Document:

ex_101b.htm

    EXHIBIT
10.1b

    
       

      Exhibits
and Disclosure Letters to the Asset Purchase Agreement, dated as of December 6,
2002 by and among Energetic Systems Inc. LLC, UTeC Corporation, LLC, SEC
Investment Corp. LLC, DetaCorp Inc. LLC, Energetic Properties, LLC, Slurry
Explosive Corporation, Universal Tech Corporation, El Dorado Chemical Company,
LSB Chemical Corp., LSB Industries, Inc. and Slurry Explosive Manufacturing
Corporation, LLC, which Asset Purchase Agreement the Company filed as Exhibit
2.1 to the Company's Form 8-K, dated December 12, 2002.

       

       

      EXHIBITS
TO ASSET PURCHASE AGREEMENT

       

      Exhibit
2.1                    
Allocation of Assets Among the Buyers

      Exhibit
2.1(d)                Accounts
Receivable

      Exhibit
2.2(n)                
Excluded Seller Contracts

      Exhibit
2.2(o)                
Excluded Property and Assets

      Exhibit
2.3                     
Prepaid Lease Obligations

      Exhibit
2.4(a)               
Allocation of Responsibility for the Assumed Liabilities Among the
Buyers

      Exhibit
2.7(a)(i)            
Bill of Sale

      Exhibit
2.7(a)(ii)           
Assignment and Assumption Agreement

      Exhibit
2.7(a)(iv)          
Assignment of Marks, Patents and Copyrights

      Exhibit
2.7(a)(vi)          
Noncompetition Agreements

      Exhibit
2.7(a)(vii)          Escrow
Agreement

      Exhibit
2.7(a)(xi)           
Transitional Services Agreement

      Exhibit
2.7(a)(xii)           Use and
License Agreement

      Exhibit
2.8                      
Inventory Adjustment Amount Calculation

      Exhibit
2.9                     
(intentionally left blank)

      Exhibit
7.3                     
Material Consents

      Exhibit
7.4(a)                 
Legal Opinion - Sellers

      Exhibit
7.7                     
Assignment and Assumption of Lease Agreement

      Exhibit
7.8                     
Orica Noncompetition Agreement

      Exhibit
7.11                    
Key Employees

      Exhibit
7.13                    
Environmental Questionnaire

      Exhibit
8.3                      
Consents

      Exhibit
8.4                      
Legal Opinion - Buyers

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      DISCLOSURE
LETTERS TO ASSET PURCHASE AGREEMENT

       

       

      Part
2.1(b)                    
Tangible Personal Property

      Part
2.1(k)                     
Indemnification Rights Relating to Assets/Assumed Liabilities

      Part
3.1                         
Sellers' Jurisdiction of Incorporation/Qualification to Do Business

      Part
3.2(b)                    
Adverse Effects of Execution of Agreement by Sellers

      Part
3.2(c)                    
Required Notices and Consents

      Part
3.6                         
Description of Owned Real Property

      Part
3.7                         
Description of Leased Real Property

      Part
3.8(a)                    
Real Estate Encumbrances and Permitted Real Estate Encumbrances

      Part
3.8(b)                    
Non-Real Estate Encumbrances and Permitted Non-Real Estate
Encumbrances

      Part
3.9(a)                    
Encroachments

      Part
3.9(b)                    
Tangible Personal Property Not in Possession of Sellers

      Part
3.10                       
Accounts Receivable as of Interim Balance Sheet Date

      Part
3.15(a)                   
Employee Plans

      Part
3.16(a)                   
Exceptions to Compliance with Legal Requirements

      Part
3.16(b)                  
Governmental Authorizations; Exceptions to Compliance

      Part
3.17(a)                   
Legal Proceedings

      Part
3.17(b)                  
Orders

      Part
3.19(a)                   
Seller Contracts

      Part
3.19(c)                   
Exceptions to Compliance with Seller Contracts

      Part
3.20(a)                    
Insurance Policies

      Part
3.20(b)                   
Self Insurance Arrangements

      Part
3.21                        
Exceptions to Representations on Environmental Matters

      Part 3.21
(g)                  
List of Environmental Reports, Studies, Analyses, Tests and Monitoring
Data

      Part
3.22(a)                   
Employee Information

      Part
3.23(b)                   
Exceptions to Representations Concerning Labor Disputes

      Part
3.24(d)                   
Patents; Exceptions to Representations; Assignment of

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    
      Exhibit
2.1

    
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Energetic
      Systems Inc., LLC.

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Summary
      Asset Distribution

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      	 
      
	 
      	 
      	
               DetaCorp

            	 
      	
               SEC

            	 
      	
              UTeC

            	 
      	
              Properties

            	 
      	
              Dec 1 2002

            	 
      	 
      
	
              Leases

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              123,000.00

            	 
      	
                           123,000.00

            	 
      	 
      
	
              Magazines

            	 
      	
                              90,000.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                             90,000.00

            	 
      	 
      
	
              Oklahoma
      Office

            	 
      	 
      	 
      	
                            8,900.00

            	 
      	 
      	 
      	 
      	 
      	
                               8,900.00

            	 
      	 
      
	
              Pryor
      Mine Services

            	 
      	
                            333,000.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                           333,000.00

            	 
      	 
      
	
              Retail

            	 
      	 
      	 
      	
                          90,000.00

            	 
      	 
      	 
      	 
      	 
      	
                             90,000.00

            	 
      	 
      
	
              Rail
      Site

            	 
      	
                            176,500.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                           176,500.00

            	 
      	 
      
	
              Retail

            	 
      	 
      	 
      	
                        428,600.00

            	 
      	 
      	 
      	 
      	 
      	
                           428,600.00

            	 
      	 
      
	
              Detagel
      Buildings

            	 
      	
                         1,095,275.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                        1,095,275.00

            	 
      	 
      
	
              Common
      Equipment

            	 
      	
                            266,500.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                           266,500.00

            	 
      	 
      
	
              Detagel
      Plant

            	 
      	
                         2,071,525.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                        2,071,525.00

            	 
      	 
      
	
              Kinepak

            	 
      	
                            914,700.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                           914,700.00

            	 
      	 
      
	
              Energetics
      Plant

            	 
      	
                         1,176,500.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                        1,176,500.00

            	 
      	 
      
	
              Underwater
      Test Facility

            	 
      	 
      	 
      	 
      	 
      	
              91,500.00

            	 
      	 
      	 
      	
                             91,500.00

            	 
      	 
      
	
              Pruf
      Plant

            	 
      	 
      	 
      	 
      	 
      	
              103,000.00

            	 
      	 
      	 
      	
                           103,000.00

            	 
      	 
      
	
              Jayhawk
      R & D

            	 
      	 
      	 
      	 
      	 
      	
              187,500.00

            	 
      	 
      	 
      	
                           187,500.00

            	 
      	 
      
	
              Patents

            	 
      	 
      	 
      	 
      	 
      	
              17,500.00

            	 
      	 
      	 
      	
                             17,500.00

            	 
      	 
      
	
              Accounts
      Receivable - Trade

            	 
      	 
      	 
      	
                     1,253,612.00

            	 
      	 
      	 
      	 
      	 
      	
                        1,253,612.00

            	 
      	 
      
	
              Accounts
      Receivable - Employees

            	 
      	
                                4,500.00

            	 
      	
                          12,275.00

            	 
      	
              8,500.00

            	 
      	 
      	 
      	
                             25,275.00

            	 
      	 
      
	
              Inventory

            	 
      	
                         1,409,519.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                        1,409,519.00

            	 
      	 
      
	
              Inventory:
      capital spares

            	 
      	
                            251,000.00

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                           251,000.00

            	 
      	 
      
	
              Prepaid
      Lease Payments

            	 
      	 
      	 
      	
                          51,988.00

            	 
      	 
      	 
      	 
      	 
      	
                             51,988.00

            	 
      	 
      
	 
      	 
      	
                         7,789,019.00

            	 
      	
                     1,845,375.00

            	 
      	
                   408,000.00

            	 
      	
                      123,000.00

            	 
      	
                      10,165,394.00

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

     

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    

    
      	
              DetaCorp
      Inc., LLC.

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
               Size

            	 
      	 
      	 
      	
              Dec
      1 2002

            	 
      
	
              Manufacturing
      Magazines

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              M-1

            	 
      	
               steel

            	 
      	 
      	 
      	
               8
      x 38

            	 
      	 
      	 
      	
                                    6,000

            	 
      
	
              M-2

            	 
      	
               steel

            	 
      	 
      	 
      	
               10
      x 35

            	 
      	 
      	 
      	
                                    6,000

            	 
      
	
              M-2A

            	 
      	
               steel

            	 
      	 
      	 
      	
               8
      x 22

            	 
      	 
      	 
      	
                                    4,000

            	 
      
	
              M-4

            	 
      	
               steel

            	 
      	 
      	 
      	
               8
      x 20

            	 
      	 
      	 
      	
                                    4,000

            	 
      
	
              L-1
      propellant

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
               50
      x 80

            	 
      	 
      	 
      	
                                  70,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  90,000

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    

    
      	 DetaCorp
      Inc., LLC.	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Pryor
      Mine Services (contractors equipment)

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Dec
      1 2002

            	 
      
	
              office
      computers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    2,500

            	 
      
	
              general
      office equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,500

            	 
      
	
              telephone
      system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    3,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  11,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              1993
      Peterbilt

            	 
      	 
      	 
      	
               SN
      5591

            	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
              1989
      kenworth

            	 
      	 
      	 
      	
               SN
      7743

            	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
              1989
      Kenworth

            	 
      	 
      	 
      	
               SN
      4943

            	 
      	 
      	 
      	 
      	 
      	
                                    9,000

            	 
      
	
              1984
      Fruehuaf tanker

            	 
      	 
      	 
      	
               SN
      8113

            	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
              8
      ft van body w/ime 22 Cat Box

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    2,000

            	 
      
	
              shop
      crane

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    1,000

            	 
      
	
              Alph
      seismograph 3ND digital

            	 
      	 
      	 
      	
               SN
      581

            	 
      	 
      	 
      	 
      	 
      	
                                    6,500

            	 
      
	
              ANFO
      bulk bed foe SEC trailer

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    8,000

            	 
      
	
              ANFO
      bin 45T

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
              1978
      drill: Reed

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,000

            	 
      
	
              Lincoln
      welder

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    2,000

            	 
      
	
              Sullair
      compressor

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
              ANFO
      bin 40T

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
              3/4
      ton pick up (diesel)

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    2,500

            	 
      
	
              trailer:
      tri axle low boy

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
              Bobcat
      loader

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  18,000

            	 
      
	
              bulk
      truck

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  40,000

            	 
      
	
              shop
      service tools

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
               -

            	 
      
	
              1
      ton delivery truck

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    8,500

            	 
      
	
              3/4
      to 4-wheel drive

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    4,000

            	 
      
	
              3/4
      ton service unit

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    4,000

            	 
      
	
              trailer
      equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    3,000

            	 
      
	
              seismograph
      recorcding unit

            	 
      	 
      	 
      	
               SN
      561

            	 
      	 
      	 
      	 
      	 
      	
                                    2,500

            	 
      
	
              Reed
      track drill

            	 
      	 
      	 
      	
               SN
      1060007-76

            	 
      	 
      	 
      	 
      	 
      	
                                  25,000

            	 
      
	
              portable
      compressor 175 psi

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
              3
      drills and spare parts

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  50,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                301,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              magazine

            	 
      	 
      	 
      	 
      	 
      	
               6
      x 7 x 16

            	 
      	 
      	 
      	
                                    2,500

            	 
      
	
              trailer
      magazine

            	 
      	 
      	 
      	 
      	 
      	
               40
      ft

            	 
      	 
      	 
      	
                                    8,000

            	 
      
	
              magazine

            	 
      	 
      	 
      	 
      	 
      	
               20
      case

            	 
      	 
      	 
      	
                                    1,000

            	 
      
	
              magazine

            	 
      	 
      	 
      	 
      	 
      	
               60
      case

            	 
      	 
      	 
      	
                                    2,000

            	 
      
	
              cap
      magazine

            	 
      	 
      	 
      	 
      	 
      	
               4
      x 4 x 4

            	 
      	 
      	 
      	
                                    1,000

            	 
      
	
              magazine

            	 
      	 
      	 
      	 
      	 
      	
               20
      x 8 x 7

            	 
      	 
      	 
      	
                                    6,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
               Total

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                333,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	 Deta
      Corp Inc., LLC.	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	
              Rail
      Site Assets

            	 
      	
               Construction

            	 
      	 
      	 
      	
               Size

            	 
      	 
      	 
      	
              Dec
      1 2002

            	 
      
	
                scale
      house

            	 
      	
               timber

            	 
      	 
      	 
      	
               6
      x 10

            	 
      	 
      	 
      	
                                    2,000

            	 
      
	
                removeable
      equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                114,500

            	 
      
	
                leasehold
      improvements

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  60,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                176,500

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	 
      

              Deta
      Corp Inc., LLC.

            	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Detagel
      Buildings Complex: Hallowell KS

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	
              Building
      Name

            	 
      	
               Description

            	 
      	 
      	 
      	
               Dimension

            	 
      	
              Sq
      Ft

            	 
      	
              Dec
      1 2002

            	 
      
	
                Solution
      mix area

            	 
      	
               brick
      block with transite roof

            	 
      	
              120
      x 65

            	 
      	
              7800

            	 
      	
                                  62,400

            	 
      
	
                Packaging
      / east w/house extention

            	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              130
      x 50

            	 
      	
              6500

            	 
      	
                                  65,000

            	 
      
	
                West
      w/house extention

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              120
      x 50

            	 
      	
              6000

            	 
      	
                                  60,000

            	 
      
	
                NW
      extention

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              44
      x 36

            	 
      	
              1584

            	 
      	 
      	 
      
	
                South
      bulk extention

            	 
      	 
      	 
      	 
      	 
      	
              20
      x 30

            	 
      	
              600

            	 
      	
                                  40,500

            	 
      
	
                Valeron
      storage

            	 
      	 
      	 
      	 
      	 
      	
              72
      x 40

            	 
      	
              2880

            	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                227,900

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Services
      Group

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Electrical
      switchgear building

            	 
      	
               block

            	 
      	 
      	 
      	
              18
      x 16

            	 
      	
              288

            	 
      	
                                    6,300

            	 
      
	
                Air
      compressor building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              25
      x 12

            	 
      	
              300

            	 
      	
                                    4,500

            	 
      
	
                Old
      changehouse

            	 
      	
               block
      / composite roof

            	 
      	 
      	
              34
      x 33

            	 
      	
              1122

            	 
      	
                                    8,975

            	 
      
	
                North
      boiler building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              25
      x 15

            	 
      	
              3000

            	 
      	
                                  33,000

            	 
      
	
                Water
      pump building

            	 
      	
               block
      / composite roof

            	 
      	 
      	
              10
      x 10

            	 
      	
              100

            	 
      	
                                    1,600

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  54,375

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Other

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Oxidizer
      building

            	 
      	
               timber
      frame / steel sheeting

            	 
      	
              150
      x 48

            	 
      	
              7200

            	 
      	
                                  72,000

            	 
      
	
                Fuels
      w/house

            	 
      	
               timber
      frame / steel sheeting

            	 
      	
              150
      x 48

            	 
      	
              7200

            	 
      	
                                  72,000

            	 
      
	
                X-Pak
      boiler building

            	 
      	
               timber

            	 
      	 
      	 
      	
              12
      x 12

            	 
      	
              144

            	 
      	
                                    2,500

            	 
      
	
                Maintenance
      workshop

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              60
      x 30

            	 
      	
              1800

            	 
      	
                                  14,400

            	 
      
	
                Guard
      house

            	 
      	
               timber
      / composite roof

            	 
      	 
      	
              10
      x 15

            	 
      	
              150

            	 
      	
                                  15,000

            	 
      
	
                Drum
      crusher shelter

            	 
      	
               block
      / steel sheeting

            	 
      	 
      	 
      	
              15
      x 15

            	 
      	
              225

            	 
      	
                                    2,600

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                178,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Main
      office building

            	 
      	
               timber
      frame / shingle roof

            	 
      	
              80
      x 40

            	 
      	
              3200

            	 
      	
                                  45,000

            	 
      
	
                Truck
      scale house

            	 
      	
               timber

            	 
      	 
      	 
      	
              6 x
      10

            	 
      	
              60

            	 
      	
                                    1,200

            	 
      
	
                Truck
      service building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              12
      x 12

            	 
      	
              144

            	 
      	
                                    2,100

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  48,300

            	 
      

    

     

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	Energetics	 	 	 	 	 	 	 	 	 	 	 
	
                Offices

            	 
      	
               double
      - wide trailer

            	 
      	 
      	 
      	
              24
      x 50

            	 
      	
              1200

            	 
      	
                                  50,000

            	 
      
	
                Plant
      building

            	 
      	
               block
      / steel sheeting

            	 
      	 
      	 
      	
              IRR
      x IRR

            	 
      	
              12700

            	 
      	
                                517,500

            	 
      
	
                Fuel
      storage

            	 
      	
               block
      / steel sheeting

            	 
      	 
      	 
      	
              24
      x 24

            	 
      	
              576

            	 
      	
                                  15,000

            	 
      
	
                Propane
      storage shelter

            	 
      	
               block
      / steel sheeting

            	 
      	 
      	 
      	
              16
      x 16

            	 
      	
              256

            	 
      	
                                    3,700

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                586,200

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
               Total

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                             1,095,275

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	Deta
      Corp Inc., LLC.	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	
              Common
      Equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Qty

            	 
      	
              Dec
      1 2002

            	 
      
	
                Utilities

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  fire
      alarm system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  60,000

            	 
      
	
                  telephone
      / paging system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,000

            	 
      
	
                  truck
      scale

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,000

            	 
      
	
                  gasoline
      storage tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    1,000

            	 
      
	
                  water
      wagon

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    2,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                103,000

            	 
      
	
                Offices

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  computers
      / networks

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,000

            	 
      
	
                  software

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  office
      furniture

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Warehouse
      / Magazines

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  fork
      lift truck

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,000

            	 
      
	
                  pallet
      jacks

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              2

            	 
      	
                                    1,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  11,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Maintenance
      Shop

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  welder

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                       500

            	 
      
	
                  band
      cut-off saw

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                       500

            	 
      
	
                  industrial
      press

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                       500

            	 
      
	
                  air
      compressor

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    1,000

            	 
      
	
                  5
      x 5 portable fans

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              2

            	 
      	
                                    1,000

            	 
      
	
                  propane
      storage tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    2,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Other

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  1996
      Jeep Larado

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  12,000

            	
              Clive
      Whiteside

            
	
                  1994
      Chevy Pick Up

            	 
      	 
      	 
      	
               SN
      4649

            	 
      	 
      	 
      	 
      	 
      	
                                    9,500

            	 
      
	
                  1998
      Peterbilt

            	 
      	 
      	 
      	
               SN
      46381

            	 
      	 
      	 
      	 
      	 
      	
                                  25,000

            	 
      
	
                  1980
      Fruehuaf. AN tanker

            	 
      	 
      	 
      	
               SN
      0011

            	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  1991
      Ford F-150

            	 
      	 
      	 
      	
               SN
      6465

            	 
      	 
      	 
      	 
      	 
      	
                                    2,000

            	 
      
	
                  1998
      Chev 1/2 ton

            	 
      	 
      	 
      	
               SN
      9167

            	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                  1980
      Fruehuaf. AN tanker

            	 
      	 
      	 
      	
               SN
      2125

            	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  1993
      Freightliner

            	 
      	 
      	 
      	
               SN
      5833

            	 
      	 
      	 
      	 
      	 
      	
                                    8,500

            	 
      
	
                  1998
      Chevy S10

            	 
      	 
      	 
      	
               SN
      91772

            	 
      	 
      	 
      	 
      	 
      	
                                    8,500

            	 
      
	
                  1995
      Volvo

            	 
      	 
      	 
      	
               SN
      2120

            	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  1986
      Monon

            	 
      	 
      	 
      	
               SN
      8710

            	 
      	 
      	 
      	 
      	 
      	
                                    3,000

            	 
      
	
                  1987
      Fruehuaf

            	 
      	 
      	 
      	
               SN
      1852

            	 
      	 
      	 
      	 
      	 
      	
                                    3,500

            	
              Joplin
      MO

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                127,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
               Total

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                266,500

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    

    
      	Deta
      Corp Inc., LLC.	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Energetics
      Plant

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Dec
      1 2002

            	 
      
	
              North
      End

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  AN
      bin

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,000

            	 
      
	
                  Hammermill

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  AN
      feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  propellant
      conveyor system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  30,000

            	 
      
	
                  propellant
      hopper

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                  empty
      can conveying system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                  mother
      liquor storage tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  solution
      transfer pump and piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  15,000

            	 
      
	
                  conical
      mixer

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  30,000

            	 
      
	
                  load
      cell system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                  mixer
      dust extraction system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  27,000

            	 
      
	
                  propellant
      dust extraction system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  18,000

            	 
      
	
                  product
      transfer pumo, hopper & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  32,000

            	 
      
	
                  product
      holding tank & recycle pump

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  23,000

            	 
      
	
                  packaging
      feed pumps

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  60,000

            	 
      
	
                  packaging
      station piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    7,000

            	 
      
	
                  tipper-tie
      machines

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  14,000

            	 
      
	
                  Video
      Jet code data printer

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    7,000

            	 
      
	
                  finished
      procduct transfer conveyor system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    6,000

            	 
      
	
                  sump
      recycle pump and piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    8,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                362,500

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              South
      End

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                 AN
      bin TA 805

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  25,000

            	 
      
	
                  SN
      bin TA 804

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  25,000

            	 
      
	
                  AN
      feed auger SC 801

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  SN
      feed auger SC 802

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  nitrate
      hammer mill HM 801

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  40,000

            	 
      
	
                  AN
      secondary feed auger SC 803

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  SN
      secondary feed auger SC 804

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  hydrolic
      pump set

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  45,000

            	 
      
	
                  stainless
      feed hoppers TA 801 / TA 802

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    6,000

            	 
      
	
                  #1
      solution tank TA 807

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,000

            	 
      
	
                  #2
      solution tank TA 808

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  20,000

            	 
      
	
                  premix
      tank TA 806

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  solution
      transfer pumps P803 / 804 & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  ribbon
      mixer RM 801 with load cells

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  30,000

            	 
      
	
                  product
      feed pump P 801 & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  30,000

            	 
      
	
                  product
      feed tanks TA 809 / 810

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                  packaging
      feed pump p802 & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  30,000

            	 
      
	
                  product
      recycle tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    3,000

            	 
      
	
                  product
      recycle pump p 805 7 piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    5,000

            	 
      
	
                  sump
      recycle pump P806 & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    3,000

            	 
      
	
                  Fillpack
      packaging machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                175,000

            	 
      
	
                  Video
      Jet Code date printers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    7,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                504,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	Deta
      Corp Inc., LLC.	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              DetaGel
      Manufacturing Equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Qty

            	 
      	
              Dec
      1 2002

            	 
      
	
              Raw
      Material Storage

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                nitric
      acid tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  15,000

            	 
      
	
                nitric
      acid pump P105, motor, controls

            	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	
                nitric
      acid piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    8,200

            	 
      
	
                dike
      liner

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    2,000

            	 
      
	
                bulk
      AN bin - TA 301

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  41,000

            	 
      
	
                bulk
      AN bin - TA 302

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,750

            	 
      
	
                sodium
      perchlorate tank TA 106

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  41,000

            	 
      
	
                ammonium
      perchlorate tank TA 105

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  41,000

            	 
      
	
                perchlorate
      transfer pumps P 102, P 104

            	 
      	 
      	 
      	 
      	 
      	
              2

            	 
      	
                                    4,100

            	 
      
	
                perchlorate
      transfer piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	
                Valeraon
      storage racking

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                213,800

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Solution
      Make Up

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                solution
      mix tank TA - 104

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  41,000

            	 
      
	
                solution
      holding tank TA 103

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,750

            	 
      
	
                solution
      transfer pump P 103

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    1,000

            	 
      
	
                solution
      piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    5,000

            	 
      
	
                nitrate
      auger SC 102

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    5,000

            	 
      
	
                hexamine
      auger SC 101

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    5,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  87,750

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Mixing

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                nitrate
      hopper H 301 with load cells

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  20,500

            	 
      
	
                hammer
      mill AM 301

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  24,500

            	 
      
	
                nitrate
      feed auger SC 301

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    4,000

            	 
      
	
                nitrate
      feed auger SC 302

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    4,000

            	 
      
	
                premix
      tank TA 303

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    3,000

            	 
      
	
                ribbon
      mixer RM 301 with hydrolic load cells

            	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  71,750

            	 
      
	
                wet
      vent and recycle system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	
                product
      recycle tank, pump & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	
                sump
      water tank, pump & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,250

            	 
      
	
                mix
      transfer pump P301 & piping

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  20,500

            	 
      
	
                aluminium
      feeder FE 301

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  61,500

            	 
      
	
                aluminium
      drum handling equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,750

            	 
      
	
                aluminium
      dust handling system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  20,500

            	 
      
	
                aluminium
      room jib & hoist

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    3,000

            	 
      
	
                mix
      room runway beam & hoist

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    4,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                298,750

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Packaging

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                process
      feed tanks

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                  17,875

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	  process
      feed pumps & piping	 	 	 	 	 	 	 	3	 	12,300 	 
	
                K-P
      packaging machines

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                535,000

            	 
      
	
                cord
      pullers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                    3,000

            	 
      
	
                box
      scales

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                    4,500

            	 
      
	
                conveyor
      line

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                  18,450

            	 
      
	
                video
      jet Valeron printers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                  21,500

            	 
      
	
                video
      jet box printers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                  43,050

            	 
      
	
                banders

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              3

            	 
      	
                                    4,500

            	 
      
	
                traymakers

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              2

            	 
      	
                                  60,000

            	 
      
	
                shrink
      wrapping machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  20,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                740,175

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Utilities
      and Common

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Cleaver
      Brooks steam boiler

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                164,000

            	 
      
	
                Powermaster
      staem boiler

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                102,500

            	 
      
	
                steam
      piping and condensate return system

            	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  50,000

            	 
      
	
                plant
      air compressor

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,750

            	 
      
	
                water
      pump and service piping

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  61,500

            	 
      
	
                electrical
      switchgear & distribution system

            	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                200,000

            	 
      
	
                QC
      testing equipment, scales, etc.

