Document:

Operations Agreement, made as of June 18, 1998

 Exhibit 10.22 
  
 CONFIDENTIAL TREATMENT REQUESTED UNDER 
 C.F.R.
SECTIONS 200.80(b)(4), 200.83 AND 230.406. 
  
 ****INDICATES OMITTED MATERIAL
THAT IS THE 
 SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST 
 FILED
SEPARATELY WITH THE COMMISSION. 
  
 THE OMITTED MATERIAL HAS BEEN FILED

 SEPARATELY WITH THE COMMISSION. 
  
 OPERATIONS AGREEMENT 
  
 THIS OPERATIONS AGREEMENT, made as of the 18th day of June, 1998 by and between MISSION HILLS, S.A. de C.V. , a Mexican corporation (“MH”) and
Inmobiliaria Hills, S.A. de C.V., a Mexican corporation (“IH”) and RHONE-POULENC de MEXICO, S.A. de C.V., a Mexican corporation (“RP”). 
  
 RECITALS: 
  
 WHEREAS, IH and RP are parties to a Supply Agreement, being entered into contemporaneously herewith (the “Supply Agreement”; capitalized terms
not otherwise defined herein shall have the meanings set forth in the Supply Agreement), pursuant to which RP agrees to manufacture and produce dicalcium phosphate (the “Product”) at a manufacturing plant (the “Plant”) within a
MH manufacturing facility located at Km 47, Carretera Querctaro - San Luis Potosi, San Jose Iturbide, Guanajuato, (the “MH Facility”) and to supply the Product to IH and IH agrees to purchase the Product from RP pursuant to the terms of
the Supply Agreement; and 
  
 WHEREAS, MH shall sublease to RP the
real property upon which the Plant is located pursuant to a Lease, dated June 18, 1998, in substantially the form of Exhibit A attached hereto (the “Lease”); and 
  
 WHEREAS, RP has requested that MH provide certain utilities and services as described herein to the Plant, and MH is willing
to provide such utilities and services in accordance with, the terms and conditions set forth herein. 
  
 WHEREAS, MH has requested that RP provide certain training and supervisory services described herein in connection with the operation of the Plant and RP
is willing to provide such services in accordance with the terms and conditions set forth, herein. 
  
 NOW, THEREFORE, in consideration of the promises and the mutual agreements and covenants hereinafter set forth the parties agree as follows: 

 
 1. Services to be Provided by MH. During the term of this
Agreement, MH shall provide the following services and shall invoice RP for said services as outlined in Exhibit B 
  
 (a) Utilities and General Site Services. MH shall provide to RP for use at the Plant, in connection with its operations in
accordance with the provisions hereof and the Exhibits hereto: (i) all necessary dry air, gas, electric, water (fire and process) and steam utilities, as identified, in the quantities and in accordance with the specifications set forth on
Exhibit C hereto. (the “Utilities”) and (ii) general site and other services described herein, in each case necessary for the operation of the Plant, including, without limitation, the production of Product pursuant to the Supply
Agreement. MH shall maintain all Utility lines, facilities and appurtenances which are used by RP at the Plant in connection with its receipt or use of a relevant Utility or such general site 

 
services under this Agreement. Such obligations shall include the extending of pipes, lines and rail spurs to the Plant. 
  
 (b) Waste Water Treatment, Sewage and Waste Disposal
Services and Infrastructure. MH shall provide all necessary services and infrastructure relating to waste water treatment required in connection with the Plant’s operations which shall include, without limitation, the processing of the
Plant’s sanitary waste, storm water runoff and other industrial waste and sewage and waste disposal at the Plant’s bartery limits. 
  
 (c) Labor and Supervision. MH shall provide all production labor for the Plant, including, without limitation, shift supervision,
necessary to manufacture and produce the Product in such quantities and on such terms as required by the Supply Agreement. MH shall use its best efforts to employ such labor (and any other personnel required by MH to perform services under this
Agreement) who are, within generally accepted chemical industry standards applicable in the United States, qualified to perform the jobs for which they are hired. 
  
 (d) Analytical Services. MH shall perform the necessary analyses for quality control of the
Plant’s raw materials, semi-finished and finished Products, according to written analytical methods and procedures to be established by RP and furnished to and agreed upon by MH from time to time. MH shall provide the managerial and operating
personnel necessary to perform such quality control functions. MH personnel shall be authorized to sign Certificates of Analysis related to the Products on behalf of RP, provided that such Products, in MH’s sole discretion, comply with
specification for same established by MH and agreed to by RP in the Supply Agreement. 
  
 (e) Shipping Services. MH shall arrange for rail and/or traffic services, together with the infrastructure and personnel to provide
same, both to receive all raw materials related to the production of the Product and to transport finished Product from the Plant to all Product shipping destinations. Such services and infrastructure shall include but shall not be limited to:

  

	 	(i)	personnel to handle scheduling and documentation associated with all rail and/or truck transportation to or from the Plant; and 

  

	 	(ii)	personnel and supervision associated with rail switching and/or truck services for rail cars or trucks, which shall include separating rail cars and trucks (if necessary) and
loading and weighing all incoming and outgoing rail cars or trucks (on MH’s rail or truck loading scales) 

  
 (f) Permits. MH shall cooperate with and assist RP in Mexico in obtaining all applicable Mexican governmental permits and licenses
required from time to time in connection with the operation of the Plant including, without limitation, its receipt and storage of raw materials and the manufacture, packaging, storage, sale or shipment of Products produced at the Plant. Such
permits and licenses shall cover, without limitation, an Environmental Impact 

  

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License. MH shall be responsible for maintaining all such permits and licenses during the term of this Agreement. 
  
 (g) Security. MH shall provide security services at
the Plant substantially equivalent to those provided at the MH Facility. 
  
 (h) Insurance. MH and RP individually and at their own expense, shall maintain in force for the duration of this agreement, the following types of insurances, with limits of not less than the amounts listed
below: 
  

	 	(i)	Comprehensive General Liability Insurance (CGL), including but not limited to products/completed operations coverage, contractual liability coverage, personal injury coverage, and
broad form property damage coverage, with limits of not less than US$5,000,000 combined single limit for each occurrence and in the aggregate. 

  

	 	(ii)	Comprehensive Automobile Liability Insurance covering all vehicles, whether owned, hired or nonowned, used in the business operations, with limits of not less than US$2,000,000
combined single limit. 

  

	 	(iii)	(a) Workers’Compensation Insurance and/or Longshoremen’s and Harborworkers’ Compensation Insurance as required by laws and regulations, applicable to and
covering all employees performing under this Agreement. (b) Employers’ Liability Insurance with limits of not less than US$5,000,000 Each Accident; US$5,000,000 Disease-Policy Limit; US$5,000,000 Disease-Each Employee.

  

	 	(iv)	Excess Liability Insurance with limits not less than US$5,000,000. 

  
 MH, shall maintain in force for the duration of this agreement. Pollution/Environmental Impairment Liability Insurance, with limits of not
less than US$10,000,000 any one occurrence, to which RP shall be included as an additional insured. Prior to the commencement of this agreement, MH and RP shall produce certificates of insurance, evidencing the insurance requirements listed above
and providing no less than thirty (30) days written notice of cancellation, nonrenewal or any change in limits of coverage which would effect; the above requirements. 
  
 (i) Warehousing. MH shall provide and maintain warehouse facilities (and the personnel to operate
same) at or near the Plant’s battery limits such that the raw materials and finished Products shall be stored and handled in a safe manner and properly accounted for 
  
 (j) Lease. RP shall sublease the real property upon which the Plant is located pursuant to a Lease,
dated June 18, 1998, in substantially the form of Exhibit A attached hereto 
  

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 2. Performance Standards. 
  
 (a) Plant Efficiency. The price structure set forth herein for the services to be performed by MH and paid
by RP are based upon the assumptions that the Plant shall produce Product at a rate at least equal to (****) of the time during each 12 month period following the beginning of the Term (as defined in Section 5) of this Agreement. 
  
 (b) MH shall pay RP for all services rendered and invoiced
to RP from MH pursuant to this agreement. MH shall reimburse RP for all taxes, excise or other charges that RP may be required to pay to any government (national, state municipal, or local) on or measured by the services rendered to RP. 

 
 (c) Other Performance Standards. In addition MH shall
perform all of the services described in Section 1 of this Agreement: 
  
 (i) in a manner consistent with standards generally applicable in the United States chemical manufacturing industry in connection with the production of chemical products comparable to the Product, at a minimum
consistent with those standards MH adheres to at the sulphanation plant located within the MH Facility, but in any event consistent with the operating manual applicable to the production of Product at RP’s Chicago Heights, Illinois dicalcium
phosphate production facility (the “Chicago Heights Facility”), such operating manual is attached hereto as Exhibit D (the “Operating Manual”); 
  
 (ii) in material compliance with all laws and regulations applicable to the Plant and its operations,
including, without limitation, any laws relating to health, safety or the protection of the environment as well as the standards formulated pursuant to Section 4(c)(i), and 
  
 (iii) such that the Design Standards, as defined in Section 4(a), are adhered to in all material
respects. 
  
 (d) Anything in this Agreement or
the Exhibits thereto to the contrary notwithstanding, to the extent: (i) MH’s performance under this Agreement is not consistent with the foregoing standards, (ii) the Utilities do not comply with the specifications set forth in
Exhibit C; or (iii) MH, its employees or agents have engaged in negligent conduct arising, relating, or resulting from this Agreement, any costs resulting from such performance, non-compliance or negligent conduct shall be solely for MH’s
account. Notwithstanding the foregoing, RP shall be solely responsible for the RP Supervisor (defined below). To the extent that any breach of Performance Standards results from negligent instructions issued by the RP Supervisor or any other RP
agent or employee and followed by MH, such matters shall be solely for RP’s account. 
  

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 3. Services to be Provided by RP. RP agrees to provide the following services in connection with
the operation of the Plant: 
  
 (a)
Training. RP shall provide all training for all production and maintenance labor at the Plant, based on a training program designed jointly by RP and MH, including environmental, operational and occupational health and safety training
programs that are consistent and coordinated with the training programs used at the MH Facility (“Training Program”). The Training Program is attached hereto as Exhibit E. 
  
 (b) Employee Supervision. RP shall provide one supervisor of its choice at the Plant (the “RP
Supervisor”), who shall have the right to select and/or reject employees so hired by MH. The RP Supervisor shall oversee all operations at the Plant, including but not limited to the management of all services and Utilities provided by MH
hereunder. The RP Supervisor shall be consulted prior to the taking of any action by MH with respect to any personnel at the Plant. The RP Supervisor shall have the right upon consultation with MH, to modify the permanent and/or temporary staff at
the Plant and to appropriately discipline or replace any individuals whom the RP Supervisor, in his or her reasonable discretion, believes to be performing in an unsatisfactory manner. Without limiting the generality of the foregoing, MH shall not
hire or retain any third party contractors without the prior written consent of the RP Supervisor, which shall not be unreasonably withheld or delayed. 
  
 (c) Specific Supervision and Safety Related Rights. Without limiting the generality of the provisions of Sections 3(a) and (b):

  
 (i) the RP Supervisor shall have the
unilateral right to shut down the Plant if the RP Supervisor reasonably believes that further operations of the Plant are likely to (x) endanger the environment or the health or safety of any of the Plant’s personnel, (y) violate any law,
regulation or Plant policy applicable to the Plant or its personnel; or (z) if the RP Supervisor reasonably believes that the Plant is being operated in a manner which is not in material compliance with the Operating Manual. Any such actions
shall be taken upon prior notice to MH, except in situations the Supervisor reasonably believes are emergencies. MH shall be notified of any action taken in response to any emergency within forty-eight (48) hours. 
  
