Document:

exhibit 10.41 Koch Second Amendment

    

       

      SECOND
        AMENDMENT TO 

       

       

      ANHYDROUS
        AMMONIA SALES AGREEMENT 

       

       

      THIS
        SECOND AMENDMENT TO ANHYDROUS AMMONIA SALES AGREEMENT (this “Second Amendment”)
        is dated November 3, 2006 and effective July 1, 2006 (the “Effective Date”), by
        and between Koch Nitrogen Company (“KNC”), Koch Nitrogen International Sàrl
        (KNI”) and collectively with KNC, “Koch”) and El Dorado Chemical Company
        (“Buyer”). 

       

       

      W
        I T N E
        S S E T H : 

       

       

      WHEREAS,
        Koch
        and Buyer are parties to that certain Anhydrous Ammonia Sales Agreement dated
        March 9, 2005, as amended by that certain First Amendment to Anhydrous Ammonia
        Sales Agreement effective August 29, 2005 (collectively the “Agreement”), and
        Koch and Buyer mutually desire to further amend the Agreement as hereinafter
        provided. 

       

       

      NOW,
        THEREFORE,
        in
        consideration of the mutual covenants and premises herein set forth and other
        good and valuable consideration, the receipt and sufficiency of which are
        hereby
        acknowledged, the parties hereto agree as follows: 

       

       

      1. DEFINED
        TERMS.
        Capitalized terms used but not defined herein shall have the meaning given
        to
        such terms in the Agreement. 

       

       

      2. TERM.
        Section
        II TERM of the Agreement shall be deleted in its entirety and replaced as
        follows: 

       

       

      “Term
        The term
        of this Agreement (the “Term”) shall commence on 12:01 a.m. central time on
        January 3, 2005 and shall terminate at 11:59 p.m. on December 31, 2008, unless
        terminated earlier in accordance with this Agreement.” 

       

       

      3. PRICE.
        Effective upon the Effective Date, subsections B. and C. of Section VI PRICE
        of
        the Agreement, shall be deleted in their entirety and replaced as follows:
        

       

       

      “B.
        Adder.
        The
        Adder shall be *** per short ton. However if the Ammonia Pipeline Transportation
        Charge is modified as set forth in Section VI C. of the Agreement, the parties
        agree to modify the Adder as set forth in Section VI C.” 

       

       

      
      

       

       

      “C.
        
Ammonia
        Pipeline Transportation Charge
.
        The
        Ammonia Pipeline Transportation Charge per short ton shall be *** per short
        ton
        from Taft, Louisiana or Sterlington, Louisiana to the Delivery Point for
        pipeline deliveries. In the event the Ammonia Pipeline Tariff rate changes
        for
        Taft, Louisiana, then the Ammonia Pipeline Transportation Charge for both
        injection points shall be changed to the revised Ammonia Pipeline Tariff
        rate as
        published for Taft, Louisiana. Notwithstanding the foregoing, starting January
        1, 2007, for the first increase of the Ammonia Pipeline Transportation Charge
        in
        each calendar year of the Term, Seller will, up to a maximum

       

       

      1
        

       

       

      PORTIONS
        OF THIS DOCUMENT HAVE BEEN OMITTED FROM THIS PUBLIC FILING PURSUANT TO A
        REQUEST
        BY THE COMPANY FOR CONFIDENTIAL TREATMENT BY THE SECURITIES AND EXCHANGE
        COMMISSION. THE OMITTED INFORMATION HAS BEEN FILED SEPARATELY WITH THE SECRETARY
        OF THE SECURITIES AND EXCHANGE COMMISSION FOR PURPOSES OF SUCH
        REQUEST. 

       

       

      ***INDICATES
        CERTAIN INFORMATION IN THIS DOCUMENT WHICH HAS BEEN OMITTED FROM THIS PUBLIC
        FILING PURSUANT TO A REQUEST BY THE COMPANY FOR CONFIDENTIAL TREATMENT BY
        THE
        SECURITIES AND EXCHANGE COMMISSION. THE OMITTED INFORMATION HAS BEEN FILED
        SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION FOR
        PURPOSES OF SUCH REQUEST. 

       

       

      

       

       

      of
        ***,
        decrease the amount of the Adder by an amount equal to one-half (1/2) of
        the
        total increase in the Ammonia Pipeline Transportation Charge. For any other
        increases of the Ammonia Pipeline Transportation Charge in the same calendar
        year, the Adder shall not be changed.” 

