Document:

Amended and Restated Supply Agreement dated as of May 1, 2006

 Exhibit 10.29 
 AMENDED 
 AND 
 RESTATED 
 SUPPLY AGREEMENT 
 BETWEEN 
 NOUVEAU VERRE HOLDINGS LLC 
 PORCHER INDUSTRIES, S.A. 
 BGF
INDUSTRIES, INC. 
 CHAVANOZ S.A. 
 SHANGHAI - PORCHER INDUSTRIES 
 SOUVOUTRI S.A. 
 FOTHERGILL P.L.C. 
 THE OTHER
AFFILIATES OF PORCHER FROM 
 TIME TO TIME PARTY HERETO 
 AND 
 AGY HOLDING CORP. 
 Dated as of the Effective Date 

 SUPPLY AGREEMENT 
 This Amended and Restated Supply Agreement (this “Agreement”) is made as of the Effective Date (as defined in Section l(c)), by and between
NOUVEAU VERRE HOLDINGS LLC, a Delaware limited liability company, with offices at c/o BGF Industries Inc., 3802 Robert Porcher Way, Greensboro, North Carolina 27410 (“NVH” and in its capacity as the representative of the other Buyer
Companies pursuant to Section 12 hereof, “Buyer Agent”), PORCHER INDUSTRIES, S.A., a French société anonyme (“Porcher”), BGF INDUSTRIES, INC., a Delaware corporation (“BGF”), the
other Affiliates of Porcher listed on the signature pages hereto and such other Affiliates of Porcher who may become party to this Agreement pursuant to the terms of Section 14 hereof (such Affiliates, collectively with NVH, Porcher and BGF,
the “Porcher Group” and individually, each a “Buyer Company”) and AGY HOLDING CORP., a Delaware corporation, with offices at 2558 Wagener Road, Aiken, South Carolina 29801, or its successors and assigns (“AGY”;
and together with the Porcher Group, the “Parties”). 
 RECITALS: 
 A. The Parties are currently party to a Supply Agreement dated as of April 2, 2004 (the “Existing Supply Agreement”). 
 B. The Parties desire to amend the Existing Supply Agreement and to restate the terms of the Existing Supply Agreement, as amended, in their entirety, as
set forth herein. 
 C. AGY is a party to an Agreement of Merger dated as of February 23, 2006 by and among AGY, Kagy Holding Company,
Inc., and Kagy Acquisition Corp. (the “Merger Agreement”). 
 D. It is a condition to the closing of the transactions contemplated
by the Merger Agreement that this Agreement (or a letter of intent with respect thereto) shall have been executed in a form approved in advance by Kagy Holding Company, Inc., in its sole discretion. 
 E. The term of the Existing Supply Agreement expires on December 31, 2006. 
 NOW, THEREFORE, in consideration of the premises, the mutual covenants and conditions set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties hereto hereby agree as follows: 
  

	 	1.	SCOPE OF AGREEMENT. 

 (a) For many years, AGY
and its predecessors have been the Porcher Group’s largest single supplier and the Porcher Group has been the largest single customer of AGY. The Parties wish to perpetuate their close commercial relationship. This Agreement is to provide for
certain aspects of the commercial relationship between AGY and the Porcher Group. Other aspects of this commercial relationship are covered in other documents or are not covered by written agreements. The fact that this Agreement is silent about a
particular aspect of this relationship will not be interpreted negatively to the position of any party as to such aspect of the relationship. 
 (b) This Agreement applies to all products manufactured by AGY and sold to the Porcher Group except (i) G75 and E225 sold to Shanghai-Porcher Industries, (ii) BC150, (iii) waste products, and (iv) any other product that
the Parties mutually agree will be excluded from this 

 
Agreement. The products covered by this Agreement as of the date hereof are listed on Schedule 1, and the products listed on Schedule 1 (as it may be amended
from time to time with the consent of NVH and AGY) are referred to in this Agreement as the “Products.” Any product reflected in an Agreed Forecast (as such term is defined in Section 2(b)) will be deemed to have been added to
Schedule 1. Any product produced by AGY that is not qualified for sale to customers of a Buyer Company will not be considered a “Product” for any purpose hereof for any semester for which such product is not so qualified. Where the context
is not speaking of aggregate figures or does not otherwise require, each reference to Product means a Product for delivery in a specific region. When it is necessary to determine when and for how much a particular shipment of a Product has been
“sold” by AGY to a Buyer Company for purposes of this Agreement, the Product will be deemed to have been sold when AGY has issued an invoice for such Product to the applicable Buyer Company, and the purchase price for that Product will be
deemed to be the amount reflected on such invoice net of any applicable credits and similar reductions (except that the Parties may from time to time mutually agree that a particular order or orders that are placed by a Buyer Company within twenty
(20) days before or after the end of a semester should be allocated to the preceding or succeeding semester for purposes of Section 4(b)). 
 (c) If the Certificate of Merger (as defined in the Merger Agreement) has been duly filed with the Secretary of State of Delaware on or before December 31, 2006, then this Agreement shall be effective as of the
first Business Day (as defined in the Merger Agreement) of the month following the month in which such filing was made but if the Certificate of Merger has not been duly filed with the Secretary of State of Delaware on or before December 31,
2006, then this Agreement shall be effective as of January 1, 2007 (in either case, the “Effective Date”). For all purposes hereof, purchases of Products made by or for which a Buyer Company is given credit hereunder shall be counted
in all applicable calculations whether they occur before or after the Effective Date. 
  

	 	2.	ANNUAL FORECASTING. 

 (a) Attached hereto as
Exhibit A is the agreed-on forecast of the Porcher Group’s aggregate purchases of the Products from all suppliers (including AGY) and the amount of such aggregate purchases expected to be supplied by AGY for calendar year 2006 by Product and by
region. 
 (b) By September 30 of each year during the term, NVH will provide AGY with a preliminary proposed forecast for the next year
in the format of and containing the type of information in Exhibit A in relation to the expected purchases of the Products by the Porcher Group, except that the preliminary proposed forecast will only reflect one aggregate volume figure per product
for the forecast year. By November 30 of each year during the term, NVH will provide AGY with its refined proposed forecast (the “Porcher Group Forecast”) in the format of Exhibit A reflecting expected Porcher Group purchases per
Product per month for each region. It is understood that each forecast proposed by NVH will always reflect the Porcher Group purchasing from AGY or being given credit for purchasing from AGY (as provided herein) at least 45% of its aggregate total
purchases of all E Glass Products (as such term is defined in Schedule 1) for the applicable year. At approximately the same time as NVH delivers its refined proposed forecast for a given year, AGY will provide NVH with the amount of such aggregate
purchases that AGY proposes to supply to the Porcher Group (the “AGY Forecast”) in the format of and containing the type of information in Exhibit A. The Parties will endeavor in good faith to mutually agree on the forecast for the next
year by December 31 of each year during the term. If the Parties are able so to agree, the agreed-on forecast will become the “Agreed Forecast” for the next year; otherwise there will not be an agreed-on “Agreed Forecast”
for such year. 
  

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 (c) If in the course of negotiation and preparation of the Agreed Forecast (regardless of whether the
Parties are able to reach agreement on an Agreed Forecast), the total level of pounds represented by the AGY Forecast for all E Glass Products for the semester is less than 45% of the total level of pounds represented by the Porcher Forecast (in the
aggregate from all suppliers), then the Parties will mutually agree to the amount of the credit to be attributed to individual E Glass Products so that the total level of pounds represented by the AGY Forecast for all E Glass Products for the
semester equals 45% of the total level of pounds represented by the Porcher Forecast (in the aggregate from all suppliers) for the semester and the amount so agreed upon will constitute a “Forecast Credit Amount” for purposes of
Section 4(b)(ii). 
 (d) NVH will notify AGY wherever the Porcher Group believes an Agreed Forecast for a year should be updated or
revised, and AGY may elect to open negotiations to revise the Agreed Forecast, in which case the Parties will endeavor in good faith to agree on an update to the forecast (and if they do so agree the updated forecast will become the “Agreed
Forecast” for the then-current year). 
 (e) The Agreed Forecast for any year is merely a good faith projection of the Parties’
expectations and does not bind any party in any way (although the Agreed Forecast figures may be used in the calculations described in Sections 4(b) and 5(b)(i)). 
  

	 	3.	PRODUCT PURCHASES. 

 (a) Except as otherwise
provided herein, at any time when Section 5 (Minimum Availability) is not in effect, the Parties will continue their normal practices of order placement, establishment of terms, order acceptance, fulfillment and payment and the Parties may
evolve such practices as they mutually determine. NVH will have the right at its election to take title to Products ordered by any Buyer Company and to resell such Products to the Buyer Company placing the order, but in no event will such election
release the applicable Buyer Company from its liability to pay the purchase price and other applicable charges in respect of such Products to AGY. Notwithstanding the foregoing, (i) AGY shall submit invoices to the Buyer Companies on a monthly
basis, and (ii) payment for all purchases by BGF shall be made by wire transfer in immediately available funds to the account designated by AGY from time to time within fifteen (15) days of the date of such invoice. Any amount owed under
any invoice not paid when due by any Buyer Company shall bear interest at the rate of six percent (6%) per annum from the date due until paid. 
 (b) At certain times it may be important for NVH to show that AGY declined a particular order. If so, the burden will be on NVH to show that a Porcher Group entity submitted the order and AGY declined it based on price or availability. NVH
must make this showing (if necessary) by producing a writing signed by an appropriate AGY representative confirming that AGY declined the order or by producing a writing demonstrating that AGY failed to accept an order within two (2) Business
Days after the Porcher Group member placed it. In these circumstances, the Parties agree that they will each sign a “Declined Order Notice” in the form of Exhibit B. If NVH wishes to demonstrate that AGY declined an order based on price,
NVH must also show that it purchased the same product of a comparable quality for a comparable volume and application from another third party supplier at about the same time at the price AGY declined, and that the third party transaction was not an
Excluded Transaction Type such as a “spot” sale or the other kinds of Excluded Transaction Type described on Exhibit C. 
  

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 (c) At certain times it may be important for NVH to show that AGY chose not to or was unable to provide a
certain Product based on product qualification or quality considerations. NVH must make this showing (if necessary) by producing a “Disqualified Product Notice” in the form of Exhibit D for the applicable semester. If AGY agrees that it is
unable to provide the applicable Product in the applicable semester based on product qualification or quality considerations attributable to AGY, AGY agrees to countersign the applicable Disqualified Product Notice when NVH so requests. If the
Parties are not in accord as to whether the Product qualification or quality considerations are attributable to AGY, then the Parties will meet and endeavor in good faith to reach agreement on such matter. If for any reason NVH and AGY do not reach
agreement as to such matters by the 75th day after the end of the semester in which NVH requested that AGY sign a Disqualified Product Notice, the Parties will submit the resolution of their differences to arbitration pursuant to Section 20.

