Document:

exv10w2

Exhibit 10.2

PORTIONS
OF THIS EXHIBIT DENOTED WITH THREE ASTERISKS (***) HAVE BEEN OMITTED
PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

AMENDED
AND RESTATED

ON-SITE PRODUCT SUPPLY AGREEMENT

BETWEEN

THE BOC GROUP, INC.

AND

COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC

DATED AS OF June 1, 2005

 

 

TABLE OF CONTENTS

	 	 	 	 	 	 	 
	 

	 	 
	 	Page
	SECTION 1

	 	DEFINITIONS
	 	 	1	 
	SECTION 2

	 	THE BOC FACILITY AND THE PIPELINES
	 	 	4	 
	SECTION 3

	 	PURCHASE AND SALE OF PRODUCT
	 	 	8	 
	SECTION 4

	 	PRICING AND PAYMENT
	 	 	12	 
	SECTION 5

	 	ARGON, CO2 BYPRODUCT AND OTHER BYPRODUCTS
	 	 	13	 
	SECTION 6

	 	TAXES
	 	 	14	 
	SECTION 7

	 	PRODUCT SPECIFICATIONS
	 	 	14	 
	SECTION 8

	 	CLAIMS
	 	 	15	 
	SECTION 9

	 	ALLOCATIONS OF RESPONSIBILITY
	 	 	15	 
	SECTION 10

	 	METERS
	 	 	17	 
	SECTION 11

	 	EXCUSED NON-PERFORMANCE
	 	 	17	 
	SECTION 12

	 	PRICE ADJUSTMENTS
	 	 	18	 
	SECTION 13

	 	TERM
	 	 	18	 
	SECTION 14

	 	ASSIGNMENT
	 	 	19	 
	SECTION 15

	 	NOTICES
	 	 	19	 
	SECTION 16

	 	GENERAL REPRESENTATIONS AND WARRANTIES
	 	 	20	 
	SECTION 17

	 	CONFIDENTIALITY
	 	 	21	 
	SECTION 18

	 	RESOLUTION OF DISPUTES
	 	 	22	 
	SECTION 19

	 	INDEMNIFICATION
	 	 	22	 

 

 

	 	 	 	 	 	 	 
	 

	 	 
	 	Page
	SECTION 20

	 	INSURANCE
	 	 	24	 
	SECTION 21

	 	TAKING & CASUALTY
	 	 	25	 
	SECTION 22

	 	LIAISONS
	 	 	27	 
	SECTION 23

	 	GENERAL PROVISIONS
	 	 	27	 
	 
	EXHIBITS
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	EXHIBIT A

	 	CERTAIN SPECIFICATIONS, CAPABILITIES AND CAPACITIES	 	 	 	 
	EXHIBIT B

	 	PRICE ADJUSTMENTS	 	 	 	 
	EXHIBIT C

	 	ACCEPTABLE AIR CONTAMINANT LEVELS	 	 	 	 
	EXHIBIT D

	 	THE COFFEYVILLE PLANT SITE	 	 	 	 
	EXHIBIT E

	 	THE BOC PLANT SITE	 	 	 	 
	EXHIBIT F

	 	ITEMS TO BE PROVIDED BY COFFEYVILLE RESOURCES	 	 	 	 
	EXHIBIT F-l

	 	COOLING WATER SPECIFICATIONS	 	 	 	 
	EXHIBIT F-2

	 	HYDROGEN SPECIFICATIONS	 	 	 	 
	EXHIBIT F-3

	 	EXCESS POWER CALCULATION METHODOLOGY	 	 	 	 
	EXHIBIT G

	 	PRICING SCHEDULE	 	 	 	 
	EXHIBIT H

	 	PURCHASE PRICE	 	 	 	 
	EXHIBIT I

	 	TERMINATION FEE	 	 	 	 
	EXHIBIT J

	 	MEMORANDUM OF LICENSE	 	 	 	 
	EXHIBIT K

	 	CALCULATION OF LOST LIQUID ADJUSTMENT FACTOR, JULY 2005	 	 	 	 

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AMENDED AND RESTATED ON-SITE PRODUCT SUPPLY AGREEMENT

     THIS AMENDED AND RESTATED ON-SITE PRODUCT SUPPLY AGREEMENT (“Agreement”), made and
effective as of the 1st day of June, 2005, by and between THE BOC GROUP, INC., a Delaware
corporation, acting by and through its BOC Gases Division (“BOC”), COFFEYVILLE RESOURCES NITROGEN
FERTILIZERS, LLC, a Delaware limited liability company (“Coffeyville Resources”).

WITNESSETH:

WHEREAS, Farmland Industries, Inc. (“Farmland”) and BOC originally entered into the On-Site
Product Supply Agreement (“Original Agreement”) dated December 3, 1997; and

WHEREAS, Farmland and BOC entered into Amendment No. 1 to the Original Agreement dated December
31, 1999; and

WHEREAS, Farmland assigned the Original Agreement, as amended, to Coffeyville Resources effective
March 4, 2004; and

WHEREAS, Coffeyville Resources and BOC desire to further amend the Original Agreement to
incorporate Amendment No. 1 and to incorporate such further amendments into this Amended and
Restated On-Site Product Supply Agreement, which replaces and supersedes the Original Agreement, as
amended by Amendment No. 1.

IN CONSIDERATION OF THE PROMISES HEREINAFTER CONTAINED, BOC AND COFFEYVILLE RESOURCES HEREBY AGREE
WITH EACH OTHER AS FOLLOWS:

SECTION 1 DEFINITIONS

     For purposes of this Agreement, the following terms shall have the meanings indicated
below:

     (a) “Argon” — a by-product liquid product produced by the BOC Facility.

     (b) “BOC
Entities” shall have the meaning given such term in Section 19(c) hereof.

     (c) “BOC Facility” — a plant for the production of Product and Argon (the “BOC Plant”),
including metering and related facilities, together with interconnected liquid Oxygen Product and
liquid Nitrogen Product storage vessels and vaporization equipment (the “Liquid Product Storage
Facility”), all connected to the BOC Pipelines and having the production, delivery, liquid storage
and vaporization capabilities or capacities stated in Paragraphs II and III of Exhibit A
hereto, which shall be owned or leased, maintained and operated by BOC on the BOC Plant Site.

 

 

     (d) “BOC Pipelines” — pipelines suitable for use in connection with the delivery of Product
hereunder, that shall be owned or leased and maintained by BOC, connecting the BOC Facility with
the respective Coffeyville Resources Pipelines.

     (e) “BOC Plant” shall have the meaning given such term in Section l(c) hereof.

     (f) “BOC Plant Site” — a parcel of land located on the Coffeyville Plant Site on which the BOC
Facility is located, which parcel is more particularly identified on
Exhibit E hereto.

     (g) “Bona Fide Offer” — a written offer, made in good faith and setting forth commercially
reasonable terms for the purchase of CO2 Byproduct produced at the
Coffeyville Facilities, which offer shall set forth, in reasonable detail, all information which is
reasonably required to evaluate the economics of the deal, including, at a minimum, if applicable,
information relating to the: (i) distribution or percentage of ownership and/or entitlement to
profits, losses, tax credits, carbon sequestration credits earned in connection with the sale of
CO2 Byproduct, as between BOC, Coffeyville Resources and any third party or parties; (ii) project
costs; (iii) project capacity; (iv) project schedule;
(v) raw
CO2 gas pricing; (vi) finished
product pricing; (vii) marketing rights; and
(viii) operating and maintenance responsibility.

     (h) “CDA Product” — clean, dry air product conforming to the product specifications set forth
in Paragraph I of Exhibit A hereto.

     (i) “CO2 Byproduct” — the gaseous carbon dioxide produced by the Coffeyville
Facilities as a byproduct and made available as contemplated by
Section 5 hereof.

     (j) “Coffeyville Entities” shall have the meaning given such term in Section 19(a) hereof.

     (k) “Coffeyville Facilities” — those facilities and plants (including the gasification plant,
ammonia synthesis loop and UAN plant) located at the Coffeyville Plant Site, but not including the
Facilities.

     (1) “Coffeyville Pipelines” — pipelines suitable for use in connection with the delivery of
Product hereunder, that shall be owned or leased by Coffeyville Resources and operated and
maintained by or for the benefit of Coffeyville Resources, connecting the Coffeyville Facilities
with the BOC Pipelines at respective points on the boundary of the BOC Plant Site, as agreed upon
by Coffeyville Resources and BOC.

     (m) “Coffeyville Plant Site” — the parcel of land near Coffeyville, Kansas on which
Coffeyville Resources’ fertilizer complex (including the Facilities) is located, which parcel is
more particularly identified on Exhibit D hereto.

     (n) “Environmental Laws” — any now-existing or hereafter enacted or promulgated federal,
state, local, or other law, statute, ordinance, rule, regulation or court order pertaining to (i)
environmental protection, regulation, contamination or clean-up, (ii) toxic waste, (iii)

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underground storage tanks, (iv) asbestos or asbestos-containing materials, or (v) the handling,
treatment, storage, use or disposal of Hazardous Substances, including, without limitation, the
Comprehensive Environmental Response, Compensation and Liability Act, the Resource Conservation
and Recovery Act, or state lien or state superlien or environmental protection, regulation,
contamination or clean-up statutes, all as exist from time to time.

     (o) “Environmental Loss” — all (i) claims, demands, judgments, liabilities, losses, damages,
civil penalties and civil fines, (ii) attorneys’, experts’, consultants’, contractors’, or
accountants’ fees, expenses, court costs and other out-of-pocket expenses, and (iii) costs of
investigation, characterization, remediation, clean-up and disposal, which arise as a result of a
violation of any Environmental Law or the presence, use, handling, storage, disposal, release,
treatment, processing or utilization of any Hazardous Substances.

     (p) “Facilities” — together, the BOC Facility and the BOC Pipelines.

     (q) “Force Majeure” — “Force Majeure” shall have the meaning given such term in Section 11(a) hereof.

     (r) “Gasification Project” — the gasification to ammonia project at the Coffeyville Plant
Site including, but not limited to, a gasification plant, an ammonia synthesis loop and related
storage facilities, a UAN plant and related storage facilities, coke handling and storage
facilities, and interconnecting piping and related off-site support facilities, including
utilities.

     (s) “Hazardous Substance” — any of the substances that are defined or listed in, or otherwise
classified, or which may come to be so defined, listed or classified pursuant to, any applicable
statutes, laws, rules or regulations, as “hazardous substances,” “hazardous materials,” “hazardous
wastes” or “toxic substances,” or any other formulation intended to define, list or classify
substances by reason of deleterious properties, including but not limited to any chemical,
material or substance, exposure to which is prohibited, limited or regulated by any governmental
authority or which may or could pose a hazard to the health and safety of any person in the
vicinity of the Coffeyville Plant Site.

     (t) “High Pressure Air Product” — clean, dry air product conforming to the product
specifications set forth in Paragraph I of Exhibit A hereto.

     (u) “Liquid Product Storage Facility” shall have the meaning given such term in Section l(c)
hereof.

     (v) “Minimum Product Charge” — the minimum monthly charge payable by Coffeyville Resources to
BOC hereunder with respect to Product as more specifically described on Exhibit G hereto,
subject to adjustment as provided herein.

     (w) “Nitrogen Product” — nitrogen gas (including vaporized liquid) and liquid conforming to
the product specifications set forth in Paragraph I of
Exhibit A hereto.

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     (x) “Oxygen Product” — oxygen gas (including vaporized liquid) and liquid conforming to the
product specifications set forth in Paragraph I of
Exhibit A hereto.

     (y) “Permits” — licenses, permits and approvals of third parties, governmental agencies or
authorities, including licenses, permits and approvals of governmental agencies or authorities
respecting health, safety and the environment.

     (z) “Product” — collectively CDA product, Oxygen Product and Nitrogen Product.

     (aa) “Standard Cubic Foot” — the quantity of Product which would occupy a cubic foot of space
at a pressure of 14.7 pounds per square inch absolute and a temperature of 70°F (the phrases
“Standard Cubic Foot” and “Standard Cubic Feet” are sometimes hereinafter abbreviated “scf”).

     (bb) “Supply Period” — that period of time commencing on June 1, 2005 and ending on April 30,
2020 (subject to extension or earlier termination pursuant to the provisions hereof).

SECTION 2 THE BOC FACILITY AND THE PIPELINES

     (a) BOC shall indemnify and hold Coffeyville Resources and the other Coffeyville
Entities harmless from and against any and all claims, damages, liabilities, losses, costs and
expenses (including reasonable attorneys’ fees), arising from (i) noncompliance by BOC or BOC
Entities with any Environmental Laws or (ii) conditions on, at or under the BOC Plant Site, in
each case, caused by BOC’s construction of the Facilities or other operations from and after the
date that BOC occupies the BOC Plant Site. Coffeyville Resources shall indemnify and hold BOC and
the other BOC Entities harmless from and against any and all claims, damages, liabilities, losses,
costs and expenses (including reasonable attorneys’ fees), arising from (i) noncompliance by
Coffeyville Resources or Coffeyville Entities with any Environmental Laws caused by Coffeyville
Resource’s occupation, use or operation of the Coffeyville Facilities or the Coffeyville Plant
Site (whether prior to, on, or following the date that BOC occupies the BOC Plant Site) or (ii)
conditions on, at or under the BOC Plant Site prior to the date that BOC occupies the BOC Plant
Site. All indemnification obligations pursuant to this Section 2(a) shall be subject to the
provisions of Section 19(e) and 19(f) hereof.

     (b) Subject to section 2(d), the BOC Plant Site shall be occupied exclusively by BOC solely
for the construction, use, operation and maintenance of the Facilities for the supply of Products
as contemplated hereunder and the retention and sale of certain other industrial gases as set forth
in Sections 3 and 5 hereof, without cost for such occupancy, until the Facilities are removed in
accordance with the terms hereinafter provided.

     (c) Commencing on the date of execution and delivery of this Agreement, Coffeyville Resources
grants to BOC and its directors, officers, employees, agents, contractors and subcontractors,
with or without vehicles, equipment, materials and machinery, the following easements,
rights-of-way and licenses over the Coffeyville Plant Site (provided that any such use shall not
unreasonably interfere with the use or occupancy by or on behalf of Coffeyville

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Resources of the Coffeyville Plant Site and that BOC will cooperate with Coffeyville Resources and
any and all third parties at the Coffeyville Plant Site to coordinate such use):

     (i) at all times by day or by night to enter upon and use all or any of the Coffeyville
Plant Site for the purpose of installing, maintaining, repairing, reconstructing,
renovating, replacing, modifying, operating or removing all or any portion of the BOC
Facilities located thereon;

     (ii) in locations reasonably satisfactory to BOC and Coffeyville Resources and subject
to Coffeyville Resource’s reasonable direction at all times by day or by night for road
purposes, to enter upon, cross, pass and repass over and exit from all or any of the
Coffeyville Plant Site to the extent reasonably necessary for access and egress to and from
the BOC Plant Site; and

     (iii) in locations reasonably satisfactory to BOC and Coffeyville Resources and
subject to Coffeyville Resource’s reasonable direction, at all times by day or by night, to
enter upon and use all or any of the Coffeyville Plant Site for other purposes to the
extent reasonably necessary to enable BOC to perform its obligations under this Agreement;

all of which easements, rights-of-way and licenses are granted subject to BOC’s compliance with the
reasonable security and safety requirements and rules of Coffeyville Resources, and shall remain in
full force and effect until the earlier of: (i) 360 days after the expiration or other termination
of this Agreement; or (ii) the date the Facilities are removed from the BOC Plant Site. Farmland
previously delivered to BOC a Memorandum of License in the form attached hereto as Exhibit J, which
remains in effect.

     (d) Coffeyville Resources hereby reserves for itself and for its agents, contractors, tenants,
licensees and employees: (i) the non-exclusive right to use the BOC Plant Site for such ingress,
egress, utility facilities and other connections and uses as may be reasonably necessary in
connection with the ownership, use, enjoyment, repair, maintenance and expansion of the Coffeyville
Facilities; (ii) the non-exclusive right to use a 12-feet-wide portion of the BOC east-west pipe
rack within the BOC Plant Site with a loading capacity up to 30 pounds per square foot for the
installation, operation and maintenance by Coffeyville Resources of its cable tray and cables;
provided, however, that Coffeyville Resources shall not exercise its rights with respect to any
such reserved rights in any manner that unreasonably interferes with the use of the BOC Plant Site
by BOC in accordance with the terms of this Agreement (except that Coffeyville Resources may
interfere with BOC’s use of the BOC Plant Site to the extent necessary to comply with any
Environmental Laws or that certain Resource Conservation and Recovery Act (RCRA) Facility
Investigation Order dated October 24, 1995, issued to Farmland Industries, Inc., Coffeyville
Resources’ predecessor, by the United States Environmental Protection Agency, which interference
shall not be deemed a Force Majeure for purposes of this Agreement).

     (e) The BOC Facilities are not intended to be or to become a fixture or otherwise part of the
BOC Plant Site, or of any other property owned by Coffeyville Resources or its assigns
notwithstanding the manner in which it, or any part of it, is installed or affixed, but said
Facilities are intended to remain the personal property of BOC (or its lessor) at all times.
Coffeyville

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Resources shall indemnify and hold BOC harmless from and against any and all losses, costs,
damages, claims and liabilities arising out of any inability (including any delay) on the part of
BOC to remove all or any part of the Facilities from the BOC Plant Site, pursuant to Section 2(j)
or otherwise, because of any right on the part of Coffeyville Resources or its assigns to the
effect that the same is a fixture or otherwise part of the BOC Plant Site and may not be removed
from the BOC Plant Site (including any assertion of any such right), together with all costs and
expenses (including reasonable legal fees) incurred by BOC in resisting any such right or
assertion, whether or not such resistance was successful, such indemnification to be subject to the
provisions of Sections 19(e) and 19(f) hereof.