 (ii) the RP Supervisor may reject the work product of any
services provided by MH hereunder if the RP Supervisor reasonably believes that (x) such work product does not satisfy standards generally applicable in the United States chemical manufacturing industry, or (y) such services are likely to
have the effects set forth in Section 3(c)(ii)(x) or (y); and 
  
 (iii) The RP Supervisor upon consultation with MH may suspend or stop shipment of any Product produced at the Plant if the RP Supervisor reasonably believes that such Product does not conform to the Specifications set
forth in the Supply Agreement or otherwise does not conform with the terms of the Supply Agreement. Such rights of Supervisor to stop shipment may also be exercised by MH Quality Assurance personnel, upon consultation with the RP Supervisor.

  
 (d) RP may also appoint two additional
engineers to work at the Plant. 
  

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 4. Construction Services. 
  
 (a) RP shall be responsible for building the Plant, at RP’s sole cost and expense, (****)
(collectively, the “Design Standards”) and hiring such architects, contractors and other personnel necessary to achieve that end. MH shall be responsible, for providing engineering and other personnel who shall assist and cooperate with RP
(****). It is expressly understood and agreed that the Design Standards shall be substantially equivalent to those used to design and construct the Chicago Heights Facility. 
  
 (b) MH shall be responsible for providing, all necessary utilities and general site services required in
connection with the construction of the Plant as well as during the decommissioning of the Plant pursuant to Section 3.3 of the Supply Agreement; such utilities shall conform to the specifications set forth in Exhibit C hereto. 
  
 (c) RP (****) responsible ((****) cost and expense) for the
following: 
  
 (i) insuring that the Plant design
and equipment meet the Design Standards, including but not limited to the environmental health and safety standards of each party, and all applicable quality, environmental and regulatory requirements (****); 
  
 (ii) studying the availability (****) of suitable equipment
for utilization in the Plant; 
  
 (iii) insuring
that any equipment which needs to be purchased is purchased at the lowest price; 
  
 (iv) insuring that construction of the Plant is implemented at the lowest possible total cost; and 
  
 (v) studying, and providing for, the possibility of future
Plant expansion. 
  
 (d) Each party shall
promptly report to the other any release or spill of any hazardous or regulated substance to the environment (including but not limited to any release of materials or products to air, soil, water or ground water) and any injury or illness to either
party’s employee that occurs during the construction and operation of the Plant. An Emergency Response Plan related to spills of phosphoric acid in transportation is attached hereto as Exhibit F. 
  

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 5. Term. (a) The term of this Agreement (the “Term”) shall commence on the date hereof and
shall continue until the decommissioning of the Plant as set forth in 5(b) below. 
  
 (b) Upon termination of the Lease, RP shall be both obligated and entitled to decommission the Plant. For the purposes of this Agreement,
“decommissioning” shall mean the restoration of the real estate upon which the Plant is located to its original condition including remediation of any subsurface contamination caused by the construction or operations of the Plant and
excluding any remediation unrelated to the construction or operation of the Plant, with all equipment and structures to be removed and retained by RP. 
  
 6. Force Majeure. 
  
 (a) MH shall not be responsible or liable for delay or failure in the performance of services on its part to be performed hereunder. If
such delay or failure is due to any cause beyond its control, including but not limited to strikes, fires, floods, storms, accidents, transportation embargoes, governmental regulations or orders, perils of navigation, or acts of God. 
  
 (b) In the event force majeure restricts the available
supply of any of the utilities, labor or services supplied by MH to RP under this Agreement. MH will ensure that the available supply is fairly apportioned to each of the facilities at the Plant. 
  
 (c) RP shall not be responsible for delay or failure in the
performance of services on its part to be performed hereunder, if such delay or failure is due to any cause beyond its control, including but not limited to strikes, fires, floods, storms, accidents, transportation embargoes, governmental
regulations or orders, perils of navigation, or acts of God. 
  
 (d) It is expressly understood and agreed that if any force majuere event increases the costs of the party affected related to such party’s provision of services under this Agreement, any such increase in cost
shall be for such affected party’s sole account. 
  
 (e) In the event of any failure, interruption or delay of services to be provided by MH hereunder, whether excused or unexcused in performance, MH shall (i) promptly notify RP of each such failure, interruption or delay, and
(ii) use its best efforts to restore such services as soon as may be reasonably possible. 
  
 7. Consumption of Services. MH agrees to prepare monthly reports covering in reasonable detail all Utility and other services rendered by MH hereunder. MH shall promptly furnish RP with any such reports upon
RP’s written request therefor. In addition, MH shall provide written notice to RP, as promptly as practicable, that MH is within ten percent (10%) of reaching the dollar limitations set forth in Section 1(e) or when MH reasonably believes
that the Utilities usage per metric ton of Product are likely to be exceeded. 
  
 8. Maintenance of Records; Dispute of Charges; Payments. MH shall maintain adequate records (including, without limitation, the documentation of all transactions) in sufficient detail setting forth the services
provided and the excess service charges, if any, payable by RP under this Agreement. Upon request, MH shall furnish a certificate signed by an executive 

  

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officer, verifying the amount of such charges. Not less than one time nor more than four (4) times per year, MH shall permit such records to be audited
at any time during regular business hours by RP, including its employees or representatives, with respect to any excess charges billed to RP pursuant to this Agreement. Any such excess charges shall be payable by RP in U.S. Dollars, any costs
related to such charges incurred in Mexican Pesos shall be converted into U.S. Dollars at the exchange rate on the date such excess services were provided. 
  
 9. Metering. 
  
 (a) Meters and any other equipment necessary for determining the quantities of Utilities delivered hereunder shall be furnished,
installed, maintained, calibrated and certified at least annually, and operated by MH. 
  
 (b) Upon request, RP shall have the right to be present at the time of installing, reading, cleaning, changing, repairing, inspecting,
testing, calibrating, or certification of such meters or other equipment. 
  
 (c) Calibration records shall be maintained by MH to insure accuracy of results. If a dispute arises regarding the accuracy of the meters or other equipment, and the parties are unable to mutually resolve such dispute
within a reasonable period, then such dispute shall be referred to a mutually agreeable independent inspector whose determinations regarding accuracy of the meters or equipment, or the quantities of services delivered, shall be binding. The
challenging party shall pay the cost of such verification if the meters are found to be within the manufacturer’s specifications, and the non-challenging party shall pay the cost of verification and adjustment if the meters are found to be
outside the manufacturer’s specifications. If the meters are found to be outside the manufacturer’s specifications, an adjustment shall be made to the invoices covering deliveries during the period of error. No dispute shall entitle either
party to cease providing any service to the other, provided that all amounts shall be paid, as required by this Agreement, upon settlement of such dispute. Disputes covered by this Section 9(c) shall not be subject to the provisions of Section
15. 
  
 10. Alteration of Plant. During the term of this
Agreement, MH shall not materially modify the Plant facilities or materially reduce its capacity to provide services contracted for hereunder or alter the method of operation of such facilities so as to materially increase the cost thereof, in any
case without the prior written consent of RP. MH shall give RP prompt and reasonable notice of any such expected modifications or alterations. 
  
 11. Notice of Plant Shutdown. If for any reason MH anticipates material reduction or cessation of Utilities to be provided hereunder or a shutdown
of the Plant, MH shall notify RP of any such event as early as possible. In general, RP should be notified at least three (3) months in advance of any such event so that RP can determine what actions to take to ensure the continued operation of
the Plant. 
  

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 12. Damage, Destruction or Condemnation of Facilities. 
  
 (a) In the event that the Plant or any part thereof, or any
facility generating the Utilities or other site services to be provided hereunder, is damaged or destroyed by fire, flood or other casualty, RP at its sole expense shall promptly rebuild, repair or restore such facilities to a condition which is
functionally equivalent in terms of capacity, reliability and quality to that existing prior to such damage or destruction, and all insurance proceeds shall be applied to pay the costs of same. 
  
 (b) In the event that title to, or the temporary use of, the
Plant or any part thereof, or any facility generating the Utilities or other services to be provided hereunder, shall be taken under the exercise of the power of eminent domain by any governmental body or by any person, firm or corporation acting
under governmental authority, RP shall promptly rebuild, repair or restore any portion of the Plant so taken to a condition which is functionally equivalent in terms of capacity, reliability and quality to that existing prior to such taking and all
compensation paid as a result of such taking shall be utilized to pay the costs of same; to the extent such compensation does not cover such costs, MH and RP each (as the case may be) shall each bear any such excess costs relating to the Plant or
such facilities. 
  
 13. Confidentiality. MH, for itself,
its officers, agents, consultants and employees, agree to execute the Confidentiality Disclosure Agreement attached hereto as Exhibit G. MH agrees to require, as a condition of employment, that each employee, agent or consultant of MH connected with
the services to be provided under this Agreement execute and deliver a Confidential Disclosure Agreement in the form of Exhibit G. 
  
 14. No License. Nothing contained herein constitutes a license to MH under any of RP’s confidential information; MH may only use this
confidential information in fulfilling its obligations under this Agreement. 
  
 15. Dispute Resolution. (a) Except as provided in Section 9(c) of this Agreement, the parties shall attempt in good faith to resolve any dispute arising out of or relating to this Agreement promptly
by confidential negotiations between persons who have authority to settle the controversy. For the purposes of this Agreement, the following persons shall have authority to settle disputes hereunder (each an “Authorized Person”):
(i) the RP Plant Supervisor and his MH counterpart with respect to disputes arising from services to be provided hereunder, and (ii) the chief financial officers of the parties with respect to all other disputes arising hereunder. All such
negotiations shall be treated as compromise and settlement negotiations for purposes of the relevant rules of evidence. Any party may give the other party written notice of any dispute. Within ten (10) business days after delivery of such
notice, the receiving party shall submit to the other a written response. The initial notice and the response shall include a statement of each party’s position and a summary of the arguments supporting that position. Within twenty
(20) business days after the date of the initial notice, the applicable Authorized Persons (and/or their delegates) shall meet at a mutually acceptable time and place, and thereafter as often as they reasonably deem necessary, to attempt to
resolve the dispute. All reasonable requests for information made by one party to the other shall be honored promptly. 
  
 (b) If the parties do not meet or the dispute has not been resolved by the foregoing negotiation within thirty (30) business days of the
disputing party’s initial notice, the 

  

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parties shall endeavor to settle the dispute by non binding mediation under the then current CPR Model Mediation Procedure for Business Disputes. Unless
otherwise agreed the parties shall select a mediator from the CPR Panels of Neutrals. The mediation shall take place in New York, New York and shall be concluded within seventy-five (75) days from the date of the disputing party’s initial
notice, unless the parties mutually agree to an extension. 
  
 (c) If the dispute is not settled through the foregoing mediation procedure, either party may refer the dispute to, and the dispute shall be settled by, arbitration, before three (3) independent arbitrators in
accordance with the then current CPR Non-Administered Arbitration Rules then in effect. To initiate arbitration under this subsection 15(c), no later than sixty (60) days after the conclusions of such mediation the aggrieved party shall give
the other party written notice in accordance with Article 20, describing the claim and the amount as to which it intends to initiate arbitration. Within fifteen (15) days after the receipt of such notice, each party shall select one person to
act as arbitrator, and the two so selected shall select a third arbitrator within ten (10) days of their appointment. If the arbitrators selected by the parties are unable or fail to agree upon the third arbitrator, the third arbitrator shall
be selected by the CPR. At least one of the arbitrators so selected shall be an attorney actively engaged in the practice of law for at least (10) years and familiar with agreements comparable to this Agreement. Any such arbitration shall be
conducted in New York. NY. The arbitrators shall apply New York law, regardless of its choice of law principles. The reasonable expenses of the arbitration shall be borne equally by the parties. Each party shall bear the cost of its counsel and
other experts. The parties shall agree on a schedule for conducting the arbitration, including the exchange of documents and the examination of witnesses. The award of the arbitrators shall be accompanied by a reasoned opinion. Judgment upon the
award rendered by the arbitrators may be entered in any court having jurisdiction of the parties and the subject and matter of the dispute. 
  