 (d) When AGY accepts an order it will be obligated to do so at its “most favored nation” price and terms, meaning the best price
and terms (taken as a whole and applied on a regional basis for sales within (i) Asia, (ii) Europe (including Russia), (iii) the North American and South American markets, and (iv) any other recognized market, respectively, and
applying as applicable the Price Equivalency Principles described in Exhibit E) it offers for the applicable Product to any competitor of the Porcher Group. Pricing offered in an Excluded Transaction Type as described on Exhibit C will not be
included in making this determination. To the extent that Exhibit E requires AGY to grant a Comparable Economic Benefit (as defined in Exhibit E) to a Buyer Company based on the availability of consignment terms from a competitor of AGY, AGY will
grant such Comparable Economic Benefit. 
  

	 	4.	LIQUIDATED DAMAGES. 

 (a) This Section 4
shall be effective only for any calendar semester for which Section 4 of the Existing Supply agreement is not in effect. Within thirty (30) days after the end of each calendar semester (i.e., thirty (30) days after each
June 30 and December 31) during the term, NVH will report to AGY the total purchases of the E Glass Products (as such term is defined in Schedule 1) by the Porcher Group from all suppliers and from AGY in dollars for the semester. If such
report reflects that the Porcher Group purchased from AGY 35% or more of its total Purchases of the E Glass Products in the applicable semester, no Liquidated Damages (as hereinafter defined) will be due with respect to that semester. If not, any
adjustments to the actual purchases will need to be determined and NVH will simultaneously submit its proof of any adjustments as described in Section 4(b). 
 (b) For purposes of determining whether Liquidated Damages will be due (and only for such purpose), the Porcher Group will be given credit for purchases of the E Glass Products that it makes (x) from third
parties during the applicable semester or (y) to the limited extent reflected in clause (vi) below, from AGY in the preceding two semesters as follows: 
 (i) If the Porcher Group purchased a given E Glass Product from another third party supplier under an order after AGY declined to fill the
same order based on price or availability, and NVH has the requisite Declined Order Notices as described in Section 3(b), 

  

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then the Porcher Group will be given credit for the purchase of the dollar amount of that order, provided that the Porcher Group will not receive credit for
aggregate purchases of any E Glass Product (from AGY and other suppliers) in any month in an amount that exceeds (A) if an Agreed Forecast exists for that year, 110% of the Agreed Forecast for that E Glass Product for that month or (B) if
no Agreed Forecast exists for that year, 100% of the average monthly dollar amount of that E Glass Product purchased by the Porcher Group from AGY in the previous semester. 
 (ii) Without double counting any amounts credited under clause (i), the Porcher Group will be given credit for any Forecast Credit Amounts
for the applicable semester. 
 (iii) If NVH needs to demonstrate that AGY declined to meet a competitive price, the Price
Equivalency Principles described on Exhibit E will be applied to deal with equivalency of payment terms, and the other matters described on the exhibit. 
 (iv) If the Porcher Group purchased a given E Glass Product from another supplier and AGY chose not to or was unable to supply such E Glass Product based upon product qualification or quality considerations, and NVH
has the requisite Disqualified Product Notices (or the final award in an arbitration described in Section 20 has determined that AGY should have signed the requisite Disqualified Product Notices), then the Porcher Group will be given credit for
having purchased that E Glass Product at a level of pounds equal to the average of the level at which the Porcher Group purchased or was credited with having purchased such E Glass Product in the last two full semesters prior to such semester in
which the calculation under this clause (iv) is then being made (not limited in this case by the Forecast). 
 (v) If AGY
was unable to produce and deliver an E Glass Product that the Porcher Group ordered or would have ordered because AGY was subject to a Force Majeure Event not otherwise described in this Section 4(b), then the Porcher Group will be given credit
for the purchases that would have been delivered by AGY but for the Force Majeure Event up to the AGY Forecast for the semester. The Parties recognize that it is impossible to predict how this clause (v) may apply (if at all) and that the
Parties will apply this clause (v) reasonably and only in the case of a material and significant interruption of AGY’s production. 
 (vi) If in either or both of the two semesters before the applicable semester the Porcher Group purchased or was given credit for purchasing from AGY more than 35% of its aggregate dollar purchases of E Glass
Products, then the excess amount purchased or credited over 35% may be carried forward to the applicable semester and the Porcher Group will be credited with having purchased the amount of the excess from AGY. It is understood that excess amounts
from a given semester may only be carried forward to the next succeeding two semesters and a carryforward amount may not itself create an excess amount that may be carried forward. Exhibit I illustrates this concept. 
 (vii) If AGY discontinues an E Glass Product, then in each subsequent semester after the discontinuance until AGY at its expense qualifies
a substitute product for such discontinued product for use in products sold to customers of the Porcher Group, the Porcher Group will receive credit for having purchased that E Glass Product at a level of pounds equal to the average of the level at
which the Porcher Group purchased or was credited with having purchased such E Glass Product in the last two full semesters prior to such discontinuance (not limited in this case by the Forecast). 
  

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 (viii) An example of how the Parties agree that the adjustment principles described in
this Section 4(b) would have operated in calendar year 2003 had this agreement been in effect for calendar year 2003 is attached hereto as Exhibit J. This Exhibit is purely illustrative, and is attached hereto to demonstrate that the Parties
have a mutual good faith basis of business understanding as to how these adjustment principles would have operated as applied in an actual recent example. 
 (c) If as of the end of any calendar semester beginning with the semester ended June 30, 2006 and ending with the semester ended December 31, 2009, the Porcher Group purchases and/or is credited with
purchasing from AGY an aggregate of 35% of its total purchases of E Glass Products by dollar amount for that semester, no Liquidated Damages will be due with respect to that semester; if not, then within sixty (60) days after the end of that
semester the Porcher Group will pay AGY Liquidated Damages calculated as follows: 
  

							
	Shortfall = 35% -	 		 	Liquidated Damages =
		 	Percentage of Porcher Group Total Purchases of E Glass Products by Dollar Amount Purchased from AGY or Given Credit for Purchasing from AGY (rounded to nearest one-tenth of one
percent).	 		 	$10,000 for each 0.1% Shortfall.

 For example, if the Porcher Group purchased E Glass Products from AGY or was given credit for purchasing E Glass
Products from AGY in a given semester constituting 31.2% of the Porcher Group Total Purchases of E Glass Products for such semester, then the Porcher Group would owe Liquidated Damages in the amount of Three Hundred Eighty Thousand Dollars
($380,000) for such semester (3.8 x $10,000). 
 (d) Within thirty (30) days
after the submission by NVH of its report of the purchases made and credits claimed by the Porcher Group for any semester, AGY will notify NVH as to whether it wishes to conduct any audit procedures pursuant to Section 11 to verify any aspects
of NVH’s report, and of the aspects of NVH’s report that AGY accepts. If after email and telephone consultation between AGY and NVH and the completion of any required audit procedures the Parties are not in accord as to the adjustments
that should be made to determine whether the Porcher Group is required to pay Liquidated Damages pursuant to Section 4(c) for the applicable semester and any credits that the Porcher Group is entitled to carry forward to future semesters, then
the Parties will meet and endeavor in good faith to reach agreement on such matters. If for any reason NVH and AGY do not reach agreement as to such matters by the 75th day after the end of the semester, the Parties will submit the resolution of their differences to arbitration pursuant to Section 20 and the date on which Porcher is obligated to pay Liquidated Damages shall be
tolled until such arbitration is concluded or the parties reach a mutually agreeable settlement. 
 (e) The Parties acknowledge and agree
that the actual damages AGY would incur if the Porcher Group fails to meet its minimum purchase obligations as specified herein would be difficult or impossible to ascertain and that the Liquidated Damages constitute a reasonable estimation of such
actual damages. 
  

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 (f) The obligation to pay Liquidated Damages shall be the joint and several obligation of each member of
the Porcher Group. 
 (g) In no event shall any member of the Porcher Group have any liability to AGY under this Agreement for failure to
purchase the Products except (i) for Products ordered in accordance with a purchase order submitted by such Porcher Group member under which AGY is not in material default or (ii) for Liquidated Damages pursuant to this Section 4, it
being agreed that direct damages for nonpayment for Products ordered by a Porcher Group member in accordance with a purchase order under which AGY is not in material default and the Liquidated Damages provided for by this Section 4 shall be the
exclusive remedy of AGY for any failure to purchase the Products by any member of the Porcher Group hereunder. In no event shall AGY or any member of the Porcher Group be liable for indirect, consequential or punitive damages hereunder. 

 

	 	5.	MINIMUM AVAILABILITY. 

 (a) NVH may give
notice to AGY that it wishes to commence a Minimum Availability Period as to any Product for any region included in the Porcher Forecast for the year in which the Minimum Availability Period occurs by notice to AGY given sixty (60) days before
the first Product delivery requested during the Minimum Availability Period. Once commenced, a Minimum Availability Period will continue until it is terminated by NVH by giving sixty (60) days’ advance notice of termination or by mutual
agreement of NVH and AGY. 
 (b) For any month during any Minimum Availability Period the Porcher Group may order up to the Minimum
Availability Percentage of AGY’s total production in pounds of the given Product for such month and AGY will accept each such order (which will then be a binding delivery obligation and take or pay order). Upon receipt by AGY of a notice of the
commencement of a Minimum Availability Period for a Product, AGY shall give written notice to NVH of AGY’s aggregate forecasted production of that Product for that calendar year in pounds. The Minimum Availability Percentage for a given Product
in a given year will be: 
 (i) if an Agreed Forecast has been agreed to for that year, the sum of (x) the percentage
determined by dividing the Agreed Forecast level of Porcher Group purchases for that Product from AGY as reflected in the Agreed Forecast for that year in pounds by the aggregate forecasted AGY production of that Product for that year in pounds,
plus (y) Five Percent (5%). 
 (ii) if no Agreed Forecast has been agreed to for that year, the sum of (x) the
percentage determined by dividing the aggregate Porcher Group purchases of that Product from AGY for the previous calendar year in pounds by the aggregate AGY actual production of that Product for the preceding calendar year in pounds, plus
(y) Five Percent (5%). 
 For example, under (b)(i) above, if the percentage determined by dividing the Agreed Forecast
level of Porcher Group purchases for that Product from AGY as reflected in the Agreed Forecast for that year in pounds by the aggregate forecasted AGY production of that Product for the year in pounds, is 42%, then the Minimum Availability
Percentage for that Product would be 42% + 5% = 47%. 
  

