Document:

SCHEDULE I
                       Commitments and Pro Rata Shares

                   Facility A Revolving Loans Commitments

  Bank                             Commitment               Pro Rata Share
  Bank of America, N.A.         $  4,509,742.31             18.91891894%

  LaSalle Bank National
  Association                   $  3,865,493.40             16.21621621%

*  Union Bank of California     $  3,221,244.50             13.51351351%

  Firstar Bank                  $  3,221,244.50             13.51351351%

  Wells Fargo Bank              $  3,221,244.50             13.51351351%

  The Northern Trust Company    $  0.0                       0.00000000%

*  KeyBank                      $  1,932,746.70              8.10810811%

*  Union Planters Bank          $  1,932,746.70              8.10810811%

  U.S. Bank                     $  1,932,746.70              8.10810811%
  __________________________________________________________________________

  TOTAL                         $ 23,837,209.31            100.00000000%

*   Banks indicated by an asterisk elected not to participate in the Facility
   A revolving loan commitment.EXECUTION COPY

                                MASTER AGREEMENT
                             REGARDING AMENDMENTS TO
                    THE AMALGAMATED SUGAR COMPANY DOCUMENTS

         This Master  Agreement  Regarding  Amendments to The Amalgamated  Sugar
Company  Documents  (this "Master  Agreement") is dated October 19, 2000, and is
made by and  among  The  Amalgamated  Sugar  Company  LLC,  a  Delaware  limited
liability company (the "LLC"),  Snake River Sugar Company, an Oregon cooperative
corporation ("SRSC"), Valhi, Inc., a Delaware corporation ("Valhi"), Amalgamated
Collateral Trust, a Delaware business trust (the "SPT"),  ASC Holdings,  Inc., a
Utah  corporation  ("ASC"),  First  Security  Bank,  National  Association,   as
Collateral  Agent  under  that  certain  Collateral  Agency  and  Paying  Agency
Agreement  dated  as  of  May  14,  1997  ("FSB"),   the  holders  (the  "Senior
Noteholders")  of SRSC's  10.80%  Senior  Notes due April 30, 2009 (the  "Senior
Notes")  and U.S.  Bank  National  Association  ("U.S.  Bank"),  as agent of the
Working  Capital  Agreement  dated as of  January  3, 1997 among the LLC and the
banks named therein, as amended.

                             PRELIMINARY STATEMENTS

         Each of the parties to this Master Agreement is also a party to some or
all of various documents related to the formation of or borrowings by the LLC or
the affiliates of the LLC. The parties to this Master  Agreement have determined
that  it  is  in  their   respective   best  interests  to  make   comprehensive
modifications to those documents.

         THEREFORE,  the  parties  hereto  have agreed to enter into each of the
following documents to which they are a party (collectively,  the "Agreements"),
which Agreements are to become effective contemporaneously:

         (a) The Third Amendment to Company  Agreement,  dated October 19, 2000,
by and between the SPT,  SRSC and the LLC, and  acknowledged  by FSB, the Senior
Noteholders and U.S. Bank, which shall be in the form of Exhibit A hereto;

         (b) That certain Third Amendment to Subordinated Loan Agreement,  dated
October 19, 2000, by and between SRSC and Valhi and  acknowledged by FSB and the
Senior Noteholders, which shall be in the form of Exhibit B hereto;

         (c) The  Contingent  Subordinate  Pledge  Agreement,  dated October 19,
2000,  by and among  SRSC and  Valhi,  and  acknowledged  by FSB and the  Senior
Noteholders, which shall be in the form of Exhibit C hereto;

         (d) The Contingent  Subordinate  Security Agreement,  dated October 19,
2000,  by and among  SRSC and  Valhi,  and  acknowledged  by FSB and the  Senior
Noteholders, which shall be in the form of Exhibit D hereto;

         (e) The  Contingent  Subordinate  Collateral  Agency and Paying  Agency
Agreement,  dated  October  19,  2000,  by and between  SRSC,  Valhi and FSB and
acknowledged by the Senior Noteholders,  which shall be in the form of Exhibit E
hereto;

         (f) The First  Amendment to Voting  Rights and  Forbearance  Agreement,
dated October 19, 2000,  by and among the SPT, ASC and FSB, and as  acknowledged
by the LLC, which shall be in the form of Exhibit F hereto;