 16. Access to Plant. MH shall provide RP with access to the Plant at all reasonable times for inspection of the Plant property or records, and
shall cooperate in any routine inspections or audits of the Plant conducted by RP. 
  
 17. Servitudes. To the extent that any of the services to be performed hereunder shall require for the effective performance thereof the use of any property or properties of MH or others for the purpose of
(i) locating roads, gates, etc. essential to the performance of this Agreement, (ii) constructing, erecting, furnishing, laying, inspecting, maintaining, servicing, or repairing any such roads, gates, pipes, wires, drains, conduits, etc.,
or (iii) rendering or obtaining the services contemplated hereby, MH grants (or shall cause to be granted) and confers (or shall cause to be conferred) upon RP a servitude effective during the term of this Agreement with respect to the relevant
service provided to use such property or properties to the extent necessary for such purposes; provided, however, that such use shall not interfere with the use of such property or properties by MH. The parties agree to execute
appropriate documents in recordable form to evidence the foregoing rights and obligations. RP grants to MH the right of ingress and egress to the Plant to carry out the services listed herein. This right is granted to those individuals having duties
to perform in the Plant area. The servitudes and rights granted in this Section 17 shall automatically terminate upon, termination of this Agreement at the end of the termination period specified in Section 3. 
  

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 18. Future Expansion. In the event that RP desires an increase in any service to be provided
hereunder beyond MH’s capacity to provide it, or in the event MH desires to modify the Plant or any facility providing Utilities in any material respect, any such increase or modification shall be implemented, provided a prior written agreement
covering the same (including, without limitation, which party or parties shall bear the costs thereof) shall have been entered into by both parties. 
  
 19. Cooperation of the Parties. Each party shall cooperate with the other in the performance of their respective obligations hereunder, including
but not limited to taking all actions reasonably necessary to obtain and maintain all permits necessary hereunder. 
  
 20. Notices. Any notice, demand, or communication required or permitted to be given by any provision of this Agreement shall be deemed to have been
sufficiently given or served for all purposes if (a) personally delivered, (b) mailed by registered or certified first-class mail, prepaid with return receipt requested, (c) sent by a nationally recognized overnight courier service, to the
recipient at the address below indicated or (d) delivered by facsimile which is confirmed in writing by sending a copy of such facsimile to the recipient thereof pursuant to clause (a) or (c) above: 
  

			
	If to MH:	  	Mission Hills, S.A. de C.V.
		
	 	  	Carretera Federal 57 Km 47, Carretera
	 	  	Entroncal a San José Iturbide Km. 0.8, San
	 	  	José Iturbide, Gto.
	 	  	Attn.: Rafael Torres
		
	If to IH:	  	Inmobiliaria Hills, S.A. de C.V.
	 	  	Presa la Angostura 225, Col. Irrigacion,
	 	  	C.P. 11500, Mexico, D.F.
	 	  	Attn.: Stuart Burkhead
		
	If to RP:	  	Rhodia Inc.
		
	 	  	Prospect Plains Road
	 	  	Cranbury, New Jersey 08512-7500
	 	  	Attention: Herman Mihalieh,
	 	  	Executive Director Industrial Phosphates
		
	with copies to	  	Rhodia Inc.
	 	  	CN 7500
	 	  	Cranbury, New Jersey 08512-7500
	 	  	Attention: Gary Ford, Esq.
	 	  	Senior Operations Counsel
		
	or if by overnight mail to:	  	Rhone-Poulenc de Mexico, S.A. de C.V.
	 	  	Av. Vasco de Quiroga No. 3000 PISO 2
	 	  	Col Lomas de Santa Fe, 01210, Alvaro
	 	  	Obregon, Mexico, D F,
	 	  	Attention: Daniel Vidalinc
	 	  	General Manager

  

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 or to such other address as any party hereto may, from time to time designate in a written notice given in like manner or
to such other address as the person to whom notice is to be given may have previously furnished to the other in writing in the manner set forth above. 
  
 Except as otherwise provided herein, any notice under this Agreement will be deemed to have been given (x) on the date which notice is personally
delivered or delivered by facsimile, (y) four days after the date of mailing if sent by certified or registered mail or (z) the next succeeding business day after the date such notice is delivered to the overnight courier service if sent by
overnight courier; provided that in each case notices received after 4:00 p.m. (local time of the recipient) shall be deemed to have been duly given on the next business day. 
  
 21. Indemnification. Each party shall defend, indemnify and save harmless the other party, its directors, officers,
employees and agents from any and all loss, claims, actions, or suits, including costs and attorneys’ fees, for or on account of bodily or personal injury to, or death of persons (including but not limited to injury to or death of any
employees, agents or operators at the Plant), damage to or destruction of tangible property belonging to the other party or others, including but not limited to damage to the Plant (collectively, “Damages”), resulting from or arising out
of the indemnifying party’s negligent acts or omissions, or that of any agents of or any persons related to, controlled or supervised by the indemnifying party, excepting such injury or harm to the extent resulting from or arising out of the
negligence of the other party, its employees and agents. 
  
 22.
Assignment. This Agreement shall not be assignable by either party hereto without the express prior written consent of the other party, except to the successor or assignee of all or substantially all of the assignor’s business to which
the Agreement relates. When duly assigned in accordance herewith, this Agreement shall be binding on and inure to the benefit of each parties successors and assignees. 
  
 23. Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of
the State of New York without regard to its provisions concerning conflicts or choice of law. 
  
 24. JURISDICTION. THE PARTIES HERETO AGREE THAT ANY SUIT, ACTION OR PROCEEDING INSTITUTED AGAINST ONE OR MORE OF THE PARTIES HERETO WITH RESPECT TO THIS AGREEMENT OR ANY RELATED AGREEMENT MAY BE BROUGHT IN ANY
COURT OF COMPETENT JURISDICTION IN ANY FEDERAL OR STATE COURT LOCATED IN THE STATE OF NEW YORK. EACH OF THE PARTIES, BY THE EXECUTION AND DELIVERY OF THIS AGREEMENT, IRREVOCABLY WAIVES ANY OBJECTION OR DEFENSE TO THE INSTITUTION OF 

  

 12 

 
ANY ACTION IN NEW YORK BASED ON IMPROPER VENUE. THE CONVENIENCE OF THE FORUM OR THE JURISDICTION OF SUCH COURTS, OR FROM THE EXECUTION OF JUDGMENTS RESULTING
THEREFROM, AND THE PARTIES HERETO IRREVOCABLY ACCEPT AND SUBMIT TO THE JURISDICTION OF THE AFORESAID COURTS IN ANY SUIT, ACTION OR PROCEEDING EACH OF THE PARTIES HEREBY WAIVES PERSONAL SERVICE OF PROCESS UPON IT AND CONSENTS TO THE SERVICE OF
PROCESS BY CERTIFIED MAIL TO THE ADDRESS SET FORTH IN SECTION 20. 
  
 25. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, both of which together shall constitute one and the same agreement. 
  
 26. Non-Waiver. Failure of either party to exercise any of its rights under this Agreement upon one occasion shall
not waive the party’s right to exercise the same on another occasion. 
  
 27. Independent Business. In the performance of this Agreement, the parties are engaged in independent business, and nothing in this Agreement shall be construed to: 
  
 (a) grant either party any right to control the other party
with respect to the conduct of its business, except as expressly set forth herein; 
  
 (b) make either party a partner, joint venturer, agent or other representative of the other party; 
  
 (c) grant either party any right of authority to assume or
create any obligation on behalf of or in the name of the other party; or 
  
 (d) accept legal summons or legal process for the other party. 
  
 (e) MH , IH and RP are and for all purposes shall be deemed independent contractors and nothing in this Agreement or in the relationship
between MH and RP or their respective employees, agents, subcontractors or other representatives shall be deemed to constitute otherwise. MH and RP shall have sole control over their respective employees including, but not limited to, the
supervision and direction of the method and manner in which the work is accomplished, the method and amount of wage and benefit payments, and control of all hiring, firing or discipline of employees, as well as all policies and procedures related
hereto. In acknowledgment of such relationship, MH and RP may be required to have each of their respective employees performing services on property owned or controlled by the other to individually read and sign a separate document entitled
“Waiver of Employment” stating that he/she makes no claim for coverage by, or participation in, any benefit or right relating to the other party. If either party performs services under this Agreement on property owned or controlled by the
other, that party agrees that its employees, agents, subcontractors or other representatives will abide by the other’s safety and security requirements which are available on request.  
  

 13 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above-written.

  

			
	MISSION HILLS, S.A. de C.V.
		
	By:	 	 /s/ Rafael Torres Lopez

	 Name:
	 	 RAFAEL TORRES LOPEZ

	 Title:
	 	 LEGAL REPRESENTATIVE

	
	INMOBlLLARIA HILLS, S.A. de C.V.
		
	By:	 	 /s/ Salvador Martinez-Murillo

	 Name:
	 	 SALVADOR MARTINEZ-MURILLO

	 Title:
	 	 LEGAL REPRESENTATIVE

	
	RHONE-POULENC de MEXICO, S.A. de C.V.
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  

 14 

 EXHIBIT A 
  

Lease 
  
 TRANSLATION FROM SPANISH 
  
 SUBLEASE CONTRACT ENTERED INTO BY AND BETWEEN MISSION HILLS, S.A. DE C.V., REPRESENTED HEREIN BY MR. RAFAEL TORRES LOPEZ IN HIS CAPACITY AS LEGAL REPRESENTATIVE, HEREINAFTER REFERRED TO AS “THE SUBLESSOR”
AND RHONE POULENC DE MEXICO, S.A. DE C.V. REPRESENTED HEREIN BY MR. SALOMON TOBELEM, HEREINAFTER REFERRED TO AS “THE SUBLESSEE”; AS PER THE FOLLOWING RECITALS AND CLAUSES: 
  
 RECITALS 
  
 FIRST.-“THE SUBLESSOR” STATES: 
  
 I.-THAT IT IS A STOCK COMPANY OF VARIABLE CAPITAL STOCK, LEGALLY ORGANIZED IN ACCORDANCE WITH THE LAWS OF THE MEXICAN REPUBLIC, THROUGH PUBLIC DEED NUMBER 11,515, GRANTED
BEFORE NOTARY PUBLIC NUMBER 178 IN AND FOR THE FEDERAL DISTRICT, MR. ANDRES JIMENEZ CRUZ. 
  
 II.-THAT IT HAS THE LEGAL CAPACITY TO ASSUME OBLIGATIONS IN TERMS OF THIS CONTRACT, THROUGH ITS LEGAL REPRESENTATIVE MR. RAFAEL TORRES LOPEZ, WHO EVIDENCES HIS CAPACITY WITH A COPY OF PUBLIC DEED NUMBER 14,367,
GRANTED BEFORE NOTARY PUBLIC NUMBER 178 IN AND FOR THE FEDERAL DISTRICT, MR. ANDRES JIMENEZ CRUZ, WHICH CONTAINS A POWER OF ATTORNEY FOR ACTS OF ADMINISTRATION, WHICH HAS NOT BEEN REVOKED OR AMENDED TO HIM IN ANY MANNER UP TO THIS DATE. 

 
 III.-THAT AT PRESENT IT IS THE LESSOR OF THE LAND PLOT SUBJECT MATTER HEREOF, WHICH IS
LOCATED AT: CARRETERA FEDERAL 57 QUERETARO-SAN LUIS POTOSI, KM. 47, CARRETERA ENTRONCAL A SAN JOSE ITURBIDE, KM. 0.8, SAN JOSE ITURBIDE, GUANAJUATO. 
  