            	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                       750

            	 
      
	
                hydrolic
      pump set

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  30,750

            	 
      
	
                fork
      lift truck

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              2

            	 
      	
                                  15,000

            	
              1
      leased

            
	
                air
      conditioning unit & ductwork

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  41,000

            	 
      
	
                fuel
      oil storage tank & associated equipment

            	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  20,500

            	 
      
	
                propane
      storage tank

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                    4,100

            	 
      
	
                drum
      crusher

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              1

            	 
      	
                                  10,200

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                731,050

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
               Total

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                             2,071,525

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	Deta
      Corp Inc., LLC	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Value

            	 
      
	
              Kinepak

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Dec
      1 2002

            	 
      
	
              Kinepak
      offices

            	 
      	
               single
      - wide trailer

            	 
      	 
      	 
      	
              14
      x 60

            	 
      	
              840

            	 
      	
                                  10,000

            	 
      
	
                Liquids
      building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              40
      x 31

            	 
      	
              1240

            	 
      	
                                  30,000

            	 
      
	
                Solids
      building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              61
      x 70

            	 
      	
              4270

            	 
      	
                                  80,000

            	 
      
	
                Warehouse

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              50
      x 150

            	 
      	
              7500

            	 
      	
                                100,000

            	 
      
	
                Services
      building

            	 
      	
               steel
      frame / sheeting

            	 
      	 
      	 
      	
              11
      x 10

            	 
      	
              110

            	 
      	
                                  15,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                235,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Plant
      Equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Liquids

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Filimatic
      machine with conveyor

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  60,000

            	 
      
	
                Kalix
      filling machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  50,000

            	 
      
	
                hot
      glue system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    4,000

            	 
      
	
                drum
      handling equipment

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    2,000

            	 
      
	
                exhaust
      fan & ductwork

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    9,000

            	 
      
	
                air
      conditioning and ductwork

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  18,000

            	 
      
	
                plant
      air compressor

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    6,000

            	 
      
	
                electrical
      switchgear & distribution

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  47,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                196,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Solids

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                microballoon
      pump

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    4,500

            	 
      
	
                AN
      feeder hopper

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,600

            	 
      
	
                AN
      mill

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,600

            	 
      
	
                AN
      feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  11,000

            	 
      
	
                primary
      blender

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  31,500

            	 
      
	
                primary
      feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  11,200

            	 
      
	
                secondary
      blender

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  31,200

            	 
      
	
                1/3#
      Bottles packaging machine feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,300

            	 
      
	
                form,
      fill & seal machine feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  11,400

            	 
      
	
                1#
      Stick packaging machine feed auger

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  12,300

            	 
      
	
                1/3
      # Bottles packaging machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  55,000

            	 
      
	
                form,
      fill & seal machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  45,000

            	 
      
	
                1
      # Stick packaging machine

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  37,000

            	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    
      	 box
      stitching machine	 	 	 	 	 	 	 	 	 	3,800	 
	
                dust
      collection system

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  32,700

            	 
      
	
                air
      conditioning & ducting

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  36,000

            	 
      
	
                plant
      air compressors

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    9,000

            	 
      
	
                electrical
      switchgear & distribution

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  65,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                428,100

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Warehouse

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                pallet
      racking

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                    9,600

            	 
      
	
                fork
      lift truck

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  10,000

            	 
      
	
                dehumidifier

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  36,000

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                  55,600

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
               Total

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                                914,700

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    Exhibit
2.1 (d)

     

    
      Accounts
Receivable

    

     

    
      See
attached schedule

    

     

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    

      
        	 
      	 
      	 
      	 
      	 
      	
                Table
      1

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Slurry
      Explosive Corporation

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Accounts
      Receivable Aging

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                As
      of November 30, 2002

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Cusno

              	 
      	
                Customer
      Name

              	 
      	
                #

              	 
      	
                Date

              	 
      	
                Date

              	 
      	
                Amount

              	 
      	
                Current

              	 
      	
                A30to60

              	 
      	
                A60to90

              	 
      	
                Over
      90

              	 
      
	
                10

              	 
      	
                ADAMS
      EXPLOSIVES

              	 
      	
                120832

              	 
      	
                10/18/2002

              	 
      	
                12/17/2002

              	 
      	
                $2,250.00

              	 
      	
                $0.00

              	 
      	
                $2,250.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                15

              	 
      	
                ADRIAN
      ROCK, INC.

              	 
      	
                120930

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $2,480.27

              	 
      	
                $2,480.27

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                78

              	 
      	
                ALASKA
      PACIFIC POWDER COM

              	 
      	
                120768

              	 
      	
                10/4/2002

              	 
      	
                12/3/2002

              	 
      	
                $15,663.53

              	 
      	
                $0.00

              	 
      	
                $15,663.53

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                78

              	 
      	
                ALASKA
      PACIFIC POWDER COM

              	 
      	
                120787

              	 
      	
                10/9/2002

              	 
      	
                12/8/2002

              	 
      	
                $324.00

              	 
      	
                $0.00

              	 
      	
                $324.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                78

              	 
      	
                ALASKA
      PACIFIC POWDER COM

              	 
      	
                120902

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $13,376.00

              	 
      	
                $13,376.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                78

              	 
      	
                ALASKA
      PACIFIC POWDER COM

              	 
      	
                120932

              	 
      	
                11/11/2002

              	 
      	
                1/10/2003

              	 
      	
                $15,283.06

              	 
      	
                $15,283.06

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                78

              	 
      	
                ALASKA
      PACIFIC POWDER COM

              	 
      	
                120939

              	 
      	
                11/11/2002

              	 
      	
                1/10/2003

              	 
      	
                $8,008.00

              	 
      	
                $8,008.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                12700

              	 
      	
                9/20/2002

              	 
      	
                10/20/2002

              	 
      	
                ($12,306.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($12,306.00)

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120701

              	 
      	
                9/20/2002

              	 
      	
                10/20/2002

              	 
      	
                $11,750.40

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $11,750.40

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120906

              	 
      	
                11/5/2002

              	 
      	
                12/5/2002

              	 
      	
                $5,994.00

              	 
      	
                $5,994.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120918

              	 
      	
                11/5/2002

              	 
      	
                12/5/2002

              	 
      	
                $30,030.00

              	 
      	
                $30,030.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120929

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $1,088.00

              	 
      	
                $1,088.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120976

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $7,975.00

              	 
      	
                $7,975.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                262

              	 
      	
                INTERMOUNTAIN
      WEST ENERGY

              	 
      	
                120993

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $9,414.00

              	 
      	
                $9,414.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120729

              	 
      	
                9/26/2002

              	 
      	
                11/25/2002

              	 
      	
                $647.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $647.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120742

              	 
      	
                9/30/2002

              	 
      	
                11/29/2002

              	 
      	
                $973.00

              	 
      	
                $0.00

              	 
      	
                $973.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120849

              	 
      	
                10/22/2002

              	 
      	
                12/21/2002

              	 
      	
                $6,480.00

              	 
      	
                $0.00

              	 
      	
                $6,480.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120875

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $2,550.00

              	 
      	
                $2,550.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120876

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $12,565.28

              	 
      	
                $12,565.28

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120883

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $1,905.00

              	 
      	
                $1,905.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120971

              	 
      	
                11/18/2002

              	 
      	
                1/17/2003

              	 
      	
                $32,032.00

              	 
      	
                $32,032.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                280

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120996

              	 
      	
                11/22/2002

              	 
      	
                1/21/2003

              	 
      	
                $6,530.00

              	 
      	
                $6,530.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                281

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120762

              	 
      	
                10/4/2002

              	 
      	
                12/3/2002

              	 
      	
                $10,208.00

              	 
      	
                $0.00

              	 
      	
                $10,208.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                281

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120769

              	 
      	
                10/4/2002

              	 
      	
                12/3/2002

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                281

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120909

              	 
      	
                11/5/2005

              	 
      	
                1/4/2003

              	 
      	
                $10,440.00

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                282

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120867

              	 
      	
                10/25/2002

              	 
      	
                12/24/2002

              	 
      	
                $9,945.00

              	 
      	
                $0.00

              	 
      	
                $9,945.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                282

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120992

              	 
      	
                11/18/2002

              	 
      	
                1/17/2003

              	 
      	
                $9,945.00

              	 
      	
                $9,945.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                282

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                121033

              	 
      	
                11/27/2002

              	 
      	
                1/26/2003

              	 
      	
                $18,694.40

              	 
      	
                $18,694.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                285

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120829

              	 
      	
                10/18/2002

              	 
      	
                12/17/2002

              	 
      	
                $9,299.00

              	 
      	
                $0.00

              	 
      	
                $9,299.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                285

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120915

              	 
      	
                11/5/2002

              	 
      	
                1/4/2003

              	 
      	
                $9,648.00

              	 
      	
                $9,648.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                285

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120917

              	 
      	
                11/5/2002

              	 
      	
                1/4/2003

              	 
      	
                $9,450.00

              	 
      	
                $9,450.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                289

              	 
      	
                AUSTIN
      POWDER CO

              	 
      	
                120854

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $9,450.00

              	 
      	
                $0.00

              	 
      	
                $9,450.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                357

              	 
      	
                BEACHNER
      CONSTR. CO., INC.

              	 
      	
                120987

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $3,698.00

              	 
      	
                $3,698.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                425

              	 
      	
                BICHLER
      GRAVEL & CONCRETE

              	 
      	
                120927

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $3,484.00

              	 
      	
                $3,484.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                440

              	 
      	
                BINNS
      & STEVENS EXPL. INC.

              	 
      	
                120882

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $2,640.00

              	 
      	
                $2,640.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                440

              	 
      	
                BINNS
      & STEVENS EXPL. INC.

              	 
      	
                120943

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $2,502.50

              	 
      	
                $2,502.50

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                440

              	 
      	
                BINNS
      & STEVENS EXPL. INC.

              	 
      	
                120988

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $5,720.00

              	 
      	
                $5,720.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                440

              	 
      	
                BINNS
      & STEVENS EXPL. INC.

              	 
      	
                121003

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $16,452.08

              	 
      	
                $16,452.08

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                445

              	 
      	
                BIRMINGHAM
      PWD & SUPPLY

              	 
      	
                120997

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $508.00

              	 
      	
                $508.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                445

              	 
      	
                BIRMINGHAM
      PWD & SUPPLY

              	 
      	
                121027

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $3,999.00

              	 
      	
                $3,999.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                461

              	 
      	
                BLUE
      CIRCLE INC

              	 
      	
                120934

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $384.00

              	 
      	
                $384.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                461

              	 
      	
                BLUE
      CIRCLE INC

              	 
      	
                120936

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $4,970.00

              	 
      	
                $4,970.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                461

              	 
      	
                BLUE
      CIRCLE INC

              	 
      	
                120979

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                ($432.00)

              	 
      	
                ($432.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                461

              	 
      	
                BLUE
      CIRCLE INC

              	 
      	
                120980

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                ($864.00)

              	 
      	
                ($864.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                461

              	 
      	
                BLUE
      CIRCLE INC

              	 
      	
                121007

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $3,789.50

              	 
      	
                $3,789.50

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                480

              	 
      	
                BOREN/IRECO
      EXPLOSIVE COM

              	 
      	
                120872

              	 
      	
                10/29/2002

              	 
      	
                11/28/2002

              	 
      	
                $18,000.00

              	 
      	
                $18,000.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                480

              	 
      	
                BOREN/IRECO
      EXPLOSIVE COM

              	 
      	
                120892

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $30,800.00

              	 
      	
                $30,800.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                495

              	 
      	
                BRAKEFIELD
      EQUIPMENT INC

              	 
      	
                120970

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $5,682.27

              	 
      	
                $5,682.27

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                495

              	 
      	
                BRAKEFIELD
      EQUIPMENT INC

              	 
      	
                120983

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $2,295.00

              	 
      	
                $2,295.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                495

              	 
      	
                BRAKEFIELD
      EQUIPMENT INC

              	 
      	
                121016

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $5,221.97

              	 
      	
                $5,221.97

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                495

              	 
      	
                BRAKEFIELD
      EQUIPMENT INC

              	 
      	
                121018

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $495.00

              	 
      	
                $495.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                610

              	 
      	
                BUCKLEY
      POWDER CO

              	 
      	
                120885

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $4,404.84

              	 
      	
                $4,404.84

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                610

              	 
      	
                BUCKLEY
      POWDER CO

              	 
      	
                120908

              	 
      	
                11/5/2002

              	 
      	
                12/5/2002

              	 
      	
                $3,967.74

              	 
      	
                $3,967.74

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                610

              	 
      	
                BUCKLEY
      POWDER CO

              	 
      	
                120944

              	 
      	
                11/12/2002

              	 
      	
                12/12/2002

              	 
      	
                $4,496.96

              	 
      	
                $4,496.96

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                610

              	 
      	
                BUCKLEY
      POWDER CO

              	 
      	
                120994

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $4,395.44

              	 
      	
                $4,395.44

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                610

              	 
      	
                BUCKLEY
      POWDER CO

              	 
      	
                121040

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $4,267.60

              	 
      	
                $4,267.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                728

              	 
      	
                CARTER
      BLASTING

              	 
      	
                120966

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $3,280.98

              	 
      	
                $3,280.99

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120833

              	 
      	
                10/18/2002

              	 
      	
                10/18/2002

              	 
      	
                $2,685.00

              	 
      	
                $0.00

              	 
      	
                $2,685.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120887

              	 
      	
                10/31/2002

              	 
      	
                10/31/2002

              	 
      	
                $623.00

              	 
      	
                $623.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120920

              	 
      	
                11/8/2002

              	 
      	
                11/8/2002

              	 
      	
                $705.96

              	 
      	
                $705.96

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120926

              	 
      	
                11/8/2002

              	 
      	
                11/8/2002

              	 
      	
                $857.00

              	 
      	
                $857.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120928

              	 
      	
                11/8/2002

              	 
      	
                11/8/2002

              	 
      	
                $368.21

              	 
      	
                $368.21

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120961

              	 
      	
                11/15/2002

              	 
      	
                11/15/2002

              	 
      	
                $601.65

              	 
      	
                $601.65

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                120962

              	 
      	
                11/15/2002

              	 
      	
                11/15/2002

              	 
      	
                $328.51

              	 
      	
                $328.51

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                754

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                121039

              	 
      	
                11/27/2002

              	 
      	
                11/27/2002

              	 
      	
                $1,124.57

              	 
      	
                $1,124.57

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                756

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                121012

              	 
      	
                11/22/2002

              	 
      	
                11/22/2002

              	 
      	
                $1,610.28

              	 
      	
                $1,610.28

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                756

              	 
      	
                CASH
      SALES BINARY

              	 
      	
                121034

              	 
      	
                11/27/2002

              	 
      	
                11/27/2002

              	 
      	
                $100.00

              	 
      	
                $100.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                956

              	 
      	
                CLEMENS
      COAL COMPANY

              	 
      	
                106722

              	 
      	
                2/13/1997

              	 
      	
                3/15/1997

              	 
      	
                $1,539.78

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,539.78

              	 
      
	
                956

              	 
      	
                CLEMENS
      COAL COMPANY

              	 
      	
                106838

              	 
      	
                3/10/1997

              	 
      	
                4/9/1997

              	 
      	
                $704.24

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $704.24

              	 
      
	
                1035

              	 
      	
                COMPANIA
      INDUSTRIAL HANKA

              	 
      	
                120919

              	 
      	
                11/7/2002

              	 
      	
                12/7/2002

              	 
      	
                $29,040.00

              	 
      	
                $29,040.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1040

              	 
      	
                BUCKLEY
      POWDER CO OF OKLA

              	 
      	
                120981

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $2,200.00

              	 
      	
                $2,200.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1071

              	 
      	
                CONTROLLED
      ENERGY SERVICE

              	 
      	
                115140

              	 
      	
                8/31/2000

              	 
      	
                9/30/2000

              	 
      	
                $2,560.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $2,560.00

              	 
      
	
                1071

              	 
      	
                CONTROLLED
      ENERGY SERVICE

              	 
      	
                115140

              	 
      	
                1/10/2001

              	 
      	
                9/30/2000

              	 
      	
                ($366.30)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($366.30)

              	 
      
	
                1071

              	 
      	
                CONTROLLED
      ENERGY SERVICE

              	 
      	
                115141

              	 
      	
                8/31/2000

              	 
      	
                9/30/2000

              	 
      	
                $2,560.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $2,560.00

              	 
      
	
                1071

              	 
      	
                CONTROLLED
      ENERGY SERVICE

              	 
      	
                115486

              	 
      	
                10/9/2000

              	 
      	
                11/8/2000

              	 
      	
                $2,638.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $2,638.00

              	 
      
	
                1075

              	 
      	
                COONIE'S
      EXPLOSIVES

              	 
      	
                121038

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $6.00

              	 
      	
                $4,808.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1280

              	 
      	
                DELTA
      SEABORD WELL SERV

              	 
      	
                120888

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $590.32

              	 
      	
                $590.32

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1390

              	 
      	
                DenAdel
      Enterprises

              	 
      	
                120851

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $1,659.46

              	 
      	
                $0.00

              	 
      	
                $1,659.46

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1390

              	 
      	
                DenAdel
      Enterprises

              	 
      	
                120925

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $1,072.68

              	 
      	
                $1,072.68

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1430

              	 
      	
                DYKON,
      INC

              	 
      	
                121030

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $1,700.00

              	 
      	
                $1,700.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      

      

      
        
           

        

        
          Page
1  

          
            

          

        

        
           

        

      

      
        	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Cusno

              	 
      	
                Customer
      Name

              	 
      	
                #

              	 
      	
                Date

              	 
      	
                Date

              	 
      	
                Amount

              	 
      	
                Current

              	 
      	
                A30to60

              	 
      	
                A60to90

              	 
      	
                Over
      90

              	 
      
	
                1430

              	 
      	
                DYKON,
      INC.

              	 
      	
                121035

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $1,155.00

              	 
      	
                $1,155.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1445

              	 
      	
                RIMROCK
      EXPLOSIVES

              	 
      	
                120995

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $299.00

              	 
      	
                $299.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1560

              	 
      	
                ENERGY
      ENTERPRISES

              	 
      	
                120740

              	 
      	
                9/30/2002

              	 
      	
                10/30/2002

              	 
      	
                $2,349.00

              	 
      	
                $0.00

              	 
      	
                $2,349.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1566

              	 
      	
                E.E.I.
      (MO)

              	 
      	
                120819

              	 
      	
                10/16/2002

              	 
      	
                12/15/2002

              	 
      	
                $3,897.00

              	 
      	
                $0.00

              	 
      	
                $3,897.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1566

              	 
      	
                E.E.I.
      (MO)

              	 
      	
                120820

              	 
      	
                10/16/2002

              	 
      	
                12/15/2002

              	 
      	
                $3,758.40

              	 
      	
                $0.00

              	 
      	
                $3,758.40

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1650

              	 
      	
                EXPLOSIVES
      PRODUCTS

              	 
      	
                120998

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $230.00

              	 
      	
                $230.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1937

              	 
      	
                GREEN
      MOUNTAIN EXPLOSIVES

              	 
      	
                120984

              	 
      	
                11/18/2002

              	 
      	
                12/27/2002

              	 
      	
                $13,882.32

              	 
      	
                $13,882.32

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1937

              	 
      	
                GREEN
      MOUNTAIN EXPLOSIVES

              	 
      	
                120984

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                ($911.74)

              	 
      	
                ($911.74)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1937

              	 
      	
                GREEN
      MOUNTAIN EXPLOSIVES

              	 
      	
                121004

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $4,070.00

              	 
      	
                $4,070.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1937

              	 
      	
                GREEN
      MOUNTAIN EXPLOSIVES

              	 
      	
                121036

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $1,430.00

              	 
      	
                $1,430.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2000

              	 
      	
                HEARTLAND
      CEMENT CO

              	 
      	
                120985

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $5,497.60

              	 
      	
                $5,497.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2000

              	 
      	
                HEARTLAND
      CEMENT CO

              	 
      	
                121002

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $7,257.03

              	 
      	
                $7,257.03

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2015

              	 
      	
                HEBER
      SPRINGS WATER DEPT

              	 
      	
                120848

              	 
      	
                10/22/2002

              	 
      	
                11/21/2002

              	 
      	
                $8,394.73

              	 
      	
                $0.00

              	 
      	
                $8,394.73

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2025

              	 
      	
                HERMITAGE
      EXPLOSIVES CORP

              	 
      	
                121006

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $1,847.69

              	 
      	
                $1,847.69

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2025

              	 
      	
                HERMITAGE
      EXPLOSIVES CORP

              	 
      	
                121010

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $8,560.00

              	 
      	
                $8,560.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2093

              	 
      	
                NELSON
      BROTHERS, LLC

              	 
      	
                120931

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $13,940.00

              	 
      	
                $13,940.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2225

              	 
      	
                INTERSTATE
      TRANS EQ CO

              	 
      	
                120533

              	 
      	
                8/9/2002

              	 
      	
                9/8/2002

              	 
      	
                $487.50

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $487.50

              	 
      
	
                2225

              	 
      	
                INTERSTATE
      TRANS EQ CO

              	 
      	
                120893

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $450.00

              	 
      	
                $450.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2225

              	 
      	
                INTERSTATE
      TRANS EQ CO

              	 
      	
                121041

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $300.00

              	 
      	
                $300.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2231

              	 
      	
                DYNO
      NOBEL INC.

              	 
      	
                120967

              	 
      	
                11/18/2002

              	 
      	
                1/17/2003

              	 
      	
                $1,103.00

              	 
      	
                $1,103.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2456

              	 
      	
                JAY
      DEE CONTRACTORS

              	 
      	
                120922

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $348.94

              	 
      	
                $348.94

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2457

              	 
      	
                JERICO
      SERVICES INC.

              	 
      	
                121025

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $280.00

              	 
      	
                $280.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2457

              	 
      	
                JERICO
      SERVICES INC.

              	 
      	
                121026

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $280.00

              	 
      	
                $280.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2505

              	 
      	
                KENTUCKY
      POWDER COMPANY

              	 
      	
                120942

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $6,226.71

              	 
      	
                $6,226.71

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2505

              	 
      	
                KENTUCKY
      POWDER COMPANY

              	 
      	
                121024

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $11,602.22

              	 
      	
                $11,602.22

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2570

              	 
      	
                LABETTE
      CO HWY DEPT

              	 
      	
                120986

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $5,988.80

              	 
      	
                $5,988.80

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2603

              	 
      	
                LADSHAW
      EXPLOSIVES, INC.

              	 
      	
                120844

              	 
      	
                10/22/2002

              	 
      	
                11/21/2002

              	 
      	
                $4,597.80

              	 
      	
                $0.00

              	 
      	
                $4,597.80

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2603

              	 
      	
                LADSHAW
      EXPLOSIVES, INC.

              	 
      	
                120868

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $4,595.86

              	 
      	
                $0.00

              	 
      	
                $4,595.86

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2735

              	 
      	
                POWDER
      FACTOR ENGINEERING

              	 
      	
                120963

              	 
      	
                11/15/2002

              	 
      	
                12/15/2002

              	 
      	
                $3,745.00

              	 
      	
                $3,745.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120761

              	 
      	
                9/30/2002

              	 
      	
                10/30/2002

              	 
      	
                $6,541.59

              	 
      	
                $0.00

              	 
      	
                $6,541.59

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120852

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $3,097.71

              	 
      	
                $0.00

              	 
      	
                $3,097.71

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120866

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $1,700.49

              	 
      	
                $0.00

              	 
      	
                $1,700.49

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120879

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $2,921.82

              	 
      	
                $2,921.82

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120910

              	 
      	
                11/5/2002

              	 
      	
                12/5/2002

              	 
      	
                $4,168.89

              	 
      	
                $4,168.89

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120923

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $2,663.43

              	 
      	
                $2,663.43

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120933

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $3,610.53

              	 
      	
                $3,610.53

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120957

              	 
      	
                11/14/2002

              	 
      	
                12/14/2002

              	 
      	
                $4,358.31

              	 
      	
                $4,358.31

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120975

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $4,077.15

              	 
      	
                $4,077.15

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                120999

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $3,284.16

              	 
      	
                $3,284.16

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                121005

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $4,370.52

              	 
      	
                $4,370.52

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                121017

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $4,404.51

              	 
      	
                $4,404.51

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2750

              	 
      	
                LONE
      STAR INDUSTRIES

              	 
      	
                121031

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $5,415.30

              	 
      	
                $5,415.30

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120483

              	 
      	
                7/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $10,675.62

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $10,675.62

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120483

              	 
      	
                9/4/2002

              	 
      	
                12/30/2002

              	 
      	
                ($10,675.62)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($10,675.62)

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120483

              	 
      	
                11/15/2002

              	 
      	
                12/30/2002

              	 
      	
                ($22.86)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($22.86)

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                16122

              	 
      	
                9/30/2002

              	 
      	
                11/14/2002

              	 
      	
                $23.10

              	 
      	
                $0.00

              	 
      	
                $23.10

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120904

              	 
      	
                10/31/2002

              	 
      	
                12/15/2002

              	 
      	
                $9,678.90

              	 
      	
                $9,678.90

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120907

              	 
      	
                11/5/2002

              	 
      	
                12/20/2002

              	 
      	
                $10,668.00

              	 
      	
                $10,688.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120937

              	 
      	
                11/11/2002

              	 
      	
                12/26/2002

              	 
      	
                $9,682.20

              	 
      	
                $9,682.20

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120958

              	 
      	
                11/14/2002

              	 
      	
                12/29/2002

              	 
      	
                $9,682.20

              	 
      	
                $9,682.20

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120960

              	 
      	
                11/14/2002

              	 
      	
                12/29/2002

              	 
      	
                $9,678.90

              	 
      	
                $9,678.90

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120989

              	 
      	
                11/18/2002

              	 
      	
                1/2/2003

              	 
      	
                $9,680.00

              	 
      	
                $9,680.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                120990

              	 
      	
                11/18/2002

              	 
      	
                1/2/2003

              	 
      	
                $9,682.20

              	 
      	
                $9,682.20

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                121011

              	 
      	
                11/22/2002

              	 
      	
                1/6/2003

              	 
      	
                $9,680.00

              	 
      	
                $9,680.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2820

              	 
      	
                MAURER
      & SCOTT INC

              	 
      	
                121037

              	 
      	
                11/27/2002

              	 
      	
                1/11/2003

              	 
      	
                $9,680.00

              	 
      	
                $9,680.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2995

              	 
      	
                INDEPENDENT
      SALT COMPANY

              	 
      	
                120873

              	 
      	
                10/29/2002

              	 
      	
                11/28/2002

              	 
      	
                $600.00

              	 
      	
                $600.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2995

              	 
      	
                INDEPENDENT
      SALT COMPANY

              	 
      	
                120889

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $20,632.00

              	 
      	
                $20,632.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2995

              	 
      	
                INDEPENDENT
      SALT COMPANY

              	 
      	
                121001

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $18,581.60

              	 
      	
                $18,581.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3025

              	 
      	
                MARTIN
      MARIETTA MATERIALS

              	 
      	
                120897

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $16,000.00

              	 
      	
                $16,000.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3085

              	 
      	
                NELSON
      BROTHERS, LLC

              	 
      	
                120692

              	 
      	
                9/20/2002

              	 
      	
                10/20/2002

              	 
      	
                $1,971.75

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,971.75

              	 
      	
                $0.00

              	 
      
	
                3085

              	 
      	
                NELSON
      BROTHERS, LLC

              	 
      	
                120692

              	 
      	
                10/28/2002

              	 
      	
                10/20/2002

              	 
      	
                ($1,893.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($1,893.00)

              	 
      	
                $0.00

              	 
      
	
                3090

              	 
      	
                NELSON
      BROTHERS QUARRY

              	 
      	
                120587

              	 
      	
                8/23/2002

              	 
      	
                9/22/2002

              	 
      	
                ($216.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($216.00)

              	 
      
	
                3090

              	 
      	
                NELSON
      BROTHERS QUARRY

              	 
      	
                121020

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $3,065.18

              	 
      	
                $3,065.18

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3160

              	 
      	
                NORTHAMERICAN
      IND. SERV

              	 
      	
                120831

              	 
      	
