Document:

<PAGE>

                                                                   Exhibit 10.18

                                               MANAGEMENT
                                         CONSULTING AGREEMENT dated as
                                         of November 14, 2000, between
                                         RESOLUTION PERFORMANCE
                                         PRODUCTS LLC, a Delaware corporation
                                         (the "Company"), and
                                               -------
                                         APOLLO MANAGEMENT IV, L.P., a Delaware
                                         limited partnership ("Apollo").
                                                               ------

          The Company desires to avail itself of Apollo's expertise and
consequently has requested Apollo to make such expertise available from time to
time in rendering certain management consulting and advisory services related to
the business and affairs of the Company and its respective subsidiaries and
affiliates and the review and analysis of certain financial and other
transactions. Apollo and the Company agree that it is in their respective best
interests to enter into this Agreement whereby, for the consideration specified
herein, Apollo has provided and shall provide such services as independent
consultant to the Company.

          NOW, THEREFORE, in consideration of the mutual covenants hereinafter
set forth, the Company and Apollo agree as follows:

          SECTION 1.          RETENTION OF APOLLO.
                              -------------------

          The Company hereby retains Apollo, and Apollo accepts such retention,
upon the terms and conditions set forth in this Agreement.

          SECTION 2.          TERM.
                              ----

          This Agreement shall commence on the date hereof and, unless otherwise
extended pursuant to the final sentence of this Section 2, shall terminate on
the tenth anniversary of the date hereof (the "Term"). Upon the fifth
                                               ----
anniversary of the date hereof, and at the end of each year thereafter (each of
such fifth anniversary and the end of each year thereafter being a "Year End"),
                                                                    --------
the Term shall automatically be extended for an additional year unless notice to
the contrary is given by either party at least 30, but no more than 60, days
prior to such Year End, as applicable.

          SECTION 3.          MANAGEMENT CONSULTING SERVICES.
                              ------------------------------

               (a)  Apollo shall advise the Company concerning such management
matters that relate to proposed financial transactions, acquisitions and other
senior management matters related to the business, administration and policies
of the Company and its subsidiaries and affiliates, in each case as the Company
shall reasonably and specifically request by way of written notice to Apollo,
which notice shall specify the
<PAGE>

services required of Apollo and shall include all background material necessary
for Apollo to complete such services. Apollo shall devote such time to any such
written request as Apollo shall deem, in its discretion, necessary. Such
consulting services, in Apollo's discretion, shall be rendered in person or by
telephone or other communication. Apollo shall have no obligation to the Company
as to the manner and time of rendering its services hereunder, and the Company
shall not have any right to dictate or direct the details of the services
rendered hereunder.

               (b)  The Company acknowledges and agrees that Apollo (i) has
structured the recapitalization and the other transactions contemplated by the
Master Sale Agreement dated as of July 10, 2000, as amended (the "MSA"), among
                                                                  ---
Shell Oil Company, Shell Epoxy Resins Inc., and the Company, (ii) has arranged
for financing in connection with the recapitalization, and (iii) has provided
other services in connection with the transactions contemplated by the MSA.
Apollo agrees to continue to provide services to the Company in connection with
the consummation of the transactions contemplated by the MSA and each of the
documents referred to therein.

               (c)  Apollo shall perform all services to be provided hereunder
as an independent contractor to the Company and not as an employee, agent or
representative of the Company. Apollo shall have no authority to act for or to
bind the Company, without its prior written consent.

               (d)  This Agreement shall in no way prohibit Apollo or any of its
partners or Affiliates or any director, officer, partner or employee of Apollo
or any of its partners or Affiliates from engaging in other activities, whether
or not competitive with any business of the Company or any of its respective
subsidiaries or affiliates.

          SECTION 4.          COMPENSATION.
                              ------------

                As consideration for Apollo's agreement to render the services
set forth in Section 3(a) of this Agreement and as compensation for any such
services rendered by Apollo, the Company agrees to pay to Apollo an annual fee
of $1,000,000.00, payable in equal quarterly installments of $250,000.00 each on
the first day of each fiscal quarter (or, if such date is not a business day, on
the next business day thereafter).

                As consideration for services rendered and Apollo's agreement to
render services as set forth in Section 3(b), the Company agrees to pay to
Apollo a fee of $5,000,000.00, which shall be earned upon consummation of the
transactions contemplated by the MSA.

