Document:

First Amendment to Production Agreement

 Exhibit 10.4 
 CONFIDENTIAL TREATMENT REQUESTED 
 WITH RESPECT TO CERTAIN PORTIONS HEREOF

 DENOTED WITH “[*****]” 

1st Amendment 
 to the Production Agreement (Elastomers) 
 between 

Kraton Polymers GmbH, a company incorporated under the laws of the Federal Republic of Germany, whose registered office is at Platz der Einheit 1,
60327 Frankfurt, Germany, hereinafter referred to as “Kraton” or “Purchaser”, 
 Kraton Polymers Nederland BV, a company
incorporated under the laws of the Netherlands, whose registered office is at John M. Keynesplein 10, 1066 EP Amsterdam, The Netherlands, hereinafter referred to as “KP Ned BV” 

and 
 Basell Polyolefine
GmbH, a company incorporated under the laws of the Federal Republic of Germany, whose registered office is at Brühler Straße 60, 50389 Wesseling, Germany, hereinafter referred to as “BPO”, 

hereinafter together referred to as “Parties”, 
 Kraton and Elenac GmbH concluded the Production Agreement (Elastomers) dated 31 March 2000 (the “Agreement”). Elenac GmbH was later renamed to Basell Polyolefine GmbH. 

By way of the Assigment Agreement effective August 1, 2010 between BPO, Purchaser and KP Ned BV, KP Ned BV has been assigned certain rights and
obligations and therefore became party to the Agreement. 

 Now the Parties agree to amend the Agreement as follows: 

 

	1.	Effective date 

 This first Amendment shall be deemed to have become effective on
January 1st 2012. 

 

	2.	Substitution of Parties and Recitals 

  

	2.1	The text before clause 1 of the Agreement shall be deleted and replaced with the following wording: 

“BETWEEN 

Basell Polyolefine GmbH, a company incorporated in the Federal Republic of Germany, having its registered office at Brühler
Straße 60, 50389 Wesseling, Germany (“BPO”); 
 AND 

Kraton Polymers GmbH, a company incorporated in the Federal Republic of Germany, having its registered office at Platz der Einheit 1,
60327 Frankfurt, Germany (“Kraton” or “Purchaser”). 
 AND 

Kraton Polymers Nederland BV, a company incorporated under the laws of the Netherlands, whose registered office is at John M. Keynesplein
10, 1066 EP Amsterdam, The Netherlands, hereinafter referred to as “KP Ned BV” 
 WHEREAS, Purchaser owns and BPO
operates a facility in Wesseling, Germany (“Facility”) with a production capacity of currently approximately 95,000 mt/a of Elastomers (“Products”); and 

WHEREAS, BPO, KP Ned BV and Purchaser wish to enter into this Agreement for BPO to provide certain services, materials and utilities with
respect to the operation of the Facility, all upon the terms and conditions hereinafter set forth. 

  
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 NOW, THEREFORE, the Parties agree as follows:” 

 

	2.2	Throughout the Agreement, the word “Elenac” shall be replaced with “BPO”. Any reference in the Agreement to “Purchaser” or
“KRATON” made in relation to the “Assigned Rights & Obligations” shall be deemed to be a reference to “KP Ned BV”. 

  

	3.	Operation of the Facility 

The first sentence of paragraph 1.3 shall be amended by deleting “to Purchaser”. 

 

	4.	Service Fee 

 Sentences
three and four of paragraph 5.1 of the Agreement shall be replaced by the following sentences: 
 “Subject to the following
sentence of this paragraph 5.1, the Indirect Component shall not be modified before 31 December 2020. In consideration of Kraton ́s investment in the installation of the so-called Catox unit and in view of the cost reductions achieved by
BPO due to the stoppage of sending off gas by Kraton to BPO boilers, the Indirect Component (as defined above) shall be reduced by an amount of [*****] as of the month following the start-up of such Catox unit leading to a full stoppage of sending
off gas by Kraton to BPO boilers; the so reduced Indirect Component shall than be effective for a period of 10 (ten) years (“Reduced Indirect Component Term”). 
 With respect to any term of this Agreement beyond the latter of either 31 December 2020 or the expiration of the Reduced Indirect Component Term, as the case may be, the Parties agree that the
Indirect Component shall be renegotiated for periods of ten years each, it being the intention of the Parties that such Indirect Component shall reflect but not exceed the cost of general site and other services on an allocated basis consistent with
other facilities on the Site, and it being understood that the Indirect Component in effect at any time during any period of the term of this Agreement may or may not reflect such costs for any prior period.” 