       

       

      
      

       

       

      4. RATIFICATION
        OF AGREEMENT.
        Except
        as expressly amended herein, the terms, covenants and conditions of the
        Agreement shall remain in full force and effect without modification or
        amendment, and the parties hereto ratify and reaffirm the same in its entirety.
        

       

       

      5. MISCELLANEOUS.
        This
        Second Amendment shall be governed by and construed in accordance with the
        laws
        of the State of Kansas, without regard to the conflicts of laws principles.
        In
        the event that the terms of the Agreement conflict or are inconsistent with
        those of this Second Amendment, the terms of this Second Amendment shall
        govern.
        The provisions of this Second Amendment shall be binding upon, and shall
        inure
        to the benefit of, the parties hereto and each of their respective
        representatives, successors, and assigns. This Second Amendment may be executed
        in counterparts, each of which shall be deemed an original and all of which
        together shall constitute one and the same agreement. 

       

       

      
      

       

       

      2
        

       

       

      ***INDICATES
        CERTAIN INFORMATION IN THIS DOCUMENT WHICH HAS BEEN OMITTED FROM THIS PUBLIC
        FILING PURSUANT TO A REQUEST BY THE COMPANY FOR CONFIDENTIAL TREATMENT BY
        THE
        SECURITIES AND EXCHANGE COMMISSION. THE OMITTED INFORMATION HAS BEEN FILED
        SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION FOR
        PURPOSES OF SUCH REQUEST. 

       

       

      

       

       

      IN
        WITNESS WHEREOF, the
        parties have caused this Second Amendment to be executed on the day and year
        first written above and effective on the Effective Date. 

       

       

      KOCH
        NITROGEN COMPANY 

       

       

      By:___________________________________________
        

       

       

      Name:________________________________________
        

       

       

      Title:_________________________________________
        

       

       

      KOCH
        NITROGEN INTERNATIONAL 

       

       

      SÀRL 

       

       

      By:__________________________________________
        

       

       

      Name:________________________________________
        

       

       

      Title:_________________________________________
        

       

       

      EL
        DORADO
        CHEMICAL COMPANY 

       

       

      By:__________________________________________
        

       

       

      Name:________________________________________
        

       

       

      Title:_________________________________________Exhibit 10.1

    EXHIBIT
      10.1

    

    URS
      CORPORATION

    

    2007
      Annual Incentive Compensation Plan Summary

    

    

    
      	I.             	
              Plan
                Objectives

            

    

     

    The
      URS
      Corporation Annual Incentive Compensation Plan (the "Plan") is intended to
      provide rewards to individuals who make a significant contribution to the
      financial performance of URS Corporation and its URS Division and EG&G
      Division (collectively, the "Company") during each fiscal year (a "Plan Year").
      Among other things, the Plan is intended to:

    

    
      	¡±         	
              Help
                key employees to focus on achieving specific financial
                targets;

            

    

    

    
      	¡±         	
              Reinforce
                teamwork;

            

    

    

    
      	¡±         	
              Provide
                significant award potential for achieving outstanding performance;
                and

            

    

    

    
      	¡±         	
              Enhance
                the Company's ability to attract and retain highly talented and competent
                people.

            

    

    

    
      	II.          
               	
              General
                Plan Description

            

    

     

            A.  Eligibility

     

    The
      Plan
      provides an opportunity for employees to earn cash awards based on achievement
      of Company and individual performance objectives during a Plan Year. Eligible
      participants are classified in one of two categories:

    

    
      	 	
              1.

            	
              "Designated
                Participants" are key employees who have the potential to significantly
                impact the Company's success; or

            

    

    

    
      	 	
              2.

            	
              "Non-designated
                Participants" are employees who demonstrate outstanding individual
                effort
                and results during the year. Awards to this group of employees are
                paid
                from a discretionary bonus pool.