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 For the avoidance of doubt, as is always the case throughout this Agreement, Products as
used herein shall include both the E Glass Products and the S2 Glass Products. 
 (c) AGY’s sales to the Porcher Group will be at
AGY’s “most favored nation” pricing and terms determined and with the exclusions as described in Section 3(d). Following the determination of the level of pounds for each Product to be purchased for any month during the Minimum
Availability Period, NVH will have the option to allocate such pounds among the members of the Porcher Group based on the level of pounds of such Product purchased by each member of the Porcher Group for the preceding semester. If such allocation is
not in accordance with the level of pounds purchased by each member of the Porcher Group for the preceding semester, AGY shall have the option to calculate the pricing on a weighted average price (plus any corollary costs resulting from the
allocation) based on the level of pounds of such Product purchased by each member of the Porcher Group for the preceding semester. 
  

	 	6.	CERTAIN PURCHASE PRICE REBATES. 

 (a) To
provide an incentive to the Porcher Group to purchase the maximum level of Products from AGY, AGY will grant the Porcher Group a purchase price rebate in the amount shown on Exhibit F, during any calendar year during the Term that the Porcher Group
has purchased not less than forty-five percent (45%) (by dollar amount) of the E Glass Products (as such term is defined in Schedule 1) from AGY when compared to all of its purchases of the E Glass Products from all suppliers. In addition,
although not necessary to earn a purchase price rebate as described herein, the Porcher Group agrees to have as a goal to purchase from AGY not less than the desired AGY market share (as measured in pounds) of each individual Product set
forth on Exhibit G. Any order submitted by a Buyer Company for E Glass Products that (i) is the subject of a “Declined Order Notice” pursuant to Section 3(b), or (ii) is the subject of a “Disqualified Product
Notice” pursuant to Section 3(c) or determined in arbitration to have been declined by AGY for the reasons described in Section 3(c), shall be counted as having been purchased by the Porcher Group in determining whether the purchase
price rebate has been earned. 
 (b) Within thirty (30) days after the end of any calendar year, NVH will (if it believes that it
qualified for a rebate during such year pursuant to this Section 6), submit to AGY its calculation of its (i) total market share of the E Glass Products purchased from AGY (by dollar amount) for such calendar year, and (ii) market
share for each individual Product set forth on Exhibit G (as measured in pounds). If after email and telephone consultation between AGY and NVH and the completion of any required audit procedures the Parties are not able to agree on the amount of
any rebate to be granted to the Porcher Group pursuant to this Section 6, then the Parties will meet and endeavor in good faith to reach agreement in such matters. NVH and AGY will use all reasonable commercial efforts to reach agreement as to
such matters by the later of (x) January 31 of the applicable year or (y) fifteen (15) days after NVH’s submission of its calculations and the components thereof, but if for any reason they do not, then on the later of such
two dates the Parties will submit the resolution of their differences to arbitration pursuant to Section 20 and the date on which AGY is obligated to pay the purchase price rebate shall be tolled until such arbitration is concluded or the
parties reach a mutually agreeable settlement. 
  

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 (c) The Parties recognize that it is conceivable that quality problems attributable to AGY will arise
that should equitably be taken into account in calculating any rebate that the Porcher Group should be given for purposes of this Section 6. If so, the Parties agree to negotiate in good faith to reach agreement on an equitable resulting
adjustment to the figures described in this Section 6. 
 (d) If it has been necessary to resort to arbitration to determine any aspect
of the determination of the amount of rebate to which the Porcher Group is entitled for the applicable year, and the final arbitral award determines that the applicable rebate amount was between 95% and 105% of the rebate amount that would have
resulted from NVH’s original submission of its calculation pursuant to Section 6(b), then AGY shall pay the Porcher Group an additional rebate in the amount of interest that would have accrued on the final rebate amount from
January 31 of the year in which such rebate would have otherwise been due to the date of actual payment of the applicable rebate amount, calculated at the rate of six percent (6%) per annum. 
 (e) In the event that any invoice owed by any Buyer Company is thirty (30) days or more past due, AGY’s obligation to pay the purchase price
rebate shall be tolled until such time as no outstanding invoice owed by any Buyer Company is thirty (30) days or more past due. In addition, in the event that any amount under any invoice owed by any Buyer Company is sixty (60) days or
more past due, AGY shall, at its option, be entitled to offset the amount of any purchase price rebate then due or thereafter coming due for the current calendar year or any preceding or subsequent calendar year against such past due amount, and for
that purpose each Buyer Company individually agrees that any purchase price rebate or portion thereof to which it may be entitled shall be subject to offset on account of a default by itself or any other Buyer Company. AGY shall give notice to NVH
of any amount offset pursuant to this Section 6(e) and the amount so offset shall satisfy the obligations of the applicable Buyer Company under the applicable invoice to the full extent of such offset. In the event that any rebate owed
hereunder is sixty (60) days or more past due, any Buyer Company shall, at its option, be entitled to offset the amount of such rebate against any amount owing under any invoice from AGY then due or thereafter coming due for the current
calendar year or any preceding or subsequent calendar year, and for that purpose AGY agrees that any invoice issued by it to any Buyer Company shall be subject to offset on account of a default in the payment by AGY of any rebate under this
Section 6. NVH shall give notice to AGY of any amount offset pursuant to this Section 6(e) and the amount so offset shall satisfy the obligations of AGY to pay the applicable rebate to the full extent of such offset. 
 (f) AGY shall send a check payable to the order of Porcher Industries, S.A., in the amount of any rebate finally agreed upon or otherwise determined as
provided in this Section 6, within thirty (30) days after the amount of such rebate has been finally agreed upon or otherwise determined. Such rebate check shall be sent to the following address or such other address specified by Porcher
in writing: 
  

							
		 		 	 Porcher Industries SA
 75 RN85
 38300 Badiniers
 France
	 	

  

	 	7.	TERM; CONTRACT YEAR. 

 7.1 Term. This
Agreement shall continue in full force and effect through and including December 31, 2009 (the “Initial Term”). 
  

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 Prior to December 31,2008, Buyer Agent and Seller shall negotiate in good faith the terms of a
one-year renewal term of this Agreement (the “Initial Renewal Term”). If the Parties do not reach an agreement to extend this Agreement beyond the Initial Term on or prior to December 31, 2008, this Agreement shall terminate at the
end of the Initial Term. 
 Following the expiration of the Initial Renewal Term (if any) this Agreement shall continue for annual
consecutive terms, unless terminated effective December 31 of the next annual term by Seller or Buyer Agent upon not less than twelve (12) months’ prior written notice to the other delivered prior to the end of any such annual term.

 The Initial Term, together with all renewal periods, if any, is referred to herein as the “Term.” 
  

	 	8.	TITLE AND RISK OF LOSS. 

 The Products sold
pursuant to this Agreement shall be delivered to the applicable Buyer Company at the direction of such Buyer Company, and title and risk of loss shall pass to such applicable Buyer Company (i) for Products delivered within North America, at the
time the Product leaves Seller’s control at its facility, (ii) for Products delivered within Europe, at the time the Product is delivered to the applicable Buyer Company’s facility (D.D.P. or D.D.U. as indicated on the purchase
order); or (iii) for Products delivered within Asia, at the time the Product crosses the ship’s rail at the port of departure (CIF as indicated on the purchase order). 
  

	 	9.	FORCE MAJEURE. 

 No party shall be liable to
another party for delay or failure to perform in whole or in part, by reason of contingencies or events which: (i) are beyond the reasonable control of the party whose performance is affected, (ii) are unforeseeable, and (iii) could
not have been reasonably prevented, whether herein specifically enumerated or not (a “Force Majeure Event”). These contingencies include, among others, act of God, act of war, act of terrorism, revolution, riot, acts of public enemies,
fire, explosion, breakdown of plant, strike, lockout, labor dispute, casualty or accident, earthquake, flood, cyclone, tornado, hurricane or other windstorm, contingencies interfering with the production or with customary or usual means of
transportation of the Products or of any raw materials of which the Products are a product, or by reason of any law, order, proclamation, regulation, ordinance, demand, requisition or requirement or any other act of any governmental authority,
foreign or domestic, local, state or federal (provided that the Force Majeure Event does not arise due to or is connected in any way with a violation by a party hereto of any law, order, proclamation, regulation, ordinance, demand, requisition or
requirement of any governmental authority). A party so affected by a Force Majeure Event shall: (i) promptly give written notice to the other party whenever such contingency or other act becomes reasonably foreseeable (including an estimate of
the expected duration of the Force Majeure Event and its probable impact on the performance of such party’s obligations hereunder); (ii) exercise all reasonable efforts to continue to perform its obligations hereunder; (iii) use its
commercially reasonable best efforts to overcome or mitigate the effects of the contingency as promptly as possible and (iv) promptly give written notice to the other party of the cessation of such contingency. Neither party, however, shall be
required to resolve a strike, lockout or other labor problem in a manner which it alone does not deem proper and advisable. In no event shall any Force Majeure Event excuse a party’s failure to pay when due any monetary obligation hereunder.

  

 10 

	 	10.	CONSIGNMENT OF PRODUCTS. 

 AGY agrees to work
with the Porcher Group to develop a Vendor Managed Inventory (“VMI”) program for AGY products sold to BGF. The Parties agree to identify a process for VMI to include a clear description of the VMI process as well as agreeing upon a process
flow diagram. The VMI program will include the concepts described in Exhibit H. The Parties agree to begin work on developing the VMI program promptly after the Effective Date and to use best efforts to have consignment stock in place prior to
January 1, 2007. 
  

	 	11.	AUDIT RIGHTS. 

 11.1 NVH and each Buyer
Company shall maintain accurate books of account and records that directly relate to each Buyer Company’s Product requirements, the purchases of Products hereunder, the calculation of any credits, any third-party pricing proposals that relate
to the establishment of a competitive price for any Product or any other information related to the completion of documentation required hereunder (collectively, the “Buyer Company Records”). The Buyer Company Records shall be maintained
centrally at Porcher’s corporate headquarters in Badinieres, 38300, France. 
 11.2 AGY shall have the right to request that a
nationally-recognized certified public accounting firm conduct an audit of the Buyer Company Records no more frequently than two (2) times during any calendar year during the Term and during the six-month period following expiration of the Term
for any reason. Each such request shall be made no later than sixty (60) days following the expiration of any semester occurring prior to the expiration of the Term or sixty (60) days following the expiration of the Term. Prior to
beginning the audit, such audit firm shall execute a confidentiality agreement in the form reasonably requested by NVH and the report of such audit firm shall solely state the conclusion of such auditor as to whether the Buyer Companies have
complied with their obligations under this Agreement and shall not disclose any information regarding the identity of any other suppliers of the Buyer Companies. The fees and expenses of such audit shall be born by AGY unless such audit shows that
NVH or any Buyer Company has misrepresented any purchase or pricing information by more than five percent (5%), then in such case the fees and expenses of such audit shall be borne jointly and severally by Buyer Companies. The rights granted to AGY
under this Section 11.2 are subject to the following: (A) AGY must provide NVH with at least ten (10) days’ prior written notice before any audit and (B) the audit must be conducted at Porcher’s corporate headquarters
in France during Porcher’s normal business hours in a manner as not to unreasonably interfere with Porcher’s normal business activities. 
 11.3 NVH shall have the right, on behalf of Buyer Companies, to request that a nationally-recognized certified public accounting firm conduct an audit of AGY’s books and records that directly relate to the sale of Products no more
frequently than two (2) times during any calendar year during the Term and during the six-month period following expiration of the Term for any reason. Each such request shall be made no later than sixty (60) days following the expiration
of any semester occurring prior to the expiration of the Term or sixty (60) days following the expiration of the Term. Prior to beginning the audit, such audit firm shall execute a confidentiality agreement in the form reasonably requested by
AGY and the report of such audit firm shall solely state the conclusion of such auditor as to whether AGY has complied with its obligations under this Agreement and shall not disclose any information regarding the identity of any other customers of
AGY. The fees and expenses of such audit shall be borne by NVH unless such audit shows that AGY has misrepresented any relevant sales, output or pricing information by more than five 

  

 11 

 
percent (5%), then in such case the fees and expenses of such audit shall borne by AGY. The rights granted to NVH under this Section 11.3 are subject to
the following: (A) NVH must provide AGY with at least ten (10) days’ prior written notice before any audit and (B) the audit must be conducted at AGY’s corporate headquarters during AGY’s normal business hours in a
manner as not to unreasonably interfere with AGY’s normal business activities. 
 11.4 To the extent necessary, appropriate adjustments
will be made to the books and records of the Parties to reflect the actual results of the audit and the actual results shall be used to reconcile any errors in the immediately succeeding semester, including, without limitation, the recalculation of
Liquidated Damages (if any) for such semester. 
  