  

							
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	5.	Assignment; Succesors 

The text of paragraph 12 of the Agreement shall be deleted in its entirety and replaced with the following: 

“Either Party shall be entitled to assign, sell or otherwise transfer at its sole discretion to any qualified and financial
responsible third party its rights and obligations under the Agreement, and/or all receivables, claims, related rights and security under or relating to the Agreement. The Agreement shall inure to the benefit of and be binding upon any successors or
assigns.” 
  

	6.	Force Majeure 

 The text
of paragraph 13 of the Agreement shall be deleted in its entirety and replaced with the following: 
 “Neither Party shall
be under any liability to the other whether in contract or in tort due to the first Party being delayed or hindered in or prevented from performing any or all of its obligations under this Agreement by reason of fire, explosion, strike or labour
difficulty, accident, breakdown of machinery or equipment, inability to obtain power, labour, or materials from normal sources of supply, transportation or handling accidents or delays, act of God, act, order, regulation or request of government or
other public authorities, war, riot, or civil disorder, or any other cause (whether or not of the same nature as the foregoing) beyond the reasonable control of the Party in question (a “Force Majeure”), provided that no such Force
Majeure event shall relieve either Party of their obligations to make payments to the other Party under the terms of this Agreement.” 

  
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	7.	Economic Hardship 

 The
following new paragraph 13 a) shall be inserted in the Agreement: 
 “13 a) Economic Hardship 

In the event there is a decline in the aggregate gross domestic product of the European Union member states for two or more consecutive
quarters (as complied according to the European System of Accounts 1995 (ESA95) and published by the Statistical Office of the European Communities (EUROSTAT) at http://epp.eurostat.ec.europa.eu/portal/page/portal/euroindicators/peeis and in the
event that after such decline the continued performance will in the reasonable judgement of the a Party be likely to result in losses that threaten its solvency, that Party shall notify the other Party accordingly and the first Party shall have the
right to request the other Party to negotiate in good faith a potential re-arrangement of the commercial terms and conditions of this Agreement.” 
  

	8.	Exhibit B, Direct Component of Service Fee 

 The first sentence of para (iii) of Exhibit B shall be replaced by the following sentence: 
  

	“(iii)	for direct fixed cost elements: 

All direct cash fixed costs of the Facilities in plot, including packaging, storage, handling and shipping facilities exclusively
dedicated to the Facilities as defined below – and in order to avoid any misunderstandings the Parties expressively agree and state, that the Facilities’ off gas system up to the BPO boiler inside battery limits as far as it is dedicated
to the off gas produced by Kraton is one of such packaging, storage, handling and shipping facilities exclusively dedicated to the Facilities until the start-up of the Catox unit leading to a full stoppage of sending off gas by Kraton to BPO
boilers:” 

  
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	9.	 All other terms and conditions of the Agreement shall remain unchanged and in effect and shall apply accordingly to this 1st Amendment. 

 

					
	Wesseling,	 		 	Eschborn,
	Basell Polyolefine GmbH	 		 	Kraton Polymers GmbH
			
	  
	 		 	  

			
	  
	 		 	  

	Wesseling,	 		 	Frankfurt,
			
	Kraton Polymers Nederland B.V.	 		 	
			
	  
	 		 	  

			
	Amsterdam,	 		 	

  
 6Amendment to Agreement for the Supply of 1,3-Butadiene

 Exhibit 10.5 
 CONFIDENTIAL TREATMENT REQUESTED 
 WITH RESPECT TO CERTAIN PORTIONS HEREOF

 DENOTED WITH “[*****]” 
 Amendment to the Agreement 
 for the Supply of 1,3 – Butadiene

 Between: 
 (1) Basell
Polyolefine GmbH, a company incorporated under the laws of the Federal Republic of Germany, whose registered office is at Brühler Straße 60, 50389 Wesseling, Germany, hereinafter referred to as “Seller”; and 

