifies the Supplier, within the first
     twelve months following the Effective Date, that a service has historically
     been supplied by the Supplier but such service is not included in this
     Agreement, the Supplier shall make such service available to the Purchaser
     at a price and on terms mutually agreeable, but following the same concepts
     as to Direct Site Costs, Variable Costs and Infrastructure Charges as set
     forth herein.

                                      31        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 14: DAMAGE TO SUMF ASSETS

14.1 If SUMF Assets are damaged or destroyed, the owner of the SUMF Asset shall
     timely restore such asset as soon as is practical following the damage or
     destruction.

14.2 If the owner does not timely fulfill its obligation to restore the SUMF
     Asset, the other Party may at its discretion take such other reasonable
     measures as are necessary or useful to find an alternative source for any
     relevant SUMF Item or its equivalent for the benefit of all Users on a
     temporary basis until such restoration is complete.

14.3 The Party causing damage to a SUMF Asset as a result of its Gross
     Negligence or Wilful Misconduct shall assume liability for any incremental
     costs of such alternative SUMF Items so that the Users of such SUMF Items
     other than such Party or its Affiliates pay the same amount for such SUMF
     Items during such temporary period as such Users paid prior to the damage
     or destruction of the relevant SUMF Assets.

ARTICLE 15: METERING OF SUPPLY, CONSUMPTION AND DELIVERY

15.1 The quantities of certain SUMF Items supplied hereunder shall be measured
     by a Meter. The Meter shall be installed, owned and operated at the expense
     of the Party indicated in SCHEDULE 2 as the Meter owner. The Meter owner
     shall read the Meter on a regular basis as described in SCHEDULE 2 and
     shall promptly advise the other Party in writing of the reading. Such
     readings shall form the basis for preparing the Supplier's invoices
     pursuant to ARTICLES 5, 6 and 7.

15.2 The Parties acknowledge that the Meters are not normal custody transfer
     meters. The Meter owner shall, at its expense, perform normal maintenance
     procedures to maintain the accuracy of its Meters. Each Meter shall be
     tested for accuracy and calibrated regularly per industry standards as
     specified in SCHEDULE 2 by the Meter owner at its expense. The Meter owner
     shall give the other Party a written schedule of calibration test times,
     and the other Party shall have the right to have its representative present
     to observe each calibration test. If the other Party desires to conduct
     more frequent calibration tests, such Party may request that more frequent
     tests be conducted, in which case the Meter owner will perform or cause to
     be performed such tests at the other Party's expense.

15.3 Following any calibration test made pursuant to this ARTICLE 15, the Meter
     owner at its expense shall restore an inaccurate component to a condition
     of accuracy or replace such component as soon as reasonably practical. If
     the level of inaccuracy exceeds that specified in SCHEDULE 2, the readings
     affected by said component shall be corrected by the amount of the
     inaccuracy for the period which is definitely known to be affected by such
     inaccuracy. If the period is not definitely known and is not mutually
     agreed upon, the correction shall be made for a period one-half of the time
     elapsed between the last prior calibration test and the date the inaccuracy
     is corrected. Adjustments to a previously issued incorrect invoice shall be
     made promptly by the Supplier.

                                      32        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

15.4 The Parties acknowledge that special metering problems may arise which can
     be resolved by procedures other than those described in this ARTICLE 15.
     The Parties may, by mutual consent, establish special procedures for a
     specific problem or accept delivery quantities in a manner not described
     herein.  Mutual consent for acceptance of one special procedure or delivery
     quantity will not set aside the provisions of this ARTICLE 15, nor imply
     acceptance by either Party of any special provision at a future time.

15.5 Should the Supplier or the Purchaser fail to obtain suitable measurement
     results from the Meter, the quantities of SUMF provided during the period
     in question shall be calculated by the other Party in the event that the
     other Party has installed its own check meter and it has been calibrated
     according to this ARTICLE 15 within ninety (90) days of the period in
     question.  In the event that neither Party has obtained suitable
     measurement results, the amount of the relevant SUMF Item supplied in the
     period in question shall be estimated, using the average of delivered
     quantities for a period of time agreed upon by both Parties, or by any
     other means mutually agreed upon by both Parties.  If a Party installs a
     check meter, the other Party shall have the right to have its
     representative at any calibration test of the check meter.  A Party
     installing a check meter shall perform all maintenance and calibration
     tests of the check meter at its own expense, and shall furnish the other
     Party with all readings obtained from the check meter.