	 	12.	APPOINTMENT OF BUYER AGENT. 

 Each Buyer
Company hereby irrevocably designates and appoints Nouveau Verre Holdings LLC as its agent for purposes hereof and Nouveau Verre Holdings LLC hereby accepts such designation and appointment and agrees to act under this Agreement as the agent and
representative of itself and each other Buyer Company for all purposes under this Agreement. Each Buyer Company expressly authorizes the Buyer Agent to comply with and perform all applicable obligations of such Buyer Company under this Agreement and
agrees to be bound by the terms of and to comply with and perform all applicable obligations under each agreement or undertaking that NVH enters into in connection with this Agreement with the intent of binding such Buyer Company. 
 AGY may rely, and shall be fully protected in relying, on any and all notices, instructions and other communications, made or given by NVH, whether in
its own name, on behalf of any Buyer Company or on behalf of “the Buyer Companies,” and AGY shall have no obligation to make any inquiry or request any confirmation from or on behalf of any other Buyer Company as to the binding effect on
such Buyer Company of any such instruction, report, notice, information, or communication, nor shall any Buyer Company liability for the Products ordered by Buyer Agent for such Buyer Company be affected, provided that the provisions of this
Section 12 shall not be construed so as to preclude any Buyer Company from directly purchasing Products or taking other actions permitted to be taken by “a Buyer Company” or a member of the “Porcher Group” hereunder.

 NVH may not resign and/or assign its rights and obligations as agent without the prior written consent of AGY. 
  

	 	13.	DEFINED TERMS. 

 When used in this Agreement
the following terms shall have the following meanings (terms defined in the singular to have the same meaning when used in the plural and vice versa): 
 “Affiliate” means, with respect to any Person, any other Person, who, directly or indirectly, controls, is controlled by, or is under common control with, such Person. For purposes of this definition,
“control” means the possession, directly or indirectly, of the power to direct the management and polices of a Person, whether through the ownership of equity interests of such Person, by contract, or otherwise. 
 “Business Day” means any day other than a Saturday, a Sunday or a public or bank holiday in New York City. 
  

 12 

 “Person” or “person” means any individual, corporation, partnership, joint venture,
limited liability company, limited liability partnership, association, joint stock company, trust, unincorporated organization, or other organization, whether or not a legal entity, and any governmental authority. 
  

	 	14.	ADDITIONAL BUYER COMPANIES. 

 Porcher
covenants and agrees that it shall cause each of its Affiliates of which it owns directly or indirectly more than 50% of the voting interests, whether now in existence or hereafter created, that purchases any Products produced by AGY to execute and
deliver a joinder agreement, in form and substance satisfactory to AGY, pursuant to which such Affiliate shall become a “Buyer Company” hereunder and shall agree to be bound by all of the terms and provisions of this Agreement applicable
to Buyer Companies. With respect to any Affiliate that becomes a Buyer Company after the date hereof, following execution and delivery of such joinder agreement, such Affiliate shall be deemed to be a “Buyer Company” under this Agreement
as of the first day of the semester commencing immediately following the date of execution and delivery of a joinder agreement. 
  

	 	15.	DEFAULT. 

 This Agreement may be terminated
by either party if the other party materially defaults in its obligations hereunder and fails to cure such default within sixty (60) days after notice of the default is given by the non-defaulting party; provided, however, that in the event of
a payment default or the reasonable possibility of a payment default, AGY may elect to ship only on a cash-in-advance basis and take other reasonable measures to ensure payment, in addition to any other right or remedy under this Agreement or at law
or in equity. In the event of a material default by a party, the termination of this Agreement shall not be the sole remedy of the nondefaulting party. 
  

	 	16.	APPLICABLE LAW. 

 This Agreement shall be
governed by, and construed in accordance with, the laws of the State of New York applicable to a contract executed and performed in such state without giving effect to the conflicts of law principles thereof. 
  

	 	17.	AMENDMENTS. 

 This Agreement supersedes all
prior understandings, negotiations, and dealings between the Parties hereto with respect to the terms and conditions set forth herein. No agreement or understanding, oral or written, in any way purporting to modify the terms hereof shall be binding
on either party hereto unless contained in a written document expressly referring to this Agreement and duly executed by both AGY and NVH. 
  

	 	18.	SUCCESSORS AND ASSIGNS; ASSIGNMENT. 

 18.1
Successors and Assigns: Assignment. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Except as otherwise expressly provided herein, this Agreement shall
not be assigned by either party hereto without the express prior written consent of the other party, and any attempted assignment, without such consent, shall be null and void. 
  

 13 

 18.2 Permitted Assignments. Notwithstanding any non-assignment provisions contained in
Section 18.1 hereof, AGY, or any permitted assignee or transferee of AGY, may assign or otherwise transfer some or all of its rights and/or obligations hereunder (i) by way of collateral to any Person, or any assignee of such Person,
providing financing to AGY, AGY’s Affiliates, or to any such permitted assignee of AGY (collectively, the “Financing Sources”) or (ii) to any Person to which AGY, or any permitted assignee or transferee (including a Financing
Source) of AGY, assigns, sells, transfers or otherwise conveys all or substantially all of the assets of AGY (whether by merger, recapitalization, stock purchase, sale of assets or otherwise), provided that such acquiring Person agrees with and
acknowledges in writing to NVH and its permitted assignees or transferees, if any, that this Agreement shall be binding upon and enforceable against such Person as though such acquiring Person were AGY and that such Person shall perform all of
AGY’s obligations hereunder. 
 Notwithstanding any non-assignment provisions contained in Section 18.1 to the contrary, any Buyer
Company, or any permitted assignee or transferee of such Buyer Company, may assign or otherwise transfer some or all of its rights and/or obligations hereunder (i) by way of collateral to any financing source of such Buyer Company, (ii) to
any Affiliate of such Buyer Company, provided that (x) such Affiliate shall agree with AGY and its permitted assignees or transferees, if any, in writing to assume such Buyer Company’s obligations hereunder and (y) any such assignment
to an Affiliate of such Buyer Company shall not relieve such Buyer Company from its obligations hereunder or (iii) to any Person to which any Buyer Company, or any permitted assignee or transferee of such Buyer Company, assigns, sells,
transfers or otherwise conveys all or substantially all of the assets of such Buyer Company; provided that such acquiring Person agrees with and acknowledges in writing to AGY and its permitted assignees or transferees, if any, that this Agreement
shall be binding upon and enforceable against such Person as though such acquiring entity were a Buyer Company hereunder and that such Person shall perform all of such Buyer Company’s obligations hereunder. To the extent that assignment and/or
transfer of any of the rights, privileges, and/or obligations is permitted, this Agreement shall be binding on, and except as otherwise expressly provided, shall inure to the benefit of, the legal successors, assigns, or representatives of the
Parties. 
  

	 	19.	NOTICES. 

 All communications provided for
hereunder shall be in writing and shall be deemed to be given when delivered in person or by private courier with receipt, when telefaxed and received, or three (3) days after being deposited in the United States mail, first-class, registered
or certified, return receipt requested, with postage paid and, 
  

			
	If to AGY:	  	AGY Holding Corp.
		  	2558 Wagener Road
		  	Aiken, South Carolina 29801
		  	Fax: 803-643-1424
		  	Attention: Chief Executive Officer
		
	With a copy to:	  	AGY Holding Corp.
		  	2558 Wagener Road
		  	Aiken, South Carolina 29801
		  	Fax: 803-643-1424
		  	Attention: Chief Financial Officer

  

 14 

			
	If to a Buyer	  	Nouveau Verre Holdings, LLC
	Company or to NVH:	  	c/o BGF Industries Inc.
		  	3882 Robert Porcher Way
		  	Greensboro, North Carolina 27410
		  	Fax: 336-545-7715
		  	Attention: Mr. Philippe Dorier, Treasurer
		
	With a copy to:	  	Manatt, Phelps & Phillips, LLP
		  	7 Times Square
		  	New York, NY 10036
		  	Fax: 212-830-7354
		  	Attention: Peter F. Olberg, Esq.

 or to such other address as any such party shall designate by written notice to the other Parties hereto.

  

	 	20.	DISPUTE RESOLUTION. 

 All disputes arising out of or
in connection with the Agreement shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by three arbitrators. One arbitrator shall be selected by each of the Parties and the third arbitrator shall be
selected by such two selected arbitrators or appointed in accordance with the said Rules. The place of the arbitration shall be in Washington D.C. The prevailing party shall, in addition to any other relief, be entitled to recover its reasonable
attorneys’ fees incurred in connection with such arbitration from the nonprevailing party. 
  

	 	21.	MISCELLANEOUS. 

 21.1 Paragraph Headings;
Construction. The paragraph headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. This Agreement is a product of negotiation and shall not be
construed against either party as the drafter. 
 21.2 Severability. If any provision of this Agreement shall be declared by any court
of competent jurisdiction to be illegal, void or unenforceable, all other provisions of this Agreement shall not be affected and shall remain in full force and effect. 
 21.3 Amendment; Waiver. This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by AGY and NVH. No waiver by either party of any of the provisions hereof shall be
effective unless explicitly set forth in writing and executed by the party so waiving. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach. 