                10/18/2002

              	 
      	
                11/17/2002

              	 
      	
                $6,477.78

              	 
      	
                $0.00

              	 
      	
                $6,477.78

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3160

              	 
      	
                NORTHAMERICAN
      IND. SERV

              	 
      	
                120847

              	 
      	
                10/22/2002

              	 
      	
                11/21/2002

              	 
      	
                $6,431.06

              	 
      	
                $0.00

              	 
      	
                $6,431.06

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3160

              	 
      	
                NORTHAMERICAN
      IND. SERV

              	 
      	
                120921

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $6,208.14

              	 
      	
                $6,208.14

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3160

              	 
      	
                NORTHAMERICAN
      IND. SERV

              	 
      	
                120951

              	 
      	
                11/12/2002

              	 
      	
                12/12/2002

              	 
      	
                ($3,216.00)

              	 
      	
                ($3,216.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3181

              	 
      	
                OMNI
      DISTRIBUTING INC

              	 
      	
                120166

              	 
      	
                5/24/2002

              	 
      	
                6/23/2002

              	 
      	
                $10,954.30

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $10,954.30

              	 
      
	
                3181

              	 
      	
                OMNI
      DISTRIBUTING INC

              	 
      	
                120166

              	 
      	
                11/14/2002

              	 
      	
                6/23/2002

              	 
      	
                ($2,000.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($2,000.00)

              	 
      
	
                3191

              	 
      	
                ORICA
      CANADA INC

              	 
      	
                121043

              	 
      	
                11/27/2002

              	 
      	
                1/26/2003

              	 
      	
                $33,770.00

              	 
      	
                $33,770.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3359

              	 
      	
                PHOENIX
      MINING COMPANY

              	 
      	
                120948

              	 
      	
                11/12/2002

              	 
      	
                12/12/2002

              	 
      	
                $5,829.77

              	 
      	
                $5,829.77

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3365

              	 
      	
                PHILIP
      SERVICES

              	 
      	
                120821

              	 
      	
                10/16/2002

              	 
      	
                11/15/2002

              	 
      	
                $2,040.00

              	 
      	
                $0.00

              	 
      	
                $2,040.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3365

              	 
      	
                PHILIP
      SERVICES

              	 
      	
                120884

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $3,750.00

              	 
      	
                $3,750.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3410

              	 
      	
                PRYOR
      STONE INC

              	 
      	
                120924

              	 
      	
                11/8/2002

              	 
      	
                12/8/2002

              	 
      	
                $184.85

              	 
      	
                $184.85

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3410

              	 
      	
                PRYOR
      STONE INC

              	 
      	
                120935

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $1,893.05

              	 
      	
                $1,893.05

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3410

              	 
      	
                PRYOR
      STONE INC

              	 
      	
                121032

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $504.21

              	 
      	
                $504.21

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3450

              	 
      	
                QUAPAW

              	 
      	
                120974

              	 
      	
                11/18/2002

              	 
      	
                1/17/2003

              	 
      	
                $15,630.03

              	 
      	
                $15,630.03

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3450

              	 
      	
                QUAPAW

              	 
      	
                120991

              	 
      	
                11/18/2002

              	 
      	
                1/17/2003

              	 
      	
                $17,091.00

              	 
      	
                $17,091.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3450

              	 
      	
                QUAPAW

              	 
      	
                121014

              	 
      	
                11/26/2002

              	 
      	
                1/25/2003

              	 
      	
                $5,222.25

              	 
      	
                $5,222.25

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3450

              	 
      	
                QUAPAW

              	 
      	
                121015

              	 
      	
                11/26/2002

              	 
      	
                1/25/2003

              	 
      	
                $15,318.60

              	 
      	
                $15,318.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      

      

      
        
           

        

        
          Page
2  

          
            

          

        

        
           

        

      

      
        	 
      	 
      	 
      	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Cusno

              	 
      	
                Customer
      Name

              	 
      	
                #

              	 
      	
                Date

              	 
      	
                Date

              	 
      	
                Amount

              	 
      	
                Current

              	 
      	
                A30to60

              	 
      	
                A60to90

              	 
      	
                Over
      90

              	 
      
	
                3599

              	 
      	
                RICHARDSON
      WELL DRLG

              	 
      	
                120680

              	 
      	
                9/17/2002

              	 
      	
                10/17/2002

              	 
      	
                $936.78

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $936.78

              	 
      	
                $0.00

              	 
      
	
                3635

              	 
      	
                ROCK
      SERVICES

              	 
      	
                120977

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $9,609.60

              	 
      	
                $9,609.36

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3635

              	 
      	
                ROCK
      SERVICES

              	 
      	
                120978

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $15,615.60

              	 
      	
                $156,915.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                3675

              	 
      	
                RONCO
      CONSULTING CORP

              	 
      	
                119510

              	 
      	
                1/24/2002

              	 
      	
                2/23/2002

              	 
      	
                $81.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $81.00

              	 
      
	
                3675

              	 
      	
                RONCO
      CONSULTING CORP

              	 
      	
                119511

              	 
      	
                1/24/2002

              	 
      	
                2/23/2002

              	 
      	
                $81.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $81.00

              	 
      
	
                3675

              	 
      	
                RONCO
      CONSULTING CORP

              	 
      	
                119595

              	 
      	
                2/8/2002

              	 
      	
                3/10/2002

              	 
      	
                $1,716.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,716.00

              	 
      
	
                3675

              	 
      	
                RONCO
      CONSULTING CORP

              	 
      	
                119663

              	 
      	
                2/22/2002

              	 
      	
                3/24/2002

              	 
      	
                ($4,974.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($4,974.00)

              	 
      
	
                3675

              	 
      	
                RONCO
      CONSULTING CORP

              	 
      	
                119955

              	 
      	
                4/17/2002

              	 
      	
                5/17/2002

              	 
      	
                $81.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $81.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120716

              	 
      	
                9/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $9,450.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $9,450.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120725

              	 
      	
                9/26/2002

              	 
      	
                11/25/2002

              	 
      	
                $9,452.10

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $9,452.10

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120728

              	 
      	
                9/26/2002

              	 
      	
                11/25/2002

              	 
      	
                $1,690.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,690.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120763

              	 
      	
                10/4/2002

              	 
      	
                12/3/2002

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120938

              	 
      	
                11/11/2002

              	 
      	
                1/10/2003

              	 
      	
                $10,208.00

              	 
      	
                $10,208.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                120940

              	 
      	
                11/11/2002

              	 
      	
                1/10/2003

              	 
      	
                $9,452.10

              	 
      	
                $9,452.10

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                121044

              	 
      	
                11/27/2002

              	 
      	
                1/26/2003

              	 
      	
                $10,440.00

              	 
      	
                $10,440.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3870

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                121045

              	 
      	
                11/27/2002

              	 
      	
                1/26/2003

              	 
      	
                $9,452.10

              	 
      	
                $9,452.10

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                120658

              	 
      	
                9/13/2002

              	 
      	
                10/13/2002

              	 
      	
                $5,914.23

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $5,914.23

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                120757

              	 
      	
                9/30/2002

              	 
      	
                10/30/2002

              	 
      	
                $5,723.90

              	 
      	
                $0.00

              	 
      	
                $5,723.90

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                120781

              	 
      	
                10/9/2002

              	 
      	
                11/8/2002

              	 
      	
                $6,963.25

              	 
      	
                $0.00

              	 
      	
                $6,963.25

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                120850

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $1,453.39

              	 
      	
                $0.00

              	 
      	
                $1,453.39

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                120874

              	 
      	
                10/29/2002

              	 
      	
                1/28/2002

              	 
      	
                $5,464.32

              	 
      	
                $5,464.32

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                121008

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $5,721.21

              	 
      	
                $5,721.21

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3887

              	 
      	
                PETE
      SAMS DBA SAMS EXPLOS

              	 
      	
                121022

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $2,400.84

              	 
      	
                $2,400.84

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3980

              	 
      	
                SOUTHARD
      CONSTRUCTION

              	 
      	
                121019

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $510.00

              	 
      	
                $510.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                3980

              	 
      	
                SOUTHARD
      CONSTRUCTION

              	 
      	
                121021

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $2,220.00

              	 
      	
                $2,220.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4020

              	 
      	
                SOUTHWEST
      ELECTRIC CO-OP

              	 
      	
                120969

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $50.00

              	 
      	
                $50.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4020

              	 
      	
                SOUTHWEST
      ELECTRIC CO-OP

              	 
      	
                120973

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $1,162.00

              	 
      	
                $1,162.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4125

              	 
      	
                DYNO
      NOBEL MIDAMERICA

              	 
      	
                120828

              	 
      	
                10/18/2002

              	 
      	
                12/17/2002

              	 
      	
                $10,395.00

              	 
      	
                $0.00

              	 
      	
                $10,395.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4125

              	 
      	
                DYNO
      NOBEL MIDAMERICA

              	 
      	
                120891

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $10,395.00

              	 
      	
                $10,395.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4125

              	 
      	
                DYNO
      NOBEL MIDAMERICA

              	 
      	
                120941

              	 
      	
                11/11/2002

              	 
      	
                1/10/2003

              	 
      	
                $9,900.00

              	 
      	
                $99,010.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4125

              	 
      	
                DYNO
      NOBEL MIDAMERICA

              	 
      	
                120950

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $9,900.00

              	 
      	
                $9,900.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4125

              	 
      	
                DYNO
      NOBEL MIDAMERICA

              	 
      	
                120959

              	 
      	
                11/14/2002

              	 
      	
                1/13/2003

              	 
      	
                $10,395.00

              	 
      	
                $10,395.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                119662

              	 
      	
                2/22/2002

              	 
      	
                9/20/2002

              	 
      	
                $1,386.62

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,386.62

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                119662

              	 
      	
                7/22/2002

              	 
      	
                9/20/2002

              	 
      	
                ($496.50)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($496.50)

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                119851

              	 
      	
                3/28/2002

              	 
      	
                5/27/2002

              	 
      	
                $24,811.92

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $24,811.92

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                119928

              	 
      	
                4/12/2002

              	 
      	
                6/11/2002

              	 
      	
                $19,673.85

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $19,673.85

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120894

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $2,716.80

              	 
      	
                $2,716.38

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	TPL
      INC,.  	 
      	
                120895

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $2,815.20

              	 
      	
                $2,815.20

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120896

              	 
      	
                10/31/2002

              	 
      	
                12/30/2002

              	 
      	
                $2,872.80

              	 
      	
                $2,872.80

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120952

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                 
      4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120953

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120954

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120955

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $2,520.00

              	 
      	
                $2,520.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120956

              	 
      	
                11/12/2002

              	 
      	
                1/11/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                120964

              	 
      	
                11/15/2002

              	 
      	
                1/14/2003

              	 
      	
                $2,520.00

              	 
      	
                $2,520.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                121028

              	 
      	
                11/26/2002

              	 
      	
                1/25/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                121029

              	 
      	
                11/26/2002

              	 
      	
                1/25/2003

              	 
      	
                $3,519.00

              	 
      	
                $3,519.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4395

              	 
      	
                TPL
      INC,.

              	 
      	
                121046

              	 
      	
                11/27/2002

              	 
      	
                1/26/2003

              	 
      	
                $1,023.50

              	 
      	
                $1,023.50

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4527

              	 
      	
                USDA
      APHIS WS

              	 
      	
                121000

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $508.00

              	 
      	
                $508.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4590

              	 
      	
                W.A.
      Murphy Inc.

              	 
      	
                120845

              	 
      	
                10/22/2002

              	 
      	
                11/21/2002

              	 
      	
                $4,276.00

              	 
      	
                $0.00

              	 
      	
                $4,276.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4590

              	 
      	
                W.A.
      Murphy Inc.

              	 
      	
                120886

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $4,276.00

              	 
      	
                $4,276.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4590

              	 
      	
                W.A.
      Murphy Inc.

              	 
      	
                121023

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $14,305.14

              	 
      	
                $14,305.14

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4694

              	 
      	
                WESCO,
      INC.

              	 
      	
                120862

              	 
      	
                10/25/2002

              	 
      	
                11/24/2002

              	 
      	
                $12,150.00

              	 
      	
                $0.00

              	 
      	
                $12,150.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4694

              	 
      	
                WESCO,
      INC.

              	 
      	
                120945

              	 
      	
                11/12/2002

              	 
      	
                12/12/2002

              	 
      	
                $2,640.00

              	 
      	
                $2,640.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4694

              	 
      	
                WESCO,
      INC.

              	 
      	
                121009

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $3,520.00

              	 
      	
                $3,520.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4694

              	 
      	
                WESCO,
      INC.

              	 
      	
                121013

              	 
      	
                11/26/2002

              	 
      	
                12/26/2002

              	 
      	
                $1,932.24

              	 
      	
                $1,932.34

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                4699

              	 
      	
                WESTERN
      EXPLOSIVES, LTD

              	 
      	
                120877

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $43,683.75

              	 
      	
                $43,683.75

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                $1,266,169.40

              	 
      	
                $992,673.54

              	 
      	
                $184,683.05

              	 
      	
                $27,613.26

              	 
      	
                $61,199.55

              	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

      
        	 
      	 
      	 
      	 
      	 
      	 
      	Table
      1	 
      	
              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Universal
      Tech Corp

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Accounts
      Receivable Aging (Excludes Intercompany)

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                As
      of November 30, 2002

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Cusno

              	 
      	
                Customer
      Name

              	 
      	
                #

              	 
      	
                Date

              	 
      	
                Date

              	 
      	
                Amount

              	 
      	
                Current

              	 
      	
                A30to60

              	 
      	
                A60to90

              	 
      	
                Over
      90

              	 
      
	
                243

              	 
      	
                ATLANTIC
      RESEARACH CORP

              	 
      	
                1312

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $2,585.00

              	 
      	
                $51.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                420

              	 
      	
                BHT
      PRODUCTS

              	 
      	
                1284

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $890.00

              	 
      	
                $890.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1003

              	 
      	
                DYNO
      NOBEL INC.

              	 
      	
                1261

              	 
      	
                11/5/2002

              	 
      	
                12/5/2002

              	 
      	
                $4,085.00

              	 
      	
                $4,085.20

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1007

              	 
      	
                EXPLOSIVOS
      DENORTEAMERICA

              	 
      	
                2041

              	 
      	
                11/21/2000

              	 
      	
                12/21/2000

              	 
      	
                $32,175.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $32,175.00

              	 
      
	
                1007

              	 
      	
                EXPLOSIVOS
      DENORTEAMERICA

              	 
      	
                2041

              	 
      	
                12/7/2000

              	 
      	
                12/21/2000

              	 
      	
                ($32,278.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($32,278.00)

              	 
      
	
                1007

              	 
      	
                EXPLOSIVOS
      DENORTEAMERICA

              	 
      	
                2148

              	 
      	
                5/7/2001

              	 
      	
                6/7/2001

              	 
      	
                $4,741.40

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $4,741.40

              	 
      
	
                1007

              	 
      	
                EXPLOSIVOS
      DENORTEAMERICA

              	 
      	
                2150

              	 
      	
                5/16/2001

              	 
      	
                6/16/2001

              	 
      	
                $38,325.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $38,325.00

              	 
      
	
                1007

              	 
      	
                EXPLOSIVOS
      DENORTEAMERICA

              	 
      	
                2150

              	 
      	
                9/11/2002

              	 
      	
                6/16/2001

              	 
      	
                ($4,000.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                ($4,000.00)

              	 
      
	
                1031

              	 
      	
                AUSTIN
      POWDER COMPANY

              	 
      	
                1346

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $6,083.35

              	 
      	
                $6,083.35

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1456

              	 
      	
                INDUSTRIA
      MILITAR

              	 
      	
                1302

              	 
      	
                11/15/2002

              	 
      	
                12/27/2002

              	 
      	
                $25,774.60

              	 
      	
                $25,774.60

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1456

              	 
      	
                INDUSTRIA
      MILITAR

              	 
      	
                1302

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                ($1,000.00)

              	 
      	
                ($1,000.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1461

              	 
      	
                BAE
      SYSTEMS

              	 
      	
                1243

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $2,700.00

              	 
      	
                $2,700.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1484

              	 
      	
                D
      & G CONSULTING

              	 
      	
                1282

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $540.00

              	 
      	
                $540.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1484

              	 
      	
                D
      & G CONSULTING

              	 
      	
                1283

              	 
      	
                11/11/2002

              	 
      	
                12/11/2002

              	 
      	
                $375.00

              	 
      	
                $375.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1485

              	 
      	
                SPECIALTY
      FERTILIZER

              	 
      	
                2369

              	 
      	
                5/6/2002

              	 
      	
                6/6/2002

              	 
      	
                $3,450.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $3,450.00

              	 
      
	
                1485

              	 
      	
                SPECIALTY
      FERTILIZER

              	 
      	
                1003

              	 
      	
                7/18/2002

              	 
      	
                8/17/2002

              	 
      	
                $1,200.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $1,200.00

              	 
      
	
                1486

              	 
      	
                ORICA

              	 
      	
                1242

              	 
      	
                10/31/2002

              	 
      	
                11/30/2002

              	 
      	
                $2,200.00

              	 
      	
                $2,200.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1487

              	 
      	
                TAKATA
      SEAT BELTS, INC

              	 
      	
                1345

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $600.00

              	 
      	
                $600.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1488

              	 
      	
                EXPLO
      SYSTEMS, INC.

              	 
      	
                1347

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $3,041.65

              	 
      	
                $3,041.65

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1488

              	 
      	
                EXPLO
      SYSTEMS, INC.

              	 
      	
                1348

              	 
      	
                11/27/2002

              	 
      	
                12/27/2002

              	 
      	
                $225.00

              	 
      	
                $225.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                1491

              	 
      	
                BAKER
      ATLAS

              	 
      	
                476787

              	 
      	
                10/30/2002

              	 
      	
                11/29/2002

              	 
      	
                -$462.00

              	 
      	
                ($462.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2230

              	 
      	
                DYNO
      NOBEL INC.

              	 
      	
                1310

              	 
      	
                11/18/2002

              	 
      	
                12/18/2002

              	 
      	
                $400.00

              	 
      	
                $400.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2640

              	 
      	
                LDE
      CORPORATION

              	 
      	
                1208

              	 
      	
                10/16/2002

              	 
      	
                11/15/2002

              	 
      	
                $6,514.06

              	 
      	
                $0.00

              	 
      	
                $6,514.06

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2640

              	 
      	
                LDE
      CORPORATION

              	 
      	
                1208

              	 
      	
                11/4/2002

              	 
      	
                11/15/2002

              	 
      	
                ($6,250.00)

              	 
      	
                $0.00

              	 
      	
                ($6,250.00)

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	
                2640

              	 
      	
                LDE
      CORPORATION

              	 
      	
                1326

              	 
      	
                11/22/2002

              	 
      	
                12/22/2002

              	 
      	
                $340.24

              	 
      	
                $340.24

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      	
                $0.00

              	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
                $92,255.50

              	 
      	
                $48,378.04

              	 
      	
                $264.06

              	 
      	
                $0.00

              	 
      	
                $43,613.40

              	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	Page
      1	 
      	 
      	 
      	
              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    EXHIBIT
2.2(n)

    

    EXCLUDED SELLERS’
CONTRACTS

    

    

    Universal Tech
Corporation

    

    
      	
              1.  

            	
              Equipment
      Lease between United Leasing, Inc. and Universal Tech Corporation
      (“UTeC”), commencing March 16, 2000, and continuing for 60 months,
      regarding G25E Daewoo Forklift.

            

    

    
      	
              2.  

            	
              Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

            

    

    
      	
              3.  

            	
              Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

            

    

    
      	
              4.  

            	
              Service
      Agreement between UTeC and LSB Industries, Inc. (“LSB”) dated December 23,
      1992, terminable (with notice) on December 23, 2004, or upon LSB giving 90
      days notice to terminate at any time, regarding LSB’s performance of
      certain administrative services for
UTeC.

            

    

    
      	
              5.  

            	
              Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated April 22,
      1998, expiring on April 22, 2008, regarding option on 5,000 shares of LSB
      stock.

            

    

    
      	
              6.  

            	
              Non-Qualified
      Stock Option Agreement – 1998 between LSB and Oldrich Machacek, dated
      April 22, 1998, expiring on April 22, 2008 regarding option on 5,000
      shares of LSB stock.

            

    

    
      	
              7.  

            	
              Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated July 8,
      1999, expiring July 8, 2009, regarding option on 5,000 shares of LSB
      stock.

            

    

    
      	
              8.  

            	
              Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated November 29,
      2001, expiring on November 29, 2011, regarding option on 5,000 shares of
      LSB stock.

            

    

    
      	
              9.  

            	
              Consent
      Agreement in The
      Matter of Pollution at Former Gulf Oil Company Jayhawk Plant, Galena,
      Kansas, Case No. 98-E-0109, Kansas Department of Health and
      Environment, last signed June 16, 1999, termination upon KDHE’s notice
      that the terms have been satisfactorily
  completed.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              10.  

            	
              Phase
      IV Agreement, dated June 16, 1999, by and among Inspec USA, Inc., Chevron
      Chemical Company LLC, Chevron USA, Inc., Koch Chemical Company and UTeC,
      regarding UTeC’s R&D Lab, Riverton,
Kansas.

            

    

    
      	
              11.  

            	
              Mortgage,
      Assignment of Rents and Security Agreement executed by UTeC in favor of
      Guggenheim Investment Management, LLC, et al. (“Guggenheim”), dated May
      24, 2002, filed June 6, 2002 at 3:15 PM in Book 290 of Mortgages at Pages
      217-243 in the office of the Register of Deeds, Cherokee County,
      Kansas.

            

    

    
      	
              12.  

            	
              Mortgage,
      Assignment of  Rents and Security Agreement executed by UTeC, in
      favor of Foothill Capital Corporation, et al. (“Foothill”), dated May 24,
      2002, filed June 6, 2002 at 3:25 PM in Book 290 of Mortgages at Pages
      244-272 in the office of the Register of Deeds, Cherokee County,
      Kansas.

            

    

    
      	
              13.  

            	
              Mortgage
      Subordination and Standstill Agreement in favor of Guggenheim, executed by
      Foothill, Guggenheim and UTeC, filed June 6, 2002 at 3:35 PM in Book 92 of
      Miscellaneous at Pages 673-686 in the office of the Register of Deeds,
      Cherokee County, Kansas.

            

    

    
      	
              14.  

            	
              All
      title documents, including those listed in Part 3.6 (which Part is
      incorporated herein by reference) associated with any Real Property owned
      UTeC, as such terms are defined in the
  Agreement.

            

    

    
      	
              15.  

            	
              Lease
      and Operating Agreement (With Right of First Refusal and Option to
      Purchase), dated September 25, 1990, from IRECO Incorporated to UTeC,
      regarding UTeC’s Underwater Lab, Hallowell,
  Kansas.

            

    

    

    Slurry Explosive
Corporation

    

    
      	
              1.  

            	
              Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

            

    

    
      	
              2.  

            	
              Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

            

    

    
      	
              3.  

            	
              O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

            

    

    
      	
              4.  

            	
              Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic renewals
      for like periods unless terminated 60 days before end of any term,
      regarding garment services for employee
  uniforms.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
              5.  

            	
              Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

            

    

    
      	
              6.  

            	
              Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

            

    

    
      	
              7.  

            	
              Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

            

    

    
      	
              8.  

            	
              Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

            

    

    
      	
              9.  

            	
              Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

            

    

    
      	
              10.  

            	
              Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

            

    

    
      	
              11.  

            	
              Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

            

    

    
      	
              12.  

            	
              Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

            

    

    
      	
              13.  

            	
              Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

            

    

    
      	
              14.  

            	
              Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

            

    

    
      	
              15.  

            	
              Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	
              16.  

            	
              Master
      Services Agreement dated March 14, 2002 for SCS Engineers to perform
      Comprehensive Investigation/Corrective Action Study for SEC and its
      counsel, Shook Hardy & Bacon
LLP.

            

    

    
      	
              17.  

            	
              Service
      Agreement, between SEC and LSB, dated January 1, 1992, terminating upon
      notice on January 1, 2004, or upon LSB giving 90 days notice of
      termination at anytime, regarding LSB’s performance of certain
      administrative service for SEC.

            

    

    
      	
              18.  

            	
              Asset
      Sale and Purchase agreement between SEC and ICI Explosives USA, Inc.
      (“ICI”), dated as of November 30, 2000, regarding SEC’s acquisition of
      ICI’s Kinepak Business and Kinepak
Assets.

            

    

    
      	
              19.  

            	
              Consent
      Order entered in The Matter of
      Pollution at Slurry Explosive Corporation, Hallowell, Kansas, Case
      No. 02-E-0049, Kansas Department of Health and Environment (“KDHE”), dated
      April 22, 2002, terminating upon KDHE’s notice that terms have been
      satisfactorily completed.

            

    

    
      	
              20.  

            	
              Confidentiality
      Agreement between SEC and Wimase Limited (“Wimase”), dated June 18, 2002,
      expiring June 18, 2004, regarding SEC’s information provided to Wimase for
      purpose of evaluating the possible acquisition of SEC’s Hallowell, Kansas
      Facility.

            

    

    
      	
              21.  

            	
              Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated April 22, 1998,
      expiring on April 22, 2008, regarding option on 3,000 shares of LSB
      stock.

            

    

    
      	
              22.  

            	
              Non-Qualified
      Stock Option Agreement – 1998 between LSB and Paul Keeling, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 3,000 shares of
      LSB stock.

            

    

    
      	
              23.  

            	
              Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated July 8, 1999,
      expiring on July 8, 2009, regarding option on 10,000 shares of LSB
      stock.

            

    

    
      	
              24.  

            	
              Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated November 29,
      2001, expiring on November 29, 2011, regarding option on 10,000 shares of
      LSB stock.

            

    

    
      	
              25.  

            	
              Incentive
      Stock Option Agreement between LSB and William Manion, dated April 22,
      1998, expiring on April 22, 2008, regarding option on 3,000 shares of LSB
      stock.

            

    

    
      	
              26.  

            	
              Non-Qualified
      Stock Option Agreement - 1998, between LSB and William Manion, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 5,000 shares of
      LSB stock.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	
              27.  

            	
              Incentive
      Stock Option Agreement between LSB and William Manion, dated July 8, 1999,
      expiring on July 8, 2009, regarding option on 15,000 shares of LSB
      stock.

            

    

    
      	
              28.  

            	
              Incentive
      Stock Option Agreement between LSB and William Manion, dated November 29,
      2001, expiring on November 29, 2011, regarding option on 10,000 shares of
      LSB stock.

            

    

    
      	
              29.  

            	
              Lease
      from Prime Financial Corporation to SEC, dated February 15, 1995,
      regarding SEC’s Pryor, Oklahoma
Facility.

            

    

    
      	
              30.  

            	
              Stipulation
      for Compromise Settlement in United States of
      America v. 1.5 Blasting Agents, et al., Civil Case No. 0201096-WEB,
      U.S.D.C., District of Kansas dated October, 2002, consenting to the
      forfeiture of product seized by the
ATF.

            

    

    
      	
              31.  

            	
              Trademark
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain
trademarks.

            

    

    
      	
              32.  

            	
              Patent
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain
patents.

            

    

    
      	
              33.  

            	
              All
      title documents, including those listed in Part 3.6 (which Part is
      incorporated herein by reference) associated with any Real Property owned
      SEC, as such terms are defined in the
Agreement.