     (f) Coffeyville Resources shall provide, at the BOC Facility, sufficient quantities of the
items listed on Exhibit F as may, from time to time, be reasonably required for the construction,
operation and maintenance of the BOC Facility, all of which shall be, except as set forth in
Exhibit F or otherwise specified herein, without cost to BOC. Coffeyville Resources acknowledges
that BOC intends to operate the BOC Plant at all times during the Supply Period, including those
times when Coffeyville Resources does not desire to take delivery of any Product, and Coffeyville
Resources shall provide sufficient quantities of the items listed on Exhibit F as may be reasonably
required to operate the BOC Plant at all such times during the Supply Period.

     (g) BOC shall not do or permit others under its control to do any work in or about the BOC
Plant Site, or related to any repair, rebuilding, restoration, replacement, alteration of or
addition to the BOC Plant Site, unless BOC shall have first procured and paid for all necessary
Permits in accordance with the provisions of Section 9(d) hereof.

     (h) In the event that any of the contaminant levels of the atmosphere at the BOC Plant Site
exceed the applicable amount set forth on Exhibit C hereto after the date hereof and, in
the reasonable opinion of BOC, operation of the BOC Facility may be hazardous or the BOC Facility
may be damaged, or BOC’s ability to meet the product specifications set forth in Paragraph I of
Exhibit A hereto may be impaired as a result of such condition (a “Hazardous Condition”),
Coffeyville Resources and BOC shall proceed as set forth in this Section 2(h). BOC shall promptly
notify Coffeyville Resources thereof, specifying the particular contaminant levels and the effect
thereof. Upon receipt of such notice, Coffeyville Resources shall, at its election within sixty
(60) days thereafter proceed to do one of the following: (i) correct such condition by removal or
modification of the contaminant source; (ii) request BOC to make such additions or modifications
to the BOC Facility as BOC deems reasonably necessary to compensate for such Hazardous Condition,
whereupon BOC shall undertake to do the same; or (iii) terminate this Agreement by providing
written notice to BOC and paying to BOC the applicable termination fee listed on Exhibit I
hereto. The cost of any action taken pursuant to the preceding sentence other than the payment of
a termination fee by Coffeyville Resources pursuant to clause (iii) of such sentence shall be (x)
borne by Coffeyville Resources if Coffeyville Resources was the cause of the Hazardous Condition,
(y) borne by BOC if BOC was the cause of the Hazardous Condition, and (z) in all other cases borne
equally by BOC and Coffeyville Resources.

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     (i) Neither Coffeyville Resources nor BOC shall do or suffer anything to be done whereby the
BOC Plant Site or the Facilities or any part thereof may be encumbered by any mechanics’ lien or
other similar lien and if whenever and as often as any mechanics’ lien, or other similar lien is
filed against the BOC Plant Site or the Facilities or any part thereof purporting to be for or on
account of any labor, materials or services furnished in connection with any work in or about the
BOC Plant Site or the Facilities done by, for or under the authority of either party hereto or
anyone claiming by, through or under such party, such party shall discharge the same of record
within sixty (60) days after the date of filing. Notwithstanding the above, each party hereto shall
have the right to contest any such mechanics’ lien or other similar lien if within said sixty (60)
day period stated above it notifies the other party in writing of its intention so to do and, if
requested by the other party, deposits with such party a bond in favor of such party, with a surety
company acceptable to such party as surety, in the total sum of at least one hundred twenty-five
percent (125%) of the amount of the lien claim so contested, indemnifying and protecting such party
from and against any liability, loss, damage, cost and expense of whatever kind or nature growing
out of or in any way connected with said lien and the contest thereof, and if, and provided
further, such party diligently prosecutes such contest, at all times effectively stays or prevents
any official or judicial sale of the BOC Plant Site or the Facilities, or any part thereof or
interest therein, under execution or otherwise, and pays or otherwise satisfies any final judgment
adjudging or enforcing such contested lien claim and thereafter promptly procures record release or
satisfaction thereof.

     (j) BOC shall have 360 days from and after any expiration or termination of this Agreement to
remove the Facilities from the BOC Plant Site. BOC shall restore the BOC Plant Site to the
condition it was in immediately prior to the time it was made available to BOC by Coffeyville
Resources’ predecessor, Farmland Industries, Inc., but not including removing any foundations or
other underground installations, and upon said removal of the Facilities, such foundation and
underground installations shall become the property of Coffeyville Resources.

     (k) Coffeyville Resources, for itself and its duly authorized representatives and agents,
reserves the right, upon reasonable notice to BOC, to enter the BOC Plant Site during the term of
this Agreement for the purpose of (i) examining and inspecting the same as permitted hereunder and
for the purpose of exercising any and all of Coffeyville Resource’s other rights under this
Agreement, (ii) performing, at Coffeyville Resources’ option, such work in and about the BOC Plant
Site as may be made necessary by reason of BOC’s default under any of the provisions of this
Agreement, (iii) conducting environmental assessment, monitoring or compliance activities, and
(iv) for such other purposes as Coffeyville Resources may reasonably determine to be necessary or
appropriate. Coffeyville Resources may, during the progress of said work and activities mentioned
in (ii) and (iii) above, keep and store on the BOC Plant Site all necessary materials, supplies
and equipment, and Coffeyville Resources shall not be liable for any inconvenience, annoyances,
disturbance, loss of business or other damage suffered by reason of the performance of any such
work or by the storage of materials, supplies and equipment or by Coffeyville Resources’ exercise
of any of its rights under this Agreement, except to the extent caused by the negligence of
Coffeyville Resources or its representatives or agents.

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     (1) BOC
will consult with Coffeyville Resources and use all reasonable efforts to coordinate
scheduled maintenance and other temporary scheduled interruptions in the operations of the
Facilities during periods of scheduled down time for the Coffeyville Facilities.

     (m) BOC shall cooperate with Coffeyville Resources and any and all third parties at the
Coffeyville Plant Site to coordinate the activities of all parties working at the Coffeyville Plant
Site. Coffeyville Resources shall have the right, from time to time, to designate a contractor,
agent or other representative of Coffeyville Resources’ choice to coordinate the activities of all
contractors working on or near the BOC Plant Site or in connection with the Gasification Project.
BOC shall cooperate with all such coordination efforts and shall take such steps as may be
reasonably required for the orderly progress of the Gasification Project without interruption or
disruption attributable to the acts or omissions of BOC. Coffeyville Resources and BOC shall, in
general, and to the best of their ability, conduct their respective operations on or near the BOC
Plant Site in such a manner as to cause no interference or disruption with the other’s operations.
BOC acknowledges that Coffeyville Resources intends to operate the Coffeyville Facilities
twenty-four (24) hours a day, seven days a week, during the time that BOC is performing its
obligations hereunder, and BOC shall undertake its obligations hereunder in a manner that does not
interrupt or disrupt the operations of the Coffeyville Facilities.

SECTION 3 PURCHASE AND SALE OF PRODUCT

     (a) It is anticipated that the BOC Plant will be operated on a continuous basis during the
Supply Period and will produce a uniform volume of Product. From time to time Coffeyville Resources
will advise BOC of the volume of Product it will purchase from BOC, such advice to be effective
until new advice is given by Coffeyville Resources. Coffeyville Resources shall pay BOC for such
Product in accordance with the provisions of Section 4 hereof. In the event Coffeyville Resources
desires to take delivery of less Product than that amount described
in Paragraph II of Exhibit A
hereto, then Coffeyville Resources will continue to pay BOC for such Product in accordance with the
provisions of Section 4 hereof, provided, however, that in the event that Coffeyville Resources
desires to purchase less Product than that amount described in Paragraph II of Exhibit A for a
period of more than twenty-four (24) hours, then the Supply Period shall be extended by that number
of hours that is equal to the number of hours for which Coffeyville Resources desires to take
delivery of less Product than that amount described in
Paragraph II of Exhibit A, but not to exceed
180 days, and there shall be no Minimum Product Charge during such extension period.

     (b) (i) During the Supply Period, BOC shall sell and deliver to Coffeyville Resources, and
Coffeyville Resources shall purchase and accept from BOC, Coffeyville Resources’ requirements of
Product for its Gasification Project located at the Coffeyville Plant Site; provided, however, that
BOC shall not be obligated to supply gaseous Oxygen Product or gaseous Nitrogen Product from the
BOC Plant to Coffeyville Resources at an instantaneous flow rate in excess of the applicable rate
that is stated in Paragraph II of Exhibit A or vaporized liquid Oxygen Product or vaporized liquid
Nitrogen Product from the Liquid Product Storage Facility at a rate in excess of the applicable
vaporization capacity set forth in Paragraph III of Exhibit A.

8

 

Delivery and transfer of title to all Product shall be made at the point where each of the
Coffeyville Pipelines are connected to the corresponding BOC Pipelines.

          (ii) BOC’s
delivery commitments to Coffeyville Resources, as stated in Paragraph 3(b) (i)
above, shall be satisfied, primarily, by the delivery of gaseous Product produced at the BOC Plant;
however, if the BOC Plant is not operating, or Coffeyville Resources’ requirements exceed the
capacity of the BOC Plant, BOC will then supply Coffeyville Resources with vaporized liquid Product
delivered from the inventory of the Liquid Product Storage Facility. If requested by Coffeyville
Resources, BOC will replenish the inventory of the Liquid Product Storage Facility with hauled-in
liquid product to the extent available from outside sources (“Supplemental Product”). Supplemental
Product shall be billed to Coffeyville Resources as set forth in Paragraphs IV and V of Exhibit G.

          (iii) During the Supply Period, Coffeyville Resources shall not purchase any Oxygen Products
or Nitrogen Products for any other use at the Coffeyville Plant Site from any third party except
as set forth in section 3(d) below.

     (c) In the event that during the Supply Period BOC elects to produce Product in excess of the
amount of Product to be purchased by Coffeyville Resources hereunder for the purpose of retaining,
marketing and selling such Product for its own account pursuant to Section 5 hereof, BOC shall pay
Coffeyville Resources any incremental cost Coffeyville Resources incurs in order to provide
sufficient quantities of those items provided by Coffeyville Resources pursuant to Section 2(f)
hereof to allow BOC to produce such excess Product.

          For the purposes of this Section 3(c), Coffeyville Resources’ incremental costs for liquid
Oxygen Product and liquid Nitrogen Product retained by BOC for its own account and sold to third
parties shall be deemed paid in full upon the credit to Coffeyville Resources by BOC of the
following amounts:

(***) per ton of such liquid Oxygen Product 

(***) per ton of such liquid Nitrogen Product

BOC shall meter all quantities of such liquid Product on BOC’s truck scales and shall calculate and
provide to Coffeyville Resources all credits due to Coffeyville Resources therefor on a monthly
basis. Coffeyville Resources will apply those credits against BOC’s invoices for the Minimum
Product Charge.

     (d)
If at any time during the Supply Period Coffeyville Resource’s
requirements for Product exceed, or are expected to exceed, any of
the instantaneous flow rates set forth in Paragraph II of
Exhibit A by an amount which exceeds such instantaneous flow
rate by at least 10 percent (the amount of such excess over and
above 10% defined herein as “Excess Product”), then:

          i.
Coffeyville Resources shall promptly provide BOC with written notice
(“Excess Product Notice”) of the need for such Excess
Product in accordance with Section 15 of this Agreement. Such
Excess Product Notice shall include the approximate quantity of
Excess

9

 

Product
and the approximate date by which Coffeyville Resources requires such
Excess Product (“Excess Product Date”); and

          ii.
For 60 days following BOC’s receipt of such Excess Product
Notice, BOC and Coffeyville Resources shall work together to jointly
develop and request for Proposal (“RFP”) for the purpose of
soliciting bids from third parties and BOC for supplying Excess
Product to the Coffeyville Facilities by the Excess Product Date. BOC
and Coffeyville Resources agree that it is their mutual intention
that the RFP will not provide for the solicitation of bids for the
sale of equipment, but will be limited to contracts for the supply of
Excess Product; and

          iii.
Coffeyville Resources shall have 60 days from the date BOC and
Coffeyville Resources complete preparation of the RFP to distribute
the RFP and solicit bids from BOC and any third party bidders
(“Bidding Period”); provided, however, that if BOC and
Coffeyville fail to complete the RFP by the time described in
Section 3(d)(ii) above, then Coffeyville Resources may submit
its own RFP to BOC and third parties and the 60 day Bidding
Period would then start on the date of Coffeyville Resources’
distribution of such RFP; and

          iv.
Within 7 days after the conclusion of the Bidding Period,
Coffeyville Resources shall provide BOC with written notice
(“Bid Decision Notice”), in accordance with Section 15
of this Agreement, as to whether: (a) it agrees to accept
BOC’s bid; or (b) intends to accept one of the bids
submitted by a third party; and

          v.
 If Coffeyville Resources accepts BOC’S bid, then
Coffeyville Resources shall purchase its Excess Product from BOC as
of the Excess Product Date in accordance with the terms and
conditions of BOC’s bid; and

(***)

10

 

(***)

11

 

SECTION 4 PRICING AND PAYMENT

     (a) Except as otherwise provided herein, Coffeyville Resources shall pay BOC in
accordance with the pricing schedule set forth on Exhibit G hereto.

     (b) On or before the 10th day of each month, BOC shall submit an invoice (each, a “Minimum
Product Charge Invoice”) to Coffeyville Resources covering the Minimum Product Charge applicable to
such month. All Minimum Product Charge Invoices shall be on a net cash basis, payable by
Coffeyviile Resources within twenty (20) days after receipt thereof. In the event BOC has not
received payment within forty (40) days of the date of a Minimum Product Charge Invoice, BOC at its
sole option may assess interest thereon at an annual rate equal to the prime rate then in effect at
Chase Manhattan Bank, N.A., plus two percent (2%) from and after the date such payment was due to
the date when paid.

     (c) On or before the 10th of each month, BOC shall submit an invoice (each, an “Other Charges
Invoice”) to Coffeyville Resources covering all charges and other sums other than the Minimum
Product Charge, if any, applicable to the immediately preceding month as well as all Product
delivered prior to such month that was not covered by a prior invoice. All Other Charges Invoices
shall be on a net cash basis, payable by Coffeyville Resources within ten (10) days after receipt
thereof. In the event BOC has not received payment within thirty (30) days of the date of an Other
Charges Invoice, BOC at its sole option may assess interest thereon at an annual rate equal to the
prime rate then in effect at Chase Manhattan Bank, NA, plus two percent (2%) from and after the
date such payment was due to the date when paid.

     (d) From time to time during the term of this Agreement, BOC shall have the right to increase
the applicable unit prices for liquid Products in the pricing schedule set forth on Exhibit G
hereto pursuant to this Section 4(d) by giving Coffeyville Resources written notice thereof. Said
increased prices shall become effective thirty (30) days after the date of said notice; provided,
however, that if Coffeyville Resources, within fifteen (15) days
after the date of said notice, furnishes BOC with a bona fide, firm,
written offer from a responsible seller offering to sell Coffeyville
Resources comparable Product, in like quantities, under similar
conditions and at a lower price, BOC shall within fifteen (15) days
thereafter agree to either: (i) meet said lower price; or
(ii) reinstate the price thereof in effect at the time of said
notice of increase, whichever BOC, in its sole discretion, may elect.

     (e) During the Supply Period, Coffeyville Resources will provide a monthly credit to BOC for
Lost Liquid Production (as “Lost Liquid Production” is defined below). The credit shall be
calculated on a monthly basis using the following formula:

     ($46/ton)[(Operating Days in Month)(120) — (Actual Tons Liquid Production)] = Credit

and will
be capped at $70,000 in any single month. The $46/ton price and
$70,000/month cap will
adjust (up or down) on a monthly basis based upon the actual total power cost as billed to
Coffeyville Resources by the City of Coffeyville, Kansas (expressed as $/KWH) compared to the
actual total power cost in June 2005 (expressed as $/KWH). The actual total power cost in June

12

 

2005 was $.03965/KWH. As an example, attached as Exhibit K is the adjustment calculation per this
paragraph for July 2005. For purposes of this Section 4(e), the following terms shall have the
meanings set forth below:

          (i) “Operating Day” shall mean hours of operation in any calendar day during which BOC is
providing all Products at the purity volumes and pressures provided for herein divided by 24.

          (ii) “Liquid Production” shall mean the sum of liquid Nitrogen Product and liquid Oxygen
Product as determined by BOC scale tickets.

          (iii) “Lost Liquid Production” shall mean Liquid Production which is not realized by BOC
solely due to the supply of High Pressure Air Product by BOC to Coffeyville Resources pursuant to
this Agreement.

SECTION 5 ARGON, CO2 BYPRODUCT AND OTHER BYPRODUCTS

     (a) During the Supply Period, BOC shall be entitled to retain, market and sell for its
own account: (i) all Argon produced by the BOC Plant; (ii) all CO2 Byproduct, except to
the extent retained by Coffeyville Resources or its affiliates and except to the extent otherwise
provided in or pursuant to Section 5(b) herein; and (iii) all other byproducts and other industrial
gases, in liquid or gaseous form, produced by the BOC Plant, including Product in excess of BOC’s
obligations to supply same to Coffeyville Resources hereunder. BOC shall be solely responsible
for the proper disposal, in accordance with all applicable Environmental Laws and Permits of any
and all byproducts and other emissions and wastes generated by the BOC Plant (including from CO2
Byproduct delivered to BOC) other than Products delivered to Coffeyville Resources hereunder.
Except as permitted by Section 5(b) herein, Coffeyville Resources agrees that it will not sell or
deliver CO2 Byproduct to anyone other than BOC, its affiliates and affiliates of Coffeyville
Resources.

     (b) Subject to Paragraph 5(a) above, BOC and Coffeyville Resources hereby agree as follows:

          (i) For
a period of no less than 90 days, commencing as of the effective date
of this Agreement, which period shall be referred to as the
“Initial Negotiating Period,” BOC and Coffeyville Resources
shall negotiate in good faith to jointly develop projects relating to
the marketing and sale of CO2 Byproduct produced by the
Coffeyville Facilities (“CO2 Projects”) which
are mutually acceptable to both parties. BOC and Coffeyville
Resources further agree that each party can own up to a maximum of
50% of any individual CO2 Project.