21.4 Survival. The provisions of Sections 4, 6, 8, 9, 11 and 15-21 of this Agreement shall survive any termination or expiration hereof with
respect to obligations accrued hereunder prior to such termination. 
 21.5 No Third Party Beneficiaries. This Agreement is entered
into solely for the benefit of the Parties hereto and no person other than the Parties hereto, or their permitted successors and assigns, shall be entitled to exercise any right or enforce any obligation thereunder. 
  

 15 

 21.6 Confidentiality. Each party shall maintain in confidence the terms of this Agreement except
as may be otherwise required by law. 
 21.7 Language. This Agreement is to be executed in the English language. 
 21.8 Publicity. Each of the Parties agrees not to use the name or trademarks or logos of the other party or its divisions or Affiliates in any
publicity, packaging, marketing materials or other promotional activities or materials without the prior written consent of the other party. 
 21.9 Consent to Jurisdiction. Without in any way limiting the exclusive reference to arbitration in Section 20, each of the Parties hereto irrevocably submits to the exclusive jurisdiction of the United States District Court for
the Southern District of New York located in the borough of Manhattan in the City of New York, or if such court does not have jurisdiction, the Supreme Court of the State of New York, New York County, for the purposes of any suit, action or other
proceeding arising out of this Agreement or any transaction contemplated hereby. Each of the Parties hereto, further agrees that service of any process, summons, notice or document by U.S. registered mail to such party’s respective address set
forth in Section 19 shall be effective service of process for any action, suit or proceeding in New York with respect to any matters to which it has submitted to jurisdiction as set forth above in the immediately preceding sentence. Each of the
Parties hereto, irrevocably and unconditionally waives any objections to the laying of venue of any action, suit or proceeding arising out of this Agreement or the transactions contemplated hereby in (a) the United States District Court for the
Southern District of New York or (b) the Supreme Court of the State of New York, New York County, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such action, suit or
proceeding brought in any such court has been brought in an inconvenient forum. 
 21.10 Counterparts; Facsimile Signatures. This
Agreement may be executed in counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument. This Agreement may be executed by facsimile signatures, each of which shall be
deemed an original. 
 21.11 Cancellation of Equity Forfeiture Provisions. AGY confirms, acknowledges and agrees that upon the
Effective Date, and without limiting any other term or condition hereof, except as expressly provided below, the provisions of Section 4 of the Existing Supply Agreement shall be of no force or effect and in no event shall NVH forfeit any
common stock owned by it in AGY or any proceeds thereof; provided that the provisions of Section 4 of the Existing Supply Agreement shall apply with full force and effect with respect to any calendar semester completed prior to the Effective
Date. On or about the Effective Date, AGY shall cause certificates representing the duly and validly issued shares of common stock of AGY owned by NVH to be delivered to NVH. From and after the Effective Date, AGY hereby consents to any amendment or
restatement of the operating agreement of NVH and of the bylaws of Nouveau Verre Holdings Inc. and agrees that AGY shall no longer have any consent or approval rights with respect to any such amendment. 
 21.12 Absence of Claims Under Existing Supply Agreement. Each of the Parties confirms that it knows of no claim (other than accounts receivable
incurred in the ordinary course of business) that it has against any other party arising from or based on the terms or conditions of the Existing Supply Agreement (without prejudice to the right of the Porcher Group to receive rebates as
contemplated hereby in respect of purchases of Products occurring in 2006 and prior to the Effective Date or to the right of AGY to collect payment of accounts receivable for orders accepted by AGY from the Porcher Group prior to the Effective
Date). 
  

 16 

 [Signature Pages Follow] 
  

 17 

 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed by
person authorized to bind their respective companies as of the date first above written. 
  

							
	SELLER:	 		 	
			
		 		 	AGY HOLDING CORP.
				
		 		 	By:	 	 /s/ Douglas J. Mattscheck

		 		 	Name:	 	Douglas J. Mattscheck
		 		 	Title:	 	President/CEO
	
	BUYER AGENT:
			
		 		 	NOUVEAU VERRE HOLDINGS LLC,
		 		 	as Agent
				
		 		 	By:	 	 /s/ Philippe L. Porcher

		 		 	Name:	 	Philippe L. Porcher
		 		 	Title:	 	President and Chief Executive Officer
	
	BUYER COMPANIES:
			
		 		 	PORCHER INDUSTRIES, S.A.
				
		 		 	By:	 	 /s/ Philippe L. Porcher

		 		 	Name:	 	Philippe L. Porcher
		 		 	Title	 	President of the Executive Board
			
		 		 	BGF INDUSTRIES, INC.
				
		 		 	By:	 	 /s/ Philippe L. Porcher

		 		 	Name:	 	Philippe L. Porcher
		 		 	Title:	 	Chairman of the Board and Chief Executive Officer
			
		 		 	NOUVEAU VERRE HOLDINGS LLC
				
		 		 	By:	 	 /s/ Philippe L. Porcher

		 		 	Name:	 	Philippe L. Porcher
		 		 	Title:	 	President and Chief Executive Officer

  

 18 

			
	CHAVANOZ S.A.
		
	By:	 	 /s/ Philippe L. Porcher

	Name:	 	Philippe L. Porcher
	Title:	 	Co-gérant
	
	SHANGHAI-PORCHER INDUSTRIES
		
	By:	 	 /s/ Philippe L. Porcher

	Name:	 	Philippe L. Porcher
	Title:	 	Director
	
	SOUVOUTRI S.A.
		
	By:	 	 /s/ Philippe L. Porcher

	Name:	 	Philippe L. Porcher
	Title:	 	Co-gérant
	
	FOTHERGILL P.L.C.
		
	By:	 	 /s/ Philippe L. Porcher

	Name:	 	Philippe L. Porcher
	Title:	 	Director

  

 19Amended and Restated Alloy Services Agreement

 Exhibit 10.30 
 AMENDED AND RESTATED ALLOY SERVICES AGREEMENT 
 This Amended and Restated Alloy Services Agreement
(this “Alloy Services Agreement”) is made as of September 16, 2003 by and between Advanced Glassfiber Yarns LLC (hereinafter “Buyer”) and OWENS CORNING, a company incorporated under the laws of the State of
Delaware and having its principal office at Owens Corning World Headquarters, One Owens Corning Parkway, Toledo, Ohio 43659 (hereinafter “OC”). 
 WITNESSETH 
 WHEREAS, Buyer and OC have entered into an Alloy Services Agreement dated as of
September 30, 1998, as amended by Amendment No. 1 thereto dated as of August 27, 2001, as amended, supplemented or otherwise modified through the date hereof (as amended, supplemented or otherwise modified, the “Original
Agreement”); 
 WHEREAS, OC and Buyer, together with certain of their respective affiliates, are debtors-in-possession in separate
reorganization cases under Chapter 11 of Title 11 of the United States Bankruptcy Code (each a “Reorganization Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”);

 WHEREAS pursuant to the terms of a Stipulation dated September 16, 2003 among OC, certain of its affiliates and the Company (the
“Stipulation”), OC and the Company have agreed, subject to Bankruptcy Court approval, (i) to execute and deliver this Alloy Services Agreement, the other Amended Contracts and New Agreements (each as defined in the
Stipulation), and to cause the execution and delivery of such agreements by each of their respective affiliates that are party thereto and (ii) to assume, in their respective Reorganization Cases, the Assumed Contracts (as such term is defined
in the Stipulation); 
 NOW, THEREFORE, in consideration of the premises and for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto hereby agree to amend and restate the Original Agreement as follows: 
  

	1.	ESTABLISHMENT OF ALLOY ACCOUNTS 

  

	 	A.	Pursuant to the Original Agreement, OC has established one or more alloy accounts (the “Accounts”) in favor of Buyer evidencing the amounts of platinum and rhodium
in alloy form originally purchased by Buyer pursuant to the Amended and Restated Asset Contribution Agreement, dated July 31, 1998 (the “ACA”) and to be serviced hereunder. 

  

	 	B.	OC will be responsible for maintaining and providing a monthly transaction summary for the Accounts. OC recognizes that the metals and alloy represented by the Accounts (other than
the leased alloy as provided in paragraph 4 below) is Buyer property and will not assign it as collateral for any financing and it remains the sole property of Buyer even in case of termination of this Agreement. 

	2.	ALLOYING/DE-ALLOYING OF PRECIOUS METALS 

  

	 	A.	OC agrees to combine for Buyer platinum and rhodium into H alloy, J alloy, U alloy, thermocouple wire and other alloys as may be required from time to time in amounts as agreed upon
by OC and Buyer in accordance with the requirements of Paragraph 2B herein. To direct OC to undertake alloying services, Buyer shall issue a purchase order to OC’s Alloy Manufacturing Operations in Concord, North Carolina. If Buyer issues an
oral purchase order, the oral purchase order shall be confirmed by Buyer in writing within five (5) business days of the issue date. OC shall acknowledge receipt of each purchase order and provide the estimated date of shipment for the items
covered by each purchase order. 

  

	 	B.	Any platinum and rhodium to be deposited by Buyer into the Accounts prior to alloying shall have a purity of 99.95% and 99.90, respectively. 

 Alloy metal in combined ingot form manufactured by OC hereunder shall have an alloyed purity of at least 99.7%. The attached Exhibit 1 provides for
an allowance for other elements which shall be acceptable in the purity levels. 
  

	 	C.	The fee schedule for alloying services shall be determined for each calendar year by OC and shall be announced to Buyer as soon before the beginning of each calendar year as is
practicable. The 2002/03 fee schedule for alloying is attached to this Alloy Services Agreement as Exhibit 2. The fees listed on Exhibit 2, paragraph A do not include inherent metal losses of the alloying process, which OC agrees will
be no more than to be 0.2%. Such inherent metal losses will be charged against and deducted from the Accounts. 

  

	 	D.	All billings for alloying services shall be rendered by OC on a monthly basis shall be on prevailing OC credit terms, currently net thirty (30) days. Remittances to OC shall be
made in U.S. Dollars by wire transfer to a bank to be determined by OC. Payment of fees for alloying services will be subject to an interest charge equal to the “base rate” of Citibank N.A. as announced from time to time (the “U.S.
Prime Rate”) plus 2.0% per annum beginning on the 31st day after the invoice date if not then paid in full. 

  

	 	E.	The alloying fees described in this paragraph 2 shall be in addition to any other charges described in this Alloy Services Agreement. 

  

	 	F.	De-Alloying services will be quoted on request. 

  

	3.	FABRICATION AND/OR REPAIR SERVICES 

  

	 	A.	At the request of Buyer, OC will provide fabrication and/or repair services for Parts using Buyer’s alloys in accordance with OC design specifications. For purposes of this
Alloy Services Agreement “Parts” means bushings, thermocouples and glass melter parts constructed from metal alloys. 