 SECOND.-“THE SUBLESSEE” STATES: 
  
 I.-THAT IT IS A STOCK COMPANY OF VARIABLE CAPITAL STOCK, LEGALLY ORGANIZED IN ACCORDANCE WITH THE LAWS OF THE MEXICAN REPUBLIC, THROUGH PUBLIC DEED NUMBER 66,068 GRANTED
BEFORE NOTARY PUBLIC NUMBER 69 IN AND FOR THE FEDERAL DISTRICT, MR. JORGE H. FALOMIR. 
  
 THROUGH PUBLIC DEED NUMBER 58,585, GRANTED BEFORE NOTARY PUBLIC NUMBER 74 IN AND FOR THE FEDERAL DISTRICT, MR. F. JAVIER ARCE GARGOLLO, THE COMPANY CHANGED ITS NAME TO RHONE POULENC DE MEXICO, S.A. DE C.V. 
  
 II.-THAT IT HAS LEGAL CAPACITY TO ASSUME OBLIGATIONS IN TERMS OF THIS CONTRACT, THROUGH ITS
LEGAL REPRESENTATIVE MR. SALOMON TOBELEM. 

 2 
  

 WHO EVIDENCES HIS CAPACITY WITH A COPY OF PUBLIC DEED NUMBER 70,132 GRANTED BEFORE NOTARY PUBLIC NUMBER 74 IN AND FOR
THE FEDERAL DISTRICT, MR. F. JAVIER ARCE GARGOLLO, WHICH CONTAINS A POWER OF ATTORNEY FOR ACTS OF ADMINISTRATION, WHICH HAS NOT BEEN REVOKED OR AMENDED TO HIM IN ANY MATTER UP TO THIS DATE. 
  
 III.- THAT IT IS ITS WILL TO SUBLEASE A PORTION OF THE LAND PLOT WHICH IS LEASED AT PRESENT
BY “THE SUBLESSOR”, LOCATED WITHIN THE MISSION HILLS PLANT, IN CARRETERA FEDERAL 57 QUERETARO-SAN LUIS POTOSl, KM. 47, CARRETERA ENTRONCAL A SAN JOSE ITURBIDE, KM. 0.8, SAN JOSE ITURBIDE, GUANAJUATO 
  
 BOTH PARTIES STATE THAT IT IS THEIR WILL TO ENTER INTO THIS CONTRACT, BEING SUBJECT TO THE
FOLLOWING: 
  
 CLAUSES. 
  
 FIRST.- “THE SUBLESSOR” GIVES IN SUBLEASE TO “THE SUBLESSEE” THE
QUANTITY OF 1800 (ONE THOUSAND EIGHT HUNDRED) SQUARE METERS OF THE LAND PLOT IT LEASES, LOCATED AT THE DOMICILE MENTIONED IN THE FIRST RECITAL, PARAGRAPH III HEREOF. 
  
 SECOND.- “THE SUBLESSEE” SHALL ONLY USE THE LAND PLOT FOR THE BUILDING AND OPERATION OF A PLANT WHICH SHALL EXCLUSIVELY
MANUFACTURE DICALCIUM PHOSPHATE (“THE PRODUCT”), BEING ABLE TO CARRY OUT THE RECEPTION, DISPATCH, LOAD AND UNLOAD, OF ALL KIND OF MATERIALS RELATED TO THE MANUFACTURE OF THE PRODUCT WHICH MAY BE STORED THEREIN. “ SUBLESSEE” WILL
SUPPLY PRODUCT TO A THIRD ENTITY UNDER THE TERMS OF A “SUPPLY AGREEMENT” DATED AS OF JUNE 18,1998. 
  
 THIRD.- THE TERM OF THIS CONTRACT SHALL BE COTERMINOUS WITH THE “SUPPLY AGREEMENT” REFERRED ABOVE. 
  
 FOURTH.- ON THE LAST DAY OF THE TERM HEREOF OR IN THE CORRESPONDING DATE IF THERE WERE ADVANCED TERMINATION, “THE SUBLESSEE” SHALL RETURN AND DELIVER THE
SUBLEASED LAND PLOT FOR THE USE OF “THE SUBLESSOR” WITHOUT DELAY, ORDERLY, IN GOOD CONDITION AND ADEQUATE MAINTENANCE. ALL THE SIGNS, LEGENDS AND SIMILAR INSTALLATIONS, AS WELL AS THE FURNITURE, ACCESSORIES, INSTALLED MACHINERY AND
EQUIPMENT SHALL BE REMOVED AT THE EXPIRATION DATE OF THE TERM HEREOF. 
  
 FIFTH.-
BOTH PARTIES AGREE THAT THE PRICE TO BE PAID FOR THE PORTION OF THE SUBLEASED LAND PLOT (1800 SQUARE METERS) SHALL BE THE AMOUNT OF (****). THE PAYMENT SHALL BE MADE TO” THE SUBLESSOR” OR TO WHOEVER MAY REPRESENT ITS RIGHTS, MONTHLY, BEING
PAYABLE WITHIN THE LAST FIFTEEN 

  

 16 

 3 
  

 
DAYS OF EACH MONTH, THE PAYMENTS SHALL BE MADE AT THE DOMICILE OF “THE SUBLESSOR” WHICH IS LOCATED AT: CARRETERA FEDERAL 57, KM. 47, CARRETERA
ENTRONCAL A SAN JOSE ITURBIDE, KM. 08, SAN JOSE ITURBIDE, GUANAJUATO. REVISIONS TO THE AGREED RENTAL SHALL BE MADE ANNUALLY. 
  
 ALL RENTALS SHALL BE FULLY PAID, EVEN IF “THE SUBLESSEE” ONLY TAKES POSSESSION OF THE SUBLEASED PLACE DURING PART OP THE TERM AGREED ON IN THIS CLAUSE.

  
 SIXTH.- “THE SUBLESSEE” ASSUMES THE OBLIGATION TO: 
  
 A) USE THE SUBLEASED LAND PLOT EXCLUSIVELY IN REGARD TO THE PROVISIONS OF CLAUSE SECOND
HEREOF. 
  
 B) KEEP THE PLACE IN GOOD CONDITIONS OF USE AND CLEANLINESS.

  
 C) BY ITS OWN ACCOUNT, REPAIR ANY DAMAGE CAUSED IN THE LAND PLOT. 

 
 D) RETURN THE SUBLEASED LAND PLOT WHEN THE SUBLEASE TERMINATES, IN THE SAME CONDITION AS
IT WAS RECEIVED WITHOUT ANY PHYSICAL ALTERATION OR MODIFICATION. 
  
 SEVENTH-
“THE SUBLESSEE” MAY NOT TRANSFER NOR CONVEY THE RIGHTS GRANTED TO IT BY THIS CONTRACT, NOR SUBLEASE THE SUBLEASED LAND PLOT. 
  
 EIGHTH.- “THE SUBLESSEE” APPOINTS THE DOMICILE LOCATED AT AV. VASCO DE QUIROGA NO. 3000, SECOND FLOOR, COL. LOMAS DE SANTA FE, DELEGACION ALVARO OBREGON, C.P.
01210, MEXICO, D.F. AS CONVENTIONAL DOMICILE. 
  
 NINETH.- THE ELECTRIC POWER,
GAS, WATER AND TELEPHONE SERVICES. VIGILANCE AND CLEANLINESS, SHALL BE SUBJECT TO THE PROVISIONS OF THE “OPERATIONS AGREEMENT”. 
  
 TENTH.- THE VALUE ADDED TAX AND ANY OTHER TAX OR DUTY CAUSED IN REGARD HEREOF, SHALL BE PAID BY “THE SUBLESSEE”. 
  
 ELEVENTH.-”THE SUBLESSEE” AGREES TO KEEP, DEFEND AND HOLD “THE SUBLESSOR”
HARMLESS IN REGARD TO ANY RESPONSIBILITY, INCLUDING FINES AND INTERESTS, OF WHICH “THE SUBLESSOR” IS REQUIRED TO PAY, DUE TO ANY ACT OR OMISSION OF “THE SUBLESSEE”, WHICH MAY RESULT IN A DIRECT OR INDIRECT MANNER FROM SAID
RESPONSIBILITY, FINE AND/OR INTERESTS. 
  
 TWELFTH.- UNLESS OTHERWISE PROVIDED
FOR, NO AMENDMENT, EXEMPTION OR EXCEPTION MADE TO THIS CONTRACT OR EXEMPTION TO ANY OF ITS PROVISIONS, SHALL BE VALID OR MANDATORY, UNLESS IT IS MADE THROUGH A WRITTEN AGREEMENT, SIGNED BY “THE SUBLESSOR” AND “THE SUBLESSEE”. 
  

 17 

 3 
  

 THIRTEENTH.- THIS CONTRACT SHALL BE RESCINDED DUE TO NONCOMPLIANCE OF ANY OF THE OBLIGATIONS PROVIDED FOR HEREIN, AND
IN THE OTHER EVENTS ON WHICH THE RESCISSION IS CONSIDERED AS NECESSARY OR LAWFUL, AS PROVIDED FOR BY THE LEGAL PROVISIONS. 
  
 IN REGARD TO THE INTERPRETATION OR CONTROVERSY HEREOF, THE PARTIES EXPRESSLY SUBMIT THEMSELVES TO THE “OPERATIONS AGREEMENT” PROCEDURE DEFINED THEREIN.

  
 ONCE THIS DOCUMENT WAS READ TO THE GRANTING PARTIES, WHO STATE THAT THEY ARE
AWARE OF ITS VALUE AND LEGAL FORCE, THEY RATIFY IT IN FOUR COUNTERPARTS, TWO FOR EACH ONE OF THE PARTIES, IN MEXICO CITY, ON JUNE 18, 1998. 
  

	
	             “THE
SUBLESSOR”,
 MISSION HILLS, S.A. DE C.V.

	
	 /s/ RAFAEL TORRES LOPEZ.

	 MR. RAFAEL TORRES LOPEZ.
 LEGAL REPRESENTATIVE.

	
	             “THE SUBLESSEE”,
 RHONE POULENC, S.A. DE C.V.

	
	 
	 MR. SALOMON TOBELEM,
 LEGAL REPRESENTATIVE

  

 18 

 EXHIBIT B 
  
 PRO FORMA 
 SUMMARY OF ANNUAL SERVICES MH 
 SUPPLIES 
  

															
	 	  	(A)
Usage
Per
Mt

	 	 	Rate
Per
Mt

	 	 	Metric
Tons
Purchased

	 	 	Metric
Tons
Contracted

	  	MI
Price

	 
	 Natural Gas - 16 Therms-Metric Ton
	  	(****	)	 	(****	)	 	(****	)	 	 	  	(****	)
	 Water - (****)-Metric Ton
	  	(****	)	 	(****	)	 	(****	)	 	 	  	(****	)
	 Electricity - (****)-Metric Ton
	  	(****	)	 	(****	)	 	(****	)	 	 	  	(****	)
	 Steam - (****) at (****)
	  	(****	)	 	(****	)	 	(****	)	 	 	  	(****	)
	 	  	 	 	 	 	 	 	 	 	 	 	  	
	

	 Labor and Supervision (B)
	  	 	 	 	(****	)	 	(****	)	 	 	  	(****	)
	 TOTAL UTILITIES AND LABOR SUPPLIED BY MHP-YEAR
	  	 	 	 	 	 	 	 	 	 	 	  	(****	)
	 Metric Tons Purchased
	  	 	 	 	 	 	 	 	 	 	 	  	(****	)

  

	(A)	Maximum amount of labor (see B below) and utilities used per metric ton of Product produced; should actual usage per metric ton be above these amounts, RP shall incur the expense
and shall reimburse MH for the difference between the maximum and the actual amounts incurred. The cost per metric ton of Utilities shall not be increased if volume of Product is less than (****) metric tons. For any period the Plant is shut down,
RP shall not be charged for electricity. 