            

    

     

    Agreements between SEC &
UTeC

    

    
      	
              1.  

            	
              Asset
      Purchase and Sale Agreement between SEC and UTeC, dated May 14, 2002,
      regarding UTeC’s purchase of SEC’s assets related to Hallowell, Kansas
      Facility.

            

    

    
      	
              2.  

            	
              Services
      Agreement between SEC and UTeC, dated August 23, 2002, expiring August 23,
      2005, upon thirty days notice, regarding SEC providing certain
      administrative and human resource
services.

            

    

    
      	
              3.  

            	
              Supply
      Agreement between SEC and UTeC, dated August 30, 2002, terminating August
      30, 2003, upon thirty day notice, regarding UTeC’s manufacture of certain
      product for SEC.

            

    

    
      	
              4.  

            	
              $5,000.00
      monthly fee paid by SEC to UTeC for Research, Development and Quality
      Control work for SEC’s Kinepak plant business, effective March, 2002, and
      continuing until terminated.

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	
              5.  

            	
              Contribution
      Agreement between UTeC, SEC and other affiliates, dated April 13, 2001,
      addressing contribution relating to the obligations under the Foothill
      Second Amendment.

            

    

    
      	
              6.  

            	
              Industrial
      Lease from UTeC to SEC, dated May 14, 2002, regarding the Hallowell,
      Kansas Facility.

            

    

     

    Both UTeC and SEC are
Parties

    

    
      	
              1.  

            	
              Loan
      and Security Agreement between Foothill and UTeC and SEC, et al., dated
      April 13, 2001, regarding working capital line of credit (the “Foothill
      Loan”).

            

    

    
      	
              2.  

            	
              First
      Amendment to Loan and Security Agreement, dated August 3, 2001, amending
      the Foothill Loan.

            

    

    
      	
              3.  

            	
              Second
      Amendment to Loan and Security Agreement, dated May 24, 2002, amending the
      Foothill Loan.

            

    

    
      	
              4.  

            	
              Lockbox
      Operating Procedural Agreement between Foothill and UTeC and SEC, et al.,
      dated April 13, 2001, regarding operation of lockbox for
      receivables.

            

    

    
      	
              5.  

            	
              Securities
      Purchase Agreement between Guggenheim and UTeC and SEC dated May 24, 2002,
      regarding the purchase by Guggenheim of certain Notes (the “Securities
      Purchase Agreement”).

            

    

    
      	
              6.  

            	
              Guaranty
      by SEC and UTeC, et al. to Guggenheim, dated May 24, 2002, regarding debt
      created by Securities Purchase
Agreement.

            

    

    
      	
              7.  

            	
              Intercreditor
      Agreement between Foothill, Guggenheim, UTeC and SEC, et al., regarding
      priorities of security interests of Guggenheim and
    Foothill.

            

    

    
      	
              8.  

            	
              Indenture
      between ClimaChem, Inc. (“CCI”), Ban One, NA (“BankOne”), UTeC and SEC, et
      al., as Guarantors, dated November 26, 1997, regarding the issuance of
      Senior Notes (the “Indenture”).

            

    

    
      	
              9.  

            	
              Guaranty
      by UTeC and SEC and other affiliates with respect to the
      Indenture.

            

    

    
      	
              10.  

            	
              First
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated February 8, 1999, amending and supplementing the
      Indenture.

            

    

    
      	
              11.  

            	
              Second
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated June 25, 1999, amending and supplementing the
      Indenture.

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    
      	
              12.  

            	
              Third
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated August 10, 2000, amending and supplementing the
      Indenture.

            

    

    
      	
              13.  

            	
              Fourth
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated May 30, 2001, amending and supplementing the
      Indenture.

            

    

    
      	
              14.  

            	
              Fifth
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated May 24, 2002, amending and supplementing the
      Indenture.

            

    

    
      	
              15.  

            	
              All
      rights of UTeC and SEC under those Seller Contracts, as such term is
      defined in the Agreement, as contemplated by and executed in connection
      with the Agreement.

            

    

    
      
         

      

      
        7 

        
          

        

      

      
         

      

    

     

    EXHIBIT
2.2(o)

    

    EXCLUDED PROPERTY AND
ASSETS

    

    

    
      	
              1.  

            	
              All
      Real Property, as such term is defined in the Agreement owned by Universal
      Tech Corporation (“UTeC”) and/or Slurry Explosive Corporation
      (“SEC”).

            

    

    
      	
              2.  

            	
              All
      business records and transactional documents required by the Bureau of
      Alcohol, Tobacco and Firearms to be maintained by UTeC and/or
      SEC.

            

    

    
      	
              3.  

            	
              All
      the equipment, vehicles and/or other property (personal and real) that are
      the subject of the following
agreements:

            

    

     

    a.           Universal Tech
Corporation

    

    
      	
              (1)  

            	
              Equipment
      Lease between United Leasing, Inc. and UTeC, commencing March 16, 2000,
      and continuing for 60 months, regarding G25E Daewoo
    Forklift.

            

    

    
      	
              (2)  

            	
              Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

            

    

    
      	
              (3)  

            	
              Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

            

    

    
      	
              (4)  

            	
              Lease
      and Operating Agreement (With Right of First Refusal and Option to
      Purchase), dated September 25, 1990, from IRECO Incorporated to UTeC,
      regarding UTeC’s Underwater Lab, Hallowell,
  Kansas.

            

    

    

    b.           Slurry Explosive
Corporation

    

    
      	
              (1)  

            	
              Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

            

    

    
      	
              (2)  

            	
              Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

            

    

    
      	
              (3)  

            	
              O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (4)  

            	
              Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic renewals
      for like periods unless terminated 60 days before end of any term,
      regarding garment services for employee
  uniforms.

            

    

    
      	
              (5)  

            	
              Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

            

    

    
      	
              (6)  

            	
              Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

            

    

    
      	
              (7)  

            	
              Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

            

    

    
      	
              (8)  

            	
              Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

            

    

    
      	
              (9)  

            	
              Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

            

    

    
      	
              (10)  

            	
              Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

            

    

    
      	
              (11)  

            	
              Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

            

    

    
      	
              (12)  

            	
              Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

            

    

    
      	
              (13)  

            	
              Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

            

    

    
      	
              (14)  

            	
              Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
              (15)  

            	
              Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

            

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      Exhibit
2.3

    

     

    
      Prepaid Lease Obligations

    

    
       

      See
attached schedule

    

    

    
    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    

    
      	
              AP0125  256

            	 
      	
              Sferguson

            	 
      	
              PCACT13B

            	 
      	Universal
      Tech Corporation	 
      	
               

            	 
      	 
      	 
      	 
      	 
      	 
      
	
              Bank
      Code

            	 
      	
              111
      First American Bank

            	 
      	Disbursements
      Journal	 
      	
               

            	 
      	
              10:30:21

            	 
      	
              11/23/2002

            	 
      	
              Page
      1

            
	
              Payment
      Code

            	
              Checks

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Payment

            	 
      	
              Payment

            	 
      	
              Invoice

            	 
      	
              Invoice

            	 
      	
              Due
      Before

            	 
      	
              Gross

            	 
      	
              Discount

            	 
      	
              Payment

            	 
      	 
      
	
              Number

            	 
      	
              Date

            	 
      	
              Number

            	 
      	
              Date

            	 
      	
              Payment

            	 
      	
              Amount

            	 
      	
              Taken

            	 
      	
              Amount

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              337718

            	 
      	
              GE
      Capital Modular Space

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15593

            	 
      	
              12/1/2002

            	 
      	
              LESE021231

            	 
      	
              12/1/2002

            	 
      	
              417.20

            	 
      	
              417.20

            	 
      	
              0

            	 
      	
              417.20

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15593
      Total

            	 
      	 
      	 
      	
              417.20

            	 
      	
              0

            	 
      	
              417.20

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              356180

            	 
      	
              Wells
      Fargo Financial

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15594

            	 
      	
              12/1/2002

            	 
      	
              3595021231

            	 
      	
              12/1/2002

            	 
      	
              181.12

            	 
      	
              181.12

            	 
      	
              0

            	 
      	
              181.12

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15594
      Total

            	 
      	 
      	 
      	
              181.12

            	 
      	
              0

            	 
      	
              181.12

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              542905

            	 
      	
              Midwest
      Leasing Co.

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15595

            	 
      	
              12/1/2002

            	 
      	
              PURCO21231

            	 
      	
              12/1/2002

            	 
      	
              1000.00

            	 
      	
              1000.00

            	 
      	
              0

            	 
      	
              1000.00

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15595
      Total

            	 
      	 
      	 
      	
              1000.00

            	 
      	
              0

            	 
      	
              1000.00

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              788878

            	 
      	
              Preston
      Forest Assoc LTD

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15596

            	 
      	
              12/01/2002

            	 
      	
              RENT021231

            	 
      	
              12/1/2002

            	 
      	
              758.79

            	 
      	
              758.79

            	 
      	
              0

            	 
      	
              758.79

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15596
      Total

            	 
      	 
      	 
      	
              758.79

            	 
      	
              0

            	 
      	
              758.79

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              838770

            	 
      	
              United
      Leasing Co.

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15597

            	 
      	
              12/1/2002

            	 
      	
              0001021231

            	 
      	
              12/1/2002

            	 
      	
              467.42

            	 
      	
              467.42

            	 
      	
              0

            	 
      	
              467.42

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15597  Total

            	 
      	 
      	 
      	
              467.42

            	 
      	
              0

            	 
      	
              467.42

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              15598

            	 
      	
              0002021231

            	 
      	
              0002021231

            	 
      	
              12/1/2002

            	 
      	
              361.25

            	 
      	
              361.25

            	 
      	
              0

            	 
      	
              361.25

            	 
      	 
      
	 
      	 
      	 
      	 
      	
              Payment

            	 
      	
              15598  Total

            	 
      	 
      	 
      	
              361.25

            	 
      	
              0

            	 
      	
              361.25

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	
              Disbursement
      Totals

            	 
      	 
      	 
      	
              3185.78

            	 
      	
              0

            	 
      	
              3185.78

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    
      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

      
        	
                AP0125  254

              	 
      	
                Sferguson

              	 
      	
                PCACT13B

              	 
      	Slurry
      Exploswive Corp	 
      	
              	 
      	 
      	 
      	 
      	 
      	 
      
	
                Bank
      Code

              	 
      	
                111
      First American Bank

              	 
      	Disbursements
      Journal	 
      	
                 

              	 
      	
                15:05:47

              	 
      	
                11/22/2002

              	 
      	
                Page
      1

              
	
                Payment
      Code

              	
                Checks

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Payment

              	 
      	
                Payment

              	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due
      Before

              	 
      	
                Gross

              	 
      	
                Discount

              	 
      	
                Payment

              	 
      	 
      
	
                Number

              	 
      	
                Date

              	 
      	
                Number

              	 
      	
                Date

              	 
      	
                Payment

              	 
      	
                Amount

              	 
      	
                Taken

              	 
      	
                Amount

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                181788

              	 
      	
                CITICAPITAL

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36854

              	 
      	
                12/1/2002

              	 
      	
                Lese021231

              	 
      	
                12/1/2002

              	 
      	
                5740.00

              	 
      	
                5740.00

              	 
      	
                0

              	 
      	
                5740.00

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36854  Total

              	 
      	 
      	 
      	
                5740.00

              	 
      	
                0

              	 
      	
                5740.00

              	 
      	 
      
	
                36855

              	 
      	
                12/1/2002

              	 
      	
                RENT021231

              	 
      	
                12/1/2002

              	 
      	
                6650.00

              	 
      	
                6650.00

              	 
      	
                0

              	 
      	
                6650.00

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36855   Total

              	 
      	 
      	 
      	
                6650.00

              	 
      	
                0

              	 
      	
                6650.00

              	 
      	 
      
	
                647260

              	 
      	
                PITNEYWORKS

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36856

              	 
      	
                12/1/2002

              	 
      	
                4025021231

              	 
      	
                12/1/2002

              	 
      	
                325.00

              	 
      	
                325.00

              	 
      	
                0

              	 
      	
                325.00

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36856   Total

              	 
      	 
      	 
      	
                325.00

              	 
      	
                0

              	 
      	
                325.00

              	 
      	 
      
	
                36857

              	 
      	
                12/1/2002

              	 
      	
                9625021231

              	 
      	
                12/1/2002

              	 
      	
                50.00

              	 
      	
                50.00

              	 
      	
                0

              	 
      	
                50.00

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                16857   Total

              	 
      	 
      	 
      	
                50.00

              	 
      	
                0

              	 
      	
                50.00

              	 
      	 
      
	
                652950

              	 
      	
                Amerian
      Heart Assoc DBA

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36858

              	 
      	
                12/1/2002

              	 
      	
                LESE021231

              	 
      	
                12/1/2002

              	 
      	
                988.75

              	 
      	
                988.75

              	 
      	
                0

              	 
      	
                988.75

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36858   Total

              	 
      	 
      	 
      	
                988.75

              	 
      	
                0

              	 
      	
                988.75

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                658890

              	 
      	
                Premium
      Financing

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36859

              	 
      	
                12/1/2002

              	 
      	
                5453021231

              	 
      	
                12/1/2002

              	 
      	
                17018.30

              	 
      	
                17018.30

              	 
      	
                0

              	 
      	
                17018.30

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36859   Total

              	 
      	 
      	 
      	
                17018.30

              	 
      	
                0

              	 
      	
                17018.30

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                838770

              	 
      	
                United
      Leasing Co.

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36860

              	 
      	
                12/1/2002

              	 
      	
                D885021231

              	 
      	
                12/1/2002

              	 
      	
                3288.46

              	 
      	
                3288.46

              	 
      	
                0

              	 
      	
                3288.46

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36860   Total

              	 
      	 
      	 
      	
                3288.46

              	 
      	
                0

              	 
      	
                3288.46

              	 
      	 
      
	
                36861

              	 
      	
                12/1/2002

              	 
      	
                0001021231

              	 
      	
                12/1/2002

              	 
      	
                760.76

              	 
      	
                760.76

              	 
      	
                0

              	 
      	
                760.76

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36861   Total

              	 
      	 
      	 
      	
                760.76

              	 
      	
                0

              	 
      	
                760.76

              	 
      	 
      
	
                36862

              	 
      	
                12/1/2002

              	 
      	
                0002021231

              	 
      	
                12/1/2002

              	 
      	
                1118.38

              	 
      	
                1118.38

              	 
      	
                0

              	 
      	
                1118.38

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36862   Total

              	 
      	 
      	 
      	
                1118.38

              	 
      	
                0

              	 
      	
                1118.38

              	 
      	 
      
	
                36863

              	 
      	
                12/1/2002

              	 
      	
                0005021231

              	 
      	
                12/1/2002

              	 
      	
                1212.97

              	 
      	
                1212.97

              	 
      	
                0

              	 
      	
                1212.97

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36863   Total

              	 
      	 
      	 
      	
                1212.97

              	 
      	
                0

              	 
      	
                1212.97

              	 
      	 
      
	
                36864

              	 
      	
                12/1/2002

              	 
      	
                0006021231

              	 
      	
                12/1/2002

              	 
      	
                643.80

              	 
      	
                643.80

              	 
      	
                0

              	 
      	
                643.80

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36864   Total

              	 
      	 
      	 
      	
                643.80

              	 
      	
                0

              	 
      	
                643.80

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                AP0125  254

              	 
      	
                Sferguson

              	 
      	
                PCACT13B

              	 
      	Slurry
      Exploswive Corp	 
      	
                 

              	 
      	 
      	 
      	 
      	 
      	 
      
	
                Bank
      Code

              	 
      	
                111
      First American Bank

              	 
      	Disbursements
      Journal	 
      	
                 

              	 
      	
                15:05:47

              	 
      	
                11/22/2002

              	 
      	
                Page
      2

              
	
                Payment
      Code

              	
                Checks

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                Payment

              	 
      	
                Payment

              	 
      	
                Invoice

              	 
      	
                Invoice

              	 
      	
                Due
      Before

              	 
      	
                Gross

              	 
      	
                Discount

              	 
      	
                Payment

              	 
      	 
      
	
                Number

              	 
      	
                Date

              	 
      	
                Number

              	 
      	
                Date

              	 
      	
                Payment

              	 
      	
                Amount

              	 
      	
                Taken

              	 
      	
                Amount

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36865

              	 
      	
                12/1/2002

              	 
      	
                0007021231

              	 
      	
                12/1/2002

              	 
      	
                643.80

              	 
      	
                643.80

              	 
      	
                0

              	 
      	
                643.80

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36865   Total

              	 
      	 
      	 
      	
                643.80

              	 
      	
                0

              	 
      	
                643.80

              	 
      	 
      
	
                36866

              	 
      	
                12/1/2002

              	 
      	
                0008021231

              	 
      	
                12/1/2002

              	 
      	
                880.97

              	 
      	
                880.97

              	 
      	
                0

              	 
      	
                880.97

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36866   Total

              	 
      	 
      	 
      	
                880.97

              	 
      	
                0

              	 
      	
                880.97

              	 
      	 
      
	
                36867

              	 
      	
                12/1/2002

              	 
      	
                0010021231

              	 
      	
                12/1/2002

              	 
      	
                574.23

              	 
      	
                574.23

              	 
      	
                0

              	 
      	
                574.23

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36867   Total

              	 
      	 
      	 
      	
                574.23

              	 
      	
                0

              	 
      	
                574.23

              	 
      	 
      
	
                845590

              	 
      	
                U.S.
      BANCORP EQUIPMENT

              	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                36868

              	 
      	
                12/1/2002

              	 
      	
                LESE021231

              	 
      	
                12/1/2002

              	 
      	
                8907.08

              	 
      	
                8907.08

              	 
      	
                0

              	 
      	
                8907.08

              	 
      	 
      
	 
      	 
      	 
      	 
      	
                Payment

              	 
      	
                36868   Total

              	 
      	 
      	 
      	
                8907.08

              	 
      	
                0

              	 
      	
                8907.08

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	
                Disbursement   Totals

              	 
      	 
      	 
      	
                48802.50

              	 
      	
                0

              	 
      	
                48802.50

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    EXHIBIT
2.4(a)

    

    Allocation of Responsibility
for Assumed Liabilities Among Buyers

    

    

    UTeC Corporation,
LLC:

    

    
      	
              1.  

            	
              Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 17, 1999, continuing on a quarterly
      by quarterly basis until terminated, regarding water cooler at the Pruf
      Plant, Hallowell, Kansas.

            

    

    
      	
              2.  

            	
              Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 1, 1995, continuing on a quarterly by
      quarterly basis until terminated, regarding water cooler at UTeC’s
      Underwater Lab, Hallowell, Kansas.

            

    

    
      	
              3.  

            	
              Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated September 27, 1985, continuing on a 6
      months by 6 months basis until terminated, regarding water cooler at
      UTeC’s R&D Lab, Riverton,
Kansas.

            

    

    
      	
              4.  

            	
              Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC, dated
      June 28, 1995, renewed through June, 2003, regarding two (2) tieing
      machines at UTeC’s Pruf Plant, Hallowell,
  Kansas.

            

    

    
      	
              5.  

            	
              Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC,
      renewed through January, 2003, regarding a tieing machine at UTeC’s
      Underwater Lab, Hallowell, Kansas.

            

    

    
      	
              6.  

            	
              Month
      to month Q.C. Testing Fee Agreement between UTeC and Ireco (now Dyno
      Nobel, Inc.), dated October 14, 1991, regarding quality control testing by
      UTeC at UTeC’s Underwater Lab, Hallowell,
  Kansas.

            

    

    
      	
              7.  

            	
              Testing
      Fee Agreement between UTeC and Nelson Brothers LLC, dated September 27,
      2002, regarding specifically delineated testing by UTeC at UTeC’s
      Underwater Lab, Hallowell, Kansas.

            

    

    
      	
              8.  

            	
              Quote
      from UTeC to Industria Militar for $453,717.51 (US) in sales of raw
      materials during first half of
2003.

            

    

    
      	
              9.  

            	
              Technology
      and Know-How License Agreement between UTeC and Explosivos de Norteamerica
      S.A. de C.V., dated January 1, 1997, terminating on January 1, 2007,
      regarding use of UTeC technology and know-how to manufacture and sell
      product in Mexico on an exclusive basis so long as a 2,000 metric tons per
      year volume is sustained.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              10.  

            	
              Listing
      of UTeC employees and their repayment obligations who have received
      advances made by UTeC.

            

    

    
      	
              11.  

            	
              Consulting
      Agreement between UTeC and Pieter de Wit, dated January 1, 1996, as orally
      amended and extended to December 31, 2002, regarding the providing of
      consulting services related to demilitarization
  projects.

            

    

    
      	
              12.  

            	
              Confidentiality
      Agreement, last signed October 16,2001, and continuing for five (5) years,
      by and between UTeC and Aliachem a.s., regarding confidential information
      provided for discussion of the possible sale of a business owned by
      Aliachem a.s.

            

    

    
      	
              13.  

            	
              Lease
      from PLP Investment, Inc. (assigned to Preston Forest Associates, Ltd.) to
      UTeC, dated June 5, 1992, on UTeC’s Dallas office space, as amended on
      August 30, 1993, March 21, 1996 and August 1,
  1998.

            

    

    

    SEC Investment Corp.,
LLC:

    

    
      	
              1.  

            	
              License
      and Processing Agreement between SEC and TPL, Inc., dated December 9,
      1999, for continuing one year terms until 12 months notice is given,
      regarding the use of SEC’s Technical Information to produce product solely
      for SEC.

            

    

    
      	
              2.  

            	
              Proprietary
      Information Disclosure Agreement between SEC and TPL, Inc., dated October
      3, 1999, terminating October 3, 2004, regarding each party’s Proprietary
      Information.

            

    

    
      	
              3.  

            	
              Purchase
      Agreement between General Dynamics Ordinance and Tactical Systems and SEC,
      dated March 11, 2002, final payment due October 15, 2002, regarding
      watergel slurry production equipment purchased from Marion,
      Illinois.

            

    

    
      	
              4.  

            	
              Emergency
      Response Telecommunication Service Agreement between Chem-Tel, Inc. and
      SEC dated March 25, 1997, renewed through December 31, 2002, regarding
      24-hour emergency phone answering
services.

            

    

    
      	
              5.  

            	
              Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated May 2, 1997,
      and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0049, 1995
Kenworth.

            

    

    
      	
              6.  

            	
              Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated September 18,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0055, 1999
Peterbilt.

            

    

    
      	
              7.  

            	
              Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated June 25,
      1999, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0058, 2000
Peterbilt.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
              8.  

            	
              Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 23,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0053, 1999
Peterbilt.

            

    

    
      	
              9.  

            	
              Contract
      Service Agreement between Explo-Transport Co. and SEC, dated September 14,
      2000, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0059, 2001
Peterbilt.

            

    

    
      	
              10.  

            	
              Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 13,
      2001, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0060, 2000
Peterbilt.

            

    

    
      	
              11.  

            	
              Rental
      Agreement between Pitney Bowes, Inc. and SEC, dated April 4, 1989, expired
      April 4, 1989, but now paid quarterly, in advance, regarding postage meter
      for SEC’s Oklahoma City, Oklahoma
office.

            

    

    
      	
              12.  

            	
              Construction
      Agreement between SEC and Mid Central Contract Services, Inc., dated
      August 7, 2002, regarding construction efforts at Hallowell, Kansas
      Facility for $208,721.00, which has been paid in
  full.

            

    

    
      	
              13.  

            	
              Service
      Agreement between SEC and U.S. Cellular dated September 23, 2002, expiring
      September 23, 2003, for cell phone services at Pryor, Oklahoma
      Facility.

            

    

    
      	
              14.  

            	
              Pricing
      Agreement between SEC and Heartland Cement through January 31, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

            

    

    
      	
              15.  

            	
              Pricing
      Agreement between SEC and Lone Star Industries through January 1, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

            

    

    
      	
              16.  

            	
              Wireless
      Services Agreement between SEC and AT&T Wireless, expiring April, May
      (two phones) and December, 2003, regarding four cell phone services at
      Hallowell, Kansas Facility.

            

    

    
      	
              17.  

            	
              Marketing
      and Supply Agreement between SEC and Austin Powder Company dated October
      5, 1994, terminated as to exclusivity only effective October 5, 1997, but
      otherwise terminable upon sixty days notice prior to the October 5
      automatic annual renewal, regarding Austin Powder Company’s marketing and
      distributing efforts of watergel products for forest fire fighting and
      timber boundary demarcation
applications.

            

    

    
      	
              18.  

            	
              Non-exclusive
      License Agreement between SEC and Total Energy Systems Limited (“TES”),
      dated October 1, 1996, as amended and assigned in that Assignment and
      Amendment of the Slurry Explosive Corporation License Agreement between
      SEC, TES and Quantum Explosives Pty. Ltd., dated August 2, 1999,
      continuing through end of use or breach, regarding use of SEC’s patent
      

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              rights
      or technical information to manufacture and sell specific products in
      plants in Australia, New Zealand, New Guinea, Fiji, Myanmar and Soloman
      Islands.

            

    

     

    
      	
              19.  

            	
              Letter
      reflecting SEC’s November 6, 2000, offer of employment to Bob Le Blanc,
      commencing January 1, 2001, including commissions, with expectations of a
      one to two year employment period.

            

    

    
      	
              20.  

            	
              Listing
      of SEC employees and their repayment obligations who have received
      advances made by SEC.

            

    

    
      	
              21.  

            	
              SEC
      Employees signature pages exhibiting their agreement to the Assignment of
      Invention, Confidentiality and Non-Compete provisions of the SEC Employee
      Handbook.

            

    

    
      	
              22.  

            	
              Confidentiality
      Agreement between SEC and KESCO, Inc. (“KESCO”), dated September 19, 1994,
      with no expiration date, regarding information received from KESCO for
      purposes of evaluating the possible acquisition of KESCO by
      SEC.

            

    

    
      	
              23.  

            	
              Confidentiality
      Agreement between SEC and Union Espanola de Explosivos, S.A. (“UEE”),
      dated May 10, 2002, expiring May 10, 2007, regarding SEC’s information
      provided to UEE for purposes of evaluating the possible acquisition of
      SEC’s Hallowell, Kansas Facility.

            

    

    
      	
              24.  

            	
              Lease
      Agreement between SEC and Conseco Finance Vendor Services Corporation,
      dated December 22, 2000, continuing for 24 months, with $1.00 purchase
      option, regarding computers at SEC’s Oklahoma City, Oklahoma
      office.

            

    

    
      	
              25.  

            	
              Office
      Lease Agreement from Nations Bank N.A. (assigned to American Heart
      Association) to SEC, dated September 15, 1997, regarding SEC’s Portland
      Plaza, Oklahoma City, Oklahoma administrative office
  space.

            

    

    

    Energetic Systems Inc.,
LLC:

    

    
      	
              1.  

            	
              Employment
      Agreement between UTeC and Oldrich Machacek dated June 5, 1990,
      terminating upon 60 days notice.

            

    

    
      	
              2.  

            	
              1993
      Severance Agreement between LSB Industries, Inc. (“LSB”) and Bill Manion,
      dated March 26, 1993, expiring March 26, 2003, with automatic three year
      renewals unless terminated with 60 days
notice.

            

    

    
      	
              3.  