          (ii) If
BOC and Coffeyville fail to jointly develop CO2 Projects
mutually acceptable to both parties during the Initial Negotiating
Period, then, at any time after the expiration of the Initial
Negotiating Period, either BOC or Coffeyville Resources (the
“Proposing Party”) shall provide the other party (the
“Receiving Party”) with written Notice of a Bona Fide Offer
setting forth all terms of said Bona Fide Offer. Said Notice shall be
provided in accordance with

13

 

Section 15 of this Agreement. A Bona
Fide Offer may come from a third party, Coffeyville Resources or BOC.

          (iii) For
a period of no less than 90 days, commencing as of the date
written Notice of a Bona Fide Offer is received by the Receiving
Party, BOC and Coffeyville Resources shall negotiate in good faith to
consider the Bona Fide Offer. If BOC and Coffeyville Resources agree
to accept the Bona Fide Offer, then, unless the parties agree
otherwise, all profits, losses, tax credits and carbon sequestration
credits earned in connection with the sale of CO2
Byproduct associated with the Bona Fide Offer shall be shared between
BOC and Coffeyville Resources in the same proportion as the ownership
proposed in connection with the related Bona Fide Offer. If, at the
expiration of 90 days, BOC and Coffeyville Resources have not
reached agreement as to whether to accept or reject the Bona Fide
Offer, then the Proposing Party shall be authorized to accept the
Bona Fide Offer, and
shall have the exclusive right to retain 100% of all profits, tax
credits and losses earned in connection with the sale of
CO2 Byproduct to such Third Party Buyer. In that event,
the Proposing Party shall indemnify and hold the Receiving Party, its
directors, officers, agents, employees, subsidiaries, and affiliates,
harmless from and against any and all claims, demands, judgments,
liabilities or expenses arising out of or in any way connected with
the Proposing Party’s use, transportation, marketing or sale of
such CO2 Byproduct.

SECTION 6 TAXES

     (a) Coffeyville Resources shall pay the amount of all Federal, state and local taxes, however
denominated (except taxes on BOC’s net income or for its general privilege to conduct business in
any state), arising in connection with the production, sale or delivery of any Product hereunder,
including, without limitation, all real and personal property taxes (and any payments associated
with such taxes) applicable to the Facilities, or any part thereof. BOC agrees to use its
commercially reasonable best efforts to secure such exemptions from real and personal property
taxes as may be available now and from time to time with respect to the BOC Facilities. BOC will
cooperate with Coffeyville Resources should Coffeyville Resources desire to contest any sales or
other tax assessed by any governmental unit, all at Coffeyville Resources’ expense.

     (b) In the event that any tax covered by this Section 6 should be assessed against and paid by
a party other than the party required hereunder to pay such tax, such other party shall promptly
reimburse such party for such payment

     (c) Upon request, a properly completed exemption certificate (where appropriate) for any tax
from which a party claims exemption shall be provided to the other party.

SECTION 7 PRODUCT SPECIFICATIONS

     BOC warrants that all Products and gas sold and delivered to Coffeyville Resources under this
Agreement shall conform to the product specifications set forth in
Paragraph I of Exhibit A
hereto. THE WARRANTY SET FORTH IN THIS PARAGRAPH 7 IS IN LIEU OF ALL OTHER WARRANTIES,
REPRESENTATIONS OR CONDITIONS OF ANY KIND OR

14

 

NATURE, EXPRESS OR IMPLIED, IN FACT OR BY LAW, RESPECTING THE PRODUCTS AND GAS
SOLD TO COFFEYVILLE RESOURCES.

SECTION 8 CLAIMS

     Written notice of all claims having anything to do with any Products delivered by BOC
to the Coffeyville Pipelines or for failure to make timely delivery, shall be made within
forty-five (45) days of such delivery, or of the date on which such delivery was to have been
made, as the case may be. Written notice of all claims with respect
to billing matters shall be
made within one (1) year of the date of the relevant invoice. Failure by Coffeyville Resources to
give such written notice within such time shall constitute a complete defense for BOC against such
claims by Coffeyville Resources, except as otherwise specifically provided in Section 9 hereof.

SECTION 9 ALLOCATIONS OF RESPONSIBILITY

     (a) BOC shall bear the risk of loss with respect to all Product until Product is
delivered by BOC to Coffeyville Resources under Section 3(b) hereof, at which time risk of loss
shall pass to Coffeyville Resources.

     (b) Coffeyville Resources acknowledges that there are hazards associated with the use of
Product. BOC will provide Coffeyville Resources with Material Safety Data Sheets setting forth the
general hazards and safety information relating to Product. Coffeyville Resources hereby assumes
all responsibility for warning its employees and its independent contractors exposed to Product of
all such hazards and shall hold harmless and indemnify BOC from and against all liability arising
from any failure to make such warnings, such indemnification to be subject to the provisions of
Sections 19(e) and 19(f) hereof. BOC shall promptly notify Coffeyville Resources of any
additional hazards of which BOC may, from time to time, become aware.

     (c) Final determination of the suitability of the Product (assuming such Product conforms to
the specifications and other requirements of this Agreement) for any use contemplated by
Coffeyville Resources is the sole responsibility of Coffeyville Resources, and BOC shall have no
responsibility in connection therewith. Coffeyville Resources shall avail itself of testing
devices to determine the purity of Product before Coffeyville Resources uses it at Coffeyville
Resources’ discretion, but no error in, or failure to make, any such test shall impair any right on
the part of Coffeyville Resources to pursue its remedies for breach of warranty hereunder.

     (d) BOC shall obtain, comply with and preserve in full force and effect all Permits necessary
for the maintenance and operation of the BOC Facility. BOC shall cause all such Permits to be
made available for inspection by Coffeyville Resources. Coffeyville Resources shall cooperate with
BOC in obtaining and preserving all Permits necessary for the maintenance and operation of the BOC
Facility and shall reimburse BOC for the actual cost of such Permits. BOC shall cooperate with
Coffeyville Resources in obtaining and preserving any Permits necessary for the maintenance and
operation of the Coffeyville Facilities. Prior to obtaining any Permit necessary for the
maintenance or operation of the BOC Facility, BOC shall give

15

 

Coffeyville Resources notice thereof. If obtaining any Permit necessary for the maintenance
or operation of the BOC Facility would have the direct or indirect effect of impairing Coffeyville
Resources’ ownership, maintenance, operation and/or reasonably contemplated expansion of the
Coffeyville Facilities, Coffeyville Resources shall give BOC notice thereof; and the parties shall
cooperate to arrive at a fair and equitable resolution of such impairment.

     (e) BOC agrees to make such modifications to the BOC Facility as are required by governmental
agencies or authorities, by the modification or change in interpretation of any applicable laws or
Permits, or by the enactment or adoption of any new laws, so as to ensure that BOC’s maintenance
and operation of the BOC Facility and Coffeyville Resources’ ownership, maintenance and operation
of the Coffeyville Facilities, are in compliance therewith.

     (f) Other than any termination right Coffeyville Resources may have pursuant to the provisions
of Section 13 hereof, Coffeyville Resources’ exclusive remedy for each unexcused failure on the
part of BOC to deliver gaseous Product produced at the BOC Plant to Coffeyville Resources when
required hereunder (including the delivery of gas that does not conform to the product
specifications set forth in Paragraph I of Exhibit A hereto), whether or not such failure was
caused, in whole or in part by any negligence, shall be to receive an abatement of the fees
(together with any then applicable price adjustment) which Coffeyville Resources would otherwise
have been obligated to pay to BOC pursuant to Section 4(a) of this Agreement from the date such
failure occurs until such time as BOC resumes delivery of gaseous Product as required hereunder and
all Products so delivered conform to the product specifications set
forth in Paragraph I of Exhibit A hereto.

     (g) Other than any termination right Coffeyville Resources may have pursuant to the provisions
of Section 13 hereof, Coffeyville Resources’ exclusive remedy for each unexcused failure on the
part of BOC to deliver liquid Product from the Liquid Product Storage Facility or vaporized liquid
product to Coffeyville Resources when required hereunder, whether or not such failure was caused,
in whole or in part by any negligence, shall be to recover from BOC the difference between the cost
to Coffeyville Resources of any reasonable purchase of Product in substitution for the Product that
BOC so failed to deliver and the price of such quantity of Product hereunder, increased by any
expenses incurred by Coffeyville Resources in connection with the procurement of the substitute
Product and reduced by any expenses saved by Coffeyville Resources due to procurement of the
substitute Product.

     (h) Other than any termination right Coffeyville Resources may have pursuant to the
provisions of Section 13 hereof, Coffeyville Resources’ exclusive remedy for each unexcused
failure or act on the part of BOC whereby liquid product or vaporized liquid product that does not
conform to the product specifications set forth in Paragraph I
of Exhibit A hereto is delivered
from the Liquid Product Storage Facility to Coffeyville Resources, whether or not such failure or
act was, in whole or in part, negligent, shall be to receive a refund of the price of such
quantity of non-conforming product, or the replacement thereof with Product that does conform to
said product specifications at no additional charge to Coffeyville Resources.

     (i) Except to the extent that BOC’s rights and obligations are materially adversely affected
thereby, BOC shall provide all documents, reports, acknowledgments, consents to

16

 

assignments, certifications and other information reasonably requested by any person or entity, or
group of persons or entities, extending credit or making any financial accommodations directly or
indirectly to Coffeyville Resources, or for Coffeyville Resources’ benefit, for purposes of
financing or refinancing in any manner any costs or expenses related to the construction,
commissioning or operation of all or any part of the Gasification Project (each, a “Finance
Party”). BOC shall cooperate with all Finance Parties to the fullest extent possible. BOC shall
also enter into such amendments to this Agreement as Coffeyville Resources may reasonably request
in order to comply with any requirements imposed by any Finance Party to the extent that BOC’s
rights and obligations are not materially adversely affected thereby.

SECTION 10 METERS

     BOC shall install and maintain such metering as may be necessary hereunder. Such metering
shall be inspected by BOC for accuracy at least once per year. In addition, such metering shall
also be inspected and tested for accuracy at such other times as either party may reasonably elect.
Coffeyville Resources shall be notified of the times such tests are to be made and may observe such
tests. BOC shall bear the cost of all such tests, except those requested by Coffeyville Resources
that show that the meter tested was accurate within two percent (2%). If any meter is found to be
inaccurate by more than two percent (2%), any billings based on such meter shall be adjusted to
offset such inaccuracy with respect to only those deliveries made during the thirty (30) day period
prior to such test or during the latter half of the period of time since the said meter was last
previously tested, whichever period of time is shorter.

SECTION 11 EXCUSED NON-PERFORMANCE

     (a) Any failure, in whole or in part, by either party timely to perform any obligation on
its part to be performed under this Agreement (except the obligation to pay monies when due) shall
be excused to the extent that such failure is caused by any circumstance which is not within the
reasonable control of the party whose performance is prevented, restricted or otherwise interfered
with, including without limitation, by any act of God, flood, storm, earthquake, fire, explosion,
strikes, lockouts, industrial disputes or disturbances or other labor difficulty (regardless of
the reasonableness of the demands of labor or the power of the party concerned to concede), riot,
war, blockades, civil disorder, equipment breakdown or malfunction that was unavoidable through
proper maintenance, failure of product machinery or transportation facilities that was unavoidable
through proper maintenance, failure of or interference with utilities or other sources of supply,
accident or by any order, request or decree of any governmental body or agency (each, a “Force
Majeure”). Upon the occurrence of a Force Majeure, the party affected thereby shall give prompt
written notice thereof to the other party.

     (b) Each time that, due to any Force Majeure, BOC delivers less Product than is required by
Coffeyville Resources under Section 3(a) or Coffeyville Resources is unable to take any Product for
five (5) or more consecutive full days, that portion of the Minimum Product Charge (together with
any then applicable price adjustment) which Coffeyville Resources would otherwise have been
obligated to pay to BOC pursuant to this Agreement that is
apportionable to such full days shall be
abated. (Said number of full days shall be determined by dividing twenty-four into the number of
hours during which any such failure to deliver continued and

17

 

disregarding any fractional remainder). If either BOC or Coffeyville Resources so elects in
writing, the Supply Period shall be extended for two times the number of full days with respect to
which such Minimum Product Charge was so abated.

     (c) Subject to BOC’s obligations pursuant to Paragraph 2(1) hereof, BOC shall perform routine
maintenance (scheduled and unscheduled) on the BOC Facility in accordance with generally accepted
industry practices, and any such maintenance shall not be deemed a breach under this Agreement.

SECTION 12 PRICE ADJUSTMENTS

     Annually during the Supply Period, the Minimum Product Charge and the unit prices for gaseous
Product purchased by Coffeyville Resources hereunder shall be subject to price adjustment by BOC
as set forth in Exhibit B hereto.

SECTION 13 TERM

     (a) This Agreement shall be in effect from the date first set forth above to the expiration or
termination of the Supply Period.

     (b) Either party shall have the right to terminate this Agreement in accordance with this
Section 13(b) at any time in the event the other party fails to perform any material obligation
hereunder for reasons other than a Force Majeure or as a direct result of a breach by the other
party (a “Material Breach”). If either party (the “Other Party”) considers the other party (a
“Breaching Party”) to have committed a Material Breach, the Other Party may give to the Breaching
Party a notice of Material Breach stating the act or circumstances contended to be a Material
Breach and the section of the Agreement alleged to have been breached, and demanding that the
Material Breach be cured. If the Breaching Party fails to cure the Material Breach within thirty
(30) days after receipt of the notice of Material Breach, the Other Party may terminate this
Agreement upon thirty (30) days’ notice to the Breaching Party. If the nature of the Material
Breach is such that it cannot be cured in thirty (30) days but a cure is commenced during such
thirty (30) day period and diligently pursued thereafter, then such cure must be completed within
180 days from the date of notice of Material Breach, or the Other Party may terminate this
Agreement on notice at any time after the expiration of such 180-day period unless such breach is
then cured.

     (c) Either party shall have the right to terminate this Agreement upon written notice to the
other party upon (i) any failure by the other party to satisfy any final judgment, decree or order
against the other party which has not been stayed or appealed within thirty (30) days after the
entry thereof and which would materially adversely affect the other party’s ability to perform its
obligations under this Agreement if not so satisfied, stayed or appealed, or (ii) the other party
shall (A) be or become insolvent or generally fail to pay its debts as they become due, or (B)
voluntarily file a petition in bankruptcy or for reorganization under the United States Bankruptcy
Code, or (C) have filed involuntarily against it a petition in bankruptcy or for reorganization
under the United States Bankruptcy Code, which petition has not been stayed or dismissed within
sixty (60) days after the filing thereof, or (D) voluntarily initiate any act, process or

18

 

proceeding under any insolvency law or other statute or law providing for the modification or
adjustment of the rights of creditors, or (E) have initiated involuntarily against it any act,
process or proceeding under any insolvency law or other statute or law providing for the
modification or adjustment of the rights of creditors; which act, process or proceeding has not
been stayed or dismissed within sixty (60) days after the initiation thereof, or (iii) the other
party is a party to any merger or consolidation in which it is not the surviving entity or is
dissolved or liquidated.

     (d) In the event that this Agreement is terminated by Coffeyville Resources pursuant to
Section 13(b) or 13(c) hereof, Coffeyville Resources shall have the right and option to purchase
the Facilities on an “as is” and “where is” basis from BOC at the applicable purchase price listed
on Exhibit H hereto (such option shall be referred to herein as the “Option”). The term of
the Option shall commence on the date of such termination and shall expire 180 days thereafter.
Coffeyville Resources may exercise the Option by providing written notice to BOC of its election to
exercise the Option. In the event that Coffeyville Resources elects to exercise the Option, BOC
shall sell and convey to Coffeyville Resources, and Coffeyville Resources shall purchase from BOC,
the Facilities. The closing of the purchase of the Facilities shall take place on a mutually
agreeable business day within sixty (60) days following the date BOC receives Coffeyville
Resources’ notice of its election to exercise the Option. At the closing, Coffeyville Resources
shall pay BOC the purchase price (as calculated above), and BOC shall transfer and assign the
Facilities to Coffeyville Resources and shall deliver to Coffeyville a bill of sale and such other
appropriate instruments of transfer and physical possession as shall, in the reasonable opinion of
counsel for Coffeyville Resources, be effective to vest in Coffeyville Resources good and
marketable title to the Facilities.

SECTION 14 ASSIGNMENT

     This Agreement is not assignable by either BOC or Coffeyville Resources except upon the
written consent of the other party; provided, however, that such consent shall not be unreasonably
withheld. Notwithstanding the foregoing sentence, Coffeyville Resources may assign this Agreement
as contemplated or required by its financing scheme or to an affiliate without the consent of BOC
so long as BOC’s rights and obligations are not materially adversely affected thereby. The Parties
agree that for purposes of this Section 14, BOC’s rights and obligations shall not be deemed to be
materially adversely affected by an assignment so long as Coffeyville Resources remains
secondarily liable under this Agreement following such assignment.

SECTION 15 NOTICES

     Any notice or other communication required or permitted to be given pursuant to this
Agreement shall be deemed to have been duly given if delivered personally or sent by telex,
telecopy, facsimile transmission or certified mail (postage prepaid, return receipt requested),
addressed as provided below. Until another address or addresses shall
be furnished in writing by
either party, notices to BOC shall be given in duplicate, addressed
as follows:

19

 

The BOC Group, Inc.
 575
Mountain Avenue 

Murray Hill, NJ
07974 
Attention: General Counsel

And a copy also sent to:

BOC Gases

575 Mountain Avenue

Murray Hill, NJ 07974

Attention: Vice President — Product Management

and notices to Coffeyville Resources shall be addressed as follows:

Coffeyville Resources Nitrogen Fertilizers, LLC

10 East Cambridge Circle Drive

Suite 250

Kansas City, Kansas 66103

Attention: Chief Operating Officer

And a copy also sent to:

Coffeyville Resources Nitrogen Fertilizers, LLC

P.O. Box 5000

701 E. Martin Street

Coffeyville, Kansas 67337

Attention: Plant Manager

SECTION 16 GENERAL REPRESENTATIONS AND WARRANTIES

     (a) Each of the parties hereto make the following representations and warranties
to the other party hereto, each of which is true and correct on the date hereof:

     (i) Such party is a corporation or limited liability company duly organized, validly
existing and in good standing under the laws of the state of its organization, and is duly
qualified to transact business in the State of Kansas.