            

    

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    Except
      as
      noted herein, to be eligible to receive an award under the Plan, participants
      must be employed by the Company at the end of the Plan Year. However, if the
      employment of a Designated Participant is terminated prior to the end of a
      Plan
      Year due to death, permanent disability or retirement, other than the retirement
      of a Covered Employee (as defined in the Plan), the Designated Participant
      (or
      their heirs in the case of death) will be eligible to receive a pro-rata award
      based on the time the Designated Participant was employed by the Company and
      the
      performance objectives achieved. If a Designated Participant's employment is
      terminated for any other reason prior to the end of a Plan Year (whether
      voluntary or involuntary), the Designated Participant will not receive an award.
      New hires (employees who join the Company during the Plan Year) who are
      identified as Designated Participants must have at least three months of service
      and be employed by the Company at the end of a Plan Year to be eligible to
      receive a pro-rata award based on the time the Designated Participant was
      employed by the Company and the performance objectives achieved. Notwithstanding
      the foregoing, the terms of a Designated Participant's employment agreement
      will
      supersede the terms and conditions of the Plan.

     

    
      	B.    
                	
              Performance
                Objectives 

            

    

     

    Each
      Plan
      Year, the Compensation Committee of the Board of Directors (the "Committee")
      establishes specific performance objectives for the Company and for Designated
      Participants, including weightings of the performance objectives, by the
      business unit or units in which the Designated Participant is expected to have
      the most direct impact. The performance objectives may be based on any one,
      all
      or a combination of the following (each as defined in the Plan): 

    

    1. Net
      Income;

     

    2. Contribution;

     

    3. Average
      Day Sales Outstanding; 

     

    4. Revenues;
      and/or

     

    5. New
      Sales.

     

    In
      addition, the Committee has the discretion to adjust the performance objectives
      by including or excluding the following events that may occur during a Plan
      Year
      and that are objectively determinable and unrelated to the achievement of the
      performance objectives:

    

    
      	 	
              1.

            	
              Effects
                of changes in U.S. tax laws, generally accepted accounting principles
                or
                other laws or provisions affecting the Company's reported financial
                results; 

            

    

    

    
      	2.           
               	
              Extraordinary
                non-recurring items as described in Accounting Principles Board Opinion
                No. 30 and/or in Management's Discussion and Analysis of Financial
                Condition and Results of Operations appearing in the Company's annual
                report to stockholders for a Plan Year;
                and

            

    

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
      	 	
              3.

            	 	
              Effects
                of changes in capital structure, such as stock offering, debt offering
                and
                debt restructure.

            

    

     

    
      
      

    

    
      	
              C.    
                   

            	
              Target
                Bonus Pool

            

    

     

    Each
      Plan
      Year, the Committee identifies a target bonus pool as part of the Company's
      financial planning process. The target bonus pool is the sum of all anticipated
      awards for Designated Participants and Non-designated Participants. The actual
      bonus pool may vary from the target bonus pool depending on the Company's actual
      performance against the performance objectives established for a Plan Year.
      

     

    
      	D.   
                  	
              Target
                Bonus Percentage

            

    

     

    Each
      Plan
      Year, the Committee assigns each Designated Participant a target bonus
      percentage, expressed as a percentage of salary, based on his or her anticipated
      contributions to the Company. 

    

    
      	III.          	
              2007
                Plan Year

            

    

     

    
      	A.    
                 	
              Performance
                Objectives

            

    

     

    For
      the
      2007 Plan Year, the Committee established as a prerequisite to all bonus
      payments under the Plan that URS Corporation meets a minimum Net Income
      threshold. In addition, the Committee established business unit performance
      objectives and individual performance objectives for Designated Participants,
      including weightings of the performance objectives, by the business unit where
      the Designated Participant is expected to have the most direct impact as
      follows:

    
      	 	 	 
	
              Name

            	
              Primary
                Performance Objective

            	
              Weight

            
	
              URS
                Corporation

            	
              Net
                Income

            	
              100%

            
	
              URS
                Division

            	
              URS
                Division Profit Contribution 

            	
              100%

            
	
              EG&G
                Division

            	
              EG&G
                Division Profit Contribution 

            	
              100%

            
	 	 	 

    

    In
      addition, for Designated Participants in the URS Division and the EG&G
      Division, the Committee has established secondary individual performance
      objectives consisting of Average Day Sales Outstanding, Safety Record, Revenues
      and New Sales.

     

    
      	B.    
                 	