            	
              1993
      Severance Agreement between LSB and Paul Keeling, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    DetaCorp Inc.,
LLC:

    

    
      	
              1.  

            	
              Postage
      Meter Rental Agreement between UTeC and Pitney Bowes, dated September 23,
      2002, continuing for one year, regard UTeC’s assumption of SEC’s
      obligations for a postage meter at the Hallowell, Kansas
      Facility.

            

    

    
      	
              2.  

            	
              Confidential
      Rail Transportation Contract between SEC and Union Pacific Railroad
      Company ,dated effective January 1, 2002, expiring July 31, 2002 but
      informally continuing, regarding line-haul
  transportation.

            

    

    
      	
              3.  

            	
              Equipment
      Lease between Midwest Leasing Co. and SEC, dated May 6, 2002, and
      continuing for 12 months (at which time SEC becomes owner), regarding 1986
      Tempe Reefer Cooling Unit for Kinepak Plant located at Hallowell, Kansas
      Facility.

            

    

    
      	
              4.  

            	
              Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 9, 2002, regarding security patrol at Hallowell,
      Kansas Facility.

            

    

    
      	
              5.  

            	
              Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 22, 2002, regarding telephone for security patrol at
      Hallowell, Kansas Facility.

            

    

    
      	
              6.  

            	
              Cleaning
      Service Contract between SEC and Safety-Kleen Systems, Inc., dated May 2,
      2002, expires May 2, 2003, regarding cleaning/services provided to SEC at
      Hallowell, Kansas Facility.

            

    

    
      	
              7.  

            	
              Lease
      Agreement between Farmer’s Co-op Association and SEC, dated November 28,
      2001, regarding property adjacent to railroad at or near Hallowell,
      Kansas.

            

    

    
      	
              8.  

            	
              SEC’s
      rights under Industry Track Lease Agreement between South Kansas and
      Oklahoma Railroad and El Dorado Chemical Company, dated as of August 1,
      1998, regarding railroad track at or near Hallowell,
    Kansas.

            

    

     

    
      
        
           

        

        
          5 

          
            

          

        

        
           

        

      

    

    

      EXHIBIT
2.7(a)(i)

      Bill
of Sale

      

       

      This Bill
of Sale ("Bill of
Sale") is made and entered into on December 6, 2002, by and among
Universal Tech Corporation, an Oklahoma corporation ("Seller"),
and ___________, a Nevada limited liability company ("Buyer").

       

      WHEREAS,
Buyer and Seller are parties to that certain Asset Purchase Agreement dated
December 6, 2002 (the "Purchase
Agreement"); and

       

      WHEREAS,
pursuant to the Purchase Agreement, Seller has agreed to sell, assign, transfer
and convey certain Assets to Buyer, as set forth herein.

       

      NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt,
adequacy and legal sufficiency of which are hereby acknowledged, the parties do
hereby agree as follows:

      

      
        	
                1.  

              	
                Capitalized Terms.
      Capitalized terms used but not defined herein shall have the
      meanings for such terms that are set forth in the Purchase
      Agreement.

              

      

      

      
        	
                2.  

              	
                Sale and Transfer of Assets
      and Contract Rights. Effective as of 12:01 a.m. C.S.T. on December
      1, 2002 (the "Effective
      Time"), Seller hereby sells, transfers, assigns, conveys, grants
      and delivers to Buyer, all of Seller's right, title and interest in and to
      all of the assets (the "Assets")
      and contract rights ("Rights")
      described on Schedule A hereto (collectively, the Assets and the Rights
      being referred to as the "Transferred
      Items"). The Transferred Items do not include Excluded Assets.
      Further, Buyer acknowledges that, except as provided in the Purchase
      Agreement, Seller makes no representations or warranties as to the
      Transferred Items and, subject to any express representation or warranty
      made by any third-party that is being transferred in connection with the
      transactions contemplated by the Purchase Agreement, all of the
      Transferred Items are being conveyed on an “as is-where is”
      basis.

              

      

      

      
        	
                3.  

              	
                Further Actions. Seller
      covenants and agrees to warrant and defend the title to  the
      Transferred Items hereby made against all lawful claims of any person
      whomsoever, to take all steps reasonably necessary to establish the record
      of Buyer's title to the Transferred Items and, at the request of Buyer, to
      execute and deliver further instruments of transfer and assignment and
      take such other action as Buyer may reasonably request to more effectively
      transfer and assign to and vest in Buyer each of the Transferred Items,
      all at the sole cost and expense of
Seller.

              

      

      

      
        	
                4.  

              	
                Power of Attorney.
      Without limiting Section 2 hereof, Seller hereby constitutes and
      appoints Buyer the true and lawful agent and attorney in fact of Seller,
      with full power of substitution, in whole or in part, in the name and
      stead of Seller but on behalf and for the benefit of Buyer and its
      successors and assigns, from time to
time:

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      
        	
                (a)  

              	
                to
      demand, receive and collect any and all of the Transferred Items and to
      give receipts and releases for and with respect to the same, or any part
      thereof, and

              

      

      

      
        	
                (b)  

              	
                to
      do all things legally permissible, required or reasonably deemed by Buyer
      to be required to recover and collect the Transferred
    Items,

              

      

       

      Seller
hereby declaring that the foregoing powers are coupled with an interest and are
and shall be irrevocable by Seller.

       

      
        	
                5.  

              	
                Terms of the Purchase
      Agreement. The terms of the Purchase Agreement are incorporated
      herein by this reference. Seller acknowledges and agrees that the terms
      contained in the Purchase Agreement shall not be superseded hereby but
      shall remain in full force and effect to the full extent provided therein.
      In the event of any conflict or inconsistency between the terms of the
      Purchase Agreement and the terms hereof, the terms of the Purchase
      Agreement shall govern.

              

      

       

      IN
WITNESS WHEREOF, Seller has executed this Bill of Sale as of December 6,
2002.

      

      SELLER:

      Universal
Tech Corporation

       

      _____________________

      By:
__________________

      Title:_________________

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      SCHEDULE
A

      TO

      BILL
OF SALE

      Description of Assets and
Contract Rights

      

       
 

      [Insert
specific language for each Buyer]

      
        
           

        

        
          3 

          
            

          

        

        
           

        

      

      EXHIBIT
2.7(a)(ii)

      Assignment
and Assumption Agreement

      

       

      This
Assignment and Assumption Agreement ("Assignment and
Assumption Agreement") is made and entered into on December __, 2002, by
and among Universal Tech Corporation, an Oklahoma corporation ("Assignor"),
and ___________, a Nevada limited liability company ("Assignee").

       

      WHEREAS,
Assignor and Assignee are parties to that certain Asset Purchase Agreement
dated  December __, 2002 (the "Purchase
Agreement"); and

       

      WHEREAS,
pursuant to the Purchase Agreement, Assignor has agreed to assign certain rights
and agreements to Assignee, and Assignee has agreed to assume certain
obligations of Assignor, as set forth herein.

       

      NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt,
adequacy and legal sufficiency of which are hereby acknowledged, the parties do
hereby agree as follows:

       

      
        	
                1.  

              	
                Capitalized Terms.
      Capitalized terms used but not defined herein shall have the
      meanings for such terms that are set forth in the Purchase
      Agreement.

              

      

       

      
        	
                2.  

              	
                Assignment and Assumption.
      Effective as of 12:01 a.m. C.S.T.
      on              December
      1, 2002 (the "Effective
      Time"), Assignor hereby assigns, sells, transfers and sets over
      (collectively, the "Assignment")
      to Assignee all of Assignor's right, title, benefit, privileges and
      interest in and to, and all of Assignor's burdens, obligations and
      liabilities in connection with, each of the Assumed Liabilities described
      on Schedule A hereto. Assignee hereby accepts the Assignment and assumes
      and agrees to observe and perform all of the duties, obligations, terms,
      provisions and covenants, and to pay and discharge all of the liabilities
      of Assignor to be observed, performed, paid or discharged from and after
      the Closing, in connection with such Assumed Liabilities. Assignee assumes
      no Retained Liabilities, and the parties hereto agree that all such
      Retained Liabilities shall remain the sole responsibility of
      Assignor.

              

      

       

      
        	
                3.  

              	
                Further Actions. Each
      of the parties hereto covenants and agrees, at its own expense, to execute
      and deliver, at the request of the other party hereto, such further
      instruments of transfer and assignment and to take such other action as
      such other party may reasonably request to more effectively consummate the
      assignments and assumptions contemplated by this Assignment and Assumption
      Agreement.

              

      

       

      
        	
                4.  

              	
                Terms of the Purchase
      Agreement. The terms of the Purchase Agreement and Disclosure
      Letter incorporated therein are incorporated herein by this reference.
      Assignor acknowledges and agrees that the terms contained in the Purchase
      Agreement shall not be superseded hereby but shall remain in full force
      and effect to the full extent provided therein. In the event of any
      conflict or inconsistency between the terms of the Purchase Agreement and
      the terms hereof, the terms of the Purchase Agreement shall
      govern.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      IN
WITNESS WHEREOF, the parties have executed this Assignment and Assumption
Agreement on the date first above written.

      
 

       

      ASSIGNOR:                                                                      
ASSIGNEE:

      Universal Tech
Corporation                                            _____________________

      

      

      _____________________                                             _____________________

      By:
__________________                                             By:
__________________

      Title:_________________                                             Title:_________________

       

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      SCHEDULE
A

      TO

      ASSIGNMENT
AND ASSUMPTION AGREEMENT

      Description of Assumed
Liabilities

      

       
 

      [Insert
specific language for each Buyer]

      
        
           

        

        
          3 

          
            

          

        

        
           

        

      

    

    

      EXHIBIT
2.7(a)(iv)(B)

      

      Assignment
of Servicemarks and Trademarks

      

      

      ASSIGNMENT OF SERVICEMARKS AND
TRADEMARKS made and entered into on the 6th day
of December 2002, by _____________, an Oklahoma corporation ("Assignor"),
to __________, a Nevada limited liability company ("Assignee").

      

      RECITAL

      

      Assignee
and Assignor are parties to an Asset Purchase Agreement dated December 6, 2002
(the "Agreement"),
pursuant to which Assignor has agreed to sell to Assignee and Assignee has
agreed to buy from Assignor the Assets (as defined in the Agreement), including
without limitation the servicemarks, trademarks and trade names of Assignor.
Pursuant to the Agreement, Assignor has agreed to execute such instruments as
the Assignee may reasonably request in order to more effectively assign,
transfer, grant, convey, assure and confirm to Assignee and its successors and
assigns, or to aid and assist in the collection of or reducing to possession by
the Assignee of, all of such assets.

      

      In
accordance therewith, Assignor desires to transfer and assign to Assignee, and
Assignee desires to accept the transfer and assignment of, all of Assignor's
worldwide right, title and interest in, to and under Assignor's registered and
unregistered domestic and foreign servicemarks, trademarks, trademark
applications and trade names, including without limitation the servicemarks,
trademarks, serviceman and trademark applications and trade names listed on
Schedule A annexed hereto and incorporated herein by reference (all of the
foregoing being referred to herein as the "Marks").

      

      NOW,
THEREFORE, effective as of 12:01 a.m. C.S.T. on December 1, 2002 Assignor, for
and in exchange for the payment of the purchase price set forth in the
Agreement, the receipt of which is hereby acknowledged, does hereby transfer and
assign to Assignee, and Assignee hereby accepts the transfer and assignment of,
all of Assignor's worldwide right, title and interest in, to and under the
Marks, together with the goodwill of the business associated therewith and which
is symbolized thereby, all rights to sue for infringement of any Mark, whether
arising prior to or subsequent to the date of this Assignment of Servicemarks
and Trademarks, and any and all renewals and extensions thereof that may
hereafter be secured under the laws now or hereafter in effect in the United
States, Canada and in any other jurisdiction, the same to be held and enjoyed by
the said Assignee, its successors and assigns from and after the date hereof as
fully and entirely as the same would have been held and enjoyed by the said
Assignor had this Assignment of Servicemarks and Trademarks not been
made.

       

      Except to the
extent that federal law preempts state law with respect to the matters covered
hereby, this Assignment of Servicemarks and Trademarks shall be governed by

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      and
construed in accordance with the laws of the State of Oklahoma without giving
effect to the principles of conflicts of laws thereof.

      

      IN
WITNESS WHEREOF, Assignor has caused its duly authorized officer to execute this
Assignment of Servicemarks and Trademarks on the date first above
written.

      

      ______________________

      

      By:
__________________________

             _________________________

      

      

      [SEAL]

      

      State of
Oklahoma       )

                                             )
ss.:

      County of
Oklahoma  )

      

      On this
6th day
of December, 2002, before me, _____________, personally appeared _____________,
____________ of _____________, personally known to me (or proved to me on the
basis of satisfactory evidence) to be the person whose name is subscribed to the
within instrument and acknowledged to me that he executed the same in his
authorized capacity and that by his signature on the instrument the person, or
the entity upon behalf of which the person acted, executed the
instrument.

      

      Witness
my hand and official seal.

       
 

      ___________________________

      Notary
Public

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

       

      SCHEDULE
A

       

      Registered
Servicemarks and Trademarks

      

      Servicemark or
Trademark                                           U.S. or Canadian
Registration
No.                                                                Registration
Date

      

      

      

      Unregistered
Servicemarks and Trademarks

      

      

      

      Registered
Servicemark or Trademark Applications

       

      

      Servicemark or
Trademark                                           U.S. or Canadian
Registration
No.                                                                Registration
Date

      

      

      

      Trade
Names

       

      
        
           

        

        
          3 

          
            

          

        

        
           

        

      

      EXHIBIT
2.7(a)(iv)(A)

      
        

        Assignment
of Patents

        

        

        ASSIGNMENT OF PATENTS made and
entered into on the ___ day of December, 2002, by ____________, an Oklahoma
corporation, (“Assignor”),
to __________, a Nevada limited liability company (“Assignee”).

        

        RECITAL

        

        Assignee
and Assignor are parties to an Asset Purchase Agreement dated December__, 2002
(the "Agreement"),
pursuant to which Assignor has agreed to sell to Assignee and Assignee has
agreed to buy from Assignor the Assets (as defined in the Agreement), including
without limitation the patents of Assignor. Pursuant to the Agreement, Assignor
has agreed to execute such instruments as the Assignee may reasonably request in
order more effectively to assign, transfer, grant, convey, assure and confirm to
Assignee and its successors and assigns, or to aid and assist in the collection
of or reducing to possession by the Assignee of, all of such
assets.

        

        In
accordance therewith, Assignor desires to transfer and assign to Assignee, and
Assignee desires to accept the transfer and assignment of, all of Assignor's
worldwide right, title and interest in, to and under Assignor's registered and
unregistered domestic and foreign patents and patent applications, including
without limitation, the patents and patent applications listed on Schedule A
annexed hereto and incorporated herein by reference (all of the foregoing being
referred to herein as the "Patents").

        

        NOW,
THEREFORE, effective as of 12:01 a.m. C.S.T. on December 1, 2002, Assignor, for
and in exchange for the payment of the purchase price set forth in the
Agreement, the receipt of which is hereby acknowledged, does hereby transfer and
assign to Assignee, and Assignee hereby accepts the transfer and assignment of,
all of Assignor's worldwide right, title and interest in, to and under the
Patents, together with the goodwill of the business associated therewith and
which is symbolized thereby, all rights to sue for infringement of any Patent,
whether arising prior to or subsequent to the date of this Assignment of
Patents, and any and an renewals and extensions thereof that may hereafter be
secured under the laws now or hereafter in effect in the United States, Canada
and in any other jurisdiction, the same to be held and enjoyed by the said
Assignee, its successors and assigns from and after the date hereof as fully and
entirely as the same would have been held and enjoyed by the said Assignor had
this Assignment of Patents not been made.

        

        Except to
the extent that federal law preempts state law with respect to the matters
covered hereby, this Assignment of Patents shall be governed by and construed in
accordance with the laws of the State of Oklahoma without giving effect to the
principles of conflicts of laws thereof.

        
          
             

          

          
             

            
              

            

          

          
             

          

        

      

      

      ASSIGNMENT OF SERVICEMARKS AND
TRADEMARKS made and entered into on the 6th day
of December 2002, by _____________, an Oklahoma corporation ("Assignor"),
to __________, a Nevada limited liability company ("Assignee").

      

      RECITAL

      

      Assignee
and Assignor are parties to an Asset Purchase Agreement dated December 6, 2002
(the "Agreement"),
pursuant to which Assignor has agreed to sell to Assignee and Assignee has
agreed to buy from Assignor the Assets (as defined in the Agreement), including
without limitation the servicemarks, trademarks and trade names of Assignor.
Pursuant to the Agreement, Assignor has agreed to execute such instruments as
the Assignee may reasonably request in order to more effectively assign,
transfer, grant, convey, assure and confirm to Assignee and its successors and
assigns, or to aid and assist in the collection of or reducing to possession by
the Assignee of, all of such assets.

      

      In
accordance therewith, Assignor desires to transfer and assign to Assignee, and
Assignee desires to accept the transfer and assignment of, all of Assignor's
worldwide right, title and interest in, to and under Assignor's registered and
unregistered domestic and foreign servicemarks, trademarks, trademark
applications and trade names, including without limitation the servicemarks,
trademarks, serviceman and trademark applications and trade names listed on
Schedule A annexed hereto and incorporated herein by reference (all of the
foregoing being referred to herein as the "Marks").

      

      NOW,
THEREFORE, effective as of 12:01 a.m. C.S.T. on December 1, 2002 Assignor, for
and in exchange for the payment of the purchase price set forth in the
Agreement, the receipt of which is hereby acknowledged, does hereby transfer and
assign to Assignee, and Assignee hereby accepts the transfer and assignment of,
all of Assignor's worldwide right, title and interest in, to and under the
Marks, together with the goodwill of the business associated therewith and which
is symbolized thereby, all rights to sue for infringement of any Mark, whether
arising prior to or subsequent to the date of this Assignment of Servicemarks
and Trademarks, and any and all renewals and extensions thereof that may
hereafter be secured under the laws now or hereafter in effect in the United
States, Canada and in any other jurisdiction, the same to be held and enjoyed by
the said Assignee, its successors and assigns from and after the date hereof as
fully and entirely as the same would have been held and enjoyed by the said
Assignor had this Assignment of Servicemarks and Trademarks not been
made.

      

      Except to
the extent that federal law preempts state law with respect to the matters
covered hereby, this Assignment of Servicemarks and Trademarks shall be governed
by 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      and
construed in accordance with the laws of the State of Oklahoma without giving
effect to the principles of conflicts of laws thereof.

      

      IN
WITNESS WHEREOF, Assignor has caused its duly authorized officer to execute this
Assignment of Servicemarks and Trademarks on the date first above
written.

      

      ______________________

      

      By:
__________________________

             _____________,____________

      

      

      [SEAL]

      

      State of
Oklahoma       )

                                            
 ) ss.:

      County of
Oklahoma   )

      

      On this
6th day
of December, 2002, before me, _____________, personally appeared _____________,
____________ of _____________, personally known to me (or proved to me on the
basis of satisfactory evidence) to be the person whose name is subscribed to the
within instrument and acknowledged to me that he executed the same in his
authorized capacity and that by his signature on the instrument the person, or
the entity upon behalf of which the person acted, executed the
instrument.

      

      Witness
my hand and official seal.

       
 

      ___________________________

      Notary
Public

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      SCHEDULE
A

      

      Registered
Servicemarks and Trademarks

      

      Servicemark or
Trademark                                           U.S. or Canadian
Registration
No.                                                                Registration
Date

      

      

      

      

      Unregistered
Servicemarks and Trademarks

      

      

      

      

      Registered
Servicemark or Trademark Applications

      

      Servicemark or
Trademark                                           U.S. or Canadian
Registration
No.                                                                Registration
Date

      

      

      

      Trade
Names

       

      
        
           

        

        
          3 

          
            

          

        

        
           

        

      

    

    

      EXHIBIT
2.7(a)(vi)

      

      Noncompetition
Agreement

      

      

      This Noncompetition Agreement (“Agreement”)
is made as of December 1, 2002, by and among Energetic Systems Inc., LLC, a
Nevada limited liability company (“ESI”),
UTeC Corporation, LLC, a Nevada limited liability company (“UTEC”),
SEC Investment Corp. LLC, a Nevada limited liability company (“SIC”),
DetaCorp Inc., LLC, a Nevada limited liability company (“DetaCorp”)
and Energetic Properties, LLC, a Nevada limited liability company (“EP,” and
collectively with UTEC and SIC, “Buyers,”
and collectively with ESI, the “Buyers
Group”), Slurry Explosive Corporation, an Oklahoma corporation (“SEC”),
Universal Tech Corporation, an Oklahoma corporation (“Universal,”
and collectively with SEC, “Sellers”),
El Dorado Chemical Company, an Oklahoma corporation (“EDC”), LSB
Chemical Corp., an Oklahoma corporation (“LSBCC,”
and together with EDC, the “Shareholders”),
Prime Financial Corporation, an Oklahoma corporation (“PFC”) and
LSB Industries, Inc., a Delaware corporation (“LSB,” and
collectively with the Sellers, the Shareholders and PFC, the “Sellers
Group”).

      

      RECITALS

      

      
        	
                A.  

              	
                SEC
      is a wholly-owned subsidiary of EDC, Universal is a wholly-owned
      subsidiary of LSBCC, and EDC, LSBCC and PFC are wholly-owned subsidiaries
      of LSB.

              

      

      
        	
                B.  

              	
                 Concurrently
      with the execution and delivery of this Agreement, Buyers are purchasing
      from Sellers the Assets pursuant to the terms and conditions of an asset
      purchase agreement made as of December 6, 2002 (the "Asset
      Purchase Agreement"). Section 2.7(a)(vi) of the Asset Purchase
      Agreement requires that a noncompetition agreement be executed and
      delivered by each member of the Seller Group at the
    Closing.

              

      

      

      AGREEMENT

      

      The
parties, intending to be legally bound, agree as follows:

      

      1.           DEFINITIONS

      

      Capitalized
terms not expressly defined in this Agreement shall have the meanings ascribed
to them in the Asset Purchase Agreement.

      

      2.           ACKNOWLEDGMENTS
BY SELLER AND SHAREHOLDERS

      

      Each
Shareholder, PFC and LSB acknowledge that they have occupied a position of trust
and confidence with each Seller prior to the date hereof and have had access to
the following, any and all of which constitute confidential information of
Sellers 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (collectively
the "Confidential
Information"): (a) any and all trade secrets concerning the business and
affairs of Sellers, product specifications, data, know-how, formulae,
compositions, processes, designs, sketches, photographs, graphs, drawings,
samples, inventions and ideas, past, current and planned research and
development, current and planned manufacturing and distribution methods and
processes, customer lists, current and anticipated customer requirements, price
lists, market studies, business plans, computer software and programs (including
object code and source code), database technologies, systems, processes,
improvements, devices, know-how, discoveries, concepts, methods and information
of Seller and any other information, however documented, of Seller that is a
trade secret under applicable law; (b) any and all information concerning the
business and affairs of Sellers (which includes historical financial statements,
financial projections and budgets, historical and projected sales, capital
spending budgets and plans, the names and backgrounds of key personnel,
contractors, agents, suppliers and potential suppliers, personnel training and
techniques and materials, purchasing methods and techniques), however documented
excluding information constituting Excluded Assets; and (c) any and all notes,
analysis, compilations, studies, summaries and other material prepared by or for
Sellers containing or based, in whole or in part, upon any information included
in the foregoing.

      

      Each
member of the Seller Group acknowledges that (a) Buyer has required that each
member of the Seller Group make the covenants set forth in Sections 3 and 4 of
this Agreement as a condition to Buyer's purchase of the Assets; (b) the
provisions of Sections 3 and 4 of this Agreement are reasonable and necessary to
protect and preserve Buyers’ interests in and right to the use and operation of
the Assets from and after Closing; and (c) Buyers would be irreparably damaged
if any member of the Seller Group were to breach the covenants set forth in
Sections 3 and 4 of this Agreement.

      

      3.           CONFIDENTIAL
INFORMATION

      

      Each
member of the Seller Group acknowledges and agrees that the protection of the
Confidential Information is necessary to protect and preserve the value of the
Assets. Therefore, each member of the Seller Group hereby agrees not to disclose
to any unauthorized Persons or use for its own account or for the benefit of any
third party any Confidential information, whether or not such information is
embodied in writing or other physical form, without Buyers’ written consent,
unless and to the extent that the Confidential Information (a) is or becomes
generally known to and available for use by the public other than as a result of
a breach of the confidentiality obligations of any member of the Seller Group
under this Agreement or any other Person bound by a duty of confidentiality to
Buyers or any member of the Seller Group, (b) is disclosed to any member of the
Seller Group by a third party legally entitled to do so, (c) is required to be
disclosed pursuant to applicable law or the order or process of a court or
administrative or regulatory agency, or (d) is required to be disclosed in
connection with the defense of any legal action, regulatory inquiry or
investigation, provided that with respect to sub clauses (c) and (d) of this
sentence, Buyers shall be notified of such requirement prior to disclosure and
the applicable member of the Seller Group shall disclose only so much of such
Confidential Information as counsel to the Seller Group shall advise is required
and, 

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      at the
election of Buyers, cooperate with Buyers in obtaining a protective order. Each
member of the Seller Group agrees to deliver to Buyer at the time of execution
of this Agreement, and at any other time Buyer may request, all documents,
memoranda, notes, plans, records, reports and other documentation, models,
components, devices or computer software, whether embodied in a disk or in other
form (and all copies of all of the foregoing with the exception that members of
the Seller Group may retain copies of financial information of Sellers), that
contain Confidential Information and any other Confidential Information that
each member of the Seller Group may then possess or have under their
control.

      

      4.           NONCOMPETITION

      

      As an
inducement for Buyers to enter into the Asset Purchase Agreement and as
additional consideration for the consideration to be paid to Sellers under the
Asset Purchase Agreement, each member of the Seller Group agrees
that:

      

      
        	
                (a)  

              	
                For
      a period of three years after the Closing no Seller nor any of their
      related or affiliated companies (including the other members of the Seller
      Group) will, without the prior written consent of Buyers, either directly
      or indirectly, engage or invest in any non-public company, own, manage,
      operate, finance or control in any manner (including, without limitation,
      as a shareholder, owner, partner, member, manager, independent contractor,
      consultant, or advisor) any business, organization, partnership, joint
      venture or enterprise which competes with the Business in any geographic
      area in which Sellers conducted the Business and/or sold their products in
      the three years prior to Closing. As used herein, the term “Business”
      means (i) the manufacturing, storage or distribution of packaged
      explosives products and related accessory products in the geographical
      area in which Sellers sold or distributed such products in the three years
      prior to Closing, (ii) the provision of blasting and explosive related
      services in the geographical area in which Sellers provided such services
      in the three years prior to Closing, and (iii) the sale and
      re-distribution of Low Density Ammonium Nitrate from Seller’s Hallowell,
      Kansas, and Pryor, Oklahoma sites. This Section 4(a) will not apply to
      third-party entities with whom any LSB-affiliated entity may merge, or to
      any third-party entities that may purchase any LSB-affiliated entity,
      provided that such merger partner or purchaser shall have been in the
      Business prior to such transaction. Each member of the Seller Group agrees
      that this covenant is reasonable with respect to its duration,
      geographical area and scope.