     (ii) Such party has the corporate power to execute and deliver this Agreement and to
carry out the transactions contemplated hereby, and perform its obligations hereunder. The
execution, delivery and performance of this Agreement and the consummation of the
transactions contemplated hereby will not violate, nor constitute a breach or default under,
the constituent documents of such party or any provision of any

20

 

mortgage, lien, lease, agreement, instrument, order, judgment, decree, law, Permit or
other restriction of any kind or character to which such party is subject.

     (iii) There is no claim, litigation or proceeding pending or, to the best knowledge of
such party, threatened against such party which, if decided adversely to such party, would
preclude it from consummating the transactions contemplated hereby or performing the
obligations hereunder or would subject the other party to any liability.

     (iv) This Agreement has been duly authorized, executed and delivered by such party and
is valid, binding and enforceable against it in accordance with its terms.

     (b) EXCEPT AS OTHERWISE SPECIFICALLY PROVIDED HEREIN, NEITHER PARTY HAS MADE ANY WARRANTIES,
EXPRESS OR IMPLIED, AND SPECIFICALLY DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE.

SECTION 17 CONFIDENTIALITY

     The parties acknowledge and agree that to the extent either party receives any proprietary or
confidential information regarding operations of the other (“Confidential Information”), such
Confidential Information represents valuable information to the party disclosing such Confidential
Information (the “Disclosing Party’), and the party receiving such Confidential Information (the
“Receiving Party’) agrees (a) not to disclose any Confidential Information of the Disclosing Party
to any third party without the written consent of the Disclosing Party, (b) not to use any
Confidential Information of the Disclosing Party for any purpose, other than to accomplish the
transactions contemplated under this Agreement, without the prior written consent of the Disclosing
Party, (c) to limit access to the Disclosing Party’s Confidential Information to the Receiving
Party’s employees who are directly involved with the transactions described in this Agreement, (d)
to inform each employee to whom the Disclosing Party’s Confidential Information is disclosed of the
restrictions as to the use and disclosure of such confidential Information and to ensure that each
such employee shall observe such restrictions, and (e) to return all of the Disclosing Party’s
Confidential Information upon termination of this Agreement. The restrictions on use and disclosure
described above shall not apply to information that (i) was known to either party prior to
disclosure by the other party, (ii) is or becomes part of the public knowledge or literature,
through no fault of the party to which it was disclosed, (iii) is subsequently received as a matter
of right without restriction or disclosure from a third party lawfully having possession thereof,
or (iv) in the reasonable opinion of counsel to the Disclosing Party, is required to be disclosed
by applicable law or regulation, by order of court or other governmental authority, or pursuant to
any listing agreement with, or the rules or regulations of any national securities exchange on
which securities of such party are listed or traded; provided, however, that prior to any such
disclosure, the Receiving Party shall provide the Disclosing Party with reasonable notice and an
opportunity to dispute or otherwise object to the required disclosure.

21

 

SECTION 18 RESOLUTION OF DISPUTES

     Except as otherwise specifically provided herein, the parties will in good faith attempt
to resolve promptly and amicably any dispute (which term includes the failure to reach any
agreement or grant any approval contemplated hereunder) between the parties arising out of or
relating to this Agreement pursuant to this Section 18. In the event that a party to this Agreement
has reasonable grounds to believe that the other party hereto has failed to fulfill any obligation
hereunder, that its expectation of receiving due performance under this Agreement may be impaired,
or that any other type of dispute between the parties arising out of or relating to this Agreement
exists, such party will promptly notify the other in writing of the substance of its belief. The
party receiving such notice must respond in writing within thirty (30) of receipt of such notice,
which response must (i) provide evidence of cure of the condition specified or provide an
explanation of why it believes that its performance is in accordance with the terms and conditions
of this Agreement, and (ii) specify three (3) proposed dates, all of which must be within thirty
(30) days from the date of the response, for a meeting to resolve the dispute. The claiming party
will then select one (1) of the three (3) dates, and a dispute resolution meeting will be held on
that date, which meeting shall be attended by a representative of each party with the power to
settle the dispute and at which time the representatives shall engage in good faith discussions in
an effort to resolve the dispute. If such representatives fail to resolve the dispute at such
meeting, they will work together to resolve the dispute for a fifteen (15) day period following the
meeting. If the dispute is not resolved within such fifteen (15) day period, the representatives
shall refer the matter to the two individuals with primary operational responsibility for the
respective parties at the level immediately subordinate to the respective chief executive officers
of the parties. If such individuals fail to resolve the dispute within thirty (30) days, despite
good faith attempts to do so, the parties will be free to pursue the remedies allowed under
applicable law without prejudice. Regardless of the nature of the dispute that exists between the
parties, both parties must continue to perform their obligations under this Agreement during any
dispute resolution efforts.

SECTION 19 INDEMNIFICATION

     (a) BOC agrees to indemnify and hold Coffeyville Resources, its directors, officers,
agents, employees, subsidiaries and affiliates (collectively, “Coffeyville Entities”) harmless
from and against any and all claims, demands, judgments, liabilities or expenses for injury,
sickness, disease or death to employees or other persons, or damage to property (subject to the
limitations of Section 19(f) hereof) arising out of or in any way connected with BOC’s design,
engineering, construction, installation, operation or maintenance of the BOC Facility or failure
to comply with applicable laws or Permits related thereto or breach of any of the provisions of
this Agreement. BOC agrees to defend, on behalf of the Coffeyville Entities, any suits, actions or
proceedings arising out of or in any manner connected with any of the aforesaid causes and to
reimburse the Coffeyville Entities for reasonable attorneys’ fees, settlements, losses, damages,
satisfactions, costs or other expenses incurred by the Coffeyville Entities arising out of or in
any manner connected with such suits, actions or proceedings. BOC’s obligation to indemnify,
defend, reimburse and hold the Coffeyville Entities harmless shall extend to and include, but not
be limited to, claims, demands, judgments, liabilities and expenses resulting from the personal
injury, sickness, disease or death of any persons, regardless of whether BOC has paid the person

22

 

under the provisions of any workers’ compensation statute or law, or other similar federal or
state legislation for the protection of employees. BOC’s indemnification obligations hereunder
shall exclude any liabilities (i) arising from any breach for which exclusive remedies are
otherwise provided hereunder or (ii) to the extent caused by the negligence of Coffeyville
Resources, its employees, agents or subcontractors.

     (b) BOC shall, at its sole expense, defend any claims, suits, actions or proceedings brought
against the Coffeyville Entities based on a claim that the design, engineering, construction,
installation, operation or maintenance of the Facilities or the use of any equipment, process or
technology, or any part thereof, furnished or manufactured by BOC or any of BOC’s agents or
subcontractors under this Agreement constitutes any infringement of U.S. patents or copyrights or
constitutes an improper use of any other proprietary rights (except where such infringement or
improper use is caused by the use of the Facilities in combination with any other equipment or
process not supplied by, on behalf, or at the request of BOC or any of BOC’s agents or
subcontractors or previously agreed in writing by BOC) (an “Alleged Infringement”), and BOC shall
pay all damages and costs awarded by a court of competent jurisdiction unappealed or unappealable
against Coffeyville Resources, provided that BOC is notified promptly in writing of any such claim
(except that the failure to promptly provide such notice shall not release BOC from such
obligations except to the extent BOC is materially prejudiced thereby), shall be given adequate
authority, information and assistance for the defense of same and shall have the full control of
the defense of any such suit, action or proceeding. BOC’s obligation to pay damages and costs
under the foregoing sentence shall only apply to the extent the Alleged Infringement is caused by
BOC. Coffeyville Resources shall have the right to participate at its own expense. BOC agrees to
reimburse the Coffeyville Entities for any claims, settlements, losses, damages, satisfactions,
costs or other expenses incurred by the Coffeyville Entities arising out of or in any manner
connected with such claims, suits, actions or proceedings, to the extent the Alleged Infringement
is caused by BOC. At BOC’s option, and at its expense, BOC may: (a) procure the right to continue
using the Facilities as contemplated under this Agreement; or (b) replace the Facilities with
non-infringing equipment (or modify the Facilities), provided that such replaced or modified
Facilities shall not differ functionally from the original Facilities in any material way.

     (c) Coffeyville Resources agrees to indemnify and hold BOC, its directors, officers, agents,
employees, subsidiaries and affiliates (collectively, “BOC Entities”) harmless from and against any
and all claims, demands, judgments, liabilities and expenses for injury, sickness, disease or death
to employees or other persons, or damage to property owned by parties other than BOC Entities,
arising out of or in any way connected with Coffeyville Resources’ design, engineering,
construction, installation, operation or maintenance of the Coffeyville Facilities or failure to
comply with applicable laws or Permits related thereto or breach of any of the provisions of this
Agreement. Coffeyville Resources agrees to defend, on behalf of the BOC Entities, any suits,
actions or proceedings arising out of or in any manner connected with any of the aforesaid causes
and to reimburse the BOC Entities for reasonable attorneys’ fees, settlements, losses, damages,
satisfactions, costs or other expenses incurred by the BOC Entities arising out of or in any manner
connected with such suits, actions or proceedings. Coffeyville Resources’ obligation to indemnify,
defend, reimburse and hold the BOC Entities harmless shall extend to and include, but not be
limited to, claims, demands, judgments, liabilities and expenses

23

 

resulting from the personal injury, sickness, disease or death of any persons, regardless of
whether Coffeyville Resources has paid the person under the provisions of any workers’ compensation
statute or law, or other similar federal or state legislation for the protection of employees.
Purchaser’s indemnification obligations hereunder shall exclude any liabilities (i) arising from
any breach for which exclusive remedies are otherwise provided hereunder or (ii) to the extent
caused by the negligence of BOC, its employees, agents or subcontractors.

     (d) Each
Party agrees to defend, indemnify, and hold harmless the other Party from any loss,
expense, claim, liability, demand or judgment arising out of or resulting from bodily injury to its
employees while on property controlled by, and with the permission of, the other Party, except to
the extent caused by the negligence of the other Party, its employees, agents or subcontractors.

     (e) A party entitled to indemnification under any provision of this Agreement is referred to
herein as an “Indemnified Party,” and a party required to provide such indemnification is
referred to herein as an “Indemnifying Party.” Promptly after receipt by an Indemnified Party of
notice of the commencement of any action or the making of any claim, such Indemnified Party will,
if a claim in respect thereof is to be made against the Indemnifying Party, notify the Indemnifying
Party in writing thereof. In case any such action or claim is brought against any Indemnified
Party, and it notifies the Indemnifying Party of the commencement or making thereof, the
Indemnifying Party will be entitled to participate therein and, to the extent that the Indemnifying
Party may elect by written notice to the Indemnified Party promptly after receiving the aforesaid
notice from such Indemnified Party, to assume the defense thereof. Upon receipt of notice from the
Indemnifying Party to such Indemnified Party of its election so to assume the defense of such
action or claim, the Indemnifying Party will not be liable to such Indemnified Party under such
indemnification for any legal or other expenses subsequently incurred by such Indemnified Party in
connection with the defense thereof.

     (f) NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, INCIDENTAL, OR
CONSEQUENTIAL DAMAGES UNDER ANY CIRCUMSTANCES, INCLUDING, WITHOUT LIMITATION,
LOST PROFITS OR DAMAGES DUE TO LOSS OF USE OF A FACILITY OR INDIRECT OR
CONSEQUENTIAL DAMAGES CAUSED BY OR ARISING OUT OF, IN WHOLE OR IN PART, ANY NEGLIGENT ACT OR
OMISSION.

SECTION 20 INSURANCE

     BOC, at its sole cost and expense, shall secure and maintain during the term of this
Agreement, the following minimum insurance coverage with respect to the BOC Plant and its
operations:

	 	(1)	 	Workers’ compensation insurance which fully complies with applicable workers’
compensation and occupational disease laws and which shall cover all of BOC’s
employees performing services in connection with matters contemplated by this
Agreement. BOC shall obtain and provide to Coffeyville Resources a valid waiver of any
right of subrogation against Coffeyville Resources or its employees

24

 

	 	 	 	for any injury or death to a person covered by or compensated under BOC’s workers’
compensation insurance, which waiver shall be executed by each of BOC’s workers’
compensation insurance carriers.
	 
	 	(2)	 	Employer’s liability insurance with limits of not less than $1,000,000 per
occurrence.
	 
	 	(3)	 	Comprehensive commercial general liability insurance including products and
completed operations, broad form property damage and broad form contractual liability,
with a limit for bodily injury or death of not less than $10,000,000 per occurrence
and a limit for property damage of not less than $10,000,000 per occurrence, or a
combined single limit for bodily injury, death and property damage of not less $10,000,000
per occurrence. The annual aggregate limit shall not be less than
$20,000,000. Coffeyville Resources shall be listed as an additional insured on such
policies.
	 
	 	(4)	 	Automobile liability insurance with a combined single limit for bodily
injury, death and property damage of not less than $2,000,000 per occurrence.
	 
	 	(5)	 	Property insurance for loss or damage to any property of BOC located within
the Facilities, with limits of not less than $20,000,000.
	 
	 	(6)	 	Such other insurance as required by law.

BOC shall obtain and provide to Coffeyville Resources a valid waiver of any right of subrogation
against Coffeyville Resources for damage to any property of BOC covered by BOC’s property
insurance, which waiver shall be executed by each of BOC’s property insurance carriers. Similarly,
Coffeyville Resources shall obtain and provide to BOC a valid waiver of any right of subrogation
against BOC for damage to the property of Coffeyville Resources covered by Coffeyville Resources’
property insurance, which waiver shall be executed by each of Coffeyville Resources’ property
insurance carriers. The insurance requirements listed above are the minimum requirements that are
acceptable to Coffeyville Resources as of the date hereof and shall not be considered indicative
of the ultimate amounts and types of insurance needed by BOC. Neither failure to comply nor full
compliance with the insurance provisions of this Agreement shall limit or relieve BOC from its
obligations under this Agreement. Upon request of Coffeyville Resources, BOC shall promptly
furnish Coffeyville Resources certificates of insurance on forms reasonably approved by
Coffeyville Resources listing all policies required of BOC above. Such certificates must provide
for not less than 30 days’ prior written notice to Coffeyville Resources in the event of
cancellation, nonrenewal or material change of any of such policies.

SECTION 21 TAKING & CASUALTY

     (a) In the event that the Facilities, or any material part thereof, shall be taken by
any public authority or for any public use, or by the action of any public authority, then this
Agreement may be terminated at the election of either BOC or Coffeyville Resources. Such

25

 

election shall be made by the giving of notice by one party to the other within thirty (30) days
after the right of election accrues. For purposes of this subsection (a), what constitutes a
“material part” of the Facilities shall be reasonably determined by BOC.

     In the event of such a taking, Coffeyville Resources shall be entitled to the entire award,
except that BOC shall be entitled to receive any portion of the award made specifically for
damages sustained to BOC’s equipment, trade fixtures, moving expenses, the unamortized cost of its
leasehold improvements, or loss of any portion of its business.

     If neither BOC nor Coffeyville Resources exercises any right of election provided in this
subsection (a), this Agreement shall continue in full force and effect and BOC shall proceed to
diligently and expeditiously repair or rebuild the Facilities to as nearly as possible the same
condition as prior to the taking; provided, however, that the Minimum Product Charge (together with
any then applicable price adjustment) which Coffeyville Resources would otherwise have been
obligated to pay to BOC pursuant to this Agreement shall be abated from the date of the taking
until such time as the Facilities are so repaired or rebuilt. To the extent that the awards or
payments are insufficient to repair or rebuild the Facilities, BOC shall bear all excess costs of
repairing and rebuilding the Facilities.

     (b) In the event that the Facilities, or any material part thereof, shall be destroyed or
damaged by fire or casualty, and such destruction or damage is so severe that, based on any
reasonable estimates (which BOC shall deliver to Coffeyville Resources within thirty (30) days of
such destruction or damage), the Facilities cannot be placed in proper condition for use within
sixteen (16) months of the date of the fire or casualty, then this Agreement may be terminated at
the election of BOC or Coffeyville Resources. Such election shall be made by the giving of notice
by one party to the other within sixty (60) days after the right of election accrues. For purposes
of this subsection (b), what constitutes a “material part” of the Facilities shall be reasonably
determined by BOC.

     In the event of termination pursuant to this subsection (b), BOC shall be entitled to the
entire sum of insurance proceeds attributable to the buildings, fixtures and other property which
is not owned by Coffeyville Resources, which proceeds are received by either BOC or Coffeyville
Resources in connection with the fire or other casualty. BOC shall be entitled to receive the
proceeds of any insurance purchased by BOC to cover its personal property, equipment and business
operations.

     If neither BOC nor Coffeyville Resources exercises any right of election provided in this
subsection (b), this Agreement shall continue in full force and effect and BOC shall proceed to
diligently and expeditiously repair or rebuild the Facilities to as nearly as possible the same
condition as prior to the taking, damage or destruction, provided, however, that the Minimum
Product Charge (together with any then applicable price adjustment) which Coffeyville Resources
would otherwise have been obligated to pay to BOC pursuant to this Agreement shall be abated from
the date of the fire or casualty until such time as the Facilities are so repaired or rebuilt. To
the extent that the proceeds of insurance are insufficient to repair or rebuild the Facilities,
BOC shall bear all excess costs of repairing and rebuilding the Facilities.

26

 

SECTION 22 LIAISONS

     BOC and Coffeyville Resources shall each appoint and notify the other of a representative who
shall be responsible for coordination and liaison between the parties. Either party may change its
representative upon written notice to the other party.

SECTION 23 GENERAL PROVISIONS

     (a) The section headings contained in this Agreement are for reference purposes only and shall
not affect in any way the meaning or interpretation of this Agreement or of any provision hereof.

     (b) All of the Exhibits attached hereto are incorporated herein and made a part of this
Agreement by reference thereto.