15.6 The Parties shall complete promptly the identification of all receipt and
     Delivery Points for the various SUMF Items described in SCHEDULE 2 and all
     drawings related thereto.

15.7 If there is no Meter at a Delivery Point the allocation method set out in
     SCHEDULE 6 shall be used.  The Joint Operating Committee shall have the
     authority to update and/or correct any allocation method, with any updating
     and/or corrections being adjusted prospectively.  Either Party may, at its
     own expense, install a Meter in lieu of allocation.

15.8 Methods for allocating line losses and differences resulting from
     measurement discrepancies shall be set out in SCHEDULE 2 and SCHEDULE 3.

ARTICLE 16: JOINT OPERATING COMMITTEE

16.1 The Supplier and the Purchaser shall jointly establish the Joint Operating
     Committee to review the operation of this Agreement and the supply of SUMF
     hereunder in an effort to ensure the smooth and efficient operation of this
     Agreement.  The structure and role of the Joint Operating Committee is set
     out in SCHEDULE 5.

16.2 Every two (2) years, or as often as either Party may reasonably require,
     the Joint Operating Committee will review the overall effectiveness of this
     Agreement and will discuss possible opportunities for improvement.

ARTICLE 17: MISCELLANEOUS

17.1 Both Parties shall perform their respective duties under this Agreement (i)
     following standards applied by the industry in similar operations and in
     keeping with good industry

                                      33        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     practice and in compliance with applicable law and (ii) in a manner each
     Party reasonably believes to be fair to the other Party.

17.2 The services under this Agreement shall be provided in accordance with
     Shell's HSE and Technical Standards.

17.3 The Parties will keep each other timely informed about planned turnarounds,
     shutdowns, major technical projects, capital expenditures and any other
     major events which in each case are relevant to the supply or cost of any
     SUMF Item and/or the operation of the Purchaser's Property. The Supplier
     shall take such Reasonable Actions within its control so as to minimise the
     impact to the Purchaser of any planned turnaround, shutdown, major
     technical project, capital expenditure and any other major event which may
     adversely impact the supply of any SUMF Item, without prejudice to health,
     safety and environmental standards. The Parties shall keep each other
     timely informed of any adjustments or changes to these plans.

17.4 Purchaser explicitly waives any rights to claim pursuant to this Agreement
     against Shell Nederland B.V. on the basis of the filing by Shell Nederland
     B.V. of a "verklaring van aansprakelijkheid" under Article 2:403 of the
     Dutch Civil Code.

ARTICLE 18: FORCE MAJEURE

18.1 A Party will not be in breach of this Agreement (except for breach of an
     obligation to pay money due and payable under this Agreement) to the
     extent:

     (A)  performance by the Party is delayed or prevented by Force Majeure;

     (B)  the Party claiming relief under this Article promptly notifies the
          other Party of the circumstances giving rise to Force Majeure and
          their anticipated duration; and

     (C)  the Party so claiming relief undertakes to take Reasonable Actions to
          remedy and overcome the cause of such Force Majeure as promptly as
          possible.

18.2 Upon remedying or overcoming the circumstances giving rise to Force
     Majeure, the Party claiming relief under this Article shall promptly notify
     the other Party of the termination of such Force Majeure condition.

18.3 If the Force Majeure in question prevails for a continuous period in excess
     of thirty (30) days after the date on which the Force Majeure begins, the
     Parties shall consult together with a view to determining mutually
     acceptable measures to overcome the difficulties arising therefrom.