              

      

       

      
        	
                (b)  

              	
                In
      the event of a breach by any member of the Seller Group of any covenant
      set forth in Subsection 4(a) of this Agreement, the term of such covenant
      will be extended by the period of the duration of such
    breach.

              

      

      

      5.           REMEDIES

      

      If any
member of the Seller Group breaches the covenants set forth in Sections 3 or 4
of this Agreement, Buyers will be entitled to the following
remedies:

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      
 

      
        	
                (a)  

              	
                Damages
      from any member of the Seller
Group.

              

      

       

      
        	
                (b)  

              	
                In
      addition to its right to damages and any other rights it may have, to
      obtain injunctive or other equitable relief to restrain any breach or
      threatened breach or otherwise to specifically enforce the provisions of
      Sections 3 and 4 of this Agreement, it being agreed that money damages
      alone would be inadequate to compensate Buyers and would be an inadequate
      remedy for such breach.

              

      

      

      The
rights and remedies of the parties to this Agreement are cumulative and not
alternative.

       

      6.           SUCCESSORS
AND ASSIGNS

      

      This
Agreement will be binding upon the Buyer Group and the Seller Group and will
inure to the benefit of the Buyer Group and their respective affiliates,
successors and assigns.

      

      7.           WAIVER

      

      The
rights and remedies of the parties to this Agreement are cumulative and not
alternative. Neither the failure nor any delay by any party in exercising any
right, power or privilege under this Agreement will operate as a waiver of such
right, power or privilege, and no single or partial exercise of any such right,
power or privilege will preclude any other or further exercise of such right,
power or privilege or the exercise of any other right, power or privilege. To
the maximum extent permitted by applicable law, (a) no claim or right arising
out of this Agreement can be discharged, in whole or in part, by a waiver or
renunciation of the claim or right except in writing; (b) no waiver that may be
given by a party will be applicable except in the specific instance for which it
is given; and (c) no notice to or demand on one party will be deemed to be a
waiver of any obligation of such party, or of the right of the party giving such
notice or demand to require the other party, to take further action without
notice or demand as provided in this Agreement.

      

      8.           GOVERNING
LAW

      

      This
Agreement will be governed by the laws applied by courts of the State of Texas
to contracts entered into within that state by parties residing within that
state and having no connection to any other state.

      

      9.           JURISDICTION;
SERVICE OF PROCESS

      

      Any
action or proceeding seeking to enforce any provision of, or based upon any
right arising out of, this Agreement may be brought against any of the parties
in the courts of the State of Texas, County of Dallas or, if it has or can
acquire jurisdiction, in the United States District Court for the Northern
District of Texas and each of the parties 

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      consents
to the jurisdiction of such courts (and of the appropriate appellate courts) in
any such action or proceeding and waives any objection to venue laid therein.
Process in any action or proceeding referred to in the preceding sentence may be
served on any party anywhere in the world.

      

      10.           SEVERABILITY

      

      Whenever
possible, each provision and term of this Agreement win be interpreted in a
manner to be effective and valid, but if any provision or term of this Agreement
is held to be prohibited or invalid, then such provision or term will be
ineffective only to the extent of such prohibition or invalidity, without
invalidating or affecting in any manner whatsoever the remainder of such
provision or term or the remaining provisions or terms of this Agreement. If any
of the covenants set forth in Section 4 of this Agreement are held to be
unreasonable, arbitrary or against public policy, such covenants will be
considered divisible with respect to scope, time and geographic area, and in
such lesser scope, time and geographic area, win be effective, binding and
enforceable against each member of the Seller Group to the greatest extent
permissible.

      

      11.           COUNTERPARTS

      

      This
Agreement may be executed in one or more counterparts, each of which will be
deemed to be an original copy of this Agreement and au of which, when taken
together, will be deemed to constitute one and the same agreement.

      

      12.           SECTION
HEADINGS, CONSTRUCTION

      

      The
headings of sections in this Agreement are provided for convenience only and
will not affect its construction or interpretation. All references to "Section"
or "Sections" refer to the corresponding Section or Sections of this Agreement
unless otherwise specified. All words used in this Agreement will be construed
to be of such gender or number as the circumstances require. Unless otherwise
expressly provided, the word "Including" does not limit the preceding words or
terms.

      

      13.           NOTICES

      

      All
notices, consents, waivers and other communications under this Agreement must be
in writing and will be deemed to have been duly given when (a) delivered by hand
(with written confirmation of receipt); (b) sent by facsimile (with written
confirmation of receipt), provided that a copy is also promptly mailed by
registered mail, return receipt requested; or (c) when received by the
addressee, if sent by a nationally recognized overnight delivery service
(receipt requested), in each case to the appropriate addresses and facsimile
numbers set forth below (or to such other addresses and facsimile numbers as a
party may designate by notice to the other parties):

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      Sellers,
Shareholders, PFC and LSB:

      LSB
Industries, Inc.

      Attention:
David Shear

      Address:
16 S. Pennsylvania, Oklahoma City, Oklahoma 73106

      Fax no.:
(405) 235-5067

      E-mail
address: dshear@lsb-okc.com

       

      Buyers
and ESI:

      Energetic
Systems, Inc.

      Address:
5700 N. Portland, Suite 310, Oklahoma City, Oklahoma 73112

      Attention:
David Taylor

      Fax no.:
(405) 947-0768

      E-mail
address: davidtaylor.wimase@shaw.ca

       

      with a
mandatory copy to:

      Jackson
Walker L.L.P.

      Attention: Lawrence A.
Waks

      Address:
100 Congress Avenue, Suite 1100, Austin, Texas 78701

      Fax no.:
(512) 236-2002

      E-mail
address: lwaks@jw.com

       

      14.           ENTIRE
AGREEMENT

      

      This
Agreement and the Asset Purchase Agreement constitute the entire agreement
between the parties with respect to the subject matter of this Agreement and
supersede all prior written and oral agreements and understandings between the
parties with respect to the subject matter of this Agreement. This Agreement may
not be amended except by a written agreement executed by the party to be charged
with the amendment.

      

      [Remainder
of Page Intentionally Left Blank]

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

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

      

      Buyers:                                                                Sellers:

      Energetic
Systems
Inc.                                                                Slurry
Explosive Corporation

      

      

      By:__________________________                                        By:
_______________________________

            David
Taylor,
Manager                                                                   Tony
M. Shelby, Vice President

      

      UTeC
Corporation
LLC                                                                Universal
Tech Corporation

      

      

      By:__________________________                                         By:
_______________________________

            David
Taylor,
Manager                                                                    Tony
M. Shelby, Vice President

      

      SEC Investment Corp.
LLC                                                           Shareholders:

      El
Dorado Chemical Company

      

      

      By:__________________________                                        By:
_______________________________

            David
Taylor,
Manager                                                                   Tony
M. Shelby, Vice President

      

       

      DetaCorp
Inc.,
LLC                                                                        LSB
Chemical Corp.

       

      

      

      By:__________________________                                         By:
_______________________________

            David
Taylor,
Manager                                                                    Tony
M. Shelby, Vice President

       

      PFC:

      Energetic
Properties,
LLC                                                           Prime
Financial Corporation

      

      

      By:_____________________________                                   By:_____________________________

            David
Taylor,
Manager                                                                     Tony
M. Shelby, Vice President

       

      LSB:

      LSB
Industries, Inc.

      By:_____________________________

       
Tony M. Shelby, Vice President

      
        
           

        

        
          7 

          
            

          

        

        
           

        

      

      EXHIBIT2.7(a)(vii)

      

      ESCROW
AGREEMENT

      

      This
Escrow Agreement (“Agreement”),
is dated December 6, 2002, among SEC Investment Corp. LLC, a Nevada limited
liability company ("Buyer"),
Universal Tech Corporation, an Oklahoma corporation ("Seller"),
and Jackson Walker L.L.P., a Texas limited liability partnership, as escrow
agent ("Escrow
Agent").

      

      This is
the Escrow Agreement referred to in the Asset Purchase Agreement dated December
6, 2002 (the "Purchase
Agreement"), among Buyer and Seller and certain other parties
thereto.

      

      The
parties, intending to be legally bound, hereby agree as follows:

      

      1.           ESTABLISHMENT
OF ESCROW

      

      
        	
                (a)  

              	
                Buyer
      is depositing with Escrow Agent an amount equal to Two Hundred Fifty
      Thousand Seven Hundred Twenty-Two Dollars ($250,722) in immediately
      available funds (as reduced by any disbursements withdrawn under Section
      4(h), the "Escrowed
      Funds"). Escrow Agent acknowledges receipt
  thereof.

              

      

      
        	
                (b)  

              	
                Escrow
      Agent hereby agrees to act as escrow agent and to hold, safeguard and
      disburse the Escrowed Funds pursuant to the terms and conditions
      hereof.

              

      

      
        	
                (c)  

              	
                The
      parties hereby agree that the Escrowed Funds shall be held by the Escrow
      Agent in an account or accounts from time to time in accordance with the
      terms and subject to the conditions of this
  Agreement.

              

      

      

      2.           PURPOSE;
INVESTMENT

      

      The
Escrowed Funds shall provide funds for the adjustment of the Purchase Price as
set forth in Section 2.9 of the Purchase Agreement. Except as Buyer and Seller
may from time to time jointly instruct Escrow Agent in writing, the Escrow Fund
shall be invested from time to time, in a Escrow Agent’s trust account until
disbursement of the entire Escrow Fund. Interest, if any, earned on the Escrowed
Funds, shall be for the account of Seller

      

      3.           TERMINATION
OF ESCROW

      

      Escrow
Agent shall pay and distribute the then amount of the Escrowed Funds as directed
by (i) a joint written disbursement instruction(s) of Buyer and Seller, which is
intended by Buyer and Seller to occur no later than March 4, 2003; or (ii) a
final, nonappealable order of a court of competent jurisdiction. This Agreement
will terminate upon such final distribution.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      4.           DUTIES
OF ESCROW AGENT

      

      
        	
                (a)  

              	
                Escrow
      Agent shall not be under any duty to give the Escrowed Funds held by it
      hereunder any greater degree of care than it gives its own similar
      property and shall not be required to invest any funds held
      hereunder.

              

      

      
        	
                (b)  

              	
                Escrow
      Agent shall not be liable for actions or omissions hereunder, except for
      its own gross negligence or willful misconduct and, except with respect to
      claims based upon such gross negligence or willful misconduct that are
      successfully asserted against Escrow Agent, the other parties hereto shall
      jointly and severally indemnify and hold harmless Escrow Agent (and any
      successor Escrow Agent) from and against any and all losses, liabilities,
      claims, actions, damages and expenses, including reasonable attorneys'
      fees and disbursements, arising out of and in connection with this
      Agreement.

              

      

      
        	
                (c)  

              	
                Escrow
      Agent shall be entitled to rely upon any order, judgment, certification,
      demand, notice, instrument or other writing delivered to it hereunder
      without being required to determine the authenticity or the correctness of
      any fact stated therein or the propriety or validity of the service
      thereof. Escrow Agent may act in reliance upon any instrument or signature
      believed by it to be genuine and may assume that the person purporting to
      give receipt or advice or make any statement or execute any document in
      connection with the provisions hereof has been duly authorized to do so.
      Escrow Agent may conclusively presume that the undersigned representative
      of any party hereto which is an entity other than a natural person has
      full power and authority to instruct Escrow Agent on behalf of that party
      unless written notice to the contrary is delivered to Escrow
      Agent.

              

      

      
        	
                (d)  

              	
                Escrow
      Agent may act pursuant to the advice of counsel with respect to any matter
      relating to this Agreement and shall not be liable for any action taken or
      omitted by it in good faith in accordance with such
  advice.

              

      

      
        	
                (e)  

              	
                Escrow
      Agent does not have any interest in the Escrowed Funds deposited hereunder
      but is serving as escrow holder only and has only possession thereof. Any
      payments of income from the Escrowed Funds shall be subject to withholding
      regulations then in force with respect to United States taxes. This
      Section 4(e) and Section 4(b) shall survive notwithstanding any
      termination of this Agreement or the resignation of Escrow
      Agent.

              

      

      
        	
                (f)  

              	
                Escrow
      Agent (and any successor Escrow Agent) may at any time resign as such by
      delivering the Escrowed Funds to any successor Escrow Agent jointly
      designated by the other parties hereto in writing, or to any court of
      competent jurisdiction, whereupon Escrow Agent shall be discharged of and
      from any and all further obligations arising in connection with this
      Agreement. The resignation of Escrow Agent will take effect on the earlier
      of (i) the 

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                 

              	
                appointment  of a
      successor (including a court of competent jurisdiction) or (ii) the day
      which is thirty (30) days after the date of delivery of its written notice
      of resignation to the other parties hereto. If, at that time, Escrow Agent
      has not received a designation of a successor Escrow Agent, Escrow Agent's
      sole responsibility after that time shall be to retain and safeguard the
      Escrowed Funds until receipt of a designation of successor Escrow Agent or
      a joint written disposition instruction by the other parties hereto or a
      final, nonappealable order of a court of competent
  jurisdiction.

              

      

      
        	
                (g)  

              	
                In
      the event of any disagreement between the other parties hereto resulting
      in adverse claims or demands being made in connection with the Escrowed
      Funds or in the event that Escrow Agent is in doubt as to what action it
      should take hereunder, Escrow Agent shall be entitled to retain the
      Escrowed Funds until Escrow Agent shall have received (i) a final,
      nonappealable order of a court of competent jurisdiction directing
      delivery of the Escrowed Funds or (ii) a written agreement executed by the
      other parties hereto directing delivery of the Escrowed Funds, in which
      event Escrow Agent shall disburse the Escrowed Funds in accordance with
      such order or agreement. Any court order shall be accompanied by a legal
      opinion by counsel for the presenting party satisfactory to Escrow Agent
      to the effect that the order is final and nonappealable. Escrow Agent
      shall act on such court order and legal opinion without further
      question.

              

      

      
        	
                (h)  

              	
                Buyer
      and Seller shall pay Escrow Agent compensation (as payment in full) for
      the services to be rendered by Escrow Agent hereunder in the amount of
      Five Hundred dollars ($500) at the time of execution of this Agreement and
      agree to reimburse Escrow Agent for all reasonable expenses, disbursements
      and advances incurred or made by Escrow Agent in performance of its duties
      hereunder (including reasonable fees, expenses and disbursements of its
      counsel). Any such compensation and reimbursement to which Escrow Agent is
      entitled shall be borne fifty percent (50%) by Seller and fifty percent
      (50%) by Buyer. Any fees or expenses of Escrow Agent or its counsel that
      are not paid as provided for herein may be taken from the Escrowed Funds
      held by Escrow Agent hereunder.

              

      

      

      5.           LIMITED
RESPONSIBILITY

      

      This
Agreement expressly sets forth all the duties of Escrow Agent with respect to
any and all matters pertinent hereto. No implied duties or obligations shall be
read into this Agreement against Escrow Agent. Escrow Agent shall not be bound
by the provisions of any agreement among the other parties hereto except this
Agreement.

      

      6.           OWNERSHIP
FOR TAX PURPOSES

      

      Seller
agrees that, for purposes of federal and other taxes based on income, Seller
will be treated as the owner of the Escrowed Funds and that Seller will report
all income, 

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      if any,
that is earned on, or derived from, the Escrowed Funds as its income in the
taxable year or years in which such income is properly includible and pay any
taxes attributable thereto.

      

      7.           NOTICES

      

      All
notices, Consents, waivers and other communications required or permitted under
this Agreement shall be in writing and shall be deemed given to a party when (a)
delivered to the appropriate address by hand or by a nationally recognized
overnight courier service (costs prepaid); (b) sent by facsimile or e-mail (with
confirmation by the transmitting equipment); or (c) received by the addressee,
if sent by certified mail, return receipt requested, in each case to the
following addresses and facsimile numbers and marked to the attention of the
person (by name or title) designated below (or to such other address, facsimile
number or person as a party may designate by notice to the other
parties):

       

      Seller:

      LSB
Industries, Inc.

      Attention:
David Shear

      Address:
16 S. Pennsylvania, Oklahoma City, Oklahoma 73106

      Fax no.:
(405) 235-5067

      E-mail
address: dshear@lsb-okc.com

       

      Buyer:

      Energetic
Systems, Inc.

      Address:
5700 N. Portland, Suite 310, Oklahoma City, Oklahoma 73112

      Attention:
David Taylor

      Fax no.:
(405) 947-0768

      E-mail
address: davidtaylor.wimase@shaw.ca

       

      with a
mandatory copy to:

      Jackson
Walker L.L.P.

      Attention:
Lawrence A. Waks

      Address:
100 Congress Avenue, Suite 1100, Austin, Texas 78701

      Fax no.:
(512) 236-2002

      E-mail
address: lwaks@jw.com

       

      Escrow
Agent:

      Jackson
Walker L.L.P.

      Address:
100 Congress Avenue, Suite 1100, Austin, Texas 78701

      Attention:
Lawrence A. Waks, Esq.

      Fax no.:
(512) 236-2002

      E-mail
address: lwaks@jw.com

      

      8.           JURISDICTION;
SERVICE OF PROCESS

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Any
Proceeding arising out of or relating to this Agreement may be brought in the
courts of the State of Texas, County of Dallas, or, if it has or can acquire
jurisdiction, in the United States District Court for the Northern District of
Texas, and each of the parties irrevocably submits to the exclusive jurisdiction
of each such court in any such Proceeding and waives any objection it may now or
hereafter have to venue or to convenience of forum, agrees that all claims in
respect of the Proceeding shall be heard and determined only in any such court
and agrees not to bring any Proceeding arising out of or relating to this
Agreement in any other court. Process in any Proceeding referred to in the
preceding sentence may be served on any party anywhere in the
world.

      

      9.           EXECUTION
OF AGREEMENT

      

      This
Agreement may be executed in one or more counterparts, each of which will be
deemed to be an original copy of this Agreement and all of which, when taken
together, will be deemed to constitute one and the same agreement. The exchange
of copies of this Agreement and of signature pages by facsimile transmission
shall constitute effective execution and delivery of this Agreement as to the
parties and may be used in lieu of the original Agreement for all purposes.
Signatures of the parties transmitted by facsimile shall be deemed to be their
original signatures for any purposes whatsoever.

      

      10.           WAIVER

      

      The
rights and remedies of the parties to this Agreement are cumulative and not
alternative. Neither the failure nor any delay by any party in exercising any
right, power or privilege under this Agreement or the documents referred to in
this Agreement will operate as a waiver of such right, power or privilege, and
no single or partial exercise of any such right, power or privilege will
preclude any other or further exercise of such right, power or privilege or the
exercise of any other right, power or privilege. To the maximum extent permitted
by applicable law, (a) no claim or right arising out of this Agreement or the
documents referred to in this Agreement can be discharged by one party, in whole
or in part, by a waiver or renunciation of the claim or right unless in writing
signed by the other party; (b) no waiver that may be given by a party will be
applicable except in the specific instance for which it is given; and (c) no
notice to or demand on one party will be deemed to be a waiver of any obligation
of such party or of the right of the party giving such notice or demand to take
further action without notice or demand as provided in this Agreement or the
documents referred to in this Agreement.

      

      11.           ENTIRE
AGREEMENT AND MODIFICATION

      

      This
Agreement supersedes all prior agreements among the parties with respect to its
subject matter and constitutes (along with the documents referred to in this
Agreement) a complete and exclusive statement of the terms of the agreement
between the parties with respect to its subject matter. This Agreement may not
be amended except by a written agreement executed by Buyer, Seller and Escrow
Agent.

      

      
        
          
          

        

        
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      12.           GOVERNING
LAW

      

      This
Agreement shall be governed by the laws of the State of Texas without regard to
conflicts of law principles that would require the application of any other
Law.

      

      IN
WITNESS WHEREOF, the parties have executed and delivered this Agreement on the
date first written above.

      

      Seller:                                                                     Buyer:

      Universal
Tech
Corporation                                               SEC
Investment Corp. LLC

      

      

      By:
___________________________                           By:
_________________________

             Tony
M. Shelby, Vice
President                                          David
Taylor, Manager

      

      Escrow
Agent:

      Jackson
Walker L.L.P.

      

      

      By:
___________________________

             David
Rex, Partner

      

      
        
           

        

        
          6 

          
            

          

        

        
           

        

      

      EXHIBIT
2.7(a)(xi)

      

      TRANSITIONAL
SERVICES AGREEMENT

       

      This
Transitional Services Agreement (“Agreement”)
is made and entered into this 6th day
of December, 2002 but effective as of 12:01 a.m. C.S.T. on December 1, 2002
(“Effective
Date”) by and between LSB Industries, Inc. (“LSB”) and
Energetic Systems Inc., LLC, UTeC Corporation, LLC, DetaCorp Inc., LLC,
Energetic Properties, LLC, Slurry Explosive Manufacturing Corporation, LLC and
SEC Investment Corp. LLC, (collectively “ESI”).

       

      WHEREAS,
ESI is purchasing certain assets and operations of two subsidiaries of LSB,
Slurry Explosive Corporation (“SEC”) and
Universal Tech Corporation (“UTeC,” and
collectively with SEC, the “ESI
Operations”), pursuant to that certain Asset Purchase Agreement of even
date hereof (the “Purchase
Agreement”);

       

      WHEREAS,
ESI does not have the capability to economically and efficiently provide and
handle certain services necessary to operate the ESI Operations;

       

      WHEREAS,
LSB is willing to provide certain services to, for and on behalf of ESI relating
to ESI and the ESI Operations, conditioned upon and subject to the terms and
conditions as hereinafter set forth; and

       

      WHEREAS,
the execution and delivery of this Agreement by the parties hereto is a
condition precedent of the Purchase Agreement.

       

      NOW,
THEREFORE, in consideration of the mutual promises and agreements herein
contained, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as
follows:

       

      1. Service
Retention.  ESI hereby retains LSB to perform those services
for and on behalf of ESI and the ESI Operations, that are described below,
subject to the terms and conditions as hereinafter provided.  LSB may
perform any of these services at any LSB or affiliate location in Oklahoma City,
Oklahoma, or at the location of ESI at 5700 N. Portland, Oklahoma City,
Oklahoma.  If Services are performed at such ESI office, ESI will
provide adequate facilities and equipment to LSB to permit LSB to conveniently
perform the Services hereunder.

       

      2. Acceptance.  LSB
agrees to use reasonable commercial efforts to provide those services for ESI
and the ESI Operations that are described below, subject to the terms and
conditions of this Agreement.

       

      3. Services.

       

      A. Subject
to the terms and provisions of this Agreement, LSB agrees to provide to ESI the
following services for and relating to ESI and the ESI Operations.

       

      1. Financial & Accounting
Services.  LSB shall:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (a) maintain
and keep the financial books and records pertaining to ESI and the ESI
Operations and perform and/or supervise the accounting functions in connection
therewith.

       

      (b) provide
monthly financial statements, other reports and analysis as may be
necessary.

       

      (c) assist
ESI’s auditors, to audit the books and records of ESI from time to time, with
the cost and expense of such independent auditors to be paid solely by, and be
the sole responsibility of, ESI.

       

      2. Order
Entry.  LSB or any affiliate of LSB will continue to maintain
for ESI an order entry system substantially similar to the order entry system
provided for UTeC and SEC prior to the Effective Time.  In particular,
orders issued to ESI will be entered by LSB for the ESI Operations as received
by ESI for ESI customers.  Certain reports and data output pertaining
to orders received by ESI from ESI’s customers shall be forwarded by LSB to ESI
as reasonably requested by ESI.  ESI shall provide LSB, at ESI’s cost,
order documents for use in the order entry of ESI’s transactions.

       

      3. Billings.  As
LSB has been providing for SEC and UTeC prior to the Effective Time, invoices to
be issued by ESI will be generated by LSB’s data processing group for all sales
by ESI from the ESI Operations to ESI’s customers.  All reports and
data output (including a copy of each invoice for the account of ESI) generated
in conjunction with the billing for ESI shall be available to ESI at LSB’s
offices in Oklahoma City, Oklahoma and at the request of ESI, LSB will send
copies to such place as ESI may request in writing.  ESI shall provide
LSB with invoices and other necessary documents, in form usable by LSB’s data
processing and computer groups, for use in billing of ESI’s transactions, with
the cost thereof to be borne by ESI.

       

      4. Credit
Services.  LSB will provide credit services for ESI, as
follows:  LSB’s credit department will (i) assist ESI in the
collection of ESI's receivables, (ii) receive ESI receivables and apply cash
from the ESI receivables to the account of ESI, and (iii) make recommendations
to ESI with respect to approval or denial of request for
credit.  Inability to collect any receivable, for any reason, shall be
the sole and exclusive responsibility of ESI and LSB shall not have any
liability in connection therewith.

       

      5. Payable
Services.  LSB shall keep and maintain certain of the books and
records for ESI in connection with ESI’s payables and shall, upon receipt from
ESI of an invoice from an ESI vendor, duly approved by certain officials, have
checks prepared in connection with payment of such invoices.  ESI
shall designate and appoint with its bank certain individuals who shall have
authority to sign, for and on behalf of ESI, ESI checks in payment of such
approved invoices. The payment of all ESI’s payables and invoices shall be the
sole and exclusive responsibility of ESI and LSB shall not have any
responsibility or liability in connection therewith.

       

      6. Assistance in Hiring
Personnel and Payroll Preparation.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      A. LSB will,
from time to time, at the request of ESI, assist ESI in hiring such accounting
and financial personnel as requested by ESI and make recommendations in
connection therewith.  Salaries and compensation of such personnel ,
and any other matter that may arise out of the hiring process and any employment
of ESI employees, will be the sole and exclusive responsibility of
ESI.

       

      B. LSB may,
with the consent or notice of ESI, retain such other parties or entities that
are affiliated with or affiliates of LSB to carry out and perform and/or assist
LSB in carrying out and performing the services LSB has agreed to perform
hereunder for ESI.  LSB may retain such other parties or entities that
are not affiliated with or affiliates of LSB to carry out and perform the
services that LSB has agreed to perform hereunder upon LSB having given ESI ten
(10) days written notice prior to retaining such other parties or entities that
are not affiliated with or affiliates of LSB to perform and carry out any of
such services and ESI does not object to LSB retaining such other party or
entity within the ten (10) days notice period.

       

      C. Notwithstanding
anything herein to the contrary, ESI shall assume all responsibility, risks and
losses associated with the services provided hereunder by LSB and such other
parties and entities LSB retains to perform such services and the
recommendations made by LSB to hereunder; and neither LSB nor any of its
directors, officers, employees, agents or affiliates shall have any liability or
responsibility, in any manner whatsoever in connection therewith other than for
willful misconduct.

       

      D. All books
and records of ESI shall be and remain the sole and exclusive property of
ESI.

       

      E. From the
Effective Time through and including December 31, 2002, LSB or any affiliate of
LSB will employ, or continue to employ, the personnel of SEC and UTeC that are
identified by ESI prior to the Effective Date. During such
period,  LSB will continue to pay such employees and to provide them
with the employee benefits that they are receiving as of the Effective Date. ESI
will reimburse LSB for all such expenses incurred by LSB in association with
such employment for such period, including without limitation payroll, vacation
pay, insurance costs and deductibles or similar, health care claims, workers
compensation claims and taxes.

       

      4. Supplies.  ESI
authorizes LSB to purchase, for and on behalf of ESI such files, forms and other
office supplies as LSB deems necessary to process and store ESI records, and the
cost and expenses of such files, forms and office supplies to be borne by ESI,
after discussion with ESI.