     (c) This Agreement, and the Settlement Agreement and Mutual Release which the parties have
entered into contemporaneously herewith, set forth the entire agreement between BOC and Coffeyville
Resources with respect to the production, purchase and sale of Product for use at the Coffeyville
Facilities. This Agreement supersedes and cancels all prior and contemporaneous agreements and
understandings between the parties, whether oral or written, relating to the subject matter hereof,
including, without limitation, (a) that certain letter agreement between BOC and Farmland
Industries, Inc., dated May 14, 1997; (b) the December 3, 1997 On-Site Product Supply Agreement
between The BOC Group, Inc. and Farmland Industries, Inc.; (c) Amendment No. 1 to the On-Site
Product Supply Agreement between The BOC Group, Inc. and Farmland Industries, Inc., dated December
31, 1999 and (d) that certain letter agreement between BOC and Coffeyville Resources dated August
31, 2005.

     (d) No amendment, modification, change, waiver or discharge of, or addition to, any provision
of this Agreement shall be effective unless the same is in writing and is signed or otherwise
assented to in writing by an authorized individual on behalf of each party, and unless such writing
specifically states that the same constitutes such an amendment, modification, change, waiver or
discharge of, or addition to, one or more provisions of this Agreement.

     (e) The parties may, from time to time, use purchase orders, acknowledgments or other
instruments to order, acknowledge or specify delivery times, suspensions, quantities or other
similar specific matters concerning the Product or relating to performance hereunder, but the same
are intended for convenience and record purposes only and any provisions which may be contained
therein are not intended to (nor shall they serve to) add to or otherwise amend or modify any
provision of this Agreement, even if signed or accepted on behalf of either party with or without
qualification.

     (f) If any provision of this Agreement shall be declared void or unenforceable by any judicial
or administrative authority, the validity of any other provision and of the entire Agreement shall
not be affected thereby and it is the intention of the parties that any such provision be reformed
so as to make it enforceable to the maximum extent permissible under applicable law.

27

 

     (g) This Agreement may be executed simultaneously in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same
instrument.

     (h) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF KANSAS WITHOUT REGARD TO THE CONFLICT OF LAWS PRINCIPLES OF SAID STATE. Any legal action or
proceeding with respect to this Agreement or any document related hereto shall be brought
exclusively in the courts of the State of Kansas or of the United States of America for the
District of Kansas, and, by execution and delivery of this Agreement, the parties hereto hereby
accept, generally and unconditionally, the exclusive jurisdiction of the aforesaid courts. The
parties hereto hereby irrevocably waive any objection, including, without limitation, any objection
to the laying of venue or based on the grounds of forum non
conveniens, which any of them may now
or hereafter have to the bringing of any such action or proceeding in such respective
jurisdictions.

     (i) The parties will comply with all applicable law and regulations in the performance of
this Amended and Restated On-Site Product Supply Agreement.

IN WITNESS WHEREOF, THE PARTIES HERETO HAVE EXECUTED THIS AGREEMENT AS OF THE
DAY AND YEAR FIRST ABOVE WRITTEN.

	 	 	 	 	 
	THE BOC GROUP, INC.	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ Trevor Burt
 

Trevor Burt
	 	 
	Title:

	 	PRESIDENT	 	 
	Date:

	 	13 JUNE 06	 	 

	 	 	 	 	 
	COFFEYVILLE RESOURCES NITROGEN FERTILIZERS, LLC
	 
	 	 	 	 
	By:

	 	/s/ Stanley A. Riemann
 

	 	 
	Name:

	 	 	 	 
	Title:

	 	C.O.O.	 	 
	Date:

	 	6/9/06	 	 

28

 

EXHIBIT A

CERTAIN SPECIFICATIONS, CAPABILITIES AND CAPACITIES

The product specifications set forth below specify normal operating specifications and,
accordingly, the parties agree that delivery of Product not meeting the indicated specifications
shall not be deemed a breach by BOC and BOC shall not be required to shut down the BOC Plant unless
Coffeyville Resources expressly instructs BOC to do so in writing.* From time to time Coffeyville
Resources may instruct BOC to decrease the normal operating specifications for Product by written
notice, accepted by BOC.

			
	*except as otherwise set forth below for Nitrogen Product

	I.	 	Product Specifications

	 	A.	 	Purity:
	 
	 	 	 	Oxygen Product: 99.60 mol.% (normal operating)
	 
	 	 	 	Nitrogen Product, with inerts:

99.99 mol.%

not more than 5 ppm of oxygen (normal operating, 10 ppm trip point)

CDA Product: Dew point -40°F (normal operating)

High Pressure Air Product: Dew Point -40°F (normal operating)

	 	B.	 	Pressure at BOC Plant Battery Limits:
	 
	 	 	 	To the Gasification Project:

gaseous Oxygen Product:  850 psig ± 10 psi

gaseous Nitrogen Product: 500 psig ± 10 psi

CDA Product: 135 psig ± 10 psi

High Pressure Air Product: 900 psig ± 10 psi

To the adjacent refinery facility owned by Coffeyville Resources Refining &
Marketing LLC or its successors or assigns (the “Refinery”):

gaseous Nitrogen Product: 200 psig ± 10 psi

gaseous Oxygen Product:   70 psig ± 10 psi

29

 

Notwithstanding that the above referenced Products may ultimately be used by
the Refinery, it is strictly understood that BOC’s delivery hereunder is
fulfilled by delivery to Coffeyville Resources at the point where each of
the Coffeyville Pipelines are connected to the corresponding BOC Pipelines.

II. Production and Delivery Capabilities:

	 	A.	 	High-Pressure (850 +/-10 psig) gaseous Oxygen Product:
	 
	 	 	 	(***) scf per hour (maximum instantaneous flow rate at 14.3 psia and
105°F dry bulb and 78°F wet bulb and cooling water at 85°F).

	 	B.	 	Low Pressure (70 +/- 5 psig) gaseous Oxygen Product to Refinery:
	 
	 	 	 	(***) scf per hour (maximum instantaneous flow rate at 14.3 psia and 105°F dry bulb
and 78°F wet bulb and cooling water at 85°F

	 	C.	 	High-Pressure Air Product (900 +/-10 psig) for use in Urea Process #1
Decomposer Exchanger:
	 
	 	 	 	(***) scf per hour (maximum instantaneous flow rate at 14.3 psia and 105°F dry bulb
and 78°F wet bulb and cooling water at 85°F).
	 
	 	D.	 	gaseous Nitrogen Product (both 500 +/- 10 psig and 200 +/-10 psig, but
excluding 1300 and 120 psig referred to in Section III A immediately below):
	 
	

	 	 	 	1,240,000 total scf per hour (maximum instantaneous flow rate at 14.3 psia and 105°F
dry bulb and 78°F wet bulb and cooling water at 85°F).
	

	 
	 	E.	 	CDA Product:
	 
	

	 	 	 	351,000 scf per hour (maximum instantaneous flow rate at 14.3 psia and 105°F dry
bulb and 78°F wet bulb and cooling water at 85°F)
	

	III.	 	Liquid Product Capacity

	 	A.	 	liquid Nitrogen Product

	 	 	 	 	 
	 

	 	Storage:
	 	11,000 gallons (allocated)
	 
	 	 	 	 
	 

	 	Vaporization:
	 	(***) scf per hour at 120 psig
	 
	 	 	 	 
	 

	 	 	 	(***) scf per hour at 1300 psig
for up to 8 hours of continuous
service

	 	B.	 	liquid Oxygen Product

	 	 	 	 	 
	 

	 	Storage:
	 	11,000 gallons (allocated)

30

 

	 	 	 	 	 
	 

	 	Vaporization:
	 	(***) scf per hour at 850 psig for up to 8 hours of continuous service

31

 

EXHIBIT B

PRICE ADJUSTMENTS

	I.	 	PROCEDURES

	 	A.	 	Price adjustments shall be determined annually by BOC preparing a statement
setting forth the change in the relevant index referred to below which may have
occurred during the preceding calendar year and the price adjustment resulting
therefrom, together with supporting computations prepared in the manner set forth in
Paragraph II of this Exhibit B. Each such price adjustment shall be effective
for the entire calendar year during which such statement is so prepared, upon notice to
Coffeyville Resources by BOC.
	 
	 	B.	 	If the index referred to below is modified in any significant way or is no
longer published, a new, substantially equivalent index shall be selected by mutual
agreement of the parties.

	II.	 	COMPUTATIONS
	 
	 	 	The following computations determine whether the monthly Minimum Product Charge and the
unit prices for gaseous Product sold hereunder shall be increased or decreased:
	 
	 	 	The monthly Minimum Product Charge and the unit prices for gaseous Product will increase or
decrease based upon the change in the annual average hourly earnings for the Series ID -
ceu3232500006 (as reported by the U.S. Department of Labor, Bureau of Labor Statistics and
hereafter referred to as “CAPI”) above a base level, which shall be the 2005 Annual Average
CAPI. The applicable monthly Minimum Product Charge for a given year will be calculated in
accordance with the formula below:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	CMPC
	 	=
	 	BMPC
	 	X
	 	(
	 	 	1	 	 	+
	 	CAPI2
	 	-
	 	CAPI1
	 	 	)	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	CAPI1	 	 	 	 	 	 

     where:

	 	 	 	 	 	 	 
	 

	 	CMPC
	 	=
	 	Current monthly Minimum Product Charge, and each
gaseous Product price, individually
	 
	 

	 	BMPC
	 	=
	 	Base monthly Minimum Product Charge, and each gaseous
Product price, individually, as follows:
	 
	 

	 	 	 	 	 	$313,885 — Base Monthly Minimum Product Charge 
$0.085
— Base Gaseous Oxygen
	 

	 	 	 	 	 	$0.097 — Base Gaseous Nitrogen
	 

	 	 	 	 	 	$0.019 — Base CDA Product

32

 

	 	 	 	 	 	 	 
	 

	 	CAPI1
	 	=
	 	2005 Annual Average CAPI

	 
	 

	 	CAPI2
	 	=
	 	Most recent Annual Average CAPI

33

 

EXHIBIT C

ACCEPTABLE AIR CONTAMINANT LEVELS

	 	 	 	 	 
	 	 	MAXIMUM CONTINUOUS	 
	COMPONENT	 	CONCENTRATION (VPM)	 
	Carbon Dioxide
	 	 	500.00	 
	 
	 	 	 	 
	Methane
	 	 	20.00	 
	 
	 	 	 	 
	Ethane
	 	 	0.20	 
	 
	 	 	 	 
	Acetylene
	 	 	5.00	 
	 
	 	 	 	 
	Ethylene
	 	 	0.10	 
	 
	 	 	 	 
	Propane
	 	 	0.03	 
	 
	 	 	 	 
	Propylene
	 	 	1.00	 
	 
	 	 	 	 
	Butane
	 	 	1.00	 
	 
	 	 	 	 
	>C4 (non-aromatic)
	 	 	1.00	 
	 
	 	 	 	 
	Sulfur Compounds
	 	Nil	 
	 
	 	 	 	 
	Chlorides
	 	Nil	 
	 
	 	 	 	 
	NO and NO2 
	 	 	1.00	 
	 
	 	 	 	 
	N2O
	 	 	0.50	 

34

 

EXHIBIT D

THE COFFEYVILLE PLANT SITE

35

 

	EXHIBIT D
AMENDED AND
RESTATED ON-SITE
PRODUCT SUPPLY
AGREEMENT BETWEEN
THE BOC GROUP. INC.
AND COFFEYVILLE
RESOURCES NITROGEN
FERTILIZERS,
LLC
PARKING
Coffeyvllie Plant Site

 

 

EXHIBIT E

THE BOC PLANT SITE

 

 

 

 

EXHIBIT F

ITEMS
TO BE PROVIDED BY COFFEYVILLE RESOURCES

	Except as otherwise provided in this Agreement, the following items shall be provided by
Coffeyville Resources:

Permanent Utilities

Power,
13.8 kv*

Steam

ASU 5,480 LB/hr average,

15,330 LB/hr peak;

primary 600 psig minimum,

490°F; secondary 550 psig

minimum, 550°F

Reactor 6,200 LB/hr when

Vaporizing

100 psig minimum, 330°F

Hydrogen,
1875 scfh average

(within
specifications

listed on Exhibit F-2)

Telephone Line

Cooling water supply (within specifications listed on Exhibit F-1)

      and return (15,175 gpm)

Steam and condensate drain

Sewer services, oil/water, storm and sanitary

Potable water 

Fire water

Instrument air

All Tie-Ins (including final Pipeline and utility pipeline tie-ins)

Permanent security and site access

 

			
	*	 	While permanent power is intended to be provided at Coffeyville Resources’ cost, the
following shall apply:

BOC and Coffeyville Resources shall split the cost of power above 29.092 MW and below 35.00 MW
(“Excess Power”) on a 50/50 basis. The Excess Power will be calculated on a monthly basis in
accordance with the methodology set forth in Exhibit F-3, using actual demand, coincident peak,
MWH usage, and energy and PCA charges set forth on the invoices issued by the City of
Coffeyville to Coffeyville Resources.

37

 

EXHIBIT F-1

COOLING WATER SPECIFICATIONS

The following are the requirements for the cooling water being provided by Coffeyville Resources:

	 	 	 	 	 	 	 
	 

	 	•
	 	Pressure at battery limits
	 	55 psig
	 
	 	 	 	 	 	 
	 

	 	•
	 	Allowable pressure drop at battery levels
	 	25 psi
	 
	 	 	 	 	 	 
	 

	 	•
	 	Maximum temperature rise at battery levels
	 	20°F
	 
	 	 	 	 	 	 
	 

	 	•
	 	Specifications:	 	 

	 	 	 	 	 
	 	 	Circulating
Water	 
	Total Alkalinity (methyl orange)
	 	250 ppm
	 
	 	 	 	 
	Total Suspended Solids
	 	5 ppm
	 
	 	 	 	 
	Total Dissolved Solids
	 	3500 ppm
	 
	 	 	 	 
	Iron
	 	3 ppm
	 
	 	 	 	 
	Calcium Hardness (as CaCO3)
	 	1000 ppm
	 
	 	 	 	 
	Silica (SiO2)
	 	200 ppm
	 
	 	 	 	 
	Sulfates (SO4)
	 	500 ppm
	 
	 	 	 	 
	Chlorides (CI)
	 	350 ppm
	 
	 	 	 	 
	Chlorine (free)
	 	0.5 ppm
	 
	 	 	 	 
	Total Phosphates (as P)
	 	10 ppm
	 
	 	 	 	 
	pH
	 	 	7.0-8.5	*
	 
	 	 	 	 
	Corrosives (H2S, organic acids, etc.)
	 	Nil
	 
	 	 	 	 
	Organic matter
	 	Nil
	 
	 	 	 	 
	Copper
	 	1 ppm	 
	 
	 	 	 	 
	Zinc
	 	1 ppm	 

 

			
	*	 	Infrequent and short-interval excursions up to 8.9 are possible, and Coffeyville Resources
will alarm at 8.5.

38

 

EXHIBIT F-2

HYDROGEN SPECIFICATIONS

     The hydrogen being provided by Coffeyville Resources shall have a minimum purity of 99.3%
hydrogen and shall conform to the following additional purity requirements:

	 	 	 	 	 
	Component	 	Maximum
Amount	 
	Oxygen
	 	 	0.1%	 
	Nitrogen
	 	 	0.6%	 
	Carbon Monoxide
	 	 	2 ppm
	Carbon Dioxide
	 	 	2 ppm
	Water
	 	 	0.1%	 
	Methane
	 	 	2 ppm
	Total Hydrocarbons
	 	 	2 ppm
	Argon
	 	 	0.2%	 

39

 

EXHIBIT F-3

Excess Power Calculation Methodology, June 2005

	 	 	 
	Demand Allocation

	 	29.092 MW per Contract
	Coincident Demand

	 	34.620 MW City of Coffeyville Invoice
	Excess Demand

	 	5.528 MW
	 
	 	 
	Actual Usage

	 	23.818 MW City of Coffeyville Invoice

Excess Usage

     Actual Usage — (Demand Allocation x Operating Days in Month x 24 Hrs.)

23,818,000 — (29,092 x 30 x 24)

						
	 

	 	23,818,000—20,946,240
	= 	2,871,760 KWH	 

Demand Charge

											
	 	 	Excess Demand	 	x $8670 per MW	 	 
	 

	 	 	 	 	5.528	 	 	x $8670
	=	 $48,425.28
	 	 
	 	 	Schedule 5	 	5.528 x $73.12	=	 $404.21
	 	 	Schedule 6	 	5.528 x $72.80	= 	 $402.44

Usage Charge

							
	 

	Base Energy
	 	2,871,760 x .01870
	= 	$53,701.91	 
	 

	PCA
	 	2,871,760 x .00271
	= 	$7,782.47	 
	 

	Wheeling
	 	2,871,760 x .00200
	= 	$5,743.52	 
	 
	 	 	 	 	 	 
	 

	 	 	TOTAL
	 	$116,459.83	 
	 	 
	 

	 	 	50/50 Split
	 	$58,229.92	 

Excess Power Charge to be reimbursed by BOC to Coffeyville Resources

40

 

EXHIBIT G

PRICING SCHEDULE

	

	I.	 	During the Supply Period, Coffeyville Resources shall pay BOC
$313,855 per month as a
monthly Minimum Product Charge for the commitment of the Facilities and the availability
during each calendar month of high pressure gaseous Oxygen Product from the output of the BOC
Plant at instantaneous flow rates not exceeding
(***) scf per hour, low pressure gaseous
Oxygen Product at instaneous flow rates not exceeding
(***) scf per hour, gaseous Nitrogen
Product (both 500 psi and 200 psi) from the output of the BOC Plant at instantaneous flow
rates not exceeding a total of 1,240,000 scf per hour, and High Pressure Air Product at
instantaneous flow rates not exceeding (***) scf per hour and CDA Product at instantaneous
flow rates not exceeding 351,000 scf per hour.
	

	 
	

	II.	 	During the Supply Period, Coffeyville Resources shall pay BOC
 $.085 per 100 scf for all quantities of gaseous Oxygen Product delivered to
Coffeyville Resources during a calendar month from the output of the
BOC Plant, at total instantaneous flow rates exceeding 1,618,700 scf
per hour.
	

	 
	

	III.	 	During the Supply Period, Coffeyville Resources shall pay BOC
$0.097 per 100 scf for all quantities of gaseous Nitrogen Product delivered
to Coffeyville Resources during a calendar month from the output of
the BOC Plant, at instantaneous flow rates exceeding a total of
 1,240,000 scf per hour.
	