18.4 "FORCE MAJEURE" means, in relation to either Party, an event, condition or
     circumstance beyond the reasonable control of that Party and without the
     fault or negligence of the Party claiming Force Majeure which causes a
     delay or disruption in the performance by such Party of any of its
     obligations under this Agreement including, without limitation:-

                                      34        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     (A)  fire, explosion or other disruption, mechanical breakdown, electrical
          shortage or blackout, decline or shortages of supply, and
          circumstances arising out of information technology not being
          millennium compliant; and

     (B)  lock-outs, strikes and other industrial disputes.

     For the avoidance of doubt, the settlement of a labour strike, lockout or
     any other kind of labour dispute is not within the reasonable control of
     the Party affected and the requirements of this Article shall not oblige
     that Party to settle a strike, lockout or other labour dispute on terms
     contrary to its wishes.

ARTICLE 19: DISPUTE RESOLUTION

19.1 Any Dispute arising out of or in connection with this Agreement, excluding
     Invoice Disputes subject to ARTICLE 7.2(H) shall be exclusively processed
     in accordance with this Article.

19.2 In the event of a Dispute, the Parties shall, within ten (10) days of a
     written request by either Party to the other Party, meet in good faith to
     resolve such dispute or differences.

19.3 Any Dispute which cannot be resolved by the Parties shall be submitted to
     the Joint Operating Committee which shall endeavour to amicably resolve the
     Dispute. The Parties shall provide the Joint Operating Committee with such
     information as it reasonably requires to enable it to determine the issues
     relevant to the Dispute.

19.4 Any Dispute which cannot be resolved by the Joint Operating Committee shall
     be submitted to the Steering Committee which shall endeavour to amicably
     resolve the Dispute. The Parties shall provide the Steering Committee with
     such information as it reasonably requires to enable it to determine the
     issues relevant to the Dispute.

19.5 Any Dispute which cannot be resolved by the Steering Committee shall be
     submitted to mediation before a mediator selected by the Steering
     Committee. The Parties shall bear their own costs for mediation and the
     costs of the mediator shall be borne equally. If the Parties are unable to
     select a mediator within fifteen (15) days or if the Dispute is not
     resolved as a result of the mediation within sixty (60) days (or such other
     period as may be agreed by the Parties), either Party may submit the matter
     to arbitration for final, binding and exclusive settlement by three
     arbitrators in accordance with the UNCITRAL Arbitration Rules, with the
     President of the ICC Court of International Arbitration to act as the
     appointing authority, or any other arbitration provided for in SCHEDULE 1,
     such arbitration to be held in the country where the Site is located at the
     place specified in SCHEDULE 1. Any arbitration decision pursuant to this
     ARTICLE 19 shall be final and binding upon the parties and judgment thereon
     may be entered in any court of competent jurisdiction. Costs incurred by
     the Parties in carrying on any arbitration proceeding hereunder (including
     reasonable attorneys' fees and arbitration fees) shall be determined by the
     arbitrator by reference to fault.

                                      35        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

19.6 Pending resolution of any Dispute, the Supplier shall consult with the
     Purchaser with regard to any change to the specification of any SUMF Item
     with which the Dispute is connected.

19.7 Resolution of any Dispute between the Parties involving payment of money by
     one Party to the other shall include payment of interest at the Interest
     Rate.

19.8 Each Party shall, in addition to all rights provided herein or provided by
     law, be entitled to the remedies of specific performance and injunction to
     enforce its rights hereunder.

ARTICLE 20: FURTHER ASSURANCE

20.1 Each Party shall at its own cost, from time to time on request, do or
     procure the doing of all acts and execute or procure the execution of all
     documents in a form satisfactory to the other Party which the other Party
     may reasonably consider necessary for:

     (A)  giving full effect to this Agreement; and

     (B)  securing to the other Party the full benefit of the rights, powers and
          remedies conferred upon the other Party in this Agreement.

ARTICLE 21: COSTS AND EXPENSES

21.1 Save as otherwise stated in this Agreement, each Party shall pay its own
     costs and expenses in relation to the negotiation, execution and carrying
     into effect of this Agreement.