  

 2 

	 	B.	To direct OC to fabricate and/or repair one or more Parts, Buyer shall issue a purchase order to OC’s Alloy Manufacturing Operations in Concord, North Carolina specifying the
fabrication or repair services to be performed by OC. If Buyer issues an oral release, the oral release shall be confirmed by Buyer in writing within five (5) business days of the issue date. OC shall acknowledge receipt of each release and
provide the estimated date of shipment for the item(s) in the release. OC shall comply with the terms of Buyer’s purchase order which are consistent with the requirements of Section 3.A of this Agreement. 

  

	 	C.	The fee schedule for fabrication/repair services for the period October 1, 2001 through December 31, 2001 is set forth on attached Exhibit 6. The fees applicable
for fabrication/repair services for subsequent calendar years shall increase at the rate equivalent to the change in the Producer Price Index (PPI) for Metalworking Machinery and Equipment for the prior year measured on a November 1 though
October 31 basis. Further, Exhibit 2 sets forth the fee schedule for fabrication/repair services for certain Parts. 

  

	 	D.	Buyer and OC agree that fabrication of Parts will cause a loss of alloy not exceeding 0.45% of gross item weight. All such losses shall be charged against and deducted from the
Accounts. 

  

	 	E.	Fees for services to fabricate and/or repair furnace parts, viscometer parts, finshields, center supports, precision fin adjustors, tip plugs and other special orders will be quoted
by OC on request. 

  

	 	F.	OC and Buyer agree that Parts will be shipped no more than four (4) weeks from the date that an order is acknowledged (such four-week period being the “Committed Cycle
Time”). Notwithstanding the foregoing, once a month Buyer may place an order for one Part for shipment within one week. Buyer’s orders will be processed at least on a proportionate basis to OC’s own processing needs.

  

	 	G.	Billings for fabrication and/or repair services shall be rendered by OC on a monthly basis shall be on prevailing OC credit terms, currently net thirty (30) days from the day
of invoice. Remittances shall be made in U.S. Dollars by wire transfer or check to a bank to be determined by OC. Payment of fees for fabrication and/or repair services will be made by Buyer subject to an interest charge of U.S. Prime Rate plus
2% per annum beginning on the 31st day after the invoice date if not then paid in full. 

  

	 	H.	Billings for the cost of delivery of Parts to and from the airport for shipment to or receipt from Buyer (all of which shall be the responsibility of Buyer) shall be rendered by OC
on receipt of armored car services’ billings to OC. 

  

	 	I.	OC shall prepare and package Parts for shipment to Buyer in OC designed and provided reusable containers. Shipments will be made CPT, destination, airport basis. OC shall assist
Buyer in negotiating and obtaining best terms for freight 

  

 3 

	 	J.	As soon as practicable after receipt, but in no case exceeding fourteen (14) days after receipt, Buyer shall return the reusable containers to OC GIF, OC Manufacturing Facility
at Concord, North Carolina basis. Buyer may at each manufacturing location retain two (2) empty containers for its future use to return Parts for repair. 

  

	 	K.	The fabrication and/or repair and other fees described in this paragraph 3 shall be in addition to any other charges described in this Alloy Services Agreement.

  

	 	L.	For returns of used Parts, Buyer shall return such Parts CIF, OC Manufacturing Facility at Concord, North Carolina. Buyer shall package the used Parts in an OC reusable container
and Buyer shall comply with all other instructions provided by OC regarding the return of the Part. 

  

	4.	BRIDGE LEASING FOR POOL ACCOUNT 

  

	 	A.	Buyer agrees it is responsible to maintain at all times a balance in the Accounts to cover 110% of the purchase orders rendered hereunder (such percentage being the “Minimum
Amount”); provided that the Buyer shall only be required to maintain the Minimum Amount during the Committed Cycle Time of any such purchase order rendered hereunder. Should Buyer enter an order or orders for Parts which order or orders
result in one or more Accounts having a negative balance after considering the effect of the order(s), OC shall notify Buyer of the amount of alloy required to bring such negative Account or Accounts to a positive balance. Buyer shall be permitted
to modify existing orders, contribute additional alloy or lease alloys from OC in order to bring such negative Account or Accounts to a positive balance. In consideration thereof, Buyer agrees to pay to OC a lease fee in an amount calculated per the
applicable formula(s) set out in subparagraph B below. 

  

	 	B.	The applicable formula for lease fee determination for each alloy is as follows: 

 J Alloy Formula monthly charges:  
 The sum of (i) 
  

									
	(	 	 (J alloy leased x 76.5% Pt ratio) x (Pt mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 and (ii) 
  

									
	(	 	 (J alloy leased x 23.5% Rh ratio) x (Rh mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

  

 4 

 H Alloy Formula monthly charges:  
 The sum of (i) 
  

									
	(	 	 (H alloy leased x 90% Pt ratio) x (Pt mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 and (ii)  
  

									
	(	 	 (H alloy leased x 10% Rh ratio) x (Rh mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 TC Alloy Formula monthly charges:  
 The sum of (i) 
  

									
	(	 	 (TC alloy leased x 93.5% Pt ratio) x (Pt mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 and (ii)  
  

									
	(	 	 (TC alloy leased x 6.5% Rh ratio) x (Rh mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 U Alloy Formula monthly charges:  
 The sum of (i) 
  

									
	(	 	 (U alloy leased x 80% Pt ratio) x (Pt mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 and (ii) 
  

									
	(	 	 (U alloy leased x 20% Rh ratio) x (Rh mkt. price x lease rate %) x (emergency factor)
	 	)	 	x days in current month	 	
	 	360	 	 	 	

 Where: 
 J Leased = Quantity of J alloy leased in grams. 
 H Leased = Quantity of H alloy leased in grams. 

TC Leased = Quantity of TC alloy leased in grams. 
 U Leased = Quantity of U alloy leased in grams. 
 Pt Mkt. Price = Closing Price of platinum in U.S. dollars per gram at the close of
business in New York on the Metals Inventory Date in the month the negative balance occurs as published by Johnson & Matthey Inc. 
  

 5 

 Rh Mkt. Price = Average Closing Price of rhodium in U.S. dollars at the close of business in New York on
the Metals Inventory Date in the month the negative balance occurs as published by Johnson & Matthey Inc. 
 Lease Rate = 15%

 Emergency Factor = 1.05 
 The Metals Inventory
Date Schedule for 2003/04 is attached hereto as Exhibit 3. The Metals Inventory Date schedule for each subsequent year shall be communicated in writing as soon before the beginning of each calendar year as is practicable. Buyer shall
participate in the OC’s metals inventory process according to the Metals Inventory Date schedule. 
  

	 	C.	The lease fee shall be billed monthly for all months that Buyer’s Accounts are in negative status. All billings for bridge leasing shall be paid on prevailing OC credit terms,
currently net thirty (30) days, unless expressly modified by this Alloy Services Agreement. Remittances to OC shall be made in U.S. Dollars by wire transfer to a bank to be determined by OC. Payments of bridge leasing fees will be subject to an
interest charge equal to the U.S. Prime Rate plus 2.0% per annum beginning on the 31st day after invoice date if not them paid in full. 

  

	 	D.	Fees for bridge leasing described in this paragraph 4 shall be in addition to any other charges described in this Alloy Services Agreement. 

  

	 	E.	Buyer and OC may agree from time to time to change alloy compositions from those shown in the above formulae, and the appropriate percentages of platinum and rhodium shall be
substituted in the affected formula to determine the new alloy’s lease fee monthly payment. 

  

	 	F.	It is agreed that the bridge leasing provided for in this paragraph 4 is intended only for Buyer’s short term unexpected needs. Buyer agrees that any needs exceeding thirty
(30) days shall be satisfied by Buyer purchasing and depositing in the Accounts additional platinum and/or rhodium. 

  

	5.	OC ALLOY POLICIES 

 In addition to the provisions
contained herein, the agreements of the parties represented hereby shall be further subject to OC Alloy Policies AO A251 and A451 (the “Alloy Policies”), Exhibits 4 and 5 respectively. OC reserves the right to amend the Alloy
Policies at any time and from time to time on thirty (30) days’ prior written notice. To the extent there is a conflict between the terms of this Alloy Services Agreement and the Alloy Policies, the terms of this Alloy Services Agreement
shall control. 
  

	6.	METAL OPERATING LOSSES 

 During the normal course of
operating an alloyed part, there will be a percentage of alloy loss noted after the part is removed. This loss will be charged against and deducted from the Accounts. The charge for this loss will be the difference in part weight when shipped out
new less the used part weight when returned. OC shall account to Buyer for any alloys recovered on Buyer’s behalf using the same procedure as OC uses for its licensees and affiliates. 
  

 6 

	7.	EFFECTIVENESS; TERM 

  

	 	A.	The effectiveness of the terms and provisions of this Alloy Services Agreement, the other Amended Contracts and the New Agreements is subject to the occurrence of the Effective Date
(as such term is defined in the Stipulation). If the Effective Date does not occur, this Alloy Services Agreement, each other Amended Contract and each New Agreement shall be null and void ab initio and the relationship among the parties
under the Pre-Petition Agreements (as defined in the Stipulation) shall be deemed restored status quo ante. 

  

	 	B.	Subject to Paragraph 7.A., this Agreement shall be deemed effective as of September 30, 1998, provided that any modifications to the Original Agreement resulting from the
effectiveness of this Amended and Restated Alloy Services Agreement shall only be effective from and after and only in respect of periods following the Effective Date unless expressly provided otherwise hereunder. Unless earlier terminated as
provided herein, this Agreement shall continue in full force and effect for the period of ten years and three months through and including December 31, 2008 (the “Initial Term”). This Agreement is renewable at the option of
either party for consecutive terms of five years unless terminated by either party upon twenty-four (24) months, prior written notice. The Initial Term, together with all renewal periods thereof, is referred to hereinafter as the
“Term.” 

  

	8.	EXCLUSIVITY 

  

	 	A.	OC shall be Buyer’s exclusive provider of alloying services and fabrication and repair services with regard to Parts which are utilized by Buyer, except that during any
calendar year during the Term Buyer may obtain up to eight percent (8%) of its bushing fabrication services from any entity other than Buyer or OC (hereinafter referred to as a “Third Party”), provided that such eight percent
(8%) limitation shall not apply to Parts (i) that are not produced by OC as of the date hereof (“New Parts”), provided that improvements or modifications to any Parts produced by OC as of the date hereof shall not be
deemed to be New Parts or (ii) the demonstrated delivery times thereof (based on an average delivery times over a rolling 52-week period), as measured from the date of acknowledgement by OC of such order thereof, exceed five weeks.
Notwithstanding the foregoing, Buyer may not obtain any fabrication services from Third Party sources with regard to ST Patch Thermocouple technology. In the event that Buyer exceeds the eight percent (8%) of its bushing fabrication limit,
Buyer shall notify OC by January 31 of the ensuing year of the amount by which it exceeds the limit and shall pay OC’s lost profit margin for such amount. Exceptions to the limitations set forth in this Paragraph 8.A. shall be made by
mutual agreement of both parties acting reasonably in good faith. 