(2) Kraton Polymers Nederland B.V., a company incorporated in the Netherlands, having its registered office at John M. Keynesplein 10, 1066 EP
Amsterdam, The Netherlands, hereinafter referred to as “Buyer”,  
 each referred to as a “Party” and together
referred to as the “Parties”. 
 Recitals: 
 (1) MWW 28. Vermoegensverwaltungs GmbH (later renamed Kraton Polymers GmbH) and Deutsche Shell Chemie GmbH, acting in the name and for the account of Elenac GmbH which was later renamed to Basell
Polyofine GmbH concluded the Agreement for the Supply of 1,3 Butadiene (the “Agreement”) on 1 December 1999. 
 (2) The Agreement
was amended by way of a first amendment agreement that was never signed but which the Parties have acted in accordance with. 
 (3) The
Agreement was assigned effective 1 August 2010 by Kraton Polymers GmbH to Buyer. 
 (4) The Parties wish to further amend the Agreement in
accordance with the terms of this Amendment which also take effect in substitution for the terms of the first, unsigned amendment agreement. 

Wesseling BD Supply Agreement (Amendment) 

 Agreement 
  

	1.	Effective Date 

 This Amendment shall be
deemed to have come into force on 1 January 2012 (the ‘Effective Date’). 
 The Parties hereby agree to amend the
Agreement as set forth in this Amendment with effect from the Effective Date. 
  

	2.	Substitution of Parties and Recitals 

  

	2.1.	The text before clause 1 of the Agreement shall be deleted and replaced with the following wording: 

“This Agreement is made on with effect from [1 October 1999] between: 

 

	 	(1)	Basell Polyolefine GmbH, a company incorporated in the Federal Republic of Germany, having its registered office at Brühler Straße 60, 50389
Wesseling, Germany; (“Seller”) and 

  

	 	(2)	Kraton Polymers Nederland B.V., a company incorporated in the Netherlands, having its registered office at John M. Keynesplein 10, 1066 EP Amsterdam, The
Netherlands, (“Buyer”) 

 Recitals: 

 

	 	(A)	Seller manufactures 1,3-Butadiene at its plant in Wesseling. 

  

	 	(B)	Buyer requires a supply of 1,3-Butadiene to manufacture Styrene Block Copolymers (SBC’s) at its plant at Wesseling and wishes to have a long-term stable supply of
1,3 Butadiene. 

  

	 	(C)	Seller is willing to provide Buyer with a supply of 1,3-Butadiene subject to the Seller ́s 1,3-Butadiene plant availability, and Buyer is willing to take delivery
of 1,3-Butadiene from Seller, on the terms of this Agreement.” 

  
 Wesseling BD Supply Agreement
(Amendment) 

	3.	Definitions and Interpretations 

  

	3.1.	The words “DSC” and “ELANAC” shall be replaced at any place in the Agreement where they appear with the word “Seller”.

  

	3.2.	The word “PURCHASER” shall be replaced at any place in the Agreement where it appears with the word “Buyer”. 

 

	3.3.	The Definitions and Interpretations in clause 1 of the Agreement shall be amended by deleting the definition for “Affiliate” and replacing it with the
following wording: 

 “Affiliate” means any company which, either as at the date of
this Agreement or at any time thereafter is directly or indirectly controlled by LyondellBasell Industries N.V. or any successor ultimate holding company of Seller (in the case of Seller) or Kraton Polymers LLC, or any successor ultimate holding
company of Buyer (in the case of Buyer). For the purposes of this definition, “control” means holding or otherwise having the power to exercise at least fifty percent (50%) of the votes exercisable at a general shareholders meeting
(or its equivalent) of the company in question. Any two or more companies are to be considered as Affiliates of each other if they are controlled, directly or indirectly, by a common company or companies; 

and by adding the following definitions of “Business Day” and “Planned Turnaround”: 

“Business Day” means a day other than a Saturday or Sunday or a public holiday in the state of
Northrhine-Westphalia, Germany; 
 “Planned Turnaround” means any planned temporary termination of
production by either Seller or Buyer for planned or mandatory maintenance of facilities necessary for the performance of either Party ́s obligations under this Agreement. 

 

	4.	Supply and Purchase of Product 

  

	4.1.	Clause 2 of the Agreement shall be deleted in its entirety and be replaced by the following wording: 

 

	 	“2.	Supply and Purchase of Product 

  

	 	2.1	 During the term of this Agreement, Seller shall supply Buyer’s requirements of Product upto a maximum amount of [*****]

  
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Tonnes/per annum for the calendar years 2012 and 2013 and upto a maximum of [*****] Tonnes/per annum in the calendar year 2014 and upto a maximum of [*****] Tonnes/per annum commencing in the
calendar year 2015; and Buyer shall purchase a minimum amount of [*****] Tonnes/per annum of Product in each of those calendar years. In the calendar year 2014, Buyer shall have the option to require Seller to supply up to [*****] Tonnes of Product
per annum provided the annual maximum amount of Product to be purchased by Buyer from Seller’s Affiliate at Berre, France, is reduced by an amount equivalent to the quantity of Product exceeding [*****] Tonnes purchased under this Agreement.