  

	(B)	Labor and Supervision Breakdown: 

  

											
	 Tons Per
 Day

	 	 People

	 	 Monthly Pay
 w/Benefits

	 	 Days

	 	 Avg. Cost
 Per Day

	 	 Cost Per
 Metric Ton

	(****)	 	(****)	 	(****)	 	(****)	 	(****)	 	(****)
	(****)	 	(****)	 	(****)	 	(****)	 	(****)	 	(****)
	 	 	 	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	 	 	(****)

  

 23 

 * includes (****) lead operators, (****) operators, (****) packages, (****) utility/cleaning/raw material unloading
personnel and (****) QC personnel, within the battery limits. Outside the battery limits MH will provide utility, waste water and waste treatment, shipping, security and other services. 
  
 ** (****) shift supervisors 
  
 NOTE. THE COST PER METRIC TON FIGURES USED ARE EMPLOYED FOR ILLUSTRATIVE PURPOSES ONLY. RP SHALL PAY ALL COSTS ASSOCIATED WITH LABOR AND SUPERVISION PERSONNEL EMPLOYED BY
MH (NOT IN EXCESS OF (****) PERSONNEL) IRRESPECTIVE OF THE VOLUME OF PRODUCT PRODUCED. IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT (I) ONLY THOSE PERSONNEL ENGAGED IN PRODUCTION OF PRODUCT AND THE ANALYTICAL SERVICES (AS DESCRIBED IN SECTION 1(D))
SHALL BE SUBJECT TO THE LIMITATION OF (****) PERSONNEL DESCRIBED IN NOTE B ABOVE; AND (II) ALL OTHER PERSONNEL (INCLUDING, WITHOUT LIMITATION SHIPPING PERSONNEL) TO BE PROVIDED BY MH UNDER THIS AGREEMENT SHALL NOT BE COVERED BY SUCH LIMITATION.

  
 NOTE: ALL OTHER SERVICES AND UTILITIES TO BE PERFORMED BY MH PURSUANT TO THIS
AGREEMENT SHALL BE PAID BY RP. 
  
 NOTE: IH SHALL PAY RP FOR ALL SERVICES RENDERED
AND INVOICED TO RP, INCLUDING TAXES, EXCISE, OR OTHER CHARGES THAT RP MAY BE REQUIRED TO PAY, ON OR MEASURED BY THE SERVICES RENDERED TO RP. 
  

 24 

 EXHIBIT C 
  
 UTILITIES - SPECIFICATIONS 
  
 NATURAL GAS 
  

	 	•	 	Quantity: 6(six) Therms per MT product; 6 X 20,000 = 120,000 Therms, as measured by meter 

  

	 	•	 	Quality: 1,000 BTUs per 1,000 cubic feet minimum; normal 100 PSIG supply; clean, filtered non-burner plugging, and sulfur free (maximum 0.4 grains/100 cubic feet, or 0.001 weight percent) 

  

WATER 
  

	 	•	 	Quantity: 150 liters per MT product; 150 x 20.000 = 3,000.000 Liters, as measured by meter. 

  

	 	•	 	Quality: Potable; nominal 60 PSIG supply. 

  
 ELECTRICITY 
  

	 	•	 	Quantity: 350 KWH per MT product; 350 x 20,000 = 7,000.000 KWH, as measured by meter. 

  

	 	•	 	Quality: Industrial grade delivery system; 480 volt, 3 phase, 60 cycle. 

  
 STEAM 
  

	 	•	 	Quantity: 0.65 MT per MT of product; 0.65 x 20,000 = 13,000. MT, as measured by meter 

  

	 	•	 	Quality: Saturated; Treated with Food Grade compatible chemicals (if necessary) such that the steam is acceptable for use in direct contact with Food Grade materials; nominal 85 ATM
(125 PSIG supply) 

  
 All metering shall be covered by section 9 of
the Operations Agreement. All utilities shall be of the “uninterruptible” type. 
  

 25 

 EXHIBIT D 
  

Operations Manual 
 Chicago Heights
Facility 
  
 To come 
  

 26 

 EXHIBIT E 
  
 TRAINING OUTLINE FOR DCP-D PLANT AT MH, MEXICO 
  

	1)	Basic Operator Training (by MH) 

  

	 	•	 	Plant Rules, Policies, Procedures 

  

	 	•	 	Process Safety, Health, and Environmental Hazards and Controls 

  

	 	•	 	Chemical Process Fundamentals 

  

	 	•	 	Process Equipment Fundamentals 

  

	2)	Process Specific Training (by RH) 

  

	 	•	 	Process/Product Overview 

  

	 	•	 	Process Chemistry 

  

	 	•	 	Raw Materials Handling and Safety Procedures 

  

	 	•	 	Process Equipment and Flow 

  

	 	•	 	Operating Philosophy 

  

	 	•	 	Process Control Philosophy 

  

	 	•	 	Process Hazards and Controls 

  

	 	•	 	Quality Control Procedures and Specifications 

  

	 	•	 	Utilities Systems 

  

	3)	Job Specific Training by RH 

  
 Job Analysis and Detailed Operating Instructions for; 
  

	 	•	 	Raw Materials Unloading 

  

	 	•	 	Lime Slaking and Dilution 

  

	 	•	 	Acid Dilution and Redissolve 

  

	 	•	 	Reactor Batch Manufacture 

  

	 	•	 	Centrifuge Operation 

  

	 	•	 	Mill System Operation 

  

	 	•	 	Product Storage and Blend System 

  

	 	•	 	Packaging and Bulk Loading Systems 

  

	 	•	 	Waste System Operation 

  

 27 

 EXHIBIT F 
  
 DRAFT 
  
 PHOSPHORIC ACID 
 TRANSPORTATION

 EMERGENCY 
 RESPONSE 
  

 28 

 

 
  
 PHOSPHATES, HYDROCOLLOIDS and FOOD INGREDIENTS PLATFORM 
  
 Prospectus Plains Road 
 CN 7500 
 Cranbury, NJ
08512-7500 
 TEL.: (609) 860-4600 
 FAX: (609) 860 0356

  
 Physical Form & Appearance: 
  
 Colorless liquid. 
  
 Odor: 
  
 Odorless. 
  
 Effect with water: 
  
 Phosphoric Acid is
miscible with water. Can generate some heat of reaction. 
  
 Nature or Product:

  
 Non-flammable, slightly viscous liquid which can cause burns to skin or
eyes. May cause respiratory problems when hot. 
  
 HAZARDS

  
 FIRE 
  
 Phosphoric Acid will not burn but can react with some metals to produce flammable Hydrogen gas. Water can be used in fire fighting
activities. Extinguishing method should be suitable for surrounding fire. 
  
 EXPOSURE 
  
 Causes burns to skin and eyes. Fumes can be
irritating if material is hot. 
  
 ENVIRONMENT 
  
 Product may contaminate water. Prevent entry into water supply, storm or sanitary sewers.

  
 IN CASE OF ACCIDENT 
  
 GENERAL 
  
 Keep unnecessary people away. Isolate the area around the spill. Firelighters and emergency response personnel should wear full protective
gear including rubber boots. Self-contained breathing apparatus should be worn if Phosphoric Acid is heated by surrounding fire. Contact shipper, as soon as possible. 
  
 SPILL OR LEAK 
  
 Do not touch or walk thru spilled material. Shut off leak if possible without risk. 
  

 29 

 Small Spill: Phosphoric Acid can be neutralized with soda ash or lime. Approximately 7 lbs of soda ash or 4 lbs of
lime will neutralize 1 gallon of 75% Phosphoric Acid. The neutralized material should be shoveled up and placed in a plastic container for proper disposal. 
  
 Large Spill: Area around the spilled material should be diked to contain for recovery or neutralization if necessary. Keep non-essential persons away from the
area. Attempt to stop any further spill if possible without risk. The spilled Phosphoric Acid can be pumped into plastic drums, stainless steel tank trucks or neutralized for further disposal. Proper personal protective equipment should be worn at
all times during the clean up operations. Area should be neutralized with soda ash or lime following any clean up. Neutralization guidelines are shown under Small spill section. The use of a pH meter or pH paper can determine the effectiveness of
the neutralization activity. 
  
 FIRE: 
  
 Move the container from the fire area if you can do so without risk. If containers cannot be
moved, cool with water from the side until well after the fire is out. Phosphoric Acid will not burn but may generate flammable Hydrogen gas when reacted with some metals. Fight fire from upwind side and avoid breathing smoke. 
  
 EXPOSURE: 
  
 Remove to fresh air. If breathing is difficult administer oxygen. Remove contaminated clothing and rinse the exposed skin areas with plenty
of water for at least 15 minutes. In case of eye contact, immediately flush eyes with water for at least 15 minutes. Seek medical attention. 
  
 DECOMPOSITION 
  
 Phosphoric Acid is stable under normal handling, storage and shipping conditions. Reactions with some metals might result in the formation of flammable gas. Under extreme
heat conditions, oxides of phosphorus could be generated. 
  
 REACTIVITY 
  
 Hazardous polymerization will not occur. Avoid
contact with common metals. 
  
 DISPOSAL 
  
 State and local regulations should be followed regarding the disposal of Phosphoric Acid or
the neutralization products resulting from any clean-up activities. 
  
 REPORTING REQUIREMENTS 
  

	Spill	reporting requirements in the United States are set at 5000 lbs. or 380 gallons of 75% Phosphoric Acid. 

  

 30 

 EMERGENCY ASSISTANCE 
  
 Transportation emergencies should be immediately reported to: 
  

			
	SETIQ	  	91 (800) 00214
	DF y Zona Metropolitana	  	559-1588
	US CHEMTREC	  	800-424-9300
	Rhodia DART	  	800-334-7577
	
	[DISCLAIMER TO BE ADDED]

  

 31 

 EXHIBIT G 
  
 CONFIDENTIALITY DISCLOSURE AGREEMENT 
  
 WHEREAS MISSION HILLS S.A de C.V., a Mexican corporation (hereinafter called “RECIPIENT”) is interested in
obtaining certain proprietary confidential technical manufacturing, processing, and economic information, including, but not limited to technology, formulae, procedures. designs, discoveries, ideas, specifications, product standards, schedules and
marketing plans, whether patented or unpatented (hereinafter collectively called “INFORMATION”) which has been and is being developed by RHODIA INC, a Delaware, USA corporation, having its principal office at Prosperct Plains Road,
CN-7500, Cranbury, New Jersey 08512-7500 and/or RHONE-POULENC de MEXICO, S.A. de C.V., a Mexican corporation (hereinafter collectively called “DISCLOSER”) relating to DISCLOSER’S dicalcium phosphate product or Mexican dicalcium
phosphate plant. 
  
 WHEREAS, DISCLOSER possesses INFORMATION
relating to dicalcium phosphate (hereinafter referred to as “PRODUCT”) and the manufacturing process for dicalcium phosphate. 
  
 WHEREAS, DISCLOSER has requested that RECIPIENT provide certain utility, production, and other services to DISCLOSER’S Mexican dicalcium phosphate
plant and recipient is willing to provide such utilities, production, and other services. 
  