	 
	IV.	 	During the Supply Period, Coffeyville Resources shall pay BOC (***)
per 100 scf for the gaseous equivalent of all liquid Oxygen Product
delivered from the inventory of the Liquid Product Storage Facility.
Supplemental Product delivered to Coffeyville Resources at
Coffeyville Resources’ request in accordance with Paragraph 3b(ii)
shall be billed to Coffeyville Resources FOB point of origin.
	 
	V.	 	During the Supply Period, Coffeyville Resources shall pay BOC (***) per 100 scf for the
gaseous equivalent of all liquid Nitrogen Product delivered from the inventory of the Liquid
Product Storage Facility. Supplemental Product delivered to Coffeyville Resources
at Coffeyville Resources’ request in accordance with Paragraph 3b(ii) shall be billed to
Coffeyville Resources FOB point of origin.
	 
	

	VI.	 	During the Supply Period, Coffeyville Resources shall pay BOC (***) per 100 scf for all
quantities of CDA Product delivered to Coffeyville Resources during a calendar month at
instantaneous flow rates exceeding 351,000 scf per hour.
	

The Minimum Product Charge and the unit prices for gaseous Product set forth above in Paragraphs
I, II, III and VI of this Exhibit G shall be subject to adjustment as more specifically
set forth in Section 12 of the Agreement and on Exhibit B to the Agreement.

41

 

EXHIBIT H

PURCHASE PRICE

Paragraph 13(d)

	 	 	 	 	 
	Year
of Supply Period During Which Purchase Occurs	 	Purchase Price	 
	1. June 1, 2005 - May 31, 2006
	 	 	(***)	 
	2. June 1, 2006-May 31, 2007
	 	 	(***)	 
	3. June 1, 2007-May 31, 2008
	 	 	(***)	 
	4, June 1, 2008-May 31, 2009
	 	 	(***)	 
	5. June l, 2009-May 31, 2010
	 	 	(***)	 
	6. June 1, 2010-May 31, 2011
	 	 	(***)	 
	7. June l, 2011-May 31, 2012
	 	 	(***)	 
	8. June 1, 2012-May 31, 2013
	 	 	(***)	 
	9. June 1, 2013-May 31, 2014
	 	 	(***)	 
	10. June 1, 2014-May 31, 2015
	 	 	(***)	 
	11. June 1, 2015-May 31, 2016
	 	 	(***)	 
	12. June 1, 2016-May 31, 2017
	 	 	(***)	 
	13. June 1, 2017-May 31, 2018
	 	 	(***)	 
	14. June 1, 2018-May 31, 2019
	 	 	(***)	 
	15. June 1, 2019-April 30, 2020
	 	 	(***)	 

BOC retains ownership of the liquid oxygen and liquid nitrogen storage tanks.

42

 

EXHIBIT I

TERMINATION FEE

Paragraph 2(h)

	 	 	 	 	 	 
	Year of Supply Period During Which Termination Occurs	 	 	Termination Fee
	1. June 1, 2005-May 31, 2006

	 	 	 	(***)	 
	2. June 1, 2006-May 31, 2007

	 	 	 	(***)	 
	3. June 1, 2007-May 31, 2008

	 	 	 	(***)	 
	4. June 1, 2008-May 31, 2009

	 	 	 	(***)	 
	5. June 1, 2009-May 31, 2010

	 	 	 	(***)	 
	6. June 1, 2010-May 31, 2011

	 	 	 	(***)	 
	7. June 1, 2011-May 31, 2012

	 	 	 	(***)	 
	8. June l, 2012-May 31, 2013

	 	 	 	(***)	 
	9. June 1, 2013-May 31, 2014

	 	 	 	(***)	 
	10. June 1, 2014-May 31, 2015

	 	 	 	(***)	 
	11. June 1, 2015-May 31, 2016

	 	 	 	(***)	 
	12. June l, 2016-May 31, 2017

	 	 	 	(***)	 
	13. June 1, 2017-May 31, 2018

	 	 	 	(***)	 
	14. June 1, 2018-May 31, 2019

	 	 	 	(***)	 
	15. June 1, 2019-April 30, 2020

	 	 	 	(***)	 

43

 

EXHIBIT J

FARMLAND MEMORANDUM OF LICENSE

44

 

 

MEMORANDUM OF LICENSE

          THIS
MEMORANDUM, made and entered into as of this 23rd day of December,
1997, by and between Farmland Industries, Inc., a Kansas cooperative corporation, hereinafter
called “Farmland,” and The BOC Group, Inc., a Delaware corporation, hereinafter called “BOC”.

          WITNESSETH:

          1. Farmland hereby grants to BOC and its directors, officers, employees, agents,
contractors and subcontractors, (a) a non-exclusive license, in common with Farmland, its
employees, agents, contractors and licensees, for ingress, egress and access, with or without
vehicles, equipment, materials and machinery over and across the lands and property owned by
Farmland in Montgomery County, Kansas, to and from the parcel of land which is more
particularly described on Exhibit A attached hereto and by this reference made a part hereof
(the “BOC Site”), and (b) an exclusive license to occupy, use and construct on the BOC Site
(subject to the reservation by Farmland for itself and its employees, agents, contractors,
tenants and licensees of the right to use the BOC Site for certain designated purposes), and
to install, modify, improve, operate and remove any and all equipment, machinery and other
facilities installed thereon during the term of such license, all of which equipment,
machinery and facilities shall be deemed to be, and shall remain, the personal property of
BOC, all as more fully set forth in and subject to the provisions of that certain On-Site
Product Supply Agreement (the “Agreement”), dated as of December 3, 1997 and effective as of
December 12, 1997, by and between Farmland and BOC. The Agreement is hereby incorporated by
reference and made a part hereof as if fully set forth herein.

          2. The term of the Agreement commences on December 12, 1997, and ends as provided in
Section 13(a) of the Agreement.

          3. In the event of any conflict or inconsistency between the terms of this Memorandum and
the terms of the Agreement, the terms of the Agreement shall control.

          IN
WITNESS WHEREOF, Farmland and BOC have executed this Memorandum as of the
date first above written,

	 	 	 	 	 	 	 	 	 	 	 
	The BOC Group, Inc.

	 	 	Farmland Industries, Inc.

	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Glenn Fischer
 

Glenn Fischer
	 	 
	 	By:

Name:
	 	/s/Allan D. Holiday
 

ALLAN D. HOLIDAY
	 	 
	Title:

	 	Pres. – BOC Gases Americas
	 	 	 	Title:
	 	PROJECT MANAGER	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date: 1/19/98

	 	 	 	Date:
	 	12-23-97	 	 

	 	 	 	 	 
	Harriette Mitchem

The Bcc Group

575 Mountain ave

Murray Hill, NJ 07974-2082

	 	
	 	$12.00 MISCELLANEOUS
DOCUMENT 11 MAR 98 2:08 P.M.
RECEIPT 21 STATE OF KANSAS
MONTGOMERY COUNTY RECORDED BOOK 468 PAGE 93
JEANNE BURTON  — REGISTER OF DEEDS

 

 

	 	 	 	 	 	 	 	 	 
	STATE OF

	 	MISSOURI
	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	)	 	 	SS.
	COUNTY OF

	 	CLAY
	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 

     This
instrument was acknowledged before me this
23rd day
of December, 1997,
by Allan D. Holiday, as Project Manager of Farmland
Industries, Inc., a Kansas corporation.

     IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year
last above written.

	 	 	 	 	 
	

	 	/s/ Mary E. Mockridge
 

Printed Name: Mary E. Mockridge

Notary Public in and for said
County and State
	 	 
	 

	 	 	 	 
	 

	 	 	 	 

	 	 	 
	My Commission Expires:
	 	 
	 
	 	 
	MARY E. MOCKRIDGE
	 	 
	 

	 	 
	Notary Public — State of Missouri
	 	 
	Commissioned In Clay County
	 	 
	My Commission Expires June 2, 2001
	 	 

	 	 	 	 	 	 	 	 	 
	STATE OF

	 	New Jersey
	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	)	 	 	SS.
	COUNTY OF

	 	Union
	 	 	)	 	 	 
	 

	 	 	 	 	 	 	 	 

     This
instrument was acknowledged before me this
19th day
of January,
1998, by Glenn Fischer as Vice President of The BOC Group, Inc., a Delaware corporation.

     IN
WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year
last above written.

	 	 	 
	

	 	/s/ Dolores M. Forziati
 

Printed Name: DOLORES M. FORZIATI

Notary Public in and for said County and State
	 

	 	 
	 

	 	 

	 	 
	My Commission Expires:
	 
	DOLORES M. FORZIATI
	 
	Notary
Public of New Jersey
	 
	My
Commission Expires August 24, 19[ILLEGIBLE]
	 

-2-

 

Exhibit A

A PART OF BLOCK 9 OF MONTGOMERY’S ADDITION TO THE CITY OF COFFEYVILLE, MONTGOMERY COUNTY, KANSAS,
DESCRIBED AS FOLLOWS: COMMENCING AT THE SE CORNER OF SAID BLOCK 9; THENCE ON AN ASSUMED BEARING OF
N89°18’05”W ALONG THE SOUTH LINE OF SAID BLOCK 9 A DISTANCE OF 63.00 FEET TO THE TRUE POINT OF
BEGINNING; THENCE CONTINUING N89°18’05”W ALONG SAID SOUTH LINE A DISTANCE OF 300.03 FEET; THENCE
N°00’00”E A DISTANCE OF 290.64 FEET; THENCE
N90°00’00”E A DISTANCE OF 300.00 FEET; THENCE
S00°00’00”E A DISTANCE OF 294.30 FEET TO THE POINT OF BEGINNING.

 

Record and return to:

Harriette Mitchem

The Boc Group

575 Mountain Avenue

Murray Hill, NJ 07974-2082

 

EXHIBIT K

Calculation of Lost Liquid Adjustment Factor, July 2005

	 	 	 
	June 2005 Total Power Bill

	 	                    $1,675,534.28
	June 2005 Total Usage (KWH)

	 	                    42,263,000.00
	 
	 	 
	June 2005 Total Power Cost ($/KWH)

	 	                    $1,675,534.28 /42,263,000 =$.03965/KWH
	 
	 	 
	July 2005 Total Power Bill

	 	                    $1,674,041.22
	July 2005 Total Usage (KWH)

	 	                    44,069,000.00
	 
	 	 
	July 2005 Total Power Cost ($/KWH)

	 	                    $1,674,041.22 /44,069,000 = $.03799/KWH
	 
	 	 
	July 2005 Adjustment Factor

	 	July Total Cost / June Total Cost =
$.03799 / $.03965 = .9581
	 
	 	 
	July 2005 Liquid Margin/Ton

	 	$46 × .9581 = $44.07
	July Cap

	 	$70,000 × .9581 = $67,067

45exv10w15

Exhibit 10.15

THIRD AMENDED AND RESTATED 

EMPLOYMENT AGREEMENT

     THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT, dated as of January 1, 2011 (the
“Employment Agreement”), by and between CVR ENERGY, INC., a Delaware corporation (the
“Company”), and EDMUND S. GROSS (the “Executive”).

     WHEREAS, the Company and the Executive entered into an amended and restated employment
agreement dated December 29, 2007 (the “First Amended and Restated Agreement”) and an
amended and restated employment agreement dated January 1, 2010 (the “Second Amended and Restated
Agreement”);

     WHEREAS, the Company and the Executive desire to further amend and restate the First Amended
and Restated Agreement in its entirety as provided for herein;

     NOW, THEREFORE, in consideration of the mutual covenants contained herein and other valid
consideration the sufficiency of which is acknowledged, the parties hereto agree as follows:

     Section 1. Employment.

               1.1. Term. The Company agrees to employ the Executive, and the Executive agrees to be
employed by the Company, in each case pursuant to this Employment Agreement, for a period
commencing on January 1, 2011 (the “Commencement Date”) and ending on the earlier of (i)
the third (3rd) anniversary of the Commencement Date and (ii) the termination or resignation of the
Executive’s employment in accordance with Section 3 hereof (the “Term”).

               1.2. Duties. During the Term, the Executive shall serve as Senior Vice President,
General Counsel and Secretary of the Company and such other or additional positions as an officer
or director of the Company, and of such direct or indirect affiliates of the Company
(“Affiliates”), as the Executive and the board of directors of the Company (the
“Board”) or its designee shall mutually agree from time to time. In such positions, the
Executive shall perform such duties, functions and responsibilities during the Term commensurate
with the Executive’s positions as reasonably directed by the Board.

               1.3. Exclusivity. During the Term, the Executive shall devote substantially all of
Executive’s working time and attention to the business and affairs of the Company and its
Affiliates, shall faithfully serve the Company and its Affiliates, and shall in all material
respects conform to and comply with the lawful and reasonable directions and instructions given to
Executive by the Board, or its designee, consistent with Section 1.2 hereof. During the Term, the
Executive shall use Executive’s best efforts during Executive’s working time to promote and serve
the interests of the Company and its Affiliates and shall not engage in any other business
activity, whether or not such activity shall be engaged in for pecuniary profit. The provisions of
this Section 1.3 shall not be construed to prevent the Executive from investing Executive’s
personal, private assets as a passive investor in such form or manner as will not require any
active services on the part of the Executive in the management or operation of the

 

 

affairs of the companies, partnerships, or other business entities in which any such passive
investments are made.

     Section 2. Compensation.

               2.1. Salary. As compensation for the performance of the Executive’s services
hereunder, during the Term, the Company shall pay to the Executive a salary at an annual rate of
$362,000 which annual salary shall be prorated for any partial year at the beginning or end of the
Term and shall accrue and be payable in accordance with the Company’s standard payroll policies, as
such salary may be adjusted upward by the Compensation Committee of the Board in its discretion (as
adjusted, the “Base Salary”).

               2.2. Annual Bonus. For each completed fiscal year occurring during the Term, the
Executive shall be eligible to receive an annual cash bonus (the “Annual Bonus”).
Commencing with fiscal year 2011, the target Annual Bonus shall be 100% of the Executive’s Base
Salary as in effect at the beginning of the Term in fiscal year 2011 and at the beginning of each
such fiscal year thereafter during the Term, the actual Annual Bonus to be based upon such
individual and/or Company performance criteria established for each such fiscal year by the
Compensation Committee of the Board. The Annual Bonus, if any, payable to Executive for a fiscal
year will be paid by the Company to the Executive on the last scheduled payroll payment date during
such fiscal year; provided, however, that if the Annual Bonus is payable pursuant to a plan that is
intended to provide for the payment of bonuses that constitute “performance-based compensation”
within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”),
the Annual Bonus shall be paid at such time as is provided in the applicable plan.

               2.3. Employee Benefits. During the Term, the Executive shall be eligible to
participate in such health, insurance, retirement, and other employee benefit plans and programs of
the Company as in effect from time to time on the same basis as other senior executives of the
Company.

               2.4. Paid Time Off. During the Term, the Executive shall be entitled to twenty-five
(25) days of paid time off (“PTO”) each year.

               2.5. Business Expenses. The Company shall pay or reimburse the Executive for all
commercially reasonable business out-of-pocket expenses that the Executive incurs during the Term
in performing Executive’s duties under this Employment Agreement upon presentation of documentation
and in accordance with the expense reimbursement policy of the Company as approved by the Board and
in effect from time to time. Notwithstanding anything herein to the contrary or otherwise, except
to the extent any expense or reimbursement described in this Employment Agreement does not
constitute a “deferral of compensation” within the meaning of Section 409A of the Code and the
Treasury regulations and other guidance issued thereunder, any expense or reimbursement described
in this Employment Agreement shall meet the following requirements: (i) the amount of expenses
eligible for reimbursement provided to the Executive during any calendar year will not affect the
amount of expenses eligible for reimbursement to the Executive in any other calendar year; (ii) the
reimbursements for expenses for which the Executive is entitled to be reimbursed shall be made on
or before the last day of the

2

 

calendar year following the calendar year in which the applicable expense is incurred; (iii)
the right to payment or reimbursement or in-kind benefits hereunder may not be liquidated or
exchanged for any other benefit; and (iv) the reimbursements shall be made pursuant to objectively
determinable and nondiscretionary Company policies and procedures regarding such reimbursement of
expenses.

     Section 3. Employment Termination.

               3.1. Termination of Employment. The Company may terminate the Executive’s employment
for any reason during the Term, and the Executive may voluntarily resign Executive’s employment for
any reason during the Term, in each case (other than a termination by the Company for Cause) at any
time upon not less than thirty (30) days’ notice to the other party. Upon the termination or
resignation of the Executive’s employment with the Company for any reason (whether during the Term
or thereafter), the Executive shall be entitled to any Base Salary earned but unpaid through the
date of termination or resignation, any earned but unpaid Annual Bonus for completed fiscal years,
any unused accrued PTO and any unreimbursed expenses in accordance with Section 2.5 hereof
(collectively, the “Accrued Amounts”).