  

 7 

	 	B.	OC shall not, during the longer of the period extending through December 31, 2008 or the “Non-Compete Term” (as defined in the Amended and Restated Non-Compete
Agreement dated as of September 15, 2003 by and between OC and Buyer (as such agreement may be further amended, supplemented or otherwise modified, hereinafter the “Non-Compete Agreement”)): 

  

	 	1.	provide Parts to any Third Party who utilizes such Parts to manufacture “Restricted Products” (as defined in the Non-Compete Agreement) in competition with Buyer; or

  

	 	2.	without the prior written consent of Buyer: 

  

	 	a.	set in castable refractory for any Third Party bushings for the production of Restricted Products in competition with Buyer; or 

  

	 	b.	provide to or fabricate for any Third Party: 

  

	 	i.	alloy parts for paramelters; 

  

	 	ii.	S2 glass bushings; or 

  

	 	iii.	ST Patch thermocouples, tip-plate thermocouples, or tube thermocouples. 

  

	 	C.	In the event that OC fabricates any Parts for Taiwan Glass Ind. Corp. or any company controlling, controlled by, or under common control with, Taiwan Glass Ind. Corp. (collectively
“Taiwan Glass”), OC shall pay to Buyer a commission equal to five percent (5 %) of all “gross sales” of all Parts used for the manufacture of Restricted Products sold by OC to Taiwan Glass. For purposes of this Agreement,
“gross sales” shall mean the gross sales based on OC’s sales price to Taiwan Glass less quantity discounts and actual returns, but no deduction shall be made for uncollectible accounts and commissions. OC shall provide Buyer within
sixty (60) days after each of June 30 and December 31, reports setting forth for the preceding six (6) month period, the amount of Parts sold by OC to Taiwan Glass, the gross sales thereof, and the amount of commission due to
Buyer with respect to the foregoing. With each such commission report, OC shall include the payment of the commission due. Buyer shall have 180 days from receipt of the report to request such other reasonable supporting documentation relating to
selling prices and quantity (but not type) of Parts sold by OC to Taiwan Glass during such six (6) month period and to dispute the amount of the commission paid to Buyer for such period. 

  

	 	D.	 Notwithstanding Paragraph 8.B.1. and subject to the limitations in Paragraphs 8.B.2 and 8.C. above, OC may provide Parts to Third Parties on a build-to-print basis
(hereinafter “Third Party Design”). In order to protect Buyer’s intellectual property rights (including, but not limited to, Buyer’s trade secrets and the rights under the Master Patent and Know How Assignment dated
September 30, 1998 by and between OC and Buyer (hereinafter the “Assignment Agreement”) and 

  

 8 

	 	 
under the Patent and Know How License Agreement dated September 30, 1998, as amended by Amendment No. 1 thereto dated as of September 15, 2003
by and between OC and Buyer (as such agreement may be further amended, supplemented or otherwise modified, hereinafter the “License Agreement”)), however, OC shall not provide design or operational support for the performance
improvement for such Parts. 

 OC may modify a Third Party Design to be consistent with OC bushing fabrication processes,
provided that such modification are not to: 
  

	 	a.	the internal (gussets, tip plate) support system; 

  

	 	b.	the external (gussets, strengthening member) support system; 

  

	 	c.	the current injection system; or 

  

	 	d.	a screen. 

 In the event that OC desires to modify a Third
Party Design and the desired modification is one of the categories a. through d. identified above, OC shall provide written notice to Buyer: i) identifying such modification; and ii) including a certification (a sample is attached hereto as
Exhibit 7) by an OC representative, knowledgeable in the design of such Part, that the modification either will not produce an improvement in throughput, break level, yardage control, or bushing life or specifying the anticipated nature and
degree of any such improvement. Buyer shall have ten days to provide written notice that it objects to such modification. Any such objection shall not be made unreasonably. If Buyer does not timely give notice of an objection, OC may make such
modification to the Third Party Design. 
  

	 	E.	When considering requests from OC to perform services for Third Parties under Paragraph 8.B.2 or 8.C. above, Buyer agrees to act reasonably and in good faith when considering
whether to grant its consent to such requests. 

  

	9.	CONFIDENTIALITY 

  

	 	A.	Buyer shall not disclose any information relating to ST Patch to Third Parties from whom Buyer seeks fabrication services as set forth in Paragraph 8.A above.

  

	 	B.	 In connection with providing to Third Parties on a build-to-print basis Parts to be used to manufacture Restricted Products, OC will receive design information from
such Third Parties. OC and Buyer agree that their agreement to notify each other of potential Third Party infringement as set forth in Paragraph 6.8(a) of the License Agreement is subject to any agreement(s) between OC and such Third Parties
regarding OC’s fabrication services and therefore OC may not be able to provide the notifications contemplated by Paragraph 6.8(a). This shall not be construed to allow OC to omit the notice of a modification to a Third Party Design as set
forth above. OC and Buyer agree that the provision of such Parts by 

  

 9 

	 	 
OC to Third Parties, when provided in good faith compliance with the conditions set forth in this Alloy Services Agreement, shall not be considered to be a
breach of OC obligations under the License Agreement. 

  

	10.	INSURANCE 

 OC agrees to take reasonable precautions
where possible to minimize the risk of loss of precious metals in the Accounts while in the custody of OC. OC assumes all risk of loss for precious metals, whether in fabricated form or in the form of pure alloy or precious metals, while located at
OC manufacturing facilities. Buyer assumes all risk of loss at all other times and regardless of where located for all precious metals in the Accounts, whether in fabricated form or in the form of pure alloy or precious metals. Buyer shall remain
responsible to procure all appropriate insurance at its own expense for those losses for which it is responsible. 
  

	11.	WARRANTY/LIMITATION OF LIABILITY 

  

	 	A.	OC warrants that the Parts when delivered to Buyer shall conform to OC specifications and shall be free and clear of all liens and encumbrances. Any services rendered in connection
with the alloying of metals or the fabrication of Parts shall be performed in a workmanlike manner. OC further warrants that it shall have complied with all applicable laws, regulations, ordinances and codes and OC shall have obtained those permits,
licenses, approvals and certificates, reasonably necessary for the manufacture, packaging, storage and handling the Parts and the provision of such other services hereunder at OC’s manufacturing facilities. 

  

	 	B.	EXCEPT AS PROVIDED IN PARAGRAPH 11(A) HEREIN, OC MAKES NO OTHER REPRESENTATION OR WARRANTY OF ANY KIND WITH RESPECT TO THE SERVICES DELIVERED HEREUNDER, WHETHER EXPRESS OR
IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR USE OR PURPOSE, EVEN IF DISCLOSED TO OC, AND OC HEREBY DISCLAIMS ANY SUCH OTHER REPRESENTATION OR WARRANTY. 

  

	 	C.	OC’s sole liability with respect to the services provided by OC under this Alloy Services Agreement, and whether based upon breach of warranty, negligence, strict liability,
tort, breach of contract or any other theory, shall be limited to and shall in no event in the aggregate exceed the fees charged hereunder for the services sold hereunder. OC shall have no liability to any person other than Buyer by virtue of the
sale of the services hereunder and the other matters contemplated by this Alloy Services Agreement. 

  

	 	D.	 Buyer’s sole and exclusive remedy and the limit of OC’s liability for breach of the warranty set forth in paragraph 11(A), whether based upon breach of
warranty, negligence, strict liability, tort, breach of contract or any other theory, shall be, at OC’s option, (a) replacement of the non-conforming Parts, without charge, F.O.B. 

  

 10 

	 	 
Buyer’s manufacturing facility; or (b) refund of the purchase price paid in respect of such non-conforming Parts, plus commercially reasonably
charges in connection with the return or disposition of the non-conforming Parts. If OC elects to replace the non-conforming Parts, it shall do so at no cost to Buyer within seven days unless the parties agree otherwise. To effect this sole and
exclusive remedy, Buyer must make its claim for breach of warranty within 12 months of the date of shipment of the Parts, and any such claim not then made shall be irrevocably waived. 

  

	 	E.	THE FOREGOING IS THE ENTIRE OBLIGATION OF OC PURSUANT TO THIS AGREEMENT. OC SHALL NOT BE LIABLE PURSUANT TO THIS AGREEMENT FOR ANY CONSEQUENTIAL, SPECIAL, INCIDENTAL, INDIRECT OR
PENAL DAMAGES TO ANY PERSON, WHETHER BASED UPON BREACH OF WARRANTY, NEGLIGENCE, STRICT LIABILITY, TORT, BREACH OF CONTRACT OR ANY OTHER THEORY, OR FOR FAILURE TO PERFORM ITS OBLIGATIONS UNDER THIS ALLOY SERVICES AGREEMENT. ADDITIONAL, CONSEQUENTIAL,
SPECIAL, INCIDENTAL, INDIRECT OR PENAL DAMAGES SHALL NOT BE RECOVERABLE EVEN IF THE REPLACEMENT OR REFUND REMEDY FOR OC’S BREACH OF ITS LIMITED WARRANTY FAILS OF ITS ESSENTIAL PURPOSE OR FOR ANY OTHER REASON. 

  

	 	F.	No statement or recommendation made or assistance given by OC, or its representatives, either oral or in any literature or other documentation, to Buyer, its customers or any other
persons in connection with the services provided hereunder, shall constitute a waiver by OC of any provision hereof or affect OC’s liability as herein defined; and no such statement, recommendation or assistance that is not expressly required
by the provisions of this Alloy Services Agreement shall subject OC to any liability of any nature whatsoever. 