 WHEREAS, in order for RECIPIENT to carry out such utilities, production, and other services, it will be necessary for RECIPIENT to receive from DISCLOSER selected aspects of such INFORMATION relating to
DISCLOSER’S Mexican dicalcium phosphate plant and the PRODUCT, and 
  
 WHEREAS, DISCLOSER is willing subject to the terms and conditions hereinafter set forth to disclose selected aspects of such INFORMATION to RECIPIENT for the sole purpose providing utilities, production and other services on behalf of
DISCLOSER (“PURPOSES”) 
  
 NOW, THEREFORE, in order to
induce DISCLOSER to disclose said INFORMATION relating to PRODUCTS to RECIPIENT and for other good and valuable consideration. DISCLOSER and RECIPIENT hereby agree as follows: 
  

	 	1.	 RECIPIENT shall treat all of the INFORMATION received from DISCLOSER whether transmitted orally or in writing and/or samples received from DISCLOSER with a
confidentiality notice affixed (hereinafter “SAMPLES”), as confidential 

  

 32 

	 	 
regardless of when transmitted; use such INFORMATION only for the specific purpose(s) aforesaid and for no other purpose(s); not disclose such INFORMATION to
any third parties, and limit access to such INFORMATION to those of its officers, consultants and employees reasonably requiring same for the purpose(s) of this Agreement. RECIPIENT shall advise each of the persons to whom it provides access to
INFORMATION that such persons are strictly prohibited from making any use, publishing, or otherwise disclosing to others, or permitting others to use, any of the INFORMATION. RECIPIENT will require all of its officers, consultants and employees to
whom any INFORMATION is received to first execute an acknowledgment and adoption of the terms of this instrument. 

  
 RECIPIENT agrees that if SAMPLES are received from DISCLOSER, not to analyze or cause to be analyzed any SAMPLE, agrees not to provide any third parry
with any part of a SAMPLE and agrees, upon request of DISCLOSER or upon completion of the tests by RECIPIENT, to return to DISCLOSER or destroy all unused portions of the SAMPLES. 
  
 RECIPIENT and any other persons adopting this Agreement, acknowledge that any disclosure or misappropriation of any
INFORMATION in violation of this Agreement may cause DISCLOSER irreparable harm, the amount of which may be difficult to ascertain and, therefore, DISCLOSER shall have the right to a court order restraining any further disclosure or misappropriation
and for such other relief as is appropriate. Such right of DISCLOSER is in addition to the remedies otherwise available to DISCLOSER at law or in equity. 
  
 DISCLOSER does not warrant the completeness or accuracy of the INFORMATION which may be disclosed under this Agreement. 
  

	 	2.	The obligations of paragraph 1 shall not apply with respect to any INFORMATION (A) which was known to RECIPIENT on the date of disclosure by DISCLOSER, or (B) which, through no
fault of RECIPIENT, is or becomes published or otherwise comes within the public domain, or (C) otherwise properly becomes available to RECIPIENT from a source other than DISCLOSER, or (D) which is developed by RECIPIENT in the course of its
normal activities as demonstrated by its records, without reliance on DlSCLOSER’s disclosure(s). INFORMATION shall not be deemed within the foregoing exceptions if (i) it is specific and merely embraced by more general information in the
public domain or in Recipient’s possession or if ______ results from a combination of information pieced to reconstruct the INFORMATION from multiple sources, none of which show the whole combination, its principle of operation and/or method of
use. 

  
 If RECIPIENT is required by any
governmental agency, court or other quasi-judicial or regulatory body to provide any INFORMATION received under this Agreement. RECIPIENT shall not be deemed to be in violation of this Agreement for such disclosure provided that RECIPIENT shall, as
promptly as reasonably possible give 

  

 33 

 
notice to the DISCLOSER of the requirement to provide such INFORMATION so that the DISCLOSER, in its discretion, may contest the requirement to provide such
INFORMATION. 
  

	 	3.	The burden of showing that any of the INFORMATION is not subject to the obligations of Paragraph 1 shall rest with the RECIPIENT 

  

	 	4.	This Agreement shall be effective upon the last date of execution, below, and terminate upon decommissioning of DISCLOSER’S Mexican dicalcium phosphate plant except that
RECIPIENT’s obligations of confidentiality, nonuse and nondisclosure shall survive an additional ten (10) years from the termination date of this Agreement. 

  

	 	5.	Any disclosure of INFORMATION will be in accord with all governmental regulations including regulations controlling the export of technical data from the United States Department of
Commerce. 

  

	 	6.	This Agreement is personal to RECIPIENT and may not be assigned by RECIPIENT without the prior written consent of DISCLOSER, which consent may be withheld for any reason or no
reason. 

  

	 	7.	Any invention, discovery, design or improvement which is conceived of, developed or made in the course of or as a result of a business relationship between the parties, shall be
owned by the DISCLOSER. 

  

	 	8.	RECIPIENT shall obtain no rights of any kind, other than those expressly provided herein, in any INFORMATION by reason of this Agreement. All INFORMATION remains the property of
DISCLOSER. 

  

	 	9.	RECIPIENT is not authorized to take any copies of written material transmitted by DISCLOSER. Upon termination of this Agreement and upon DISCLOSER’s request in writing,
RECIPIENT agrees to return to DISCLOSER reports, drawings, material flow sheets or other written material transmitted by DISCLOSER to RECIPIENT hereunder, any part of which contains DISCLOSER’s INFORMATION as well as any copies or parts thereof
in the possession of RECIPIENT. 

  

	 	10.	This Agreement shall be binding upon and inure to the benefit of each of the parties, its successors, legal representatives, and assigns. This Agreement shall be assignable by
DISCLOSER. Insofar as RECIPIENT is concerned, it may not be assigned, without the written consent of DISCLOSER. 

  

	 	11.	This Agreement contains the entire agreement of the parties in respect of the subject matter hereof and will be construed in all respects in accordance with the laws of the State of
New Jersey. 

  

 34 

 Acceptance of the above terms shall be indicated by having this letter countersigned by an authorized
representative of RECIPIENT and returning one original to the attention of: 
  

							
	 	 	 	 	 Name:
	  	 Gary L. Ford

	 	 	 	 	 Title:
	  	 Senior Operations Counsel

	 	 	 	 	 	  	 Rhodia Inc.

	 	 	 	 	 Address:
	  	 CN 7500

	 	 	 	 	 	  	 Prospect Plains Road

	 	 	 	 	 	  	 Cranbury, New Jersey 08512

  
 Very
truly yours,  
  
 RHODIA INC.

  

							
	 	 	 	 	 By:
	 	 
	 	 	 	 	 Name:
	 	 
	 	 	 	 	 Title:
	 	 
	 	 	 	 	 Date:
	 	 

  

			
	RHONE-POULENC de MEXICO, S.A. de C.V.
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	 Date:
	 	 
	
	 AGREED AND ACCEPTED:

	
	MISSION HILLS, S.A. de C.V.
		
	 By:
	 	/s/ Rafael Torres Lopez
	 Name:
	 	 RAFAEL TORRES LOPEZ

	 Title:
	 	 LEGAL REPRESENTATIVE

	 Date:
	 	 JUNE 18th, 1998

  

 35 

 ADOPTION BY OFFICERS, CONSULTANTS AND EMPLOYEES OF RECIPIENT 
  
 The following persons, who are officers, consultants or employees of
RECIPIENT are persons to whom INFORMATION of DISCLOSER will be released. Each of said persons has read this Agreement in advance of receiving said INFORMATION, hereby adopts it, and agrees to be bound by its terms: 
  
  

					
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  
			
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  
			
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  
			
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  
			
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  
			
	  	  	 	 	  
	Signature	  	 	 	Date
	  	  	 	 	  
	Typed or Printed Name	  	 	 	  

  

 36FY 2005-2007 Management Long-Term Incentive Plan

 Exhibit 10.11 
  
 CADMUS COMMUNICATIONS CORPORATION 
  
 FY 2005-2007 Management Long-Term Incentive Plan 
 (As Corrected April 18, 2005 and November 9, 2005) 
  
 1. Purpose. This FY 2005-2007 Management Long-Term Incentive Plan (the “Plan”) of Cadmus Communications Corporation (the
“Company”) is implemented under, and as part of, the Company’s 2004 Key Employee Stock Compensation Plan (the “2004 Plan”). The Plan is intended to provide an additional means to attract and retain talented management and to
link a significant element of management’s compensation opportunity to measures of the Company’s performance extending over more than one year, thereby providing an incentive for successful long-term strategic management of the Company, to
improve shareholder value, and otherwise to further the purposes of the 2004 Plan. 
  
 2. Status as Subplan under the 2004 Plan; Administration. The Plan is a subplan implemented under the 2004 Plan, is adopted by the Human Resources and Compensation Committee of the Board of Directors of the
Company (the “Committee”) and will be administered by the Committee in accordance with the terms of the 2004 Plan and the Plan. All of the terms and conditions of the 2004 Plan are hereby incorporated by reference in the Plan. If any
provision of the Plan or an Agreement evidencing an Award hereunder conflicts with a provision of the 2004 Plan, the provision of the 2004 Plan shall govern. Capitalized terms used in the Plan but not defined herein shall have the same meanings as
defined in the 2004 Plan. 
  
 3. Certain Definitions. In
addition to terms defined above and in the 2004 Plan, the following are defined terms under the Plan: 
  
 (a) “Administrator” means the officers and employees of the Company responsible for the day-to-day administration of the Plan and to which other
authority may be delegated under Section 9(d). Unless otherwise specified by the Committee, the Administrator shall be the Senior Vice President of Human Resources. 
  
 (b) “Base Pay” means total scheduled annual base salary for a Fiscal Year, prior to deductions for contributions
to any 401(k) plan, health coverage, flexible spending accounts, life insurance, disability insurance or any other Cadmus sponsored pre-tax or deferred compensation plan, whether or not tax-qualified, and not including any bonus, commission,
incentive pay or other non-base compensation. 
  
 (c)
“Cause” means (i) if the Participant has an Employment Agreement defining “Cause,” the definition under such Employment Agreement, or (ii) if the Participant has no Employment Agreement defining “Cause,” the
Participant’s continued neglect of duty, willful and material misconduct in connection with the performance of his duties and obligations, or any other conduct of the Participant involving moral turpitude, commission of a crime or habitual
drunkenness or drug abuse, that would make retention of the Participant in his position with the Company or any Subsidiary prejudicial to the Company’s best interests. For purposes of this definition, no act or failure to act on the
Participant’s part shall be considered “willful” unless done, or omitted to be done, by the Participant not in good faith and without reasonable belief that his or her action or omission was in the best interest of the Company.

  
 (d) “Disability” means (i) if the Participant has an
Employment Agreement defining “Disability,” the definition under such Employment Agreement, or (ii) if the Participant has no Employment Agreement defining “Disability,” the Participant’s total and permanent disability
(within the meaning of Section 22(e)(3) of the Internal Revenue Code). 

 (e) “Employment Agreement” means a written agreement between the Company and a Participant
securing the Participant’s services as an employee for a period of time and in effect immediately prior to the Participant’s Termination of Employment or, if no such agreement is in effect immediately prior to the Participant’s
Termination of Employment, an agreement providing severance benefits to the Participant upon termination of employment in effect immediately prior to the Participant’s Termination of Employment (including for this purpose an agreement providing
such benefits only during a period following a defined change in control, whether or not a change in control in fact has occurred prior to such Termination of Employment). 
  
 (f) “Executive Officer of the Company” means any person who is a “covered employee” as defined in
Section 162(m)(3) of the Code (currently being the Chief Executive Officer or any person acting in such capacity) and each other employee for which his total compensation is required to be reported to the Company’s shareholders under the
Securities Exchange Act of 1934, as amended, by reason of such employee’s being among the four highest compensated officers (other than the Chief Executive Officer or any person acting in such capacity). 
  
 (g) “Fiscal Year” means the fiscal year or a designated partial
fiscal year of the Company. A Fiscal Year may sometimes be referred to by reference to the calendar year in which it ends (e.g., the fiscal year beginning July 1, 2004 may be referred to as the 2005 Fiscal Year and is designated as a partial year
beginning on October 1, 2004 for purposes hereof). Unless otherwise provided, each and any measurement or determination of satisfaction of any stated Performance Goal for the 2005 Fiscal Year shall take into account only the period from and
including October 1, 2004 through June 30, 2005 (e.g., in determining EPS, the results for the period July 1, 2004 through September 30, 2004 shall not be included). 
  