  

	 	2.2	Each Party shall notify the other of any Planned Turnaround as soon as possible and, in any event, with a minimum of twelve Months’ written notice given prior to
the date of commencement of the Planned Turnaround. A Party incurring a Planned Turnaround may at its option, by giving notice no later than on the date on which the Second Nomination (as defined in clause 4.2) is given, be released from its supply
or off-take obligations (as the case may be) under this Agreement during the period of the Planned Turnaround following which the total amount of the First Nomination (as defined in clause 4.1) or Second Nomination (as the case may be) shall be
adjusted by the amount of supply or off-take release. Seller shall use all reasonable efforts to ensure that the amount of any such annual adjustment shall not be applied solely to the monthly nominations falling during the period of the Planned
Turnaround but shall be applied pro-rata among the all monthly nominations of the relevant Year, which are not effected by such Planned Turnaround, to ensure a reasonable level of continuity of supply of Product to Buyer. 

 

	 	2.3	Commencing during the first Quarter of 2013, the Parties shall meet and negotiate in good faith to conclude an agreement for the supply by Seller and purchase by Buyer
of Buyer’s requirements of Product in excess of [*****] Tonnes for the remaining term of this Agreement. 

  

	 	2.4	 [*****], Seller shall provide for Buyer’s approval a cost estimate to Buyer not later than [*****] for the necessary modifications to site
infrastructure as well as for operating and potentially other permits [*****]. Provided that Buyer’s approval for the [*****] is granted during the [*****], Seller shall use all reasonable efforts to make and implement those modifications prior
to [*****], and [*****] shall pay the costs therefore, provided that such cost are consistent with Seller’s estimate or, if they exceed the cost estimate, they are reasonable. In the event that no approval is granted by Buyer, the Parties shall
meet and discuss in good faith alternative options. 

  
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The Parties acknowledge that any physical import of Product will be subject to Seller’s consent considering logistic constraints as well as Product meeting the specifications as per
Attachment I. 

  

	 	2.5	If physical imports of Product are not reasonably practicable, the Parties will use all reasonable endeavours to implement swap arrangements via third parties and/or
the Parties ́ respective Affiliates as an alternative to physical imports of Products. The Parties shall cooperate to set out the details of such alternative arrangements in a separate agreement.” 

 

	5.	Scheduling and Nomination 

Clause 4 of the Agreement shall be deleted in its entirety and be replaced by the following wording: 

 

	 	“4.	Scheduling and Nomination 

ANNUAL NOMINATION: 
  

	 	4.1	 On or before
June 30th of each Year, Buyer shall nominate the
volume of Product to be supplied and purchased under this Agreement in the following year (the “First Nomination”) having due regard to the relevant volume range set out in clause 2 and specifying the time of any Planned Turnaround. In the
event that Buyer does not send its First Nomination on or before June 30th, Seller shall remind Buyer by email. In the event that such nomination is not given by Buyer within two Business Days thereafter, Seller shall determine the First Nomination for the following Year by
sending it by email to Buyer, having due regard to the relevant volume range set out in clause 2. 

 The First
Nomination shall not constitute a binding purchase and off-take obligation of the Buyer, however, such First Nomination shall form the basis for calculating the Second Nomination as described in clause 4.2, irrespective of the actual volume supplied
and purchased. 
  

	 	4.2	 On or before September 30th of each Year, Buyer shall submit its second nomination of the volume of Product to be supplied and purchased under
this Agreement in the following year (the “Second Nomination”) provided that the Second Nomination shall: 

  

	 	a)	where the First Nomination was not more than [*****] higher than the relevant minimum volume set out in clause 2, the Second Nomination shall not be more than [*****]
higher than the relevant minimum volume set out in clause 2; and 

  
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	 	b)	where the First Nomination was not more than [*****] lower than the relevant maximum volume set out in clause 2, the Second Nomination shall not be more than [*****]
lower than the relevant maximum volume set out in clause 2; and 

  

	 	c)	subject to sub-clauses a) and b) in any case, not be more than [*****] lower or higher than the volume set out in the First Nomination; and 

 

	 	d)	include any adjustment made by reason of any notice given pursuant to clause 2.2 for any Planned Turnaround. 