               3.2. Certain Terminations.

          
          
(a) Termination by the Company Other Than For Cause or Disability; Resignation by the
Executive for Good Reason. If during the Term (i) the Executive’s employment is terminated by
the Company other than for Cause or Disability or (ii) the Executive resigns for Good Reason, then
in addition to the Accrued Amounts the Executive shall be entitled to the following payments and
benefits: (x) the continuation of Executive’s Base Salary at the rate in effect immediately prior
to the date of termination or resignation (or, in the case of a resignation for Good Reason, at the
rate in effect immediately prior to the occurrence of the event constituting Good Reason, if
greater) for a period of twelve (12) months (or, if earlier, until and including the month in which
the Executive attains age 70) (the “Severance Period”) and (y) a Pro-Rata Bonus and (z) to
the extent permitted pursuant to the applicable plans, the continuation on the same terms as an
active employee (including, where applicable, coverage for the Executive and the Executive’s
dependents) of medical, dental, vision and life insurance benefits (“Welfare Benefits”) the
Executive would otherwise be eligible to receive as an active employee of the Company for twelve
(12) months or, if earlier, until such time as the Executive becomes eligible for Welfare Benefits
from a subsequent employer (the “Welfare Benefit Continuation Period”) (collectively, the
“Severance Payments”). If the Executive is not permitted to continue participation in the
Company’s Welfare Benefit plans pursuant to the terms of such plans or pursuant to a determination
by the Company’s insurance providers or such continued participation in any plan would result in
the imposition of an excise tax to the Company pursuant to Section 4980D of the Code, the Company
shall use reasonable efforts to obtain individual insurance policies providing the Welfare Benefits
to the Executive during the Welfare Benefit Continuation Period and, if applicable, the Additional
Welfare Benefit Continuation Period (as defined below), but shall only be required to pay for such
policies an amount equal to the amount the Company would have paid had the Executive continued
participation in the Company’s Welfare Benefits plans; provided, that, if such
coverage cannot be obtained, the Company shall pay to the Executive monthly during the Welfare
Benefit

3

 

Continuation Period and, if applicable, the Additional Welfare Benefit Continuation Period, an
amount equal to the amount the Company would have paid had the Executive continued participation in
the Company’s Welfare Benefits plans. The Company’s obligations to make the Severance Payments
shall be conditioned upon: (i) the Executive’s continued compliance with Executive’s obligations
under Section 4 of this Employment Agreement and (ii) the Executive’s execution, delivery and
non-revocation of a valid and enforceable release of claims arising in connection with the
Executive’s employment and termination or resignation of employment with the Company (the
“Release”) in a form reasonably acceptable to the Company and the Executive that becomes
effective not later than forty-five (45) days after the date of such termination or resignation of
employment. In the event that the Executive breaches any of the covenants set forth in Section 4
of this Employment Agreement, the Executive will immediately return to the Company any portion of
the Severance Payments that have been paid to the Executive pursuant to this Section 3.2(a).
Subject to the foregoing and Section 3.2(e), the Severance Payments will commence to be paid to the
Executive on the forty-fifth (45th) day following the Executive’s termination of employment, except
that the Pro-Rata Bonus shall be paid at the time when annual bonuses are paid generally to the
Company’s senior executives for the year in which the Executive’s termination of employment occurs.

              
      (b) Change in Control Termination. If (A) (i) the Executive’s employment is
terminated by the Company other than for Cause or Disability, or (ii) the Executive resigns for
Good Reason, and such termination or resignation described in (i) or (ii) of this Clause (A) occurs
within the one (1) year period following a Change in Control, or (B) the Executive’s termination or
resignation is a Change in Control Related Termination, then, in addition to the Severance Payments
described in Section 3.2(a), the Executive shall also be entitled to (I) the continuation of
Executive’s Base Salary at the rate in effect immediately prior to the date of termination or
resignation (determined without regard to any reduction in Base Salary subsequent to the Change in
Control or in connection with the Change in Control Related Termination) for a period of twelve
(12) months (or, if earlier, until and including the month in which the Executive attains age 70)
commencing on the one (1) year anniversary of the date of termination or resignation (the
“Additional Severance Period”), (II) a payment each month during the Severance Period and
the Additional Severance Period equal to one-twelfth (1/12th) of the target Annual Bonus
for the year in which the Executive’s termination or resignation occurs (determined without regard
to any reduction in Base Salary or target Annual Bonus percentage subsequent to the Change in
Control or in connection with the Change in Control Related Termination) and (III) the continuation
of the Welfare Benefits for the twelve (12) month period commencing on the one (1) year anniversary
of the date of termination or resignation or, if earlier, until such time as the Executive becomes
eligible for Welfare Benefits from a subsequent employer (the “Additional Welfare Benefit
Continuation Period”). Amounts received pursuant to this Section 3.2(b) shall be deemed to be
included in the term Severance Payments for purposes of this Employment Agreement.

              
      (c) Retirement. Upon Retirement, the Executive, whether or not Section 3.2(a) also
applies but without duplication of benefits, shall be entitled to (i) a Pro-Rata Bonus, (ii) to the
extent permitted pursuant to the applicable plans, the continuation on the same terms as an active
employee of Welfare Benefits the Executive would otherwise be eligible to receive as an active
employee of the Company for twenty-four (24) months following the date of the Executive’s
Retirement or, if earlier, until such time as the Executive becomes eligible for

4

 

Welfare Benefits from a subsequent employer and, thereafter, shall be eligible to continue
participation in the Company’s Welfare Benefits plans, provided that such continued participation
shall be entirely at the Executive’s expense and shall cease when the Executive becomes eligible
for Welfare Benefits from a subsequent employer. Notwithstanding the foregoing, (x) if the
Executive is not permitted to continue participation in the Company’s Welfare Benefit plans
pursuant to the terms of such plans or pursuant to a determination by the Company’s insurance
providers or such continued participation in any plan would result in the plan being discriminatory
within the meaning of Section 4980D of the Code, the Company shall use reasonable efforts to obtain
individual insurance policies providing the Welfare Benefits to the Executive for such twenty-four
(24) months, but shall only be required to pay for such policies an amount equal to the amount the
Company would have paid had the Executive continued participation in the Company’s Welfare Benefit
plans; provided, that, if such coverage cannot be obtained, the Company shall pay
to the Executive monthly for such twenty-four (24) months an amount equal to the amount the Company
would have paid had the Executive continued participation in the Company’s Welfare Benefits plans
and (y) any Welfare Benefits coverage provided pursuant to this Section 3.2(b), whether through the
Company’s Welfare Benefit plans or through individual insurance policies, shall be supplemental to
any benefits for which the Executive becomes eligible under Medicare, whether or not the Executive
actually obtains such Medicare coverage. The Pro-Rata Bonus shall be paid at the time when annual
bonuses are paid generally to the Company’s senior executives for the year in which the Executive’s
Retirement occurs.

                    (d) Definitions. For purposes of this Section 3.2, the following terms shall have the
following meanings:

                         (1) A resignation for “Good Reason” shall mean a resignation by the Executive within
thirty (30) days following the date on which the Company has engaged in any of the following: (i)
the assignment of duties or responsibilities to the Executive that reflect a material diminution of
the Executive’s position with the Company; (ii) a relocation of the Executive’s principal place of
employment that increases the Executive’s commute by more than fifty (50) miles; or (iii) a
reduction in the Executive’s Base Salary, other than across-the-board reductions applicable to
similarly situated employees of the Company; provided, however, that the Executive
must provide the Company with notice promptly following the occurrence of any of the foregoing and
at least thirty (30) days to cure.

                         (2) “Cause” shall mean that the Executive has engaged in any of the following: (i)
willful misconduct or breach of fiduciary duty; (ii) intentional failure or refusal to perform
reasonably assigned duties after written notice of such willful failure or refusal and the failure
or refusal is not corrected within ten (10) business days; (iii) the indictment for, conviction of
or entering a plea of guilty or nolo contendere to a crime constituting a felony (other than a
traffic violation or other offense or violation outside of the course of employment which does not
adversely affect the Company and its Affiliates or their reputation or the ability of the Executive
to perform Executive’s employment-related duties or to represent the Company and its Affiliates);
provided, however, that (A) if the Executive is terminated for Cause by reason of
Executive’s indictment pursuant to this clause (iii) and the indictment is subsequently dismissed
or withdrawn or the Executive is found to be not guilty in a court of law in connection with such
indictment, then the Executive’s termination shall be treated

5

 

for purposes of this Employment Agreement as a termination by the Company other than for
Cause, and the Executive will be entitled to receive (without duplication of benefits and to the
extent permitted by law and the terms of the then-applicable Welfare Benefits plans) the payments
and benefits set forth in Section 3.2(a) and, to the extent either or both are applicable, Section
3.2(b) and Section 3.2(c), following such dismissal, withdrawal or finding, payable in the manner
and subject to the conditions set forth in such Sections and (B) if such indictment relates to
environmental matters and does not allege that the Executive was directly involved in or directly
supervised the action(s) forming the basis of the indictment, Cause shall not be deemed to exist
under this Employment Agreement by reason of such indictment until the Executive is convicted or
enters a plea of guilty or nolo contendere in connection with such indictment; or (iv) material
breach of the Executive’s covenants in Section 4 of this Employment Agreement or any material
written policy of the Company or any Affiliate after written notice of such breach and failure by
the Executive to correct such breach within ten (10) business days, provided that no notice of, nor
opportunity to correct, such breach shall be required hereunder if such breach cannot be cured by
the Executive.

                         (3) “Change in Control” shall have the meaning set forth on Appendix A.

                         (4) “Change in Control Related Termination” shall mean a termination of the
Executive’s employment by the Company other than for Cause or Executive’s resignation for Good
Reason, in each case at any time prior to the date of a Change in Control and (A) the Executive
reasonably demonstrates that such termination or the basis for resignation for Good Reason occurred
in anticipation of a transaction that, if consummated, would constitute a Change in Control, (B)
such termination or the basis for resignation for Good Reason occurred after the
Company entered into a definitive agreement, the consummation of which would constitute a Change in
Control or (C) the Executive reasonably demonstrates that such termination or the basis for
resignation for Good Reason was implemented at the request of a third party who has indicated an
intention or has taken steps reasonably calculated to effect a Change in Control.

                         (5) “Disability” shall mean the Executive’s inability, due to physical or mental ill
health, to perform the essential functions of the Executive’s job, with or without a reasonable
accommodation, for 180 days during any 365 day period irrespective of whether such days are
consecutive.

                         (6) “Pro-Rata Bonus” shall mean, the product of (A) a fraction, the numerator of which
is the number of days the Executive is employed by the Company during the year in which the
Executive’s employment terminates pursuant to Section 3.2(a) or (c) prior to and including the date
of the Executive’s termination and the denominator of which is 365 and (B)(i) if the Annual Bonus
is payable pursuant to a plan that is intended to provide for the payment of bonuses that
constitute “performance-based compensation” within the meaning of Section 162(m) of the Code, an
amount for that year equal to the Annual Bonus the Executive would have been entitled to receive
had his employment not terminated, based on the actual performance of the Company or the Executive,
as applicable, for the full year, or (ii) if the Annual Bonus is not payable pursuant to a plan
that is intended to provide for the payment of

6

 

bonuses that constitute “performance-based compensation”, the target Annual Bonus for that
year.

                         (7) “Retirement” shall mean the Executive’s termination or resignation of employment
for any reason (other than by the Company for Cause or by reason of the Executive’s death)
following the date the Executive attains age 62.

                    (e) Section 409A. To the extent applicable, this Employment Agreement shall be
interpreted, construed and operated in accordance with Section 409A of the Code and the Treasury
regulations and other guidance issued thereunder. If on the date of the Executive’s separation from
service (as defined in Treasury Regulation §1.409A-1(h)) with the Company the Executive is a
specified employee (as defined in Code Section 409A and Treasury Regulation §1.409A-1(i)), no
payment constituting the “deferral of compensation” within the meaning of Treasury Regulation
§1.409A-1(b) and after application of the exemptions provided in Treasury Regulation
§§1.409A-1(b)(4) and 1.409A-1(b)(9)(iii) shall be made to Executive at any time during the six (6)
month period following the Executive’s separation from service, and any such amounts deferred such
six (6) months shall instead be paid in a lump sum on the first payroll payment date following
expiration of such six (6) month period. For purposes of conforming this Employment Agreement to
Section 409A of the Code, the parties agree that any reference to termination of employment,
severance from employment, resignation from employment or similar terms shall mean and be
interpreted as a “separation from service” as defined in Treasury Regulation §1.409A-1(h).

               3.3. Exclusive Remedy. The foregoing payments upon termination or resignation of the
Executive’s employment shall constitute the exclusive severance payments due the Executive upon a
termination or resignation of Executive’s employment under this Employment Agreement.

               3.4. Resignation from All Positions. Upon the termination or resignation of the
Executive’s employment with the Company for any reason, the Executive shall be deemed to have
resigned, as of the date of such termination or resignation, from and with respect to all positions
the Executive then holds as an officer, director, employee and member of the Board of Directors
(and any committee thereof) of the Company and any of its Affiliates.

               3.5. Cooperation. For one (1) year following the termination or resignation of the
Executive’s employment with the Company for any reason, the Executive agrees to reasonably
cooperate with the Company upon reasonable request of the Board and to be reasonably available to
the Company with respect to matters arising out of the Executive’s services to the Company and its
Affiliates, provided, however, such period of cooperation shall be for three (3) years, following
any such termination or resignation of Executive’s employment for any reason, with respect to tax
matters involving the Company or any of its Affiliates. The Company shall reimburse the Executive
for expenses reasonably incurred in connection with such matters as agreed by the Executive and the
Board and the Company shall compensate the Executive for such cooperation at an hourly rate based
on the Executive’s most recent base salary rate assuming two thousand (2,000) working hours per
year; provided, that if the Executive is required to spend more than forty (40) hours in
any month on Company matters pursuant to this

7

 

Section 3.5, the Executive and the Board shall mutually agree to an appropriate rate of
compensation for the Executive’s time over such forty (40) hour threshold.

     Section 4. Unauthorized Disclosure; Non-Solicitation; Proprietary Rights.

               4.1. Unauthorized Disclosure. The Executive agrees and understands that in the
Executive’s position with the Company and any Affiliates, the Executive has been and will be
exposed to and has and will receive information relating to the confidential affairs of the Company
and its Affiliates, including, without limitation, technical information, intellectual property,
business and marketing plans, strategies, customer information, software, other information
concerning the products, promotions, development, financing, expansion plans, business policies and
practices of the Company and its Affiliates and other forms of information considered by the
Company and its Affiliates to be confidential and in the nature of trade secrets (including,
without limitation, ideas, research and development, know-how, formulas, technical data, designs,
drawings, specifications, customer and supplier lists, pricing and cost information and business
and marketing plans and proposals) (collectively, the “Confidential Information”);
provided, however, that Confidential Information shall not include information which (i) is
or becomes generally available to the public not in violation of this Employment Agreement or any
written policy of the Company; or (ii) was in the Executive’s possession or knowledge on a
non-confidential basis prior to such disclosure. The Executive agrees that at all times during the
Executive’s employment with the Company and thereafter, the Executive shall not disclose such
Confidential Information, either directly or indirectly, to any individual, corporation,
partnership, limited liability company, association, trust or other entity or organization,
including a government or political subdivision or an agency or instrumentality thereof (each, for
purposes of this Section 4, a “Person”) without the prior written consent of the Company
and shall not use or attempt to use any such information in any manner other than in connection
with Executive’s employment with the Company, unless required by law to disclose such information,
in which case the Executive shall provide the Company with written notice of such requirement as
far in advance of such anticipated disclosure as possible. Executive’s confidentiality covenant
has no temporal, geographical or territorial restriction. Upon termination or resignation of the
Executive’s employment with the Company, the Executive shall promptly supply to the Company all
property, keys, notes, memoranda, writings, lists, files, reports, customer lists, correspondence,
tapes, disks, cards, surveys, maps, logs, machines, technical data and any other tangible product
or document which has been produced by, received by or otherwise submitted to the Executive during
or prior to the Executive’s employment with the Company, and any copies thereof in Executive’s (or
capable of being reduced to Executive’s) possession.

               4.2. Non-Solicitation of Employees. During the Term and for a period of twelve (12)
months thereafter (the “Restriction Period”), the Executive shall not directly or
indirectly contact, induce or solicit (or assist any Person to contact, induce or solicit) for
employment any person who is, or within twelve (12) months prior to the date of such solicitation
was, an employee of the Company or any of its Affiliates.

               4.3. Non-Solicitation of Customers/Suppliers. During the Restriction Period, the
Executive shall not (i) contact, induce or solicit (or assist any Person to contact, induce or
solicit) any Person which has a business relationship with the Company or of any of its Affiliates
in order to terminate, curtail or otherwise interfere with such business relationship or

8

 

(ii) solicit, other than on behalf of the Company and its Affiliates, any Person that the
Executive knows or should have known (x) is a current customer of the Company or any of its
Affiliates in any geographic area in which the Company or any of its Affiliates operates or markets
or (y) is a Person in any geographic area in which the Company or any of its Affiliates operates or
markets with respect to which the Company or any of its Affiliates has, within the twelve (12)
months prior to the date of such solicitation, devoted more than de minimis resources in an effort
to cause such Person to become a customer of the Company or any of its Affiliates in that
geographic area. For the avoidance of doubt, the foregoing does not preclude the Executive from
soliciting, outside of the geographic areas in which the Company or any of its Affiliates operates
or markets, any Person that is a customer or potential customer of the Company or any of its
Affiliates in the geographic areas in which it operates or markets.

               4.4. Extension of Restriction Period. The Restriction Period shall be extended for a
period of time equal to any period during which the Executive is in breach of any of Sections 4.2or
4.3 hereof.

               4.5. Proprietary Rights. The Executive shall disclose promptly to the Company any and
all inventions, discoveries, and improvements (whether or not patentable or registrable under
copyright or similar statutes), and all patentable or copyrightable works, initiated, conceived,
discovered, reduced to practice, or made by Executive, either alone or in conjunction with others,
during the Executive’s employment with the Company and related to the business or activities of the
Company and its Affiliates (the “Developments”). Except to the extent any rights in any
Developments constitute a work made for hire under the U.S. Copyright Act, 17 U.S.C. § 101 et seq.
that are owned ab initio by the Company and/or its applicable Affiliates, the Executive assigns all
of Executive’s right, title and interest in all Developments (including all intellectual property
rights therein) to the Company or its nominee without further compensation, including all rights or
benefits therefor, including without limitation the right to sue and recover for past and future
infringement. The Executive acknowledges that any rights in any developments constituting a work
made for hire under the U.S. Copyright Act, 17 U.S.C § 101 et seq. are owned upon creation by the
Company and/or its applicable Affiliates as the Executive’s employer. Whenever requested to do so
by the Company, the Executive shall execute any and all applications, assignments or other
instruments which the Company shall deem necessary to apply for and obtain trademarks, patents or
copyrights of the United States or any foreign country or otherwise protect the interests of the
Company and its Affiliates therein. These obligations shall continue beyond the end of the
Executive’s employment with the Company with respect to inventions, discoveries, improvements or
copyrightable works initiated, conceived or made by the Executive while employed by the Company,
and shall be binding upon the Executive’s employers, assigns, executors, administrators and other
legal representatives. In connection with Executive’s execution of this Employment Agreement, the
Executive has informed the Company in writing of any interest in any inventions or intellectual
property rights that Executive holds as of the date hereof. If the Company is unable for any
reason, after reasonable effort, to obtain the Executive’s signature on any document needed in
connection with the actions described in this Section 4.5, the Executive hereby irrevocably
designates and appoints the Company, its Affiliates, and their duly authorized officers and agents
as the Executive’s agent and attorney in fact to act for and in the Executive’s behalf to execute,
verify and file any such documents and to do all other lawfully permitted acts to further the
purposes of this Section with the same legal force and effect as if executed by the Executive.