              Target
                Bonus Pool

            

    

     

    For
      the
      2007 Plan Year, the Committee established a target bonus pool which will be
      funded based on achievement of the Company performance objectives as follows:
      

    
      
         

        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    

    
      	
              Performance
                Results

            	
              2007
                Award Pool Funding

            
	
              110%,
                115% or 120% of Performance Objective, depending on the specific
                Performance Objective

            	
              200%

            
	
              100%
                of Performance Objective

            	
              100%

            
	
              90%
                of Performance Objective

            	
              0%

            
	 	 

    

    
      	C.     
                	
              Target
                Bonus Percentage

            

    

     

    For
      the
      2007 Plan Year, the Committee has established the following target bonus
      percentages for the Company's executive officers:

     

    
      	
              Name

            	
              2007
                Target Bonus Percentage

              (as
                a percentage of salary)

            
	
              Martin
                M. Koffel

            	
              125%

            
	
              H.
                Thomas Hicks

            	
              75%

            
	
              Thomas
                W. Bishop

            	
              60%

            
	
              Reed
                N. Brimhall

            	
              60%

            
	
              Gary
                V. Jandegian

            	
              75%

            
	
              Joseph
                Masters

            	
              65%

            
	
              Randall
                A. Wotring

            	
              75%

            
	
              Susan
                B. Kilgannon

            	
              40%

            

    

    

    
      	IV.          	
              Determination
                of Awards

            

    

     

    Awards
      to
      Designated Participants will be dependent upon satisfying one or more of the
      following criteria: (1) the Company achieving its Net Income threshold; (2)
      the
      Division achieving its minimum contribution threshold; and (3) the Designated
      Participant achieving his/her individual performance goal(s). A Designated
      Participant's award will be calculated based on the percent of his/her
      performance goal(s) achieved, multiplied by his/her target bonus percentage
      and
      by his/her base salary earned during the Plan Year. Determinations of awards
      to
      Non-designated Participants (from the discretionary pool) will be made by the
      CEO at the end of a Plan Year. 

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    
      	V.           	
              Other
                Plan Provisions

            

    

     

    
      	A.        	
              Payment
                of Awards

            

    

     

    Assessment
      of actual performance and payout of awards will be subject to completion of
      the
      Company's fiscal year-end independent audit and certification by the Committee
      that the applicable performance objectives and other material terms of the
      Plan
      have been met.

    

    The
      actual award earned will be paid to Designated Participants (or the Designated
      Participant's heirs in the case of death) in cash within 30 days following
      completion of both the independent audit and the above-referenced certification
      by the Committee. Payroll and other taxes will be withheld as required by
      law.

    

    
      	B.     
                	
              Plan
                Accrual

            

    

     

    Estimated
      payouts for the Plan will accrue monthly during each Plan Year. At the end
      of
      each fiscal quarter, the estimated actual awards for the Plan Year will be
      evaluated based on actual performance to date and the monthly accrual rate
      will
      be adjusted so that the cost of the Plan is fully accrued at Plan Year-end.
      Accrual of estimated payouts does not imply vesting of any individual awards
      to
      Designated Participants.

    

    
      	C.        	
              Administration

            

    

     

    The
      Plan
      will be administered by the Committee and the CEO. The Committee may, without
      notice, amend, suspend or revoke the Plan at any time.

    

    
      	D. 
                    	
              Assignment
                of Employee Rights

            

    

     

    No
      employee has a claim or right to be a participant, to continue as a participant
      or to be granted an award under the Plan. Participation in the Plan does not
      give an employee the right to be retained in the employment of the Company
      or
      its affiliates, nor does it imply or confer any other employment
      rights.

    

    Nothing
      contained in the Plan shall be construed to create a contract of employment
      with
      any participant. The Company and its affiliates reserve the right to elect
      any
      person to its offices and to remove any employees in any manner and upon any
      basis permitted by law. 

     

    Nothing
      contained in the Plan shall be deemed to require the Company or its affiliates
      to deposit, invest or set aside amounts for the payment of any awards.
      Participation in the Plan does not give a participant any ownership, security
      or
      other rights in any assets of the Company or any of its affiliates.

    

    
      	E.     
                 	
              Validity

            

    

     

    In
      the
      event that any provision of the Plan is held invalid, void or unenforceable,
      such provision shall not affect, in any respect, the validity of any other
      provision of the Plan.

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    
      	F.        	
              Governing
                Law

            

    

     

    The
      Plan
      will be governed by, and construed in accordance with, the laws of the State
      of
      California.  

     

    
      
        
        

      

      
        6

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