                Upon presentation by Apollo to the Company of such documentation
as may be reasonably requested by the Company, the Company shall reimburse
Apollo for all out-of-pocket expenses, including, without limitation, legal fees
and expenses, and other disbursements incurred by Apollo, its Affiliates or any
of its Affiliates' directors, officers, employees or agents in the performance
of Apollo's obligations hereunder, whether incurred on or prior to the date
hereof, including, without
<PAGE>

limitation, out-of-pocket expenses incurred in connection with the transactions
contemplated by the MSA and each of the documents referred to therein.

          Nothing in this Agreement shall have the effect of prohibiting Apollo
or any of its Affiliates from receiving from the Company or any of its
subsidiaries or Affiliates any other fees, including any fee payable pursuant to
Section 6.

          Reference is made to the Credit Agreement to be entered into at or
prior to the consummation of the transactions contemplated by the MSA (as
amended, restated, modified or supplemented and in effect from time to time, the
"Credit Agreement"), among the Company, Resolution Performance Products Inc.,
 ----------------
RPP Capital Corporation, Resolution Nederland B.V., Salomon Smith Barney Inc.,
Morgan Guaranty Trust Company of New York, and Morgan Stanley Senior Funding,
Inc. Any portion of the fees payable to Apollo under this Agreement which the
Company is prohibited from paying to Apollo under the Credit Agreement, shall be
deferred, shall accrue and shall be payable at the earliest time permitted under
the Credit Agreement or upon the payment in full of all obligations under the
Credit Agreement. The Company shall notify Apollo if the Company shall be unable
to pay any fees pursuant to the Credit Agreement on each date on which the
Company would otherwise make a payment of fees under this Agreement to Apollo.

          SECTION 5.          INDEMNIFICATION.
                              ---------------

          The Company agrees that it shall indemnify and hold harmless Apollo,
its Affiliates and its Affiliates' directors, officers, employees and agents
(collectively, the "Indemnified Persons") on demand from and against any and all
                    -------------------
liabilities, costs, expenses and disbursements (collectively, "Claims") of any
                                                               ------
kind with respect to or arising from this Agreement or the performance by any
Indemnified Person of any services in connection herewith. Notwithstanding the
foregoing provision, the Company shall not be liable for any Claim under this
Section 5 arising from the willful misconduct of any Indemnified Person.

          SECTION 6.          OTHER SERVICES.
                              --------------

          If the Company shall determine that it is advisable for the Company to
hire a financial advisor, consultant, investment banker or any similar agent in
connection with any merger, acquisition, disposition, recapitalization, issuance
of securities, financing or any similar transaction, it shall notify Apollo of
such determination in writing. Promptly thereafter, upon the request of Apollo,
the parties shall negotiate in good faith to agree upon appropriate services,
compensation and indemnification for the Company to hire Apollo or its
Affiliates for such services. The Company may not hire any person, other than
Apollo or its Affiliates, for any services, unless (a) the parties are unable to
agree after 30 days following receipt by Apollo of such written notice, (b) such
other person has a reputation that is at least equal to the reputation of Apollo
in respect of such services, (c) ten business days shall have elapsed after the
Company provides a written notice to Apollo of its intention to hire such other
person, which notice shall identify such other person and shall describe in
reasonable detail the nature of the
<PAGE>

services to be provided, the compensation to be paid and the indemnification to
be provided and (d) the compensation to be paid is not more than Apollo was
willing to accept in the negotiations described above, and (e) the
indemnification to be provided is not more favorable to the Company than the
indemnification that Apollo was willing to accept in the negotiations described
above. In the absence of an express agreement to the contrary, at the closing of
any merger, acquisition or similar transaction, Apollo shall receive a fee equal
to 1% of the aggregate enterprise value paid or provided by the Company
(including the aggregate value of (x) equity securities, warrants, rights and
options acquired or retained, (y) indebtedness acquired, assumed or refinanced
and (z) any other consideration or compensation paid in connection with such
transaction).