9

 

               4.6. Confidentiality of Agreement. Other than with respect to information required to
be disclosed by applicable law, the parties hereto agree not to disclose the terms of this
Employment Agreement to any Person; provided the Executive may disclose this Employment Agreement
and/or any of its terms to the Executive’s immediate family, financial advisors and attorneys.
Notwithstanding anything in this Section 4.6 to the contrary, the parties hereto (and each of their
respective employees, representatives, or other agents) may disclose to any and all Persons,
without limitation of any kind, the tax treatment and tax structure of the transactions
contemplated by this Employment Agreement, and all materials of any kind (including opinions or
other tax analyses) related to such tax treatment and tax structure; provided that this sentence
shall not permit any Person to disclose the name of, or other information that would identify, any
party to such transactions or to disclose confidential commercial information regarding such
transactions.

               4.7. Remedies. The Executive agrees that any breach of the terms of this Section 4
would result in irreparable injury and damage to the Company and its Affiliates for which the
Company and its Affiliates would have no adequate remedy at law; the Executive therefore also
agrees that in the event of said breach or any threat of breach, the Company and its Affiliates
shall be entitled to an immediate injunction and restraining order to prevent such breach and/or
threatened breach and/or continued breach by the Executive and/or any and all Persons acting for
and/or with the Executive, without having to prove damages, in addition to any other remedies to
which the Company and its Affiliates may be entitled at law or in equity, including, without
limitation, the obligation of the Executive to return any Severance Payments made by the Company to
the Company. The terms of this paragraph shall not prevent the Company or its Affiliates from
pursuing any other available remedies for any breach or threatened breach hereof, including,
without limitation, the recovery of damages from the Executive. The Executive and the Company
further agree that the provisions of the covenants contained in this Section 4 are reasonable and
necessary to protect the businesses of the Company and its Affiliates because of the Executive’s
access to Confidential Information and Executive’s material participation in the operation of such
businesses.

     Section 5. Representation.

     The Executive represents and warrants that (i) Executive is not subject to any contract,
arrangement, policy or understanding, or to any statute, governmental rule or regulation, that in
any way limits Executive’s ability to enter into and fully perform Executive’s obligations under
this Employment Agreement and (ii) Executive is not otherwise unable to enter into and fully
perform Executive’s obligations under this Employment Agreement.

     Section 6. Withholding.

     All amounts paid to the Executive under this Employment Agreement during or following the Term
shall be subject to withholding and other employment taxes imposed by applicable law.

10

 

     Section 7. Effect of Section 280G of the Code.

               7.1. Payment Reduction. Notwithstanding anything contained in this Employment
Agreement to the contrary, (i) to the extent that any payment or distribution of any type to or for
the Executive by the Company, any affiliate of the Company, any Person who acquires ownership or
effective control of the Company or ownership of a substantial portion of the Company’s assets
(within the meaning of Section 280G of the Code and the regulations thereunder), or any affiliate
of such Person, whether paid or payable or distributed or distributable pursuant to the terms of
this Employment Agreement or otherwise (the “Payments”) constitute “parachute payments”
(within the meaning of Section 280G of the Code), and if (ii) such aggregate would, if reduced by
all federal, state and local taxes applicable thereto, including the excise tax imposed under
Section 4999 of the Code (the “Excise Tax”), be less than the amount the Executive would
receive, after all taxes, if the Executive received aggregate Payments equal (as valued under
Section 280G of the Code) to only three times the Executive’s “base amount” (within the meaning of
Section 280G of the Code), less $1.00, then (iii) such Payments shall be reduced (but not below
zero) if and to the extent necessary so that no Payments to be made or benefit to be provided to
the Executive shall be subject to the Excise Tax; provided, however, that the
Company shall use its reasonable best efforts to obtain shareholder approval of the Payments
provided for in this Employment Agreement in a manner intended to satisfy requirements of the
“shareholder approval” exception to Section 280G of the Code and the regulations promulgated
thereunder, such that payment may be made to the Executive of such Payments without the application
of an Excise Tax. If the Payments are so reduced, the Company shall reduce or eliminate the
Payments (x) by first reducing or eliminating the portion of the Payments which are not payable in
cash (other than that portion of the Payments subject to clause (z) hereof), (y) then by reducing
or eliminating cash payments (other than that portion of the Payments subject to clause (z) hereof)
and (z) then by reducing or eliminating the portion of the Payments (whether payable in cash or not
payable in cash) to which Treasury Regulation § 1.280G-1 Q/A 24(c) (or successor thereto) applies,
in each case in reverse order beginning with payments or benefits which are to be paid the farthest
in time.

               7.2. Determination of Amount of Reduction (if any). The determination of whether the
Payments shall be reduced as provided in Section 7.1 and the amount of such reduction shall be made
at the Company’s expense by an accounting firm selected by the Company from among the four (4)
largest accounting firms in the United States (the “Accounting Firm”). The Accounting Firm
shall provide its determination (the “Determination”), together with detailed supporting
calculations and documentation, to the Company and the Executive within ten (10) days after the
Executive’s final day of employment. If the Accounting Firm determines that no Excise Tax is
payable by the Executive with respect to the Payments, it shall furnish the Executive with an
opinion reasonably acceptable to the Executive that no Excise Tax will be imposed with respect to
any such payments and, absent manifest error, such Determination shall be binding, final and
conclusive upon the Company and the Executive.

     Section 8. Miscellaneous.

               8.1. Amendments and Waivers. This Employment Agreement and any of the provisions
hereof may be amended, waived (either generally or in a particular instance and

11

 

either retroactively or prospectively), modified or supplemented, in whole or in part, only by
written agreement signed by the parties hereto; provided, that, the observance of any
provision of this Employment Agreement may be waived in writing by the party that will lose the
benefit of such provision as a result of such waiver. The waiver by any party hereto of a breach
of any provision of this Employment Agreement shall not operate or be construed as a further or
continuing waiver of such breach or as a waiver of any other or subsequent breach, except as
otherwise explicitly provided for in such waiver. Except as otherwise expressly provided herein,
no failure on the part of any party to exercise, and no delay in exercising, any right, power or
remedy hereunder, or otherwise available in respect hereof at law or in equity, shall operate as a
waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such
party preclude any other or further exercise thereof or the exercise of any other right, power or
remedy.

               8.2. Fees and Expenses. The Company shall pay all legal fees and related expenses
(including the costs of experts, evidence and counsel) incurred by the Executive as a result of (i)
the termination of the Executive’s employment by the Company or the resignation by the Executive
for Good Reason (including all such fees and expenses, if any, incurred in contesting, defending or
disputing the basis for any such termination or resignation of employment) or (b) the Executive
seeking to obtain or enforce any right or benefit provided by this Employment Agreement;
provided, that, if it is determined that the Executive’s termination of employment
was for Cause, the Executive shall not be entitled to any payment or reimbursement pursuant to this
Section 8.2.

               8.3. Indemnification. To the extent provided in the Company’s Certificate of
Incorporation or Bylaws, as in effect from time to time, and subject to any separate agreement (if
any) between the Company and the Executive regarding indemnification, the Company shall indemnify
the Executive for losses or damages incurred by the Executive as a result of causes of action
arising from the Executive’s performance of duties for the benefit of the Company, whether or not
the claim is asserted during the Term.

               8.4. Assignment. This Employment Agreement, and the Executive’s rights and
obligations hereunder, may not be assigned by the Executive, and any purported assignment by the
Executive in violation hereof shall be null and void.

               8.5. Payments Following Executive’s Death. Any amounts payable to the Executive
pursuant to this Employment Agreement that remain unpaid at the Executive’s death shall be paid to
the Executive’s estate.

               8.6. Notices. Unless otherwise provided herein, all notices, requests, demands,
claims and other communications provided for under the terms of this Employment Agreement shall be
in writing. Any notice, request, demand, claim or other communication hereunder shall be sent by
(i) personal delivery (including receipted courier service) or overnight delivery service, (ii)
facsimile during normal business hours, with confirmation of receipt, to the number indicated,
(iii) reputable commercial overnight delivery service courier or (iv) registered or certified mail,
return receipt requested, postage prepaid and addressed to the intended recipient as set forth
below:

12

 

	 	 	 

	If to the Company:

	 	CVR Energy, Inc.
	 

	 	2277 Plaza Drive, Suite 500
	 

	 	Sugar Land, TX 77479
	 

	 	Attention: Chief Executive Officer
	 

	 	Facsimile: (281) 207-3505
	 
	 	 
	with a copy to:

	 	Fried, Frank, Harris, Shriver & Jacobson LLP
	 

	 	One New York Plaza
	 

	 	New York, NY 10004
	 

	 	Attention: Donald P. Carleen, Esq.
	 

	 	Facsimile: (212) 859-4000
	 
	 	 
	If to the Executive:

	 	Edmund S. Gross
	 

	 	10 E. Cambridge Circle, Suite 250
	 

	 	Kansas City, KS 66103
	 

	 	Facsimile: (913) 982-5651

          All such notices, requests, consents and other communications shall be deemed to have been
given when received. Any party may change its facsimile number or its address to which notices,
requests, demands, claims and other communications hereunder are to be delivered by giving the
other parties hereto notice in the manner then set forth.

               8.7. Governing Law. This Employment Agreement shall be construed and enforced in
accordance with, and the rights and obligations of the parties hereto shall be governed by, the
laws of the State of Kansas, without giving effect to the conflicts of law principles thereof.
Each of the parties hereto irrevocably and unconditionally consents to submit to the exclusive
jurisdiction of the courts of Kansas (collectively, the “Selected Courts”) for any action
or proceeding relating to this Employment Agreement, agrees not to commence any action or
proceeding relating thereto except in the Selected Courts, and waives any forum or venue objections
to the Selected Courts.

               8.8. Severability. Whenever possible, each provision or portion of any provision of
this Employment Agreement, including those contained in Section 4 hereof, will be interpreted in
such manner as to be effective and valid under applicable law but the invalidity or
unenforceability of any provision or portion of any provision of this Employment Agreement in any
jurisdiction shall not affect the validity or enforceability of the remainder of this Employment
Agreement in that jurisdiction or the validity or enforceability of this Employment Agreement,
including that provision or portion of any provision, in any other jurisdiction. In addition,
should a court or arbitrator determine that any provision or portion of any provision of this
Employment Agreement, including those contained in Section 4 hereof, is not reasonable or valid,
either in period of time, geographical area, or otherwise, the parties hereto agree that such
provision should be interpreted and enforced to the maximum extent which such court or arbitrator
deems reasonable or valid.

               8.9. Entire Agreement. From and after the Commencement Date, this Employment
Agreement constitutes the entire agreement between the parties hereto, and supersedes all prior
representations, agreements and understandings (including any prior course

13

 

of dealings), both written and oral, relating to any employment of the Executive by the
Company or any of its Affiliates including, without limitation, the First Amended and Restated
Agreement and the Second Amended and Restated Agreement.

               8.10. Counterparts. This Employment Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all such counterparts shall together
constitute one and the same instrument.

               8.11. Binding Effect. This Employment Agreement shall inure to the benefit of, and be
binding on, the successors and assigns of each of the parties, including, without limitation, the
Executive’s heirs and the personal representatives of the Executive’s estate and any successor to
all or substantially all of the business and/or assets of the Company.

               8.12. General Interpretive Principles. The name assigned this Employment Agreement
and headings of the sections, paragraphs, subparagraphs, clauses and subclauses of this Employment
Agreement are for convenience of reference only and shall not in any way affect the meaning or
interpretation of any of the provisions hereof. Words of inclusion shall not be construed as terms
of limitation herein, so that references to “include”, “includes” and “including” shall not be
limiting and shall be regarded as references to non-exclusive and non-characterizing illustrations.

               8.13. Mitigation. Notwithstanding any other provision of this Employment Agreement,
(a) the Executive will have no obligation to mitigate damages for any breach or termination of this
Employment Agreement by the Company, whether by seeking employment or otherwise and (b) except for
Welfare Benefits provided pursuant to Section 3.2(a) or Section 3.2(b), the amount of any payment
or benefit due the Executive after the date of such breach or termination will not be reduced or
offset by any payment or benefit that the Executive may receive from any other source.

               8.14. Company Actions. Any actions, approvals, decisions, or determinations to be
made by the Company under this Employment Agreement shall be made by the Company’s Board, except as
otherwise expressly provided herein. For purposes of any references herein to the Board’s
designee, any such reference shall be deemed to include the Chief Executive Officer of the Company
and such other or additional officers, or committees of the Board, as the Board may expressly
designate from time to time for such purpose.

[signature page follows]

14

 

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

	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	CVR ENERGY, INC.

	 	 
	/s/ Edmund S. Gross	 	 	 	By:	 	/s/ John J. Lipinski	 	 
	 	 	 	 	 	 	 	 	 
	EDMUND S. GROSS

	 	 	 	 	 	Name:
	 	John J. Lipinski	 	 
	 

	 	 	 	 	 	Title:
	 	Chief Executive Officer and President	 	 

[Signature Page to Third Amended and Restated Employment Agreement]

 

 

APPENDIX A

“Change in Control” means the occurrence of any of the following:

     (a) An acquisition (other than directly from the Company) of any voting securities of the
Company (the “Voting Securities”) by any “Person” (as the term “person” is used for
purposes of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”)), immediately after which such Person has “Beneficial Ownership” (within
the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than thirty percent (30%) of
(i) the then-outstanding Shares or (ii) the combined voting power of the Company’s then-outstanding
Voting Securities; provided, however, that in determining whether a Change in Control has occurred
pursuant to this paragraph (a), the acquisition of Shares or Voting Securities in a Non-Control
Acquisition (as hereinafter defined) shall not constitute a Change in Control. A “Non-Control
Acquisition” shall mean an acquisition by (i) an employee benefit plan (or a trust forming a
part thereof) maintained by (A) the Company or (B) any corporation or other Person the majority of
the voting power, voting equity securities or equity interest of which is owned, directly or
indirectly, by the Company (for purposes of this definition, a “Related Entity”), (ii) the
Company, any Principal Stockholder or any Related Entity, or (iii) any Person in connection with a
Non-Control Transaction (as hereinafter defined);

     (b) The consummation of:

          (i) A merger, consolidation or reorganization (x) with or into the Company or (y) in which
securities of the Company are issued (a “Merger”), unless such Merger is a “Non-Control
Transaction.” A “Non-Control Transaction” shall mean a Merger in which:

               (A) the shareholders of the Company immediately before such Merger own directly or indirectly
immediately following such Merger at least a majority of the combined voting power of the
outstanding voting securities of (1) the corporation resulting from such Merger (the “Surviving
Corporation”), if fifty percent (50%) or more of the combined voting power of the then
outstanding voting securities by the Surviving Corporation is not Beneficially Owned, directly or
indirectly, by another Person (a “Parent Corporation”) or (2) if there is one or more than
one Parent Corporation, the ultimate Parent Corporation;

               (B) the individuals who were members of the Board immediately prior to the execution of the
agreement providing for such Merger constitute at least a majority of the members of the board of
directors of (1) the Surviving Corporation, if there is no Parent Corporation, or (2) if there is
one or more than one Parent Corporation, the ultimate Parent Corporation; and

               (C) no Person other than (1) the Company or another corporation that is a party to the
agreement of Merger, (2) any Related Entity, (3) any employee benefit plan (or any trust forming a
part thereof) that, immediately prior to the Merger, was maintained by the Company or any Related
Entity, or (4) any Person who, immediately prior to the Merger, had Beneficial Ownership of thirty
percent (30%) or more of the then outstanding Shares or Voting Securities, has Beneficial
Ownership, directly or indirectly, of thirty percent (30%) or more of

 

 

the combined voting power of the outstanding voting securities or common stock of (x) the
Surviving Corporation, if there is no Parent Corporation, or (y) if there is one or more than one
Parent Corporation, the ultimate Parent Corporation.

          (ii) A complete liquidation or dissolution of the Company; or

          (iii) The sale or other disposition of all or substantially all of the assets of the Company
and its Subsidiaries taken as a whole to any Person (other than (x) a transfer to a Related Entity
or (y) the distribution to the Company’s shareholders of the stock of a Related Entity or any other
assets).

     Notwithstanding the foregoing, a Change in Control shall not be deemed to occur solely because
any Person (the “Subject Person”) acquired Beneficial Ownership of more than the permitted
amount of the then outstanding Shares or Voting Securities as a result of the acquisition of Shares
or Voting Securities by the Company which, by reducing the number of Shares or Voting Securities
then outstanding, increases the proportional number of shares Beneficially Owned by the Subject
Persons; provided that if a Change in Control would occur (but for the operation of this sentence)
as a result of the acquisition of Shares or Voting Securities by the Company and, after such share
acquisition by the Company, the Subject Person becomes the Beneficial Owner of any additional
Shares or Voting Securities and such Beneficial Ownership increases the percentage of the then
outstanding Shares or Voting Securities Beneficially Owned by the Subject Person, then a Change in
Control shall occur.

     For purposes of this definition: (i) “Shares” means the common stock, par value $.01
per share, of the Company and any other securities into which such shares are changed or for which
such shares are exchanged and (ii) “Principal Stockholder” means each of Kelso Investment
Associates VII, L.P., a Delaware limited partnership, KEP VI, LLC, a Delaware limited liability
company, GS Capital Partners V Fund, L.P., a Delaware limited partnership, GS Capital Partners V
Offshore Fund, L.P., a Cayman Islands exempted limited partnership, GS Capital Partners V
Institutional, L.P., a Delaware limited partnership and GS Capital Partners V GmbH & Co. KG, a
German limited partnership.

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