       

      5. Payment of
Service.  In consideration of the services to be provided
hereunder, ESI shall pay to LSB $15,000 for the month of December 2002 and
$10,000 per month for every month thereafter until this Agreement is terminated
in accordance with Section 6.A.

       

      6. Term and
Termination.

       

      A. The term
of this Agreement shall commence as of the Effective Time and shall terminate on
completion of the March 2003 accounting cycle, unless extended by mutual
consent, provided that the services under Section 3.A.6.E (employment of
personnel) above shall terminate at midnight, December 31, 2002.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      B. Upon
termination of this Agreement, LSB will make available and deliver to ESI, at
LSB’s offices in Oklahoma City, Oklahoma, all books and records of ESI in LSB’s
possession as of the date of termination.

       

      7. Releases and
Indemnification.

       

      A. ESI
hereby relieves and releases LSB, its officers, directors, employees, agents,
and affiliates from any and all liability or damages, cost or expense incurred
by ESI, however caused, arising out of any of the (i) services provided by LSB
or any other entity or person for and on behalf of ESI under this Agreement,
other than for willful misconduct by LSB, or (ii) recommendations made by LSB in
connection with this Agreement; or (iii) the failure or delay by LSB or any
other person or entity to perform any of the services or any of the LSB’s
obligations hereunder.

       

      B. ESI
further agrees to indemnify and hold LSB, its officers, directors, employees,
agents and affiliates harmless from and against any and all losses, claims
obligations, liabilities, penalties, causes of action, damages, costs and
expenses (including without limitation, costs of defense, settlement and
reasonable attorney’s fees and expenses) which any or all of them may hereafter
be alleged to be liable for, suffer, incur, be responsible for or pay out,
arising out of or resulting from any such services performed or to be performed
hereunder or relating to this Agreement.

       

      8. Assistance.  ESI
agrees to assist LSB in performing its services hereunder in any manner which
LSB deems necessary and further agrees to furnish LSB in a timely manner with
any documentation which LSB deems necessary to aid in performing its services to
ESI hereunder.

       

      9. Assignment.  This
Agreement may not be assigned by either party without the prior written consent
of the other party.

       

      10. Entire
Agreement.  This Agreement contains and expresses the entire
agreement of the parties and no other representations or conditions may be
relied upon except as set out herein.

       

      11. Modification.  This
Agreement may only be modified by the agreement of the parties hereto, in
writing, and executed by both of the parties hereto.

       

      12. Government
Law.  This Agreement shall be governed by and interpreted in
accordance with the laws of the State of Oklahoma.

       

      13. Partial Invalidity and
Captions.  If any clause or provision of this Agreement is
illegal, invalid, or unenforceable, then in such event, it is the intention of
the parties hereto the remainder of this Agreement shall not be affected thereby
and its is also the intention of the parties to this Agreement that in lieu of
each clause or provision of this Agreement that is illegal or invalid or
unenforceable, there be added as a part of this Agreement a clause or provision
as similar in the terms to such illegal, invalid or unenforceable clause or
provision as may be possible and be legal and valid and
enforceable.  The captions of each paragraph hereof are entered as a
matter of convenience only and shall not be considered to be of any effect in
the construction of the provision or provisions of this Agreement.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      14. Notice.  All
notices in this Agreement provided to be given by either party hereto to the
other shall be deemed to have been given, when made in writing and deposited in
the United States mail, certified and postage prepaid, addressed as
follows:

       

      TO:      LSB
Industries,
Inc.                                                     TO:   Energetic Systems Inc.,
LLC

          P.O. Box
754                                                                             5700 North Portland
Avenue, Suite 310

          Oklahoma
City, OK
73101                                                      Oklahoma City, OK
73101

       

      COPY:        Office
of the General
Counsel                                     COPY:   Lawrence W. Waks,
Esq.

      LSB
Industries,
Inc.                                                                 
  Jackson Walker
L.L.P.

      P.O. Box
754                                                                              
  100 Congress
Avenue, Suite 1100

      Oklahoma
City, Oklahoma
73101                                           
  Austin, Texas
78701

       

      The
address to which any notice, demand or other writing may be given, made, or sent
to either party may be changed by written notice given by such party as above
provided.

       

      15. Waiver.  No
waiver by either party with respect to any breach or default or of any right or
remedy and no course of dealing, shall be deemed to constitute a continuing
waiver or any other breach or default or of any other right or remedy, unless
such waiver is expressed in writing signed by the party to be
bound.  Furthermore, the failure of a party to exercise any right
shall not be deemed a waiver of such future right or rights.

       

      

      REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK

      
        
           

        

        
          5 

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the parties to the foregoing Agreement have hereunto set their
hands the day and year first above written.

      

      
        	
                Energetic
      Systems Inc., LLC

              	 
      	
                Slurry
      Explosive Manufacturing Corporation, LLC

              
	
                By:________________________________

              	 
      	
                By:________________________________

              
	
                      David
      Taylor, Manager

              	 
      	
                      David
      Taylor, Manager

              
	 
      	 
      	 
      
	
                UTeC
      Corporation LLC

              	 
      	 
      
	
                By:________________________________

              	 
      	 
      
	
                      David
      Taylor, Manager

              	 
      	 
      
	 
      	 
      	 
      
	
                DetaCorp
      Inc., LLC

              	 
      	
                LSB
      INDUSTRIES, INC.

              
	
                By:________________________________

              	 
      	
                By:________________________________

              
	
                      David
      Taylor, Manager

              	 
      	
                      Tony
      M. Shelby, Vice President

              
	 
      	 
      	 
      
	
                SEC
      Investment Corp. LLC

              	 
      	 
      
	
                By:________________________________

              	 
      	 
      
	
                      David
      Taylor, Manager

              	 
      	 
      
	 
      	 
      	 
      
	
                Energetic
      Properties, LLC

              	 
      	 
      
	
                By:________________________________

              	 
      	 
      
	
                      David
      Taylor, Manager

              	 
      	 
      

      

      
         

      

      
        
           

        

        
          6 

          
            

          

        

        
           

        

      

      EXHIBIT
2.7(a)(xii)

      

      USE AND LICENSE
AGREEMENT

       

      
        This Use and License Agreement (the
“Agreement”) is made and entered into by and between Energetic Systems Inc.,
LLC, a Nevada limited liability company (“ESI”), UTeC Corporation, LLC, a Nevada
limited liability company (“UTeC”), SEC Investment Corp. LLC, a Nevada limited
liability company (“SIC”), DetaCorp Inc., LLC, a Nevada limited liability
company (“DetaCorp”), Energetic Properties, LLC, a Nevada limited liability
company (“EP,” and collectively with DetaCorp, UTeC and SIC, “Buyers” and each
individually, “Buyer”), Slurry Explosive Corporation, an Oklahoma corporation
(“SEC”), Universal Tech Corporation, an Oklahoma corporation (“Universal,” and
collectively with SEC, “Sellers” and each individually, “Seller”) to be
effective 12:01 a.m. on December 1, 2002 (the “Effective
Date”).

      

       

      RECITALS

      

      
        	
                A.  

              	
                Each
      Seller is separately the Lessee or otherwise has the separate right to use
      certain equipment, vehicles and/or other personal property (the
      “Property”) by through and under those leases and agreements reflected in
      Exhibit “A” (collectively, the “Leases” and each individually, the
      “Lease”), copies of such Leases having been previously provided to
      Buyers.

              

      

      
        	
                B.  

              	
                Effective
      December 1, 2002, Buyers are the owners of most of the assets of the
      Sellers, but not the Property, and Buyers desire to use the Property and
      obtain Sellers right, to purchase the Property, all subject to the
      covenants and agreements set forth
herein.

              

      

      

      AGREEMENT

      

      NOW,
THEREFORE, in consideration of the premises and the mutual covenants contained
herein, and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, Buyers and Sellers incorporate the foregoing
recitals as a part of this Agreement, and further agree as follows:

      

      1. GRANT OF
LICENSE AND CONDITIONAL ASSIGNMENT OF PURCHASE OPTION.  Subject
to the terms, covenants and conditions hereinafter set forth, each Seller that
is a party to each particular Lease does hereby a) license to Buyers the right
to use the Property that is the subject of each Lease, and b) assign to Buyers
any purchase option that the applicable Seller may have, provided that Buyers
had paid to Sellers all amounts due to Sellers as required under this Agreement,
including amounts to complete the lease payments relating to the subject
Property, and all amounts that are required to exercise any purchase
option.

      

      2. TERM.  Unless
earlier terminated pursuant to the terms of this Agreement, the term of this
Agreement shall commence on the Effective Date and shall continue for twelve
(12) 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      months
thereafter, at which time this Agreement shall automatically renew for
successive twelve (12) month terms unless and until (i) Buyers or Sellers shall
have given the other written notice at least two (2) months prior to the end of
the then current twelve (12) month period that this Agreement shall terminate at
the end of such twelve (12) month period with respect to all Property subject to
any particular Lease described in said notice, or (ii) all of the Leases have
been terminated or expired pursuant to the terms and conditions thereof (the
“Term”).

      

      2.1 Early Termination;
Restriction on Right of Use.  This Agreement may terminate
prior to the end of the Term as follows:

      

      2.1.1 Termination of
Lease.  With respect to each item of Property subject to a
particular Lease, this Agreement shall automatically terminate as to that item
of Property at the earlier of such time that either a) Sellers’ rights,
privileges and obligations shall terminate under each of the respective Leases
to which that item of Property is subject, and Sellers have no further rights in
the Property subject to such Lease or b) the Property is no longer available for
full and unrestricted use by the Buyer due to actions undertaken by or through
the Lessor or Seller.

      

      2.1.2 New or Assigned
Lease.  With respect to each item of Property subject to a
particular Lease, this Agreement shall automatically terminate as to such
Property on the same date that a lease is entered into between any Buyer and the
holder of that Lease which covers all Property subject to that Lease or an
assignment of that existing Lease to which such Property is subject is fully
consummated in favor of any of the Buyers, all provided that, with respect to
either such a new lease or assignment, Sellers are fully released from any
future obligations under that particular Lease to which such Property is
subject.

      

      2.1.3 Purchase of
Property.  With respect to each item of Property subject to a
particular Lease, this Agreement shall automatically terminate as to such
Property on the same date that any of the Buyers purchases the Property and
becomes the owners of that Property and Sellers are fully released from any
future obligations to the holder of that particular Lease to which such Property
is subject.

      

      2.1.4 Uniform
Lease.  Solely with respect to the Lease reflected in SEC Item
4 of Exhibit A as “Standard Uniform Rental Service Agreement between Cintas
Corporation and SEC, dated November 16, 2001, and continuing for 60 months with
automatic renewals for like periods unless terminated 60 days before end of any
term, regarding garment services for employee uniforms” (the “Uniform Lease”),
Buyers may terminate this Agreement solely as to the Uniform Lease upon thirty
(30) days written notice to Sellers prior to the effective date of such
termination.

      

      2.1.5 Default/Sellers’ Purchase of
Property.  At Sellers’ option, Sellers may terminate this
Agreement as to all or any part of the Property as provided in 

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      Sections
3.3 and  10.1 below.  At Buyers’ option, Buyers may
terminate this Agreement as to all or any part of the Property as provided in
Section 10.2 below.

      

      3. BUYERS’
OBLIGATIONS.

      

      3.1 During
the term of each Lease, Buyers, jointly and severally, agree and shall pay to
Sellers an amount equal to all obligations of Sellers under the Leases which
arise, occur or exist during the Term of this Agreement, including, without
limitation, any installments, rent, tax or other payment obligations; any
insurance obligations, any repair or maintenance obligations, and any other
obligations arising under the Leases (the “Back-to-Back
Payments”).  It is understood and agreed that it is Buyers’ joint and
several responsibility to make such payments to Sellers in order to allow
Sellers to perform their respective obligations under the Leases directly with
the holders of those Leases.  It is further understood and agreed that
Buyers shall be jointly and severally responsible for all liabilities, including
without limitation, any late fees or penalties, arising under the Leases as a
result of Buyers’ failure to timely perform the related Back-to-Back
Payments.

      

      3.2 Any
Back-to-Back Payments requiring the payment of monies that cover a period of
time that includes days outside the Term of this Agreement shall be reduced
pro-rata to reflect the number of days of that period that fall within the Term
of this Agreement (e.g. a rental payment under a Lease that covers the period
November 15, 2002 to December 15, 2002 shall be reduced by multiplying the
amount of that rental payment by the fraction of 15 (number of days within the
Term) over 30 (number of days covered by the rental payment)).

      

      3.3 Buyers
shall make Back-to-Back Payments to Sellers in accordance with Sellers written
advice for all Back-to-Back Payments due under all Leases for the following
calendar month within ten (10) days of receipt by Buyers of such written
advice.  If the Buyers fail to timely make such Back-to-Back Payments,
Sellers may, in their sole and absolute discretion, terminate this Agreement in
whole or in part, and/or perform the related obligation under the respective
Lease, and Buyers shall be jointly and severally responsible to immediately pay
Sellers for any costs, expenses or damages related thereto.

      

      3.4 Buyers
shall use, maintain and insure the Property in a manner and in accordance with
the particular Lease relating to the Property, maintain all legally required and
appropriate licenses and permits relating to the Property,  and comply
with all governmental laws, rules, and regulations relating to the use the
Property.

      

      4. SELLERS’
OBLIGATIONS.  To the extent
Buyers have made the Back-to-Back Payments, the Sellers jointly and severally
agree to  timely perform the related payment obligation under the
Leases that such Seller may owe to the holder of the Leases. It is understood
and agreed that Sellers shall be jointly and severally responsible for all
liabilities arising under the Leases as a result of Sellers’ failure to timely
perform under the Leases (provided Buyers have timely performed the Back-to-Back
Payments).

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      5.  DISCLAIMER.  SELLERS
MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, CONCERNING THE PROPERTY,
INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR OF FITNESS FOR
ANY PARTICULAR PURPOSE OR WARRANTY AS TO THE CONDITION OF THE
PROPERTY.  ALL PROPERTY IS DELIVERED AND ACCEPTED ON AN “AS IS – WHERE
IS” BASIS.

       

      6. COMPLIANCE
WITH APPLICABLE LAW.  Buyers shall
comply with all federal, state, county and local laws and ordinances applicable
in connection with the Property and the use of the Property.

      

      7. LIENS/ENCUMBRANCES.  Buyers shall not
encumber and Property.

      

      8. INSPECTION.   Sellers
or their authorized representatives may at any reasonable time or times
inspect  the Property.

      

      9. RISK OF
LOSS.  From and after
the Effective Date through the end of the Term, all risk of loss in connection
with the theft, damage or destruction of the Property, however incurred or
occasioned, shall be on Buyers.  Buyers shall promptly give Sellers
written notice of any such theft, damage or destruction of the Property and
shall promptly cause the affected part or parts of the Property to be replaced
or restored as required by the related Lease.

      

      10. DEFAULTS AND
REMEDIES.

      

      10.1 Sellers’ Remedy for
Default.  In the event Buyers fail to perform any of their
obligations hereunder for any reason, Seller must give Buyers written notice of
the default and five (5) business days to cure such default.  In the
event that Buyers fail to cure the default within such time period, Sellers have
the right to elect to pursue any one or more of the following
remedies:  (a) immediately terminate this Agreement with respect to
the Lease associated with the default, at which time, Buyers shall immediately
deliver sole possession of all Property subject to that termination to Sellers;
(b) pursue an action for enforcement of this Agreement; (c) pursue an action for
damages; and/or (d) pursue any other remedy available at law or in
equity.

      

      10.2 Buyers’ Remedy for
Default.  In the event Sellers fail to perform any of their
obligations hereunder for any reason, Buyers must give Sellers written notice of
the default and five (5) business days to cure such default.  In the
event that Sellers fail to cure the default within such time period, Buyers have
the right to elect to pursue any one or more of the following
remedies:  (a) immediately terminate this Agreement with respect to
the Lease associated with the default, at which time, Buyers shall immediately
deliver sole possession of all Property subject to that termination to Sellers;
(b) pursue an action for enforcement of this Agreement; (c) pursue an action for
damages; and/or (d) pursue any other remedy available at law or in
equity.

      

      11. PURCHASE
OPTION.  To the extent any
of the Leases contain an option to purchase the Property subject to that Lease
which may be exercised during the Term of this 

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Agreement,
Buyers may notify Sellers of their desire to exercise such option to purchase at
and identify to which Buyer that Property is to be transferred.  If
Buyers fully perform all obligations under the Lease arising in connection with
the exercise of such option to purchase, and all obligations in connection with
this Agreement, Sellers shall timely exercise such option to purchase with
respect to that particular Property and shall cause title to that particular
Property to be transferred to the identified Buyer, AS IS, WHERE IS AND WITH ALL
FAULTS.  It is understood and agreed (i) that Sellers shall provide no
warranty, express or implied, in connection with the transfer of such Property,
including any warranty of merchantability or of fitness for any particular
purpose, and (ii) that Sellers have no obligation to advise Buyers of the
existence of any purchase options or the terms thereof, including expiration
dates.

      

      12. MISCELLANEOUS.

      

      12.1.1 Indemnity of
Sellers.  Buyers assume liability for and, jointly and
severally, agree to defend, indemnify and hold Sellers and any Seller affiliate,
harmless from and against any and damages, injury to persons or property,
claims, liabilities, losses, penalties, charges or expenses (including
reasonable attorneys fees) of any and all kinds imposed on, incurred by or
asserted against any Seller or Seller affiliate, arising out of or relating to
Buyers failure to comply with the terms of this Agreement, or Buyers’ use,
possession or operation of any of the Property by, through or under
Buyers.  This Section 12.1.1 shall survive the expiration or earlier
termination of this Agreement.

       

      12.1.2 Indemnity of
Buyers.  Sellers assume liability for and, jointly and
severally, agree to defend, indemnify and hold Buyers and any Buyer affiliate,
harmless from and against any and damages, injury to persons or property,
claims, liabilities, losses, penalties, charges or expenses (including
reasonable attorneys fees) of any and all kinds imposed on, incurred by or
asserted against any Buyer or Buyer affiliate, arising out of or relating to
Sellers failure to comply with the terms of this Agreement or any actions, suits
or proceedings brought by any lessors under any of the Leases as a result of
this Agreement or the transactions contemplated hereby.  This Section
12.1.2 shall survive the expiration or earlier termination of this
Agreement.

       

      12.2 Governing Applicable Law;
Severability; Paragraph Headings.  This Agreement and the
rights and obligations of the parties shall be interpreted, construed and
enforced in accordance with the applicable laws of the state of
Oklahoma.  If any term or provision of this Agreement shall to any
extent be invalid or unenforceable, the remainder of this Agreement shall not be
affected, and each provision of this Agreement shall be valid and enforced to
the fullest extent permitted by applicable law.  Furthermore, in lieu
of such illegal, invalid, or unenforceable provision, there shall be added
automatically as a part of this Agreement a provision as similar in terms to
such illegal, invalid, or unenforceable provision as may be possible and be
legal, valid and enforceable.  The headings and titles to the Articles
and Sections of this Agreement are for convenience only and shall have no effect
on the interpretation of any part of this Agreement.  The word
“including” shall not be construed restrictively to limit or exclude other items
not listed.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      12.3 Time is of the Essence;
Relationship; Successors and Assigns.  Time is of the essence
with respect to Buyers’ performance of their obligations and the exercise of any
expansion, renewal or extension rights or other options granted to
Buyers.  This Agreement and the covenants and conditions in this
Agreement shall inure only to the benefit of and be binding only upon Buyers and
Sellers and their permitted successors and assigns.  Neither Buyers
nor Sellers may assign any of its rights or obligations under this Agreement
without the prior written consent of the other parties’ notice representatives
reflected below.

       

      12.4 Full Agreement;
Amendments.  This Agreement contains the parties’ entire
agreement regarding the subject matter hereof.  All understandings,
discussions, and agreements previously made between the parties, written or
oral, are superseded by this Agreement, and neither party is relying upon any
warranty, statement or representation not contained in this
Agreement.  The exhibits and riders attached hereto are incorporated
herein and made a part of this Agreement for all purposes.  This
Agreement may be modified only by a written agreement signed by all
parties.

       

      12.5 Notices.  Any
notice, communication, request, reply or advice (severally and collectively
referred to as “Notice”) in this Agreement required or allowed to be given, made
or accepted by Sellers or Buyers to the other must be in writing and given to
the representatives of Buyers or Sellers reflected below.  Notice to
Sellers’ representatives is notice to all Sellers, and notice to Buyers
representatives is notice to all Buyers.  Notice may, unless otherwise
provided herein, be given or served (a) by depositing the same in the United
States mail, postage paid, certified mail, and addressed to the party to be
notified, with return receipt requested, (b) by delivering the same to such
party or an agent of such party by hand or by a recognized overnight carrier, or
(c) when appropriate, by sending via facsimile transmission addressed to the
party to be notified.  Notice will be effective the sooner of (1)
receipt at the address transmitted, (2) three (3) days after such is deposited
in the mail or with overnight carrier, or (3) when facsimile transmission is
confirmed by the sending machine.  For the purposes of notice, the
addresses and facsimile numbers of the parties’ notice representatives are,
until changed by written notice, as follows:

       

      
        	
                Sellers:

                 

                 

              	
                President

                SEC
      and UTeC Notice Representative

                16
      South Pennsylvania Avenue

                Oklahoma
      City, Oklahoma 73107

                Facsimile:
      (405) 235-5067

              
	
                With
      copies to:

                 

              	
                General
      Counsel

                SEC
      and UTeC Notice Representative

                16
      South Pennsylvania Avenue

                Oklahoma
      City, Oklahoma 73107

                Facsimile:
      (405) 235-5067

              

      

      

      
        
           

        

        
          6 

          
            

          

        

        
           

        

      

      

      
        	
                Buyers:

              	
                President

                Energetic
      Systems Inc., LLC

                5700
      N. Portland

                Suite
      310

                Oklahoma
      City, Oklahoma 73112

                Facsimile:
      (405) 947-0786

              

      

      
        	
                With
      copies to:

                 

              	
                Lawrence
      A. Waks, Esq.

                Jackson
      Walker L.L.P.

                100
      Congress Avenue

                Suite
      1100

                Austin,
      Texas 78701

                Facsimile:
      (512) 236-2002

              

      

      

       

      12.6 Attorney’s
Fees.  In the event either party hereto fails to comply with
any of the terms of this Agreement to be complied with on its part and the other
party commences legal proceeding to enforce the terms of the Agreement, the
prevailing party in any such proceeding shall receive from the other its
reasonable attorneys fees.

       

      12.7 Multiple
Counterparts.  This Agreement may be executed in a number of
identical counterparts, each of which constitutes an original and all of which
constitute, collectively, one agreement; but in making proof of this Agreement,
it shall not be necessary to produce or account for more than one such
counterpart.

       

      10.7  Assignment.  This
Agreement may not be assigned by Buyers without the prior written consent of
Sellers. However, Buyers may divide up the Property among themselves as they
determine in their sole discretion.

       

      

      SIGNATURE
PAGE TO FOLLOW

      
        
           

        

        
          7 

          
            

          

        

        
           

        

      

      Executed
to be effective as of the date first written above.

      

      SELLERS:                                                                           BUYERS:

      

      SLURRY
EXPLOSIVE
CORPORATION,                       ENERGETIC
SYSTEMS INC., LLC

      an
Oklahoma
corporation                                                 a
Nevada limited liability company

      

      

      By:_________________________________           By:_________________________________

            Tony
M. Shelby, Vice
President                                    
David Taylor, Manager

      

      

      UNVIERSAL
TECH
CORPORATION,                            UTEC
CORPORATION, LLC

      an
Oklahoma
corporation                                                  a
Nevada limited liability company

      

      

      By:_________________________________            By:_________________________________

            Tony
M. Shelby, Vice
President                                      
David Taylor, Manager

       

       

      SEC
INVESTMENT CORP. LLC,

      a Nevada
limited liability company

       

       

      By:________________________________

      David
Taylor, Manager

       

       

      DETACORP
INC., LLC,

      a Nevada
limited liability company

       

       

      By:_________________________________

      David
Taylor, Manager

       

       

      ENERGETIC
PROPERTIES, LLC,

      a Nevada
limited liability company

       

       

      By:________________________________

      David
Taylor, Manager

       

      
        
           

        

        
          8 

          
            

          

        

        
           

        

      

      EXHIBIT
“A”

      

      LIST OF
LEASES

      

      Universal Tech
Corporation

      

      
        	
                1.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing March 16, 2000,
      and continuing for 60 months, regarding G25E Daewoo
    Forklift.

              

      

      
        	
                2.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

              

      

      
        	
                3.  

              	
                Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

              

      

       

      Slurry Explosive
Corporation

      

      
        	
                1.  

              	
                Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

              

      

      
        	
                2.  

              	
                Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

              

      

      
        	
                3.  

              	
                O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

              

      

      
        	
                4.  

              	
                Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic renewals
      for like periods unless terminated 60 days before end of any term,
      regarding garment services for employee
  uniforms.

              

      

      
        	
                5.  

              	
                Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

              

      

      
        	
                6.  

              	
                Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

              

      

      
        	
                7.  

              	
                Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

              

      

       

      
        
          
          

        

        
          
            Exhibit
"A"

            Page 1 of
2

          

          
            

          

        

        
          
          

        

      

       

      
        	
                8.  

              	
                Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

              

      

      
        	
                9.  

              	
                Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

              

      

      
        	
                10.  

              	
                Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

              

      

      
        	
                11.  

              	
                Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

              

      

      
        	
                12.  

              	
                Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

              

      

      
        	
                13.  

              	
                Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

              

      

      
        	
                14.  

              	
                Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

              

      

      
        	
                15.  

              	
                Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

              

      

       

      
        
           

        

        
          
            Exhibit
"A"

            Page 2
of 2  

          

          
            

          

        

        
           

        

      

      EXHIBIT
2.8

      

      NON-PURCHASED INVENTORY USE
AND PURCHASE AGREEMENT

      

      

      This Non-Purchased Inventory Use and
Purchase Agreement (“Agreement”) by and between the Buyers and Sellers,
effective as of December 1, 2002.  “Buyers” and “Sellers” are defined
in the Asset Purchase Agreement (“APA”) effective December 1, 2002 by Energetic
Systems Inc., LLC, a Nevada limited liability company, UTeC Corporation, LLC, a
Nevada limited liability company, SEC Investment Corp. LLC, a Nevada limited
liability company, DetaCorp Inc., LLC, a Nevada limited liability company,
Energetic Properties, LLC, a Nevada limited liability company, Slurry Explosive
Corporation, an Oklahoma corporation, Universal Tech Corporation, an Oklahoma
corporation.  In connection with the APA, and for good and valuable
consideration, the parties have agreed as follows:

      

      1. Defective
Valeron.  Buyers will take possession of the old Valeron Film
(red and 806) for no charge, representing an $8,000 write-off by
Sellers.

      

      2. Other Valeron, Boxes and
Bags Marked for Orica, Dyno Nobel, and Austin Powder.  Buyers
will take possession of all the Valeron, boxes and bags marked for Orica, Dyno
Nobel and Austin Powder, with an estimated value of $75,000.  Buyers
will use such material in production on a priority basis until such material is
fully used.  Buyers will pay to Sellers Sellers’ full inventory value
for such material within thirty (30) days of use by Buyers.  Buyers
shall retain the right to sell any remaining portion of such material to Orica,
Dyno Nobel and Austin Powder.  In the event of such sale, Buyers will
cooperate with Sellers in assembling and shipping such inventory.