The Second Nomination shall not constitute a binding purchase and off-take obligation of the Buyer, however, such Second Nomination shall
form the basis for calculating the Month One Nomination as described in clause 4.4, irrespective of the actual volume supplied and purchased. 
  

	 	4.3	 In the event that Buyer does not send its Second Nomination on or before September 30th, Seller will remind Buyer by email. In the event that such nomination is not given within two Business Days
thereafter, Seller shall determine the Second Nomination for the following Year by sending it by email to Buyer, having due regard to the relevant volume range set out in clause 2 and the provisions of this clause 4. 

MONTHLY NOMINATION: 
  

	 	4.4	On or before the 23rd day of each Month during the term of this Agreement, Buyer shall send to Seller its nomination for the volume of Product to be sold and purchased
for each Month during the next three Month rolling period. The nomination for the first Month (the “Month One Nomination”) in any three Month rolling period shall be binding for both Parties unless – for the avoidance of doubt –
so excused by Force Majeure in accordance with clause 12 and shall: 

  

	 	a)	not deviate more than [*****] Tonnes from one twelfth of the Second Nomination for such year; and 

 

	 	b)	ensure that the cumulated deviation per Quarter does not exceed [*****] Tonnes; and 

 

	 	c)	ensure that the cumulated deviation per Year does not exceed [*****] Tonnes. 

 

	 	4.5	 In the event that Buyer does not send its nomination for the next three Months on or before the 23rd day of the Month, Seller will remind Buyer by email. In the event
that such nomination is not given by Buyer within two Business Days thereafter, Seller will 

  
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determine the Month One Nomination by sending it by email to Buyer, having due regard to the volume range set out in clause 4.4. 

 

	 	4.6	In the event of any deviation from either the Second Nominations or the Month One Nomination for the avoidance of doubt so not caused by an event of Force Majeure,
Buyer shall be fully liable to Seller for any direct loss Seller might suffer as a direct result of such deviation subject to clause 4.7 

  

	 	4.7	In the event of a deviation of the actual purchase volume in any Month from the relevant Month One Nomination, Seller shall use reasonable efforts to sell the excess
Product to Third Parties at the best possible price. In advance of any sales of Product to Third Parties, in accordance with this clause 4.7, Seller shall notify Buyer of any anticipated sales prices. The Parties agree that the choice of any Third
Party purchaser of Product, in accordance with this clause 4.7, is at the sole discretion of Seller and Seller is under no obligation to inform Buyer of the identity of any such Third Party purchaser of the Product. 

 

	 	4.8	In the event that Seller sells any Product to a Third Party pursuant to clause 4.7: 

 

	 	(a)	if the price paid by the Third Party is lower than the price payable by Buyer under this Agreement, [*****]; and 

 

	 	(b)	if the price paid by the Third Party is higher than the price payable by Buyer under this Agreement, [*****]. 

 

	 	(c)	In the event that Buyer fails to take any Product nominated by Buyer by way of a Month One Nomination in accordance with this Agreement and Seller, despite using
reasonable efforts, cannot sell such Product to a Third Party, [*****]. 

  

	 	4.9	 In the event that Seller fails to supply any Product nominated by Buyer in accordance with this Agreement and Buyer exercises its right to purchase the
under-supplied volume of Product from a Third Party pursuant to clause 13.4, and the price paid by Buyer to the Third Party is higher than the price for such Product under this Agreement, then, provided that Buyer has used reasonable efforts to buy
the Product from the Third Party at the best possible 

  
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price, [*****]. 

  

	 	4.10	In the event that Seller fails to supply any Product nominated by Buyer in accordance with this Agreement, and Buyer has been unable to purchase the whole or any part
of the under-supplied volume of Product from a Third Party despite using reasonable efforts, Buyer shall at its option [*****]. 

  

	6.	Price 

 Clause 7 of the
Agreement shall be deleted in its entirety and be replaced by the following wording: 
  

	 	“7.	Price 

 The price of the
Product shall be calculated in three tranches: 
 The Parties agree that invoicing will follow the principle of consuming the
[*****] Product (Tranch 1) first, and the [*****] Product (Tranch 3) last. In order to avoid that price tranches being applied sequentially during a Year and to arrive at an average invoice price per Month, the following invoicing principle will be
implemented. 
  