 (h) “Good Reason” means “Good Reason” or “Employee Cause” as defined in the Participant’s
Employment Agreement. If the Participant has no such Employment Agreement, no circumstance will constitute “Good Reason” for purpose of the Plan. 
  
 (i) “Participant” means a Key Employee participating in the Plan. 
  
 (j) “PBA” means Performance Units (with one Performance Unit representing One Dollar) awarded hereunder which are
hereby designated as Performance-Based Compensation Awards under the 2004 Plan and are potentially earnable by a Participant hereunder upon achievement of the Performance Goal(s) and other conditions to entitlement hereunder therefor. It is intended
that all Performance-Based Compensation Awards hereunder for Executive Officers of the Company be “performance-based compensation” within the meaning of Section 162(m)(4)(C) of the Code, and consequently the grant of the Award, the
establishment of the Performance Goal, the making of any modifications or adjustments and the determination of satisfaction or achievement of the Performance Goal shall be made during the period or periods required under and in conformity with the
requirements of Section 162(m) of the Code therefor. 
  
 (k)
“Performance Cycle” means the three consecutive Fiscal Years (or designated portions thereof) of the Company commencing July 1, 2004 over which a designated Award under the Plan potentially may be earned. Performance Cycles generally will
be periods comprising three consecutive Fiscal Years of the Company. The Performance Cycle is a Performance Period under Section 2.1(u) of the 2004 Plan. 
  
 (l) “Performance Cycle Earning Date” means a date no more than four months after the end of the Performance Cycle at which time the Committee
makes a final determination of the amount of Target Award earned with respect to the Performance Cycle in accordance with Paragraph 6(c) hereof. 
  
 (m) “Performance Goal” means the performance required to be achieved as a condition of earning 

  

 - 2 - 

 
all or part of an Award under the Plan. As specified in Section 6(a), for the Performance Cycle, the Performance Goal includes at least three components,
“Annual EPS Goals” and/or “Base Annual EPS” which will then determine the amount of the Award tentatively earned for each Fiscal Year of the Performance Cycle, “Annual Share Price Goals” which will determine whether
there is a reduction in the amount of the Award earned based on the Annual EPS Goal for a Fiscal Year, and a “Performance Cycle Share Price Goal” which will determine whether there is a restoration of any reduction in the amount of the
Award earned based on the Annual Share Price Goals. 
  
 (n)
“Pro Rata Portion” means a portion of a specified Award potentially earnable in a given Fiscal Year determined by multiplying such Award by a fraction, the numerator of which is the number of calendar days from the beginning of the Fiscal
Year until a specified Proration Date and the denominator of which is the number of calendar days in the Fiscal Year. 
  
 (o) “Retirement” means retirement at or after age 65. 
  

(p) “Target Award” means an Award granted pursuant to the Plan that potentially may be earned by a Participant in a given Performance Cycle.
Target Awards under the Plan consist of Performance Units and shall be settled only in cash. 
  
 (q) “Termination of Employment” means the earlier of (i) the Participant’s termination of employment with the Company or any of its subsidiaries or affiliates in circumstances in which, immediately
thereafter, the Participant is not employed by the Company or any of its subsidiaries or affiliates or (ii) the date as of which the Participant is designated by the Company or any subsidiary or affiliate as a change in status or consulting
employee.  
  
 4. Shares Available under the Plan.
No Stock shall be issuable or deliverable hereunder. 
  
 5.
Eligibility and Participation. Key Employees who are eligible to participate in the 2004 Plan may be selected by the Committee in its discretion to participate in the Plan. 
  
 Participation in the Plan shall be recommended by the CEO and determined by the Committee. Participation is subjective based on a review of
the applicable criteria, none of which is individually conclusive. The following criteria will be reviewed: 
  

	 	•	 	The Key Employee’s grade (weight given to grade 18 or higher); 

  

	 	•	 	The Key Employee’s role in strategy development and execution; 

  

	 	•	 	The Key Employee’s development potential; and 

  

	 	•	 	The Key Employee’s goals flow from the Plan. 

  
 In addition, as a general rule, the Key Employee should be employed by the Company or a Subsidiary in the first or second Fiscal Year in the Performance Cycle to be
considered. 
  
 The names of the Participants in the Plan for the Performance
Cycle, and the Target Award that may be earned by each Participant, shall be set forth on a Schedule therefor adopted by the Committee (as such Schedule may from time to time be revised or supplemented). 
  
 6. Designation and Earning of Awards. 
  
 (a) Designation of Participants, Target Awards, Performance Goals and
Related Terms. Not later than 90 days after the beginning of the Performance Cycle, the Committee shall (i) select the Key Employees to participate in the Plan, (ii) designate the components of the Performance Goals for the 

  

 - 3 - 

 
Performance Cycle, and (iii) designate for each Participant the Target Award the Participant shall have the opportunity to earn in the Performance Cycle.
Thereafter, the Committee may add a Key Employee as a Participant in the Plan provided such additional Key Employee is added not later than 90 days after the beginning of the Fiscal Year for which added and provided further that no portion of the
Target Award for such Key Employee may be based on performance in or allocated to any Fiscal Year prior to the Fiscal Year for which added as a Participant. Subject to Section 6(b), after initially set, the components of the Performance Goals for a
Fiscal Year may be changed not later than 90 days after the beginning of such Fiscal Year provided that any such change shall not affect the portion of the Target Award earned or vested for any Fiscal Year prior to the Fiscal Year to which the
change relates. 
  
 The Target Award potentially earnable by each Participant
shall range from zero to a multiple of Base Pay, subject to the following limitations: 
  

	 	•	 	In no event may the Target Award that may be potentially earnable by any one Participant in all Performance Cycles that begin in any one calendar year exceed the applicable annual
per-person limitation set forth in Sections 4.1 and 8.1 of the 2004 Plan; and 

  

	 	•	 	The maximum Target Award that may be granted shall be one and one-half times the Participant’s Base Pay rate in effect as of the date on which the Target Award is established,
unless the Committee specifies a lesser maximum. 

  
 The Annual EPS
Goals, the Annual Share Price Goals and the Performance Cycle Share Price Goal are intended to be a “Performance Goal” within the meaning of Section 2.1(t) of the 2004 Plan, in order to qualify the Target Award as “performance-based
compensation” under Section 162(m) of the Code. 
  
 The
Annual EPS Goal for a Fiscal Year in the Performance Cycle is a stated earnings per Share (“EPS”) amount for that Fiscal Year (Base Annual EPS), which may be set separately for each vesting level, with the levels of vesting driven by the
Base Annual EPS before recognition of Stock Plan Compensation Expense (the Annual EPS Goals) as determined pursuant to generally accepted accounting principles for the Company’s financial accounting reporting purposes. EPS means EPS from
continuing operations which exclude (i) the effect of discontinued operations and dispositions of business segments, (ii) material extraordinary items that are both unusual and infrequent, and (iii) changes in accounting principles. Stock Plan
Compensation Expense is the financial accounting expense associated with the 2004 Plan (including this Plan and the FY 2005-2007 Executive Long-Term Incentive Plan) and the 2004 Non-Employee Director Stock Compensation Plan. Base Annual EPS for a
Fiscal Year is budgeted EPS for that Fiscal Year unless, not later than 90 days after the beginning of that Fiscal Year, the Committee establishes a different EPS amount as the Base Annual EPS for that Fiscal Year. The performance goals for a
performance year may be changed in the first 90 days of that performance year. 
  
 The Annual Share Price Goal for a Fiscal Year in the Performance Cycle is the Fair Market Value (“FMV”) of a Share being equal to or greater than a stated amount at any time during the three calendar months
following the end of that Fiscal Year. The Performance Cycle Share Price Goal for the Performance Cycle is the FMV of a Share being equal to or greater than a stated amount at any time during the three calendar months following the end of the
Performance Cycle. 
  
 The Annual EPS Goals for Levels 1, 2 and 3
vesting under Step 1 below and Annual Share Price Goals for the 2005, 2006 and 2007 Fiscal Years, and the portions of a total Target Award allocated to each Fiscal Year and their applicability in earning the Target Award, shall be set forth on a
Schedule therefor adopted by the Committee (as such Schedule may from time to time be revised or supplemented), which Schedule (and any revisions or supplements thereto) shall be provided to Participants. 
  

 - 4 - 

	Step 1 -	Annual EPS Goal Calculation: No vesting occurs for a Fiscal Year if the actual EPS performance before recognition of Stock Plan Compensation Expense does not at least equal
the Level 1 Base Annual EPS goal for that Fiscal Year. If the actual EPS performance before recognition of Stock Plan Compensation Expense is at least equal to the Level 1 Base Annual EPS goal for that Fiscal Year, that Fiscal Year’s award
vests as follows (subject to Step 2). 

  

	 	•	 	Level 1 - 20% vesting if the Level 1 Base Annual EPS goal is achieved before recognition of Stock Plan Compensation Expense therefor. 

  

	 	•	 	Level 2 - 50% vesting if the Level 2 Base Annual EPS goal is achieved before recognition of Stock Plan Compensation Expense therefor. 

  

	 	•	 	Level 3 - 100% vesting if the Level 3 Base Annual EPS goal is achieved before recognition of Stock Plan Compensation Expense therefor. 

  
 Under an EPS catch-up rule (applicable in Fiscal Years 2 and 3), if actual
EPS performance is less than Level 3 vesting for Fiscal Year 1 or 2 and the actual EPS performance is more than Level 3 vesting for a later Fiscal Year in the Plan Term (i.e., Fiscal Year 2 or 3), the vested amount determined for the later Fiscal
Year may increase by applying the “excess” performance achieved over Level 3 vesting for that later Fiscal Year to any prior Fiscal Year (as though that excess performance were additional earnings in the prior Fiscal Year) for purposes of
vesting any unvested awards for an earlier Fiscal Year - so long as the prior Fiscal Year’s Base Annul EPS goal for a higher vesting level is (or levels are) met with the excess earnings added in. Any excess Catch-up Performance occurring in a
Fiscal Year is subject to the Share Price reduction under Step 2 below for that Fiscal Year (e.g., EPS Catch-up Performance in Fiscal Year 2 will be subject to Fiscal Year 2 Share Price reduction). Any excess EPS performance in Fiscal Year 3 will be
applied first to Fiscal Year 2, and then any remainder will be applied to Fiscal Year 1. Not more than the maximum announced award for the Plan Term allocated under Step 1 to Fiscal Years to date may be earned and vested under the EPS Catch-up
Performance rule at any time. 
  

	Step 2 -	Annual Share Price Goal Cutback Calculation: If the Annual Share Price Goal for a Fiscal Year is not met, the portion of the Target Award earned under Step 1 for that Fiscal
Year will be reduced by 20%. 

  

	Step 3 -	Performance Cycle Share Price Goal Restoration Calculation: If the Performance Cycle Share Price Goal is met, any 20% cutback under Step 2 in the portion of the Target Award
earned under Step 1 for each Fiscal Year will be restored, provided that not more than the maximum Target Award for the Plan Term may be earned and vested by application of the Performance Cycle Share Price Goal rule. 

  
 In addition, the Committee may at any time, in its discretion, specify additional performance
criteria (the “Additional Goals”) applicable to one or more years of the Performance Cycle. Additional Goals may be specified as a table, grid, or formula that sets forth the amount of the Target Award that will be earned upon achievement
of a specified level of performance during all or part of the Performance Cycle (subject to the requirement that the Performance Goal has been achieved). For purposes of Section 162(m) of the Code, the Committee is authorized to treat the maximum
Target Award as earned upon and to the extent provided above in connection with achievement of the Annual EPS and Annual Share Price Goals (as modified upon achievement of the Performance Cycle Share Price Goal), so specification of the Additional
Goals and related terms represents an exercise of negative discretion by the Committee. 
  