ARTICLE 22: ASSIGNMENT AND DELEGATION

22.1 The Purchaser shall be entitled to assign this Agreement, to any Affiliate
     or to a lender or lenders for security purposes so long as such lender is a
     bona fide financial institution with a business that includes lending money
     and has a net worth in excess of 100,000,000 USD, without the prior written
     consent thereto of the Supplier (and such lender or lenders shall have the
     right (without such prior written consent) to further assign this Agreement
     in connection with the exercise of their rights and remedies pursuant to
     such security agreements). Purchaser shall provide Supplier notice of such
     assignment promptly after any such assignment, but in any event within
     sixty (60) days of such assignment.  Except as provided above in this
     ARTICLE 22.1, any other assignment of the Agreement by the Purchaser to a
     Third Party, shall require the consent of the Supplier, such consent not to
     be unreasonably withheld or delayed.

22.2 The Supplier shall be entitled to assign this Agreement to any Affiliate or
     Third Party without the prior written consent thereto of the Purchaser.

                                      36        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

22.3 Any assignment of this Agreement shall not relieve either Party of any
     obligation or liability incurred hereunder and remaining wholly or
     partially outstanding immediately prior to the time at which the assignment
     is to take effect.

22.4 Each Party agrees to execute and deliver to the other Party and, if
     applicable, its lenders, recognition and estoppel certificates, in form and
     content consistent with ordinary and common practice in transactions of the
     nature of this transaction, which instruments will state the status of this
     Agreement as to whether a default exists and will recognize any Third Party
     rights.

22.5 The Supplier may at its discretion procure from its Affiliates or any Third
     Party certain information, advice, services and SUMF Items which it is
     obliged to render or perform under this Agreement, or may delegate to any
     Affiliate or Third Party the performance of its rights and obligations
     under this Agreement, in order to assist the Supplier in the efficient
     execution of this Agreement provided that the person or company to whom
     delegation is made shall be capable of rendering the services.

ARTICLE 23: SEVERABILITY

23.1 If any of the provisions of this Agreement is or becomes illegal, void or
     unenforceable under the law of any jurisdiction, such provision shall be
     deemed to be deleted from this Agreement and the remaining provisions of
     this Agreement shall remain and continue in full force and effect. In such
     event, this Agreement shall be modified to provide the same benefits and
     burdens (including economic) that would have been provided had this
     provision been deleted.  In the event that the Parties cannot agree on
     modifications, the Dispute shall be resolved pursuant to ARTICLE 19.

23.2 The invalidity of one or more provisions of this Agreement shall not
     affect:

     (A)  the legality, validity or enforceability in that jurisdiction of any
          other provision of this Agreement; or

     (B)  the legality, validity or enforceability under the law of any other
          jurisdiction of that or any other provision of this Agreement.

ARTICLE 24: NO AGENCY OR PARTNERSHIP

24.1 Nothing contained in this Agreement and no actions taken by the Parties
     under this Agreement shall constitute a partnership, joint venture,
     association or other co-operative entity between the Parties or to
     authorise either Party to represent the other or to contract on behalf of
     the other Party.  The Supplier is acting solely as an independent
     contractor and is not an agent of the Purchaser.  The Supplier's provision
     of services and performance of its duties hereunder shall be under the sole
     supervision, control and direction of the Supplier and not the Purchaser.

                                      37        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 25: REMEDIES AND WAIVER

25.1 The delay or failure of either Party at any time in exercising any right,
     power or remedy provided by law or under this agreement shall in no way:

     (A)  affect that right, power or remedy; or

     (B)  operate as a waiver of it.

25.2 The single or partial exercise of any right, power or remedy provided by
     law or under this Agreement shall not preclude any other or further
     exercise of it or the exercise of any other right, power or remedy.

25.3 The rights, powers and remedies provided in this Agreement are cumulative
     and not exclusive of any rights, powers and remedies provided by law.

25.4 The Parties acknowledge that each of them has had adequate opportunity and
     bargaining strength to review, negotiate and revise this Agreement to its
     satisfaction.  They each expressly agree that the normal rule of
     construction to the effect that any ambiguities are to be resolved against
     the drafting Party shall not be employed in the interpretation of this
     Agreement.