         (g) The First Amendment to Option  Agreements,  dated October 19, 2000,
by and among SRSC, Valhi and the Senior Noteholders,  which shall be in the form
of Exhibit G hereto;

         (h) The Second Amendment to Note Purchase Agreements, dated October 19,
2000, by and between SRSC and the Senior Noteholders, which shall be in the form
of Exhibit H hereto;

         (i) The First Amendment to the  Distributable  Cash Collateral  Account
Agreement dated October 19, 2000, by and between SRSC and FSB, which shall be in
the form of Exhibit I hereto; and

         (j) The First  Amendment to the  Subordination  Agreement dated October
19,  2000,  by and  between  SRSC  and  Valhi,  and as  accepted  by the  Senior
Noteholders and FSB, which shall be in the form of Exhibit J hereto.

         NOW,  THEREFORE,  in  consideration of the foregoing and for other good
and sufficient consideration,  the receipt of which is hereby acknowledged,  the
parties hereto agree as follows:

1.       The  execution  and  delivery  of all of the  Agreements  by each party
         thereto  shall be  considered  a  condition  precedent  to the  initial
         effectiveness of each and every Agreement.

2.       Delivery  of  executed  Agreements  shall be made to each party to this
         Master Agreement at the address shown following such party's  signature
         below.

         WITNESS  WHEREOF,  the parties have caused this Master  Agreement to be
executed by their duly authorized representatives as of October 19, 2000.

              [The remainder of this page intentionally left blank]

<PAGE>

                                         THE  AMALGAMATED  SUGAR  COMPANY  LLC,
                                          a  Delaware  limited  liability
                                          company

                                         By:/s/ David L. Budge
                                         ---------------------------------------
                                         Name:
                                         ---------------------------------------
                                         Its:
                                         ---------------------------------------

                                Address: The Amalgamated Sugar Company LLC
                                         c/o Snake River Sugar Company
                                         2427 Lincoln Avenue, P.O. Box 1520
                                         Ogden, Utah 84402
                              Attention:
                                         ---------------------------------------

                                         SNAKE RIVER SUGAR COMPANY,
                                          an Oregon cooperative corporation

                                         By:/s/ Lawrence L. Corry
                                         ---------------------------------------
                                         Name:
                                         ---------------------------------------
                                         Its:
                                         ---------------------------------------

                         Address:        Snake River Sugar Company
                                         2427 Lincoln Avenue, P.O. Box 1520
                                         Ogden, Utah 84402
                         Attention:
                                         ---------------------------------------

<PAGE>

                                            VALHI, INC., a Delaware corporation

                                            By:/s/ Steven L. Watson
                                               ---------------------------------
                                            Name:
                                               ---------------------------------
                                            Its:
                                               ---------------------------------

                                   Address: Valhi, Inc.
                                            Three Lincoln Centre
                                            5430 LBJ Freeway, Suite 1700
                                            Dallas, Texas 75240-2697
                                            Attention: General Counsel

                                            AMALGAMATED COLLATERAL TRUST,
                                             a Delaware business trust

                                   By:      ASC HOLDINGS, INC., as Company
                                             Trustee

                                            By:/s/ Steven L. Watson
                                            ------------------------------------
                                            Name:
                                            ------------------------------------
                                            Its:
                                            ------------------------------------

                                   Address: Amalgamated Collateral Trust
                                            c/o Valhi, Inc.
                                            Three Lincoln Centre
                                            5430 LBJ Freeway, Suite 1700
                                            Dallas, Texas 75240-2697
                                            Attention: General Counsel

<PAGE>

                                         ASC HOLDINGS, INC., a Utah corporation

                                         By:/s/ Steven L. Watson
                                                --------------------------------
                                         Name:
                                                --------------------------------
                                         Its:
                                                --------------------------------

                                Address: ASC Holdings, Inc.
                                         c/o Valhi, Inc.
                                         Three Lincoln Centre
                                         5430 LBJ Freeway, Suite 1700
                                         Dallas, Texas 75240-2697
                                         Attention: General Counsel

                                         FIRST   SECURITY   BANK,    NATIONAL
                                          ASSOCIATION,   as  Collateral  Agent
                                          under that certain Collateral Agency
                                          Agreement dated as of May 14, 1997