	 	•	 	 Firstly, Seller will invoice Buyer each Month for [*****] of the Tranch 1 volume plus any accumululated shortfall volume of Tranch 1 from previous
Months of the Year. 

  

	 	•	 	 Secondly, Seller will invoice Buyer each Month for [*****] of the Tranch 2 volume plus any accumululated shortfall volume of Tranch 2 from previous
Months of the Year. 

  

	 	•	 	 Thirdly, Seller will invoice Buyer each Month for [*****] of the Tranch 3 volume plus any accumululated shortfall volume of Tranch 3 from previous
Months of the Year. 

 Seller will calculate the average invoice price and provide the calculation to Buyer for
its agreement prior to issuing a monthly invoice. In the event that Buyer fails to respond with its objection within two Business Days from the day of provision of the calculation by Seller, Seller may proceed to issue the invoice. In the event that
the calculation of the average price is disputed between the Parties, Seller may invoice 

  
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the claimed price and Buyer shall pay the amount not in dispute in accordance with this Agreement, and the Parties shall be deemed to have reserved all their respective rights and remedies with
regard to the amount of the claimed price remaining in dispute. 
 The Parties agree and acknowledge that this invoicing
mechanism may require a reconciliation payment at the end of the Year to reflect actual received volumes. 
 In the event of a
deviation of the actual purchase volume in any Month giving rise to a claim for [*****] by Seller pursant to clause 4.6, the amount of the [*****] shall be calculated by applying the amount of the deviation first to [*****] of Tranch 3 volume,
secondly [*****] of Tranch 2 and last to [*****] of Tranch 1 until the amount of the deviation is exhausted, subject always to Seller’s obligation to mitigate its losses in accordance with clause 4.7. 

For Tranch 1 the price shall be the 1,3-Butadiene Monthly Contract price as published by ICIS a “Contract Price FD NEW”
(“ICIS BD MCP”) [*****] and shall be valid from the Effective Date of this Agreement for a period of [*****] years, i.e. until [*****]. 
 As of [*****] the BD price for Tranch 1 shall be subject to negotiation and needs to be agreed between the Parties for additional periods of [*****] years each to reflect potential change in market
conditions. The Parties will meet to negotiate the price the latest by November 30 of the calendar year preceeding a three year period. 
 If the Parties cannot agree on a price before the beginning of the relevant calendar year, the Price shall be the 1,3-Butadiene Monthly Contract price as published by ICIS a “Contract Price FD
NEW” (“ICIS BD MCP”) [*****] of Product (the [*****]) of the relevant calendar year. 
 Buyer reserves the right
to have Sellers information regarding the [*****] audited and Seller will make available all documentation and information necessary to an independent auditor nominated by both Parties. The auditor shall verify the [*****] and inform the Parties
only whether the [*****] stated by Seller was correct or not; his evaluation shall be binding upon the Parties. If the auditor states that the [*****] stated by Seller was incorrect, the than corrected [*****] would apply retrospectively for the
relevant calendar year. In case of an incorrect [*****], Seller shall bear the costs for the auditor; otherwise, the Buyer shall bear such costs. 
 The yearly volume of Tranch 1 shall be the annual off take volume of Buyer [*****]. 

  
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 Seller will invoice to Buyer each Month [*****] of the yearly Tranch 1 volume plus any such
volume not invoiced in the previous Months of such Year. 
 For Tranch 2 the price shall be ICIS BD – [*****]. 

The yearly volume of Tranch 2 shall be [*****] Tonnes (i.e. [*****]) 

For Tranch 3, the price shall be the [*****]. 
 whereby: 
 Naphtha is the average of the Monthly mean quotations for Naphtha as
published in Platt’s under the heading BARGES FOB Rotterdam for the Month in which the deliveries take place. The price shall be converted in EURO by using the monthly exchange rate average as published by Reuter’s, London, 9am daily for
the same period. 
 The yearly volume of Tranch 3 shall be [*****] Tonnes (i.e. [*****]).” 