  

	12.	NON-ASSIGNABILITY 

 This Alloy Services Agreement
shall inure to the benefit of and be binding on the parties hereto and their respective successors and permitted assigns. Except as otherwise expressly provided herein, this Agreement shall not be assigned by either party hereto without the express
prior written consent of the other party, and any attempted assignment, without such consents, shall be null and void. Notwithstanding any nonassignment provisions contained in this Section 12, Buyer, or any permitted assignee or transferee of
Buyer, may assign or otherwise transfer some or all of its rights and/or obligations hereunder (i) to any entity or entities, or any assignee of such entity or entities, providing financing for the transactions contemplated by this Agreement or
to any entity or entities providing to Buyer, Buyer’s Affiliates, or to any such permitted assignee of Buyer, financing relating to the Business (collectively, the “Financing Sources”), (ii) to any Affiliate of Buyer,
provided that (x) such Affiliate shall agree with OC and its permitted assignees or transferees, if any, in writing to assume the Buyer’s obligations hereunder and (y) any such assignment to an Affiliate of the Buyer shall not relieve
the Buyer from its obligations hereunder or (iii) to any entity to which Buyer, or 

  

 11 

 
any assignee or transferee of Buyer, assigns, sells, transfers or otherwise conveys (A) all or substantially all of the assets constituting the Business
(a “Complete Assignment”) or (B) all or substantially all of the assets constituting either the Aiken Facility, the Huntingdon Facility or the South Hill Facility (a “Partial Assignment”), provided that such
acquiring entity agrees with and acknowledges in writing to OC and its permitted assignees or transferees, if any, that this Agreement shall be binding upon and enforceable against such entity as though such acquiring entity were Buyer and that such
entity shall perform all of Buyer’s obligations hereunder. Notwithstanding any nonassignment provisions contained in this Section 12, OC, or any permitted assignee or transferee of OC, may assign or otherwise transfer some or all of its
rights and/or obligations hereunder (i) to any Affiliate of OC, provided that (x) such Affiliate shall agree with Buyer and its permitted assignees or transferees, if any, in writing to assume the OC’s obligations hereunder and
(y) any such assignment to an Affiliate of the OC shall not relieve the OC from its obligations hereunder or (ii) to any entity to which OC, or any assignee or transferee of Buyer, assigns, sells, transfers or otherwise conveys any portion
of its business which owns, licenses, or uses Business Patents or Business Know How (as each is defined in the License Agreement), provided that such acquiring entity agrees with and acknowledges in writing to Buyer and its permitted assignees or
transferees, if any, that this Agreement shall be binding upon and enforceable against such entity as though such acquiring entity were OC and that such entity shall perform all of OC’s obligations hereunder. To the extent that assignment
and/or transfer of any of the rights, privileges, and/or obligations is permitted, this Agreement shall be binding on, and except as otherwise expressly provided, shall inure to the benefit of, the legal successors, assigns, or representatives of
the parties. For purposes of this Section 12, capitalized terms used herein without definition, are used as defined in the LLC Interest and Sale Purchase Agreement dated as of September 30, 1998 by and between OC and Glass Holdings, Inc.,
as amended from time to time. 
  

	13.	AMENDMENT; WAIVER 

 This Alloy Services Agreement
may be amended, supplemented or otherwise modified only by a written instrument executed by the parties hereto. No waiver by either party of any of the provisions hereof shall be effective unless explicitly set forth in writing and executed by the
party so waiving. Except as provided in the preceding sentence, no action taken pursuant to this Alloy Services Agreement, including without limitation, any investigation by or on behalf of any party, shall be deemed to constitute a waiver by the
party taking such action of compliance with any representations, warranties, covenants or agreements contained herein. The waiver by any party hereto of a breach of any provision of this Alloy Services Agreement shall not operate or be construed as
a waiver of any subsequent breach. 
  

	14.	NOTICES 

 All communications provided for hereunder
shall be in writing and shall be deemed to be given when delivered in person or by private courier with receipt, when telefaxed and received, or three (3) days after being deposited in the United States mail, first-class, registered or
certified, return receipt requested, with postage paid and, 
  

 12 

			
	If to Buyer:	  	 Advanced Glassfiber Yams LLC
 2558 Wagener
Road
 Aiken, South Carolina 29801
 Fax: 803-643-1424

Attention: Chief Operating Officer

		
	With a copy to:	  	 Proskauer Rose LLP
 1585 Broadway
 New York, New York 10036
 Fax: 212-969-2900
 Attention: Scott K. Rutsky

		
	If to OC:	  	 Owens Corning Glass Metal Services
 4545 Enterprise
Drive
 Concord, North Carolina 28025
 Fax:
704-721-2047
 Attention: Plant Manager

		
	With a copy to:	  	 Owens Corning World Headquarters
 One Owens Corning
Parkway
 Toledo, Ohio 43659
 Fax:419-248-1723
 Attention: Law Department
  
 Owens Corning Business Development and Strategy
 Composites Solutions Business
 2790 Columbus Road – Mail 11-1
 Grainville, Ohio 43023-1200
 Fax: 740-321-4095
 Attention: Alan Foster

 or to such other address as any such party shall designate by written notice to the other parties
hereto. 
  

	15.	TAXES 

 Buyer shall pay to the proper authority,
when and as the same become due and payable, all taxes, duties, assessments and similar charges which at any time during the term of this Alloy Services Agreement may be taxed, assessed or imposed upon Buyer or OC with respect to the services
provided under this Alloy Services Agreement (other than any tax properly imposed by the laws of any foreign jurisdiction or the United States upon OC, said tax being in the nature of an income tax and measured by the amount of payments to be made
pursuant to this Agreement). 
  

 13 

	16.	FORCE MAJEURE 

 Neither party shall be liable to the
other for delay or failure to perform in whole or in part, by reason of contingencies or events which: (i) are beyond the reasonable control of the party whose performance is affected, (ii) are unforeseeable, and (iii) could not have been
reasonably prevented, whether herein specifically enumerated or not (a “Force Majeure Event”). These contingencies include, among others, act of God, act of war, revolution, riot, acts of public enemies, fire, explosion, breakdown
of plant, strike, lockout, labor dispute, casualty or accident, earthquake, flood, cyclone, tornado, hurricane or other windstorm, or by reason of any law, order, proclamation, regulation, ordinance, demand, requisition or requirement or any other
act of any governmental authority, foreign or domestic, local, state or federal (provided that the Force Majeure Event does not arise due to or is connected in any way with a violation by party hereto of any law, order, proclamation, regulation,
ordinance, demand, requisition or requirement of any governmental authority) except that contingencies shall not include a downturn in Buyer’s or OC’s business or general economic downturn. A party so affected by a Force Majeure Event
shall: (i) promptly give written notice to the other party whenever such contingency or other act becomes reasonably foreseeable (including an estimate of the expected duration of the Force Majeure Event and its probable impact on the
performance of such party’s obligations hereunder); (ii) exercise all reasonable efforts to continue to perform its obligations hereunder; (iii) use its commercially reasonable best efforts to overcome or mitigate the effects of the
contingency as promptly as possible and (iv) promptly give written notice to the other party of the cessation of such contingency. Neither party, however, shall be required to resolve a strike, lockout or other labor problem in a manner which
it alone does not deem proper and advisable. In no event shall any Force Majeure Event excuse party’s failure to pay when due any monetary obligation hereunder. In the case of any Force Majeure Event relied on by OC, OC agrees that it shall
treat Buyer no less favorably than the most favorably treated Affiliate or customer of OC in dealing with or adjusting to the consequences of such Force Majeure Event and in relation to the allocation of any Products, the production or availability
of which may have been interrupted or diminished. 
 Deliveries of the Parts omitted due to any Force Majeure Event affecting OC or Buyer
shall, without liability, reduce by an equivalent quantity the quantity of Parts to be sold and delivered during the period in which the Force Majeure Event occurred. To determine the quantity of Parts that would have been sold, the parties shall
assume that Buyer’s most recent estimates would have been purchased on a ratable basis. 
  

	17.	GOVERNING LAW 

 This Alloy Services Agreement shall
be governed by, and construed in accordance with, the laws of the State of New York applicable to a contract executed and performed in such State without giving to the conflicts of law principles thereof. 
  

 14 

	18.	SEVERABILITY 

 If any provision of this Alloy
Services Agreement shall be declared by any court of competent jurisdiction to be illegal, void or unenforceable, all other provisions of this Alloy Services Agreement shall not be affected and shall remain in full force and effect. 
  

	19.	DEFAULT 

 Except as otherwise specifically provided
in this Alloy Services Agreement, if either party fails to perform any of the terms of this Alloy Services Agreement, (a) the other party may defer its performance under this Alloy Services Agreement until the default is cured by the defaulting
party, or (b) at its option, the party may treat such default as a breach of the entire Alloy Services Agreement and, if such default is not cured within 30 days after the giving of notice thereof to the defaulting party (or, in the case of
default in payment of monies, within 10 business days), may immediately terminate this Alloy Services Agreement upon notice to the defaulting party. This Alloy Services Agreement shall terminate automatically, without necessity of notice, in the
event Buyer or OC makes an assignment for the benefit of creditors, generally is adjudicated bankrupt or in the event of the filing of any voluntary or involuntary petition in bankruptcy against Buyer or OC or the appointment of a receiver for Buyer
or OC or any substantial part of their respective properties, other than in connection with the Reorganization Cases. 
  

	20.	SURVIVAL 

 The provisions of paragraphs 3G, 11 and
25 of this Agreement shall survive any termination or expiration hereof, other than any termination or expiration that occurs as a result of the non-occurrence of the Effective Date (as defined in the Stipulation). 
  

	21.	SECTION HEADINGS 

 The section headings contained in
this Alloy Services Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Agreement. 
  

	22.	ENTIRE AGREEMENT 

 This Alloy Services Agreement and
Exhibits set forth the entire understanding of the parties hereto, and amends, restates and supersedes in its entirety the Original Agreement and no modifications or amendments to this Alloy Services Agreement shall be binding on the parties unless
in writing and signed by the party or parties to be bound by such modification or amendment. 
  

	23.	COUNTERPARTS 

 This Alloy Services Agreement may be
executed in counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument. 
  

 15 

	24.	PUBLICITY 

 Each of the Buyer and OC agrees not to
use the name or trademarks or logos of the other party or its divisions or affiliates in any publicity, packaging, marketing materials, or other promotional activities or materials without the prior written consent of the other party. 
  

	25.	RELATIONSHIP TO OTHER AGREEMENTS 

 Except as
specifically provided, nothing in this Alloy Services Agreement shall alter, change, expand, diminish or otherwise amend (hereinafter “Changes”) in any manner, the scope of the rights, obligations and licenses of either Buyer or OC
under the Non-Compete Agreement, the License Agreement, or the Assignment Agreement either during the Term of this Alloy Services Agreement or after its termination or expiration. To the extent that anything in this Alloy Services Agreement is
interpreted to be a Change to the Non-Compete Agreement, the License Agreement, or the Assignment Agreement, such Change shall have no further force or effect after this Alloy Services Agreement is terminated or has expired. To the extent that
OC’s fabrication, support, refurbishment, setting in castable refractory, or provision of Parts in accordance with the terms of this Alloy Services Agreement could be construed to breach any of the rights, obligations, or licenses under the
Non-Compete Agreement, the License Agreement, or the Assignment Agreement, the parties explicitly acknowledge that such activity is as permitted exception to such rights, obligations, or licenses, during the term of this Alloy Services Agreement.

  

 16 

 IN WITNESS WHEREOF, the parties hereto have caused this Amended and Restated Alloy Services Agreement to
be duly executed as of the date first written above. 
  

			
	OWENS CORNING
		
	By:	 	 /s/ John W. Christy

	Name:	 	John W. Christy
	Title:	 	 Vice President, Transactions
 & Assistant Secretary

	
	ADVANCED GLASSFIBER YARNS LLC
		
	By:	 	 /s/ Gary Bernhardy

	Name:	 	Gary Bernhardy
	Title:	 	COO

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