          SECTION 7.          NOTICES.
                              -------

          All notices, requests, consents and other communications hereunder
shall be in writing and shall be deemed sufficient if personally delivered, sent
by nationally-recognized overnight courier, by telecopy, or by registered or
certified mail, return receipt requested and postage prepaid, addressed as
follows:

          if to Apollo, to:

                  Apollo Investment Fund IV, L.P.
                  1301 Avenue of the Americas
                  38th Floor
                  New York, New York  10019
                  Attention: Mr. Josh Harris
                  Telecopier: (212) 261-4102;

          if to the Company:

                  Resolution Performance Products LLC
                  1600 Smith Street
                  Suite 2416
                  Houston, Texas  77002
                  Attention:   President
                  Telecopier:  (713) 241-1308;

or to such other address as the party to whom notice is to be given may have
furnished to each other party in writing in accordance herewith.  Any such
notice or communication shall be deemed to have been received (a) in the case of
personal delivery, on the date of such delivery, (b) in the case of nationally-
recognized overnight courier, on the next business day after the date when sent,
(c) in the case of telecopy transmission, when received, and (d) in the case of
mailing, on the third business day following that on which the piece of mail
containing such communication is posted.
<PAGE>

          SECTION 8.          BENEFITS OF AGREEMENT.
                              ---------------------

          This Agreement shall bind and inure to the benefit of Apollo, the
Company, the Indemnified Persons and any successors to or assigns of Apollo and
the Company; provided, however, that this Agreement may not be assigned by
             --------  -------
either party hereto without the prior written consent of the other party, which
consent will not be unreasonably withheld in the case of any assignment by
Apollo.

          SECTION 9.          GOVERNING LAW.
                              -------------

          This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of New York (without giving effect to
principles of conflicts of laws).

          SECTION 10.         HEADINGS.
                              --------

          Section headings are used for convenience only and shall in no way
affect the construction of this Agreement.

          SECTION 11.         ENTIRE AGREEMENT; AMENDMENTS.
                              ----------------------------

          This Agreement contains the entire understanding of the parties with
respect to its subject matter, and neither it nor any part of it may in any way
be altered, amended, extended, waived, discharged or terminated except by a
written agreement signed by each of the parties hereto.

          SECTION 12.         COUNTERPARTS.
                              ------------

          This Agreement may be executed in counterparts, and each such
counterpart shall be deemed to be an original instrument, but all such
counterparts together shall constitute but one agreement.

          SECTION 13.         WAIVERS.
                              -------

          Any party to this Agreement may, by written notice to the other party,
waive any provision of this Agreement. The waiver by any party of a breach of
any provision of this Agreement shall not operate or be construed as a waiver of
any subsequent breach.

          SECTION 14.         AFFILIATES.
                              ----------

          For purposes of this Agreement, the term "Affiliate," with respect to
Apollo, shall include, without limitation, Apollo Overseas Partners IV, L.P.,
Apollo Management IV, L.P., Apollo Advisors IV, L.P., and Apollo Capital
Management IV, Inc. (collectively, the "Funds"), the general partner of Apollo,
                                        -----
the general partner of each
<PAGE>

of the Funds and each person controlling, controlled by or under common control
with any of the foregoing persons.
<PAGE>

               IN WITNESS WHEREOF, the parties have duly executed this
Management Consulting Agreement as of the date first above written.

                                             RESOLUTION PERFORMANCE
                                             PRODUCTS LLC

                                             By:  /s/ David T. Preston
                                                  ---------------------------
                                                  Name: David T. Preston
                                                  Title: President

                                             APOLLO MANAGEMENT IV, L.P.

                                             By:  /s/ Josh Harris
                                                  ---------------------------
                                                  Name: Josh Harris
                                                  Title: Vice President<PAGE>

                                                                   Exhibit 10.19

                            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
                           DEER PARK SITE SERVICES,
                           UTILITIES, MATERIALS AND
                             FACILITIES AGREEMENT
                      ----------------------------------

                                       1
<PAGE>

                                   CONTENTS

<TABLE>
                                                                                         Page
                                                                                         ----
<S>                                                                                      <C>
ARTICLE 1 DEFINITIONS...................................................................... 2

ARTICLE 2 INERPRETATIONS................................................................... 9

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............................18

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.........................29

ARTICLE 14 DAMAGE TO SUMF ASSET............................................................30

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

ARTICLE 16 MONITORING COMMITTEE............................................................32

ARTICLE 17 MISCELLANEOUS...................................................................33

ARTICLE 18 FORCE MAJEURE...................................................................34

ARTICLE 19 DISPUTE RESOLUTION..............................................................35

ARTICLE 20 FURTHER ASSURANCE...............................................................36

ARTICLE 21 COSTS AND EXPENSES..............................................................36

ARTICLE 22 ASSIGNMENT AND DELEGATION.......................................................36
</TABLE>

                                       i
<PAGE>

<TABLE>
<S>                                                                                      <C>
ARTICLE 23 SEVERABILITY....................................................................37

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

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

ARTICLE 26 ENTIRE AGREEMENT AND VARIATION..................................................38

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

ARTICLE 28 GOVERNING LAW...................................................................39

ARTICLE 29 LANGUAGE........................................................................39

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

                                      ii
<PAGE>

                   FIRST AMENDED AND RESTATED DEER PARK SITE
                   -----------------------------------------

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

THIS FIRST AMENDED AND RESTATED DEER PARK 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 Deer Park Texas;

     (B) The Company owns and operates certain manufacturing facilities at the
         Site at Deer Park, Texas (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 Deer Park 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.