                                          By:/s/ C. Scott Nielsen
                                               ---------------------------------
                                            Name:
                                                 -------------------------------
                                            Its:
                                                --------------------------------

                                          Address: First Security Bank,
                                                    National Association
                                                   79 South Main Street
                                                   Corporate Trust  Department
                                                   Salt Lake City, Utah 8411
                                          Attention:
                                          --------------------------------------

<PAGE>

                                     THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

                                     By:/s/ Joseph Alouf
                                     -------------------------------------------
                                     Name:
                                     -------------------------------------------
                                     Its:
                                     -------------------------------------------

                                     Address:
                                     -------------------------------------------
                                     Attention:
                                     -------------------------------------------

                                     CONNECTICUT GENERAL LIFE INSURANCE COMPANY

                                     By:  CIGNA INVESTMENTS, INC.

                                     By:/s/ Stephen H. Wilson
                                        ----------------------------------------
                                     Name:
                                        ----------------------------------------
                                     Its:
                                        ----------------------------------------

                                            Address:
                                        ----------------------------------------
                                     Attention:
                                        ----------------------------------------

<PAGE>

                                       LIFE INSURANCE COMPANY OF NORTH AMERICA

                                       By:  CIGNA INVESTMENTS, INC.

                                       By:/s/ Stephen H. Wilson
                                       -----------------------------------------
                                       Name:
                                       -----------------------------------------
                                       Its:
                                       -----------------------------------------

                                       Address:
                                       -----------------------------------------
                                       Attention:
                                       -----------------------------------------

                                       MINNESOTA LIFE INSURANCE COMPANY

                                      By: Advantus Capital Management, INc.

                                      By:/s/ Annette Masterson
                                      ------------------------------------------
                                      Name:
                                      ------------------------------------------
                                      Its:
                                      ------------------------------------------

                                      Address:
                                      ------------------------------------------
                                      Attention:
                                      ------------------------------------------

<PAGE>

                                      THE LINCOLN NATIONAL LIFE INSURANCE
                                        COMPANY

                                      By: LINCOLN INVESTMENT MANAGEMENT, INC.
                                      Its Attorney-in-Fact

                                      By:/s/ Annette M. Teders
                                      ------------------------------------------
                                      Its:
                                      ------------------------------------------

                                      Address:
                                      ------------------------------------------
                                      Attention:
                                      ------------------------------------------

                                      LINCOLN LIFE & ANNUITY COMPANY
                                       OF NEW YORK

                                      By: LINCOLN INVESTMENT MANAGEMENT, INC.
                                          Its Attorney-in-Fact

                                      By:/s/ Annette M. Teders
                                      ------------------------------------------
                                      Its:
                                      ------------------------------------------

                                      Address:
                                      ------------------------------------------
                                      Attention:
                                      ------------------------------------------

<PAGE>

                                      U.S. BANK NATIONAL ASSOCIATION, as agent
                                       under that certain  Working Capital
                                       Agreement  dated as of  January  3,
                                       1997, as amended.

                                      By:/s/ Janice T. Thede
                                      ------------------------------------------
                                      Name:
                                      ------------------------------------------
                                      Its:
                                      ------------------------------------------

                                      Address:
                                      ------------------------------------------
                                      Attention:
                                      ------------------------------------------

<PAGE>

                                    EXHIBIT A

                    The Third Amendment to Company Agreement

<PAGE>

                                    EXHIBIT B

                 Third Amendment to Subordinated Loan Agreement

<PAGE>

                                    EXHIBIT C

                   The Contingent Subordinate Pledge Agreement

<PAGE>

                                    EXHIBIT D

                  The Contingent Subordinate Security Agreement

<PAGE>

                                    EXHIBIT E

    The Contingent Subordinate Collateral Agency and Paying Agency Agreement

<PAGE>

                                    EXHIBIT F

         The First Amendment to Voting Rights and Forbearance Agreement

<PAGE>

                                    EXHIBIT G

                     The First Amendment to Option Agreement

<PAGE>

                                    EXHIBIT H

                  Second Amendment to Note Purchase Agreements

<PAGE>

                                    EXHIBIT I

       First Amendment to Distributable Cash Collateral Account Agreement

<PAGE>

                                    EXHIBIT J

                   First Amendment to Subordination Agreement

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