ARTICLE 26: ENTIRE AGREEMENT AND VARIATION

26.1 This Agreement constitutes the entire and only agreement between the
     Parties relating to the furnishing of SUMF Items by the Supplier to or for
     the Purchaser at the Site and supersedes any Pre-contractual Statement.

26.2 Each of the Parties acknowledges on its own behalf and on behalf of each of
     its Affiliates that, in agreeing to enter into this Agreement, it has not
     relied on any Pre-contractual Statement or any statement contained in any
     Transaction Document or the IPTLA (except those set out in this Agreement).

26.3 Without limiting any rights under any of the Transaction Documents or the
     IPTLA, each Party waives all rights and remedies which, but for this
     Article, might otherwise be available to it in respect of any such Pre-
     contractual Statement, provided that nothing in this Article shall limit or
     exclude any liability for fraud.

26.4 Any amendment or modification of this Agreement shall be ineffective unless
     reduced to writing and signed by or on behalf of a duly authorised
     representative of each of the Parties.

ARTICLE 27: NOTICES

27.1 All notices, requests, waivers, demands, directions and other
     communications required or permitted to be given under this Agreement shall
     be in writing and in English. This

                                      38        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

     provision shall not prevent communications relating to the operations of
     the Plant from being made in the language spoken in the jurisdiction in
     which the Plant is situated. Notices may be given in electronic form
     (including facsimile transmission and telex communications and e-mail) and
     shall be delivered personally, sent by facsimile transmission, or e-mail,
     sent by nationally recognized overnight courier or mailed by registered or
     certified mail (return receipt requested), postage prepaid, to the other
     Parties at their addresses set forth in the introductory paragraphs of this
     Agreement (or such other address for a Party as shall be specified by like
     notice from such Party to the other Party) and, in the case of the
     Purchaser with copies to:

          Shell Epoxy Resins, Inc.
          1600 Smith Street
          24th Floor
          Houston, Texas 77002
          Attention: President
          Telecopy: (713) 241-5333

          Apollo Management IV, L.P.
          1301 Avenue of the Americas
          New York, New York 10019
          Attention: Scott Kleinman
          Telecopy: (212) 515-3288

     All such notices and other communications shall be deemed to have been
     given and received, (i) in the case of personal delivery, delivery by
     facsimile transmission or e-mail, on the date of delivery, if delivered
     during business hours on a business day or, if not so delivered, the next
     succeeding business day (ii) in the case of delivery by nationally
     recognized overnight courier, on the second business day following dispatch
     and (iii) in the case of mailing, on the fifth business day following such
     mailing.

27.2 A Party may change its notice details on giving notice to the other Party
     of the change in accordance with this ARTICLE 27.  That notice shall only
     be effective on the date falling three (3) clear Business Days after the
     notification has been received or such later date as may be specified in
     the notice. Any notice so delivered will comply with the terms of this
     ARTICLE 27.

ARTICLE 28: GOVERNING LAW

28.1 This Agreement shall be governed by and construed in accordance with the
     laws of England.

28.2 A person who is not a party to this Agreement has no right under the
     Contract (Rights of Third Parties) Act 1999 to enforce any term of this
     Agreement.

                                      39        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

ARTICLE 29: LANGUAGE

29.1 If this Agreement is translated into any language other than the English
     language, the English version of this Agreement shall prevail.

ARTICLE 30: COUNTERPARTS

30.1 This Agreement may be executed in any number of counterparts, and by the
     Parties on separate counterparts, but shall not be effective until each
     Party has executed at least one counterpart.

30.2 Each counterpart shall constitute an original of this Agreement, but all
     the counterparts shall together constitute but one and the same instrument.

                          [INTENTIONALLY LEFT BLANK]

                                      40        PERNIS SNR FORWARD SUMF (RESINS)
<PAGE>

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
                  as of the day and year first above written.

Signed by: Illegible         )
                             )
For and on behalf or         )
SHELL EPOXY RESINS           )
NEDERLAND B.V.               )

Signed by: Illegible         )
                             )
For and on behalf of         )
SHELL NEDERLAND              )
RAFFINADERIJ B.V.            )

                                                PERNIS SNR FORWARD SUMF (RESINS)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}]]