 (b) Adjustments to Performance Goal and Base Price/Change in Control Vesting Schedule. The Committee may provide for adjustments to the Performance Goal and the Base Price and the dollar and cent
increments for the Change in Control Additional Vesting Schedule, to reflect changes in accounting rules, 
  

 - 5 - 

 corporate structure (including Stock dividends, Stock splits or any other distribution on Stock that is not a cash
dividend) or other circumstances of the Company, for the purpose of preventing dilution or enlargement of Participants’ opportunity to earn a Target Award hereunder; provided, however, that no adjustment shall be authorized if and to the extent
that such authorization or adjustment would cause the Performance Goal not to meet the “performance goal requirement” set forth in Treasury Regulation 1.162-27(e)(2) under the Code. 
  
 (c) Determination of the Earned Target Award. Not later than
four months after the end of the Performance Cycle, the Committee shall determine the extent to which the Performance Goal for the earning of the Target Award was achieved during the Performance Cycle and the percentage of the Target Award earned by
each Participant for the Performance Cycle. The Committee shall make written determinations that the Annual EPS and/or Annual Share Price Goals and the Performance Cycle Share Price Goal, any Additional Goals and any other material terms relating to
the earning of all or any portion of the Target Award were in fact satisfied. The date at which the Committee makes a final determination of the amount of the Target Award earned with respect to a given Performance Cycle will be the
“Performance Cycle Earning Date” for the Performance Cycle. The Committee may adjust upward or downward the Target Award earned, in its discretion, in light of such considerations as the Committee may deem relevant (but subject to
applicable limitations of the 2004 Plan, as referenced in Section 6(a) of the Plan), provided that, with respect to a Participant who is an Executive Officer of the Company, no upward adjustment may be made if the Performance Goal has not been
achieved and adjustments otherwise shall comply with applicable requirements of Treasury Regulation 1.162-27(e) under the Code. 
  
 7. Effect of Termination of Employment and Change in Control. 
  
 (a) Termination Prior to Performance Cycle Earning Date and Prior to a Change in Control. 
  

	 	(i)	General Forfeiture Rule. Except to the extent set forth in subsection (ii) of this Section 7(a), upon a Participant’s Termination of Employment prior to the Performance
Cycle Earning Date and prior to a Change in Control, all unearned PBAs relating to the Performance Cycle shall cease to be earnable and shall be canceled and forfeited, and the Participant shall have no further rights or opportunities hereunder.

  

	 	(ii)	Termination due to Disability, Retirement or Death; Involuntary Termination by the Company Not for Cause Prior to a Change in Control. If Termination of Employment is due to
the Disability, Retirement or death of the Participant or if Termination of Employment is an involuntary separation of the Participant by the Company not for Cause prior to a Change in Control, the Participant shall be entitled to receive a portion
of the Target Award determined as follows: 

  

	 	(A)	Steps 1 and 2 of Section 6(a) shall be applied for each Fiscal Year, if any, in the Performance Cycle ending prior to the Participant’s Termination of Employment in order to
calculate the portion of total Target Award the Participant is otherwise determined to have earned under the Plan through such Fiscal Year based on actual performance compared to the Annual EPS and Annual Share Price Goals therefor,

  

	 	(B)	Steps 1 and 2 of Section 6(a) shall be applied for the Fiscal Year of the Participant’s Termination of Employment in order to calculate the portion of the total Target Award
the Participant is otherwise determined to have earned under the Plan for such Fiscal Year based on actual performance compared to the Annual EPS and Annual Share Price Goals therefor (including any Catch-up Performance determination), and the
amount so calculated shall be reduced to a Pro Rata Portion of such amount with the Proration Date (used to calculate the Pro Rata Portion) being the date of Termination of Employment, 

  

 - 6 - 

	 	(C)	Step 3 of Section 6(a) shall be applied only if the Participant’s Termination of Employment occurs in the last Fiscal Year of the Performance Cycle in order to calculate any
restoration of 20% cutbacks under Step 2 of Section 6(a), and the amount of restoration so calculated shall be reduced to a Pro Rata Portion of such amount with the Proration Date (used to calculate the Pro Rata Portion) being the date of
Termination of Employment, and 

  

	 	(D)	No Target Award shall be earned based on Steps 1, 2 and 3 of Section 6(a) based on performance in any Fiscal Year beginning after the Participant’s Termination of Employment.

  
 Notwithstanding the foregoing, if a Change in
Control occurs in the Fiscal Year in which the Participant’s Termination of Employment occurs, then such Participant who otherwise may be entitled to a vested Plan benefit shall be entitled, in lieu of any other payment under the Plan, to
receive a benefit under Section 7(b), provided that the amount so calculated shall be reduced by multiplying it by a fraction, the numerator of which is the number of whole and partial months occurring from the Participant’s Award Date through
the date of Termination of Employment, and the denominator of which is the number of whole and partial months occurring from the Participant’s Award Date through the date of the Change in Control. 
  
 Notwithstanding the foregoing, a Participant must maintain a satisfactory
level of performance through the Performance Cycle up to his Date of Termination in order to be eligible to earn all or any portion of his Target Award; and any Participant who is on a formal corrective action plan will not be eligible to earn any
portion of a Target Award; provided, however, that if the performance situation has been resolved by the end of the Performance Cycle (or any earlier Retirement, Disability, death or other Termination of Employment), the Participant will be eligible
to receive all or any portion of the earned Target Award in accordance with the Plan. 
  

	 	(iii)	Release. Any payment of a Target Award following Termination of Employment may be delayed by the Committee if the Participant’s Employment Agreement or any policy
of the Company then in effect conditions such settlement or severance payments upon the Company receiving a full and valid release of claims against the Company. 

  
 (b) Change in Control. In the event a Participant does not incur a Termination of Employment prior to the date
on which a Change in Control occurs, and in the event a Change in Control occurs prior to the Performance Cycle Earning Date, then the Participant shall be entitled, in lieu of any other payment under the Plan, to receive a percentage of the total
Target Award the Participant is eligible to earn equal to the sum of (i) and (ii), where (i) is 20%, and (ii) is the applicable percentage from the following Change in Control Additional Vesting Schedule based on the FMV of a Share on the date on
which the Change in Control occurs: 
  

				
	 FMV of a Share

	  	Additional
Percentage

	 
	 Under Base Price
	  	0	%
	 At least Base Price, but less than Base Price plus $1.00
	  	10	%
	 At least Base Price plus $1.00, but less than Base Price plus $2.00
	  	20	%
	 At least Base Price plus $2.00, but less than Base Price plus $3.00
	  	30	%
	 At least Base Price plus $3.00, but less than Base Price plus $4.00
	  	40	%
	 At least Base Price plus $4.00, but less than Base Price plus $5.00
	  	50	%
	 At least Base Price plus $5.00, but less than Base Price plus $6.00
	  	60	%
	 At least Base Price plus $6.00, but less than Base Price plus $7.00
	  	70	%
	 Base Price plus $7.00 or higher
	  	80	%

  

 - 7 - 

 The Base Price shall be established by the Committee at the same time as the Performance Goals are established and shall
be set forth on the Schedule containing the Performance Goals (as such Schedule may from time to time be revised or supplemented), which Schedule (and any revisions or supplements thereto) shall be provided to Participants. The Base Price may not be
increased after the date the Change in Control occurs. Settlement of the Award shall occur not more than 90 days after the Change in Control occurs. 
  
 8. Settlement of Earned Awards. Subject to applicable tax withholding requirements, the Company shall pay in cash the value of all vested
Performance Units. Such payment shall be made within a reasonable time after the Performance Cycle Earning Date for such Award or such other time at which time the Committee makes a final determination of the number of Performance Units earned with
respect to the Performance Cycle. 
  
 9. General
Provisions. 
  
 (a) Tax Withholding. All
payments hereunder are subject to withholding or other payment by the Participant of applicable Federal, state, or local withholding or other tax or charge which the Company is required to deduct under applicable law in the manner provided in the
2004 Plan. 
  
 (b) Non-Transferability. Unless
otherwise determined by the Committee, neither a Participant nor any beneficiary shall have the right to, directly or indirectly, alienate, assign, transfer, pledge, anticipate, or encumber (except by reason of death) any Target Award, PBA or other
right hereunder, nor shall any such Target Award, PBA or other right be subject to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors of the Participant or any beneficiary, or to the
debts, contracts, liabilities, engagements, or torts of the Participant or any beneficiary or transfer by operation of law in the event of bankruptcy or insolvency of the Participant or any beneficiary, or any legal process. 
  
 (c) Changes to the Plan. Subject to the limitations of the 2004
Plan, the Committee may at any time amend, alter, suspend, discontinue, or terminate the Plan, and such action shall not be subject to the approval of the Company’s shareholders; provided, however, that, without the consent of an affected
Participant, no such action may materially impair the rights of such Participant under the Plan. The foregoing notwithstanding, the Committee may, in its discretion, accelerate the termination of any Performance Cycle and the resulting payout date
of any Target Award with respect to an individual Participant or all Participants. 
  
 (d) Delegation of Administrative Authority. The Committee may, in writing, delegate some or all of its power and responsibilities under the Plan to the Administrator or any other officer of the Company
or committee of officers and employees, except such delegation may not include (i) authority to amend the Plan under Section 9(c), (ii) with respect to any Executive Officer of the Company, authority under Section 6 or other authority required to be
exercised by the Committee in order that compensation under the Plan will qualify as performance-based compensation under Section 162(m) of the Code, or (iii) authority that otherwise may not be delegated under the terms of the 2004 Plan, the Plan,
or applicable law. In furtherance of this authority, the Committee hereby delegates to the Administrator, as from time to time designated, authority to administer the Plan and act on behalf of the Committee to the fullest extent permitted under this
Section 9(d). This delegation of authority to the Administrator shall remain in effect until terminated or modified by resolution of the Committee (without a requirement that the Plan be amended further). The authority delegated to the Administrator
hereunder shall include the authority to adopt such rules for the administration of the Plan as the Administrator considers desirable, provided they do not conflict with the Plan. 
  
 No individual acting as Administrator (including any member of the committee serving as Administrator) shall participate in a decision
directly affecting his or her own rights or obligations under the Plan, although participation in a decision affecting all Participants shall not be prohibited by this provision. 
  

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 (e) Non-exclusivity of the Plan. The adoption of the Plan shall not be construed as
creating any limitations on the power of the Board or Committee to adopt such other compensation arrangements, including other Awards under the 2004 Plan, as it may deem desirable for any Participant. 
  
 (f) Effective Date and Plan Termination. The Plan became
effective on November 9, 2004 (with the performance period in the 2005 Fiscal Year beginning on October 1, 2004), following its approval by the Committee, provided, however, that the effectuation of Awards hereunder are made expressly contingent on
approval of the 2004 Plan by shareholders of the Company as provided in the 2004 Plan. If the 2004 Plan is not so approved by shareholders, the Plan shall automatically terminate. Otherwise, the Plan will remain in effect until such time as the
Company and Participants have no further rights or obligations under the Plan or the Committee otherwise terminates the Plan. 
  
 (g) Non-Qualified Deferred Compensation. If the Plan is considered subject to the rules of Section 409A of the Internal Revenue Code, it is
intended that the Plan comply with the requirements of Section 409A(a)(2), (3) and (4), and consequently any payment or settlement otherwise called for under the Plan shall automatically be deferred or modified in order to comply therewith on such
basis as the Committee shall determine. 
  

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Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]