 

	7.	Invoicing and Payment 

Clause 8 of the Agreement shall be modified by replacing clause 8.2 with a new clause 8.2 as set out below: 

 

	 	“8.2	 Buyer shall make payment against each invoice in Euros (or any other currency as agreed between the Parties) no later than the 15th day after the Month of delivery. If the 15th falls on a Saturday, Buyer shall make the payment on the last
Business Day preceding the 15th; if the 15th falls on a Sunday, Buyer shall make the payment on the next Business
Day following the 15th. The payment shall be deemed to be
made at the moment at which the money is received on Seller’s accounts.” 

  

	8.	Term and Termination 

  

	8.1.	Clause 9.1 of the Agreement shall be deleted in its entirety and replaced with the following new clause 9.1: 

 

	 	“9.1	The Agreement shall remain in force until the earlier of its termination in accordance with clauses 9.2., 9.3. or 9.4. below or the termination or expiry of the
Production Agreement between the Parties in its amended form.” 

  

	9.	Notices 

 The addresses of
Seller and Buyer in clause 11 of the Agreement shall be deleted and replaced with the following: 
  

			
	“BUYER	  	SELLER
		
	 Kraton Polymers Nederland BV
 John M. Keynesplein 10
 1066 EP Amsterdam
 The Netherlands
	  	 Basell Polyolefine GmbH

Brühler Straße 60
 D-50389
Wesseling
 Germany

  
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	10.	Force Majeure 

  

	10.1.	Clause 12.1 of the Agreement shall be deleted in it entirety and be replaced by the following provision: 

 

	 	“12.1	Neither Party shall be under any liability to the other whether in contract or in tort due to the first Party being delayed or hindered in or prevented from performing
any or all of its obligations under this Agreement by reason of fire, explosion, accident, flood, act of God, war, riot, labour dispute, strike, lockout, plant breakdown, shortage or non-availability of raw materials or any other cause (whether or
not of the same nature as the foregoing) beyond the reasonable control of the Party in question (‘an event of Force Majeure’). For the avoidance of doubt, any reduction in the production or supply of raw materials within the reasonable
control of Seller [*****] shall only constitute an event of Force Majeure, if Seller is generally (including other than his regular sources) unable to obtain any raw materials used in manufacturing the Product in a commercially reasonable way,
measured objectively and giving consideration to historical practices.” 

  

	10.2.	Clause 12 shall be further modified by adding the following new clause 12.6: 

 

	 	“12.6	If by an event of Force Majeure the delivery of Product to Buyer is reduced, Seller will, upon Buyer’s written request, make available to Buyer its import
facilities, to the extent such import facilities are not occupied otherwise, at no cost for the import of such undelivered volume of Product within 7 Business Days from the date of receipt of such written request from Buyer to Seller.”

  
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	11.	Economic Hardship 

 The
following new clause 12 a) shall be inserted in the Agreement: 
 “12 a) Economic Hardship 

In the event there is a decline in the aggregate gross domestic product of the European Union member states for two more consecutive
Quarters (as compiled according to the European System of Accounts 1995 (ESA95) and published by Statistical Office of the European Communities (EUROSTAT) at http://epp.eurostat.ec.europa.eu/portal/page/portal/euroindicators/peeis) and in the event
after such decline the continued performance will in the reasonable judgement of a Party be likely to result in losses that threaten its solvency, that Party shall notify the other Party accordingly and the Parties shall meet a soon as reasonably
practicable to negotiate in good faith an amendment of the commercial terms and conditions of this Agreement. For the avoidance of doubt, until the conclusion of such amendment or in case the Parties cannot agree on the terms and conditions of such
amendment, the terms and conditions of this Agreement shall continue to apply.” 
  

	12.	Liability 

  

	12.1.	Clause 13.1 of the Agreement shall be amended by the addition of the words “and clause 4.9” after the words “Subject to clause 13.3” where they
appear in that clause. 

  

	12.2.	Clause 13.2 of the Agreement shall be amended by the addition of the words “and clauses 4.6, 4.8 and 4.9” after the words “Subject to clause 13.3”
where they appear in that clause. 

  

	13.	All other terms and conditions of the Agreement shall remain unchanged and in effect and shall apply accordingly to this Amendment. For the avoidance of doubt,
the terms of the first, unsigned amendment referred to in the Recital shall be superseded by this Amendment and shall not form any part of the Agreement. 

  

					
	Wesseling,                         	 		 	Amsterdam,
                            
			
	Basell Polyolefine GmbH	 		 	Kraton Polymers Nederland B.V.
			
	  
	 		 	  

			
	  
	 		 	  

  
 Wesseling BD Supply Agreement
(Amendment)

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