NOW, THEREFORE, the Parties agree as follows:

                                       1
<PAGE>

                                   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 Inc. and
     any entity other than the Parties which is directly or indirectly
     affiliated with Shell Epoxy Resins Inc.

     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 Deer Park 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 arrangement or composition with creditors as a result
     of insolvency (other than for the

                                       2
<PAGE>

     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 BPA, Liquid EPON Resins, Solid EPON Resins
     and ECH plants situated at the Deer Park 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 GROUND LEASE" means the lease entered into between Shell and the
     Company dated as of the Effective Date related to the Site.

     "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 connection with providing SUMF and partly in
     connection with other activities, an

                                       3
<PAGE>

     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 Supplier or any of its Affiliates is
     required to bear under any Transaction Document (other than this Agreement
     or the Deer Park Ground Lease). Costs which the Supplier or any of its
     Affiliates is required to bear under this Agreement or the Deer 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;

     "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);

     "DPRLP" means Deer Park Refining Limited Partnership;

     "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

                                       4
<PAGE>

     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;

     "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;

                                       5
<PAGE>

     "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.;

     "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 Resins Inc.

     "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
     Deer Park Ground Lease). Costs which the Supplier or any of its Affiliates
     is required to bear under this Agreement or the Deer 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" means the Shared Facilities as defined in the Shared
     Facilities Agreement;

     "SHARED FACILITIES AGREEMENT" means that certain Shared Facilities
     Agreement by and between Shell Oil Company and DPRLP dated March 31, 1993;
     and the First Amendment to that Shared Facilities Agreement by and among
     Shell Oil Company, DPRLP and Equilon Enterprises LLC dated January 15,
     1998;

     "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: this Agreement, the Intellectual Property Transfer and
     License Agreement, the Environmental Agreement and the Deer Park Ground
     Lease dated as of the Effective Date by and between Shell and the Company;

     "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; 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.

                                       8
<PAGE>

                                   ARTICLE 2
                                INTERPRETATIONS

2.1  In this Agreement, unless otherwise specified:

     (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.

                                       9
<PAGE>

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.

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 Supplier 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 or Supplier 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 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 3.4 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 Deer Park 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.

                                      10
<PAGE>

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 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:

                                      12
<PAGE>

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;

          (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

     (b)   Not withstanding 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

                                      13
<PAGE>

           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 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

                                      14
<PAGE>

     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 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.

                                      15
<PAGE>

     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.

                                   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.

                                      16
<PAGE>

     (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. 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.

                                      17
<PAGE>

                                   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. 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.

                                      18
<PAGE>

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.

     (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 Assets) 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

                                      19
<PAGE>

          (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 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

                                      20

<PAGE>

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
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.

     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.

                                      21
<PAGE>

     "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 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.

                                      22
<PAGE>

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, 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.

                                      23
<PAGE>

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 (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;

                                      24
<PAGE>

     (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

     (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;

                                      25
<PAGE>

      (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.

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

                                      26

<PAGE>

      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.

10.13 If the events in Section 10.1(b) of that certain US Phenol Acetone Supply
      Agreement by and between Shell and the Company, of even date herewith have
      occurred, Shell shall have the right to suspend or reduce the supply of
      any and all SUMF Items and to terminate all or any SUMF Item or to
      terminate the SUMF Agreement.

                                  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.

                                      27
<PAGE>

      (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;

      (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

                                      28
<PAGE>

      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 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

                                      29
<PAGE>

      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.

                                  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 schedule 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

                                      30
<PAGE>

      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 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

                                      31
<PAGE>

      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 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.

                                      32
<PAGE>

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 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.

                                      33
<PAGE>

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.

      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.

                                      34
<PAGE>

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.

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

                                      35
<PAGE>

      (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.

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.

                                      36
<PAGE>

                                  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.

                                  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.

                                      37
<PAGE>

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.

                                  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.

                                      38
<PAGE>

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 Texas, 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.

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

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