      

      3. Ammonium
Perchlorate.  Buyers will take possession of all Ammonium
Perchlorate (“AP”), with an estimated value of $72,675.  Buyers will
use such AP in the manufacturing of product on a priority basis until it is
fully consumed.  Buyers will pay Sellers full inventory value for the
AP within thirty (30) days of use by Buyers.

      

      4. U.S. Aluminum Powdered
Aluminum.  Buyers will take possession of the powdered aluminum
manufactured by U.S. Aluminum that is usable in limited applications, with an
estimated value of $30,250.  Buyers will use such aluminum in the
manufacturing of product on a priority basis until it is fully
consumed.  Buyers will pay Sellers full inventory value for such
aluminum within thirty (30) days of use by Buyers.

      

      5. Propellant.  Buyers
will take possession of and title to all propellant of Sellers wherever located,
including Camden, Arkansas, Hallowell, Kansas and the PRUF plant at no
cost.

      

      6. Rocket
Motors.  Buyers will take possession of and title to all rocket
motor inventory of Sellers wherever located at no cost.  Sellers shall
pay to Buyers the monies received by Sellers for rocket motors processed by
Sellers totaling $16,877 within thirty (30) days of closing.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Executed
to be effective as of the date first written above.

      

      SELLERS:                                                                           BUYERS:

      

      SLURRY
EXPLOSIVE
CORPORATION,                      ENERGETIC
SYSTEMS INC., LLC

      an
Oklahoma
corporation                                                a
Nevada limited liability company

      

      

      By:_________________________________          By:_________________________________

            Tony
M. Shelby, Vice
President                                   
David Taylor, Manager

      

      

      UNVIERSAL
TECH
CORPORATION,                           UTEC
CORPORATION, LLC

      an
Oklahoma
corporation                                                 a
Nevada limited liability company

      

      

      By:_________________________________           By:_________________________________

            Tony
M. Shelby, Vice
President                                     
David Taylor, Manager

       

       

      SEC
INVESTMENT CORP. LLC,

      a Nevada
limited liability company

       

       

      By:_________________________________

      David
Taylor, Manager

       

       

      DETACORP
INC., LLC,

      a Nevada
limited liability company

       

      By:_________________________________

      David
Taylor, Manager

       

       

      ENERGETIC
PROPERTIES, LLC,

      a Nevada
limited liability company

       

      By:_________________________________

      David
Taylor, Manager

       

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      EXHIBIT
7.3

      

      Material
Consents

      

      None

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
7.4(a)

      

      Legal Opinion  -
Sellers

      

      

      December
6, 2002

      

      

      Energetic
Systems Inc., LLC

      UTeC
Corporation, LLC

      SEC
Investment Corp. LLC

      DetaCorp
Inc., LLC

      Energetic
Properties, LLC

      5700
North Portland Avenue

      Suite
310

      Oklahoma
City, Oklahoma 73112

      

      RE:           Asset Purchase
Agreement

      

      Ladies
and Gentlemen:

       

      I have
acted as general counsel to Slurry Explosive Corporation, an Oklahoma
corporation (“SEC”), Universal Tech Corporation, an Oklahoma corporation
(“Universal”, and collectively with SEC, “Sellers”), El Dorado Chemical Company,
an Oklahoma corporation (“EDC”), LSB Chemical Corp., an Oklahoma corporation
(“LSBCC”), Prime Financial Corporation, an Oklahoma corporation (“PFC”), and LSB
Industries, Inc., a Delaware corporation (“LSB”), in connection with the review,
execution and delivery of and the transactions contemplated by the Asset
Purchase Agreement, dated as of December 6, 2002 (the “Asset Purchase
Agreement”), by and among the Sellers, EDC, LSB, LSBCC and PFC, and Energetic
Systems Inc. LLC, a Nevada limited liability company (“ESI”), UTeC Corporation,
LLC, a Nevada limited liability company (“UTECLLC”), SEC Investment Corp. LLC, a
Nevada limited liability company (“SIC”), DetaCorp Inc., LLC, a Nevada limited
liability company  (“DetaCorp”) and Energetic Properties, LLC, a
Nevada limited liability company (“EP” and collectively with ESI, UTECLLC, SIC
and DetaCorp, “Buyers”).

       

      This
opinion is rendered to you pursuant to Section 7.4(a) of the Asset Purchase
Agreement.  Except as otherwise defined herein, capitalized terms used
herein will have the same meaning as such terms are defined in the Asset
Purchase Agreement.

       

      1.           In
connection with the issuance of this letter, I have examined the following
documents:

       

      
        	
                1.1  

              	
                Asset
      Purchase Agreement;

              

      

      
        	
                1.2  

              	
                Bill
      of Sale;

              

      

      
        	
                1.3  

              	
                Noncompetition
      Agreement;

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            December
6, 2002

            Page
2

          

        

      

       

      
        	
                1.4  

              	
                Orica
      Noncompetition Letter Agreement;

              

      

      
        	
                1.5  

              	
                Escrow
      Agreement;

              

      

      
        	
                1.6  

              	
                Assignment
      and Assumption Agreement;

              

      

      
        	
                1.7  

              	
                Assignment
      and Assumption of Lease Agreement;

              

      

      
        	
                1.8  

              	
                Assignment
      of Patents;

              

      

      
        	
                1.9  

              	
                Assignment
      of Service Marks and Trademarks;

              

      

      
        	
                1.10  

              	
                Transitional
      Services Agreement;

              

      

      
        	
                1.11  

              	
                AN
      Supply Agreement;

              

      

      
        	
                1.12  

              	
                Nitric
      Acid Supply Agreement;

              

      

      
        	
                1.13  

              	
                The
      Use and License Agreement;

              

      

      
        	
                1.14  

              	
                 (A)
      Lease Agreements, Memorandums of Lease and Lessor Estoppel and Agreements
      with respect to the real property leases for (1) the Production Facility
      located at Hallowell, Kansas,  (2) the Underwater Lab and PRUF
      plant located at Hallowell, Kansas, (3) the R&D lab located at
      Jayhawk, Kansas, and (4) the Pryor, Oklahoma facility;
      (B)  Assignment and Assumptions of Lease for the Farmer’s Co-Op
      lease, the Industrial Track lease, the Oklahoma City office lease and the
      Dallas office lease; (C) a Lease Termination Agreement with respect to the
      Pryor, Oklahoma facility;

              

      

      
        	
                1.15  

              	
                Certificate
      from the Secretary or Assistant Secretary of each Seller, EDC, LSBCC, PFC
      and LSB attesting to the resolutions of each such party and authorizing
      specific officers of each such party to execute the Transaction Documents,
      as such term is defined below, to which it is a
  party;

              

      

      
        	
                1.16  

              	
                Certificate
      of Good Standing of SEC, issued by the Oklahoma Secretary of State on
      November 19, 2002;

              

      

      
        	
                1.17  

              	
                Certificate
      of Good Standing of Universal, issued by the Oklahoma Secretary of State
      on November 19, 2002;

              

      

      
        	
                1.18  

              	
                Certificates
      of Foreign Good Standing, Existence or Authority of each Seller listed on
      Schedule II attached hereto issued by the various Secretaries of State
      (the “Foreign Certificates”);

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            December
6, 2002

            Page
3

          

        

      

       

      
        	
                1.19  

              	
                Certificates
      of Incorporation and Bylaws of each Seller, EDC, LSBCC, PFC and
      LSB;

              

      

      
        	
                1.20  

              	
                Minute
      books of each of each Seller, EDC, LSBCC, PFC and
  LSB;

              

      

      
        	
                1.21  

              	
                Unanimous
      Written Consents of the Board of Directors and Sole Shareholder of each
      Seller, EDC, LSBCC and PFC, dated November 18, 2002;
  and

              

      

      
        	
                1.22  

              	
                Unanimous
      Written Consent of the Board of Directors of LSB, dated November 18,
      2002.

              

      

       

      The
documents referred to in paragraphs 1.1 through 1.12 above are referred to
herein as the “Transaction Documents”.

       

      I have
also examined such matters of law and certificates of officers of each Seller,
EDC, LSBCC, PFC and LSB as I deemed relevant or necessary as a basis of the
opinions expressed herein.

       

      
        	
                2.  

              	
                In
      rendering my opinion, I have assumed for the purposes of this opinion
      letter, the following:

              

      

      
        	
                2.1  

              	
                The
      due execution and delivery, pursuant to due authorization, of the
      Transaction Documents by the parties thereto, other than the Sellers, EDC,
      LSBCC, PFC and LSB;

              

      

      
        	
                2.2  

              	
                The
      legality, validity, binding effect on, and enforceability of the
      Transactions Documents against the parties thereto, other than the
      Sellers, EDC, LSBCC, PFC and LSB;

              

      

      
        	
                2.3  

              	
                The
      genuineness of the signatures of all persons signing each document in
      connection with the transactions with respect to which this opinion is
      rendered, other than the signatures of persons signing on behalf of the
      Sellers, EDC, LSBCC, PFC and LSB;

              

      

      
        	
                2.4  

              	
                The
      authority to sign in a representative capacity of the persons signing the
      Transaction Documents, other than on behalf of the Sellers, EDC, LSBCC,
      PFC and LSB;

              

      

      
        	
                2.5  

              	
                The
      authenticity of all documents submitted to me as
  originals;

              

      

      
        	
                2.6  

              	
                The
      conformity to authentic original documents of all documents submitted to
      me as certified, conformed or photo static copies;
  and

              

      

      
        	
                2.7  

              	
                The
      accuracy and completeness of all public records reviewed by
      me.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            December
6, 2002

            Page 4

          

        

      

       

      As to all
questions of fact material to these opinions that have not been independently
established, I have relied upon certificates or comparable documents of officers
and representatives of each Seller, EDC, LSBCC, PFC and LSB and upon the
representations and warranties of each Seller, EDC, LSBCC, PFC and LSB contained
in the Transaction Documents.

       

      
        	
                3.  

              	
                Based
      on the foregoing, and subject to the limitations, qualifications and
      exceptions set forth below and as may be provided in the Legal Opinion
      Accord of the ABA Section of Business Law (1991), and assuming the
      consummation of the transactions contemplated by the Transaction
      Documents, it is my opinion that:

              

      

      
        	
                3.1  

              	
                Each
      Seller is a corporation incorporated and in good standing under the laws
      of the State of Oklahoma;

              

      

      
        	
                3.2  

              	
                Based
      solely on the Foreign Certificates, each Seller is qualified as foreign
      corporation and in good standing in each jurisdiction in which it is
      authorized to do business;

              

      

      
        	
                3.3  

              	
                Each
      Seller, EDC, LSBCC, PFC and LSB have full corporate power and authority to
      execute, deliver and perform the Transaction Documents to which it is a
      party;

              

      

      
        	
                3.4  

              	
                Each
      of the Transaction Documents to which the each Seller, EDC, LSBCC, PFC and
      LSB is a party, is enforceable against such party, in accordance with its
      terms;

              

      

      
        	
                3.5  

              	
                The
      execution, delivery and performance by each Seller of the Transaction
      Documents to which it is a party, (a) are not in contravention of any
      provision of its applicable certificate of incorporation or by-laws, (b)
      to my knowledge, will not violate any Oklahoma or United States federal
      law or regulation or order of any court or other Governmental Body to
      which it is subject or the Delaware General Corporation Law, or (c) except
      as set forth in Part 3.2 (b) of the Disclosure Letter, will not result in
      the breach or termination of, or constitute a default under, or result in
      the creation or imposition of any Encumbrance upon any of the Assets
      under, any material Seller Contract listed in Part 3.19 (a) of the
      Disclosure Letter;

              

      

      
        	
                3.6  

              	
                To
      my knowledge, except as set forth in Parts 3.2 (c) of the Disclosure
      Letter and the filing of various collateral release documents, including
      UCC-3 terminations and partial releases and mortgage release with the
      appropriate Governmental Body, no consent, approval or authorization of,
      or declaration, filing or registration with, any Governmental Body is
      required by Sellers in connection with the execution and delivery of the
      Asset Purchase Agreement or the consummation of Contemplated Transactions;
      and

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            December
6, 2002

            Page
5

          

        

      

       

       

      
        	
                3.7  

              	
                 To
      my knowledge, except as set forth in Part 3.17 (a) of the Disclosure
      Letter, there is no Proceeding by or before any court or Governmental Body
      pending or overtly threatened against any Seller that challenges the
      validity of the Asset Purchase Agreement or any action taken or to be
      taken by any Seller pursuant to the Asset Purchase Agreement or in
      connection with the Contemplated
Transactions.

              

      

       

      
        	
                4.  

              	
                I
      have expressed the foregoing opinions subject to the following
      qualifications, limitations and
exceptions:

              

      

      
        	
                4.1  

              	
                I
      am licensed to practice law in the State of Oklahoma.  This
      opinion is limited to the laws of Oklahoma, the Delaware General
      Corporation Law and federal laws of the United States.  I do not
      render any opinions as to the laws of any other jurisdiction and, as to
      Delaware, only as to the Delaware General Corporation Law.  I am
      not licensed to practice law in the State of
  Delaware;

              

      

      
        	
                4.2  

              	
                Provisions
      of the Transaction Documents which purport to indemnify the Buyers
      against, or release the Buyers from, liability for any of the Buyers’ acts
      are unenforceable to the extent such acts are determined to be unlawful,
      negligent, reckless, or constitute willful
  misconduct;

              

      

      
        	
                4.3  

              	
                The
      enforceability of the Transaction Documents is subject to the effect of
      any applicable bankruptcy, insolvency, reorganization, fraudulent
      transfer, moratorium or similar laws relating to the rights of creditors
      and other laws relating to general principals of equity, including,
      without limitation, concepts of materiality, reasonableness, good faith
      and fair dealing (regardless of whether considered in a proceeding at law
      or in equity);

              

      

      
        	
                4.4  

              	
                I
      express no opinion as to:

              

      

      
        
          	
                  4.4.1
       

                	
                  Any
      choice of law provision contained in the Transaction
      Documents;

                

        

      

      
        	
                4.4.2  

              	
                The
      ability to obtain specific performance, injunctive or other equitable
      relief, whether sought in a proceeding at law or in equity, as a remedy
      for a default under the Transaction Documents;
  and

              

      

      
        	
                4.4.3  

              	
                The
      enforceability of any provisions which purport to restrict, limit or
      prevent access to legal or equitable remedies or which purport to waive
      any legal rights.

              

      

      
        	
                4.5
        

              	
                The
      phrase “to my knowledge” or words of similar import as used herein,
      mean  actual knowledge, without investigation, on the part
      of  me and those attorneys in this office who have been involved
      in the transactions contemplated by the Transaction
    Documents.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            December 6, 2002

            Page 6

          

        

      

       

      I have
directed this letter solely to you.  You may not use, circulate, quote
or refer to this letter in connection with any transaction other than the
transactions contemplated by the Transaction Documents.  No other
person may rely on this letter in any manner or for any purpose without the
undersigned’s written authorization.  I have issued this letter only
with respect to the present status of Oklahoma and Delaware General Corporation
Law and federal law and undertake no obligation to update or supplement this
letter in response to subsequent changes in the law, facts, or future events
affecting the transactions contemplated by any of the Transactional
Documents.

       

      Very
truly yours,

       

      

      

      David M.
Shear

      General
Counsel

       

      
        
           

        

        
           

          
            

          

        

        
           

          
             

          

        

      

      SCHEDULE
I

      

      FOREIGN
CERTIFICATES

       

      
        	
                Company

              	
                State

              
	 
      	 
      
	
                Slurry
      Explosive Corporation

              	
                Kansas

              
	
                Slurry
      Explosive Corporation

              	
                Missouri

              
	
                Slurry
      Explosive Corporation

              	
                New
      Mexico

              
	
                Slurry
      Explosive Corporation

              	
                North
      Dakota

              
	
                Slurry
      Explosive Corporation

              	
                Utah

              
	
                Universal
      Tech Corporation

              	
                Kansas

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
7.7

      Assignment
and Assumption of Lease Agreement

      

       

      This
Assignment and Assumption Agreement ("Assignment and
Assumption Agreement") is made and entered into on December 6, 2002, by
and among Slurry Explosive Corporation, an Oklahoma corporation ("Assignor"),
and Slurry Explosive Manufacturing Corporation, LLC, a Nevada limited liability
company ("Assignee").

       

      WHEREAS,
Assignor and Assignee are parties to that certain Asset Purchase Agreement dated
on December 6, 2002 (the "Purchase
Agreement"); and

       

      WHEREAS,
pursuant to the Purchase Agreement, Assignor has agreed to assign certain rights
and agreements to Assignee, and Assignee has agreed to assume the US Bancorp
Lease, as set forth herein.

       

      NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt,
adequacy and legal sufficiency of which are hereby acknowledged, the parties do
hereby agree as follows:

       

      
        	
                1.  

              	
                Capitalized Terms.
      Capitalized terms used but not defined herein shall have the
      meanings for such terms that are set forth in the Purchase
      Agreement.

              

      

      
        	
                2.  

              	
                Assignment and Assumption.
      Effective as of 12:01 a.m. C.S.T.
      on              December
      1, 2002 (the "Effective
      Time"), Assignor hereby assigns, sells, transfers and sets over
      (collectively, the "Assignment")
      to Assignee all of Assignor's right, title, benefit, privileges and
      interest in and to, and all of Assignor's burdens, obligations and
      liabilities in connection with, the US Bancorp Lease. Assignee hereby
      accepts the Assignment and assumes and agrees to observe and perform all
      of the duties, obligations, terms, provisions and covenants, and to pay
      and discharge all of the liabilities of Assignor to be observed,
      performed, paid or discharged from and after the Closing, in connection
      with the US Bancorp Lease.

              

      

      
        	
                3.  

              	
                Further Actions. Each
      of the parties hereto covenants and agrees, at its own expense, to execute
      and deliver, at the request of the other party hereto, such further
      instruments of transfer and assignment and to take such other action as
      such other party may reasonably request to more effectively consummate the
      assignments and assumptions contemplated by this Assignment and Assumption
      Agreement.

              

      

      
        	
                4.  

              	
                Terms of the Purchase
      Agreement. The terms of the Purchase Agreement and the Disclosure
      Letter incorporated therein are incorporated herein by this reference.
      Assignor acknowledges and agrees that the terms contained in the Purchase
      Agreement shall not be superseded hereby but shall remain in full force
      and effect to the full extent provided therein. In the event of any
      conflict or inconsistency between the terms of the Purchase Agreement and
      the terms hereof, the terms of the Purchase Agreement shall
      govern.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      IN
WITNESS WHEREOF, the parties have executed this Assignment and Assumption
Agreement on the date first above written.

       

      ASSIGNOR:                                                                ASSIGNEE:

      Slurry
Explosive
Corporation                                 Slurry
Explosive Manufacturing

                       
 Corporation, LLC

      

      

      _________________________                            ___________________________

      Tony M.
Shelby, Vice
President                              David
Taylor, Manager

       

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      

      EXHIBIT
7.8

      

      ENERGETIC
SYSTEMS INC., LLC

      UTEC
CORPORATION, LLC

      SEC
INVESTMENT CORP. LLC

      DETACORP
INC., LLC

      ENERGETIC
PROPERTIES, LLC

      SLURRY
EXPLOSIVE MANUFACTURING CORPORATION, LLC

       

      December
6, 2002

      

      LSB
Industries, Inc.

      El Dorado
Chemical Company

      Northwest
Financial Corporation

      Slurry
Explosive Corporation

      16 South
Pennsylvania Avenue

      Oklahoma
City, Oklahoma 73107

      

      RE:           Letter Agreement - Covenant
Not to Compete

      

      Dear
Sirs:

      

      For good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, this Letter
Agreement shall confirm to each of you our agreement that each of the
undersigned, as assigns of the business of Slurry Explosive Corporation and
Universal Tech Corporation agree to not engage in the Restricted Activities (as
defined in that certain Non-Competition Covenant dated November 1, 2001 and
attached hereto (the “Noncompetition Agreement”)) other than as the business of
Slurry Explosive Corporation or Universal Tech Corporation was conducted on the
Closing Date (as defined in the Noncompetition Agreement).

       

      Sincerely,

      

      ENERGETICS SYSTEMS INC.,
LLC                                                                UTEC
CORPORATION, LLC,

      a Nevada limited liability
company                                                                  a
Nevada limited liability company

      

      

      

      By:___________________________                                                          By:___________________________

            David
Taylor,
Manager                                                                                    
David Taylor, Manager

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
            LSB Industries, Inc.

            El Dorado
Chemical Company

            Northwest Financial Corporation

            Slurry Explosive Corporation

            December 6, 2002

            Page 2

          

        

      

      

      SEC
INVESTMENT CORP.
LLC.,                                                                     DETACORP
INC., LLC.,

      a Nevada limited liability
company                                                                  a
Nevada limited liability company

      

      

      By:___________________________                                                         By:____________________________

            David
Taylor,
Manager                                                                              David
Taylor, Manager

       

       

      
        ENERGETIC
PROPERTIES, LLC.,              SLURRY
EXPLOSIVE MANUFACTURING

      

      
        a Nevada
limited liability company                    CORPORATION,
LLC,  Nevada limited liability 

                                     company

      

      

      By:___________________________                                                         By:____________________________

            David
Taylor,
Manager                                                                                 
   David Taylor, Manager

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
7.11

      

      Key
Employees

      

      None

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
7.13

      

      Environmental
Questionnaire

      

      See
attached

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      SLURRY

         EXPLOSIVE

             CORPORATION

      
        

      

      
        
          

        

      

      16
South Pennsylvania   ·   Oklahoma
City, Ok  73107   ·   Phone  405-235-4546   ·   Fax  405-236-1209

      

      

      VIA FEDERAL
EXPRESS:  605743627698

      

      May 17,
2010

       

       

      David
Rex

      Jackson
Walker L.L.P.

      2439
North Central Expressway

      Suite
600

      Richardson,
Texas 75080

      

      RE:           Environmental Site
Assessment Questionnaire

      

      Dear Mr.
Rex:

      

      Enclosed are the Environmental Site
Assessment Questionnaires for the following locations:

      

      
        	
                1.  

              	
                Universal
      Tech Corporation:

              

      

      
        	
                a.  

              	
                Jayhawk
      Lab

              

      

      
        	
                b.  

              	
                Underwater
      Lab

              

      

      
        	
                c.  

              	
                PRUF
      Plant

              

      

      
        	
                d.  

              	
                Hallowell
      Rail Siding

              

      

      
        	
                e.  

              	
                Hallowell
      Plant

              

      

      

      
        	
                2.
       

              	
                Slurry
      Explosive Corporation

              

      

       

      Sincerely,

       

      /James
Wm. Murray III/

       

      James Wm.
Murray III

      Senior
Associate General Counsel

      JWM/ymq

       

      Enclosures

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Universal
Tech Corporation

      Environmental
Site Assessment Questionnaire

      Jayhawk
Lab

      8500
S.E. Jayhawk Drive

      Riverton,
Kansas 66770

      

      

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Universal Tech
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
        

        
          	
                  YES/NO/NS

                	
                  1.

                	
                  Is
      the property used for an industrial use?

                
	
                  YES/NO/NS

                	
                  2.

                	
                  To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

                
	
                  YES/NO/NS

                	
                  3.

                	
                  To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

                
	
                  YES/NO/NS

                	
                  4.

                	
                  To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

                
	
                  YES/NO/NS

                	
                  5.

                	
                  Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

                
	
                  YES/NO/NS

                	
                  6.

                	
                  To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

                
	
                  YES/NO/NS

                	
                  7.

                	
                  To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                

        

        
          	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Jayhawk Plant

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
        

        
          	
                   

                	
                   

                	
                  industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

                
	
                  YES/NO/NS

                	
                  12.

                	
                  To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

                
	
                  YES/NO/NS

                	
                  13.

                	
                  Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

                
	
                  YES/NO/NS

                	
                  14.

                	
                  To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

                
	
                  YES/NO/NS

                	
                  15.

                	
                  To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

                
	
                  YES/NO/NS

                	
                  16.

                	
                  Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

                
	
                  YES/NO/NS

                	
                  17.

                	
                  To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

                
	
                  YES/NO/NS

                	
                  18.

                	
                  Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

                
	
                  YES/NO/NS

                	
                  19.

                	
                  To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

                
	
                  YES/NO/NS

                	
                  20.

                	
                  Is
      there currently any stained soil or pavement on the
    property?

                
	
                  YES/NO/NS

                	
                  21.

                	
                  To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

                
	
                  YES/NO/NS

                	
                  22.

                	
                  Are
      there currently any above or underground storage tanks located on the
      property?

                
	
                  YES/NO/NS

                	
                  23.

                	
                  To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

                
	
                  YES/NO/NS

                	
                  24.

                	
                  Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

                
	
                  YES/NO/NS

                	
                  25.

                	
                  To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

                

        

      

       

      Environmental Site Assessment
Questionnaire

      Universal Tech Corporation

      Plant Jayhawk Plant

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      
 

      
      

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

      

       

      Environmental Site Asessment
Questionnaire

      Universal Tech Corporation

      Plant Jayhawk Plant

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                 

              	
                 

              	
                lawsuits
      or administrative or regulatory proceedings concerning a release of any
      hazardous substance or petroleum products involving the
      property?

              
	
                YES/NO/NS

              	
                40.

              	
                Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the
property?

              

         

      

      
        	
                 

              	
                 

              	
                GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

              
	
                 

              	
                41.

              	
                To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

              
	
                YES/NO/NS

              	
                ·

              	
                National
      Priorities List (NPL) - within 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

              
	 
      	 
      	 
      
	
                 

              	
                42.

              	
                To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

              

      

      

       This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Owner

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date  December
2, 2002

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Jayhawk Plant

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Universal
Tech Corporation

      Environmental
Site Assessment Questionnaire

      Underwater
Lab

       

       

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Universal Tech
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
         

        
          	
                  YES/NO/NS

                	
                  1.

                	
                  Is
      the property used for an industrial use?

                
	
                  YES/NO/NS

                	
                  2.

                	
                  To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

                
	
                  YES/NO/NS

                	
                  3.

                	
                  To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

                
	
                  YES/NO/NS

                	
                  4.

                	
                  To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

                
	
                  YES/NO/NS

                	
                  5.

                	
                  Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

                
	
                  YES/NO/NS

                	
                  6.

                	
                  To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

                
	
                  YES/NO/NS

                	
                  7.

                	
                  To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                

        

        
          	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Underwater Lab

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
      

      
        	
                 

              	
                 

              	
                industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

              
	
                YES/NO/NS

              	
                12.

              	
                To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                13.

              	
                Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                14.

              	
                To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

              
	
                YES/NO/NS

              	
                15.

              	
                To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

              
	
                YES/NO/NS

              	
                16.

              	
                Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

              
	
                YES/NO/NS

              	
                17.

              	
                To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

              
	
                YES/NO/NS

              	
                18.

              	
                Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

              
	
                YES/NO/NS

              	
                19.

              	
                To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

              
	
                YES/NO/NS

              	
                20.

              	
                Is
      there currently any stained soil or pavement on the
    property?

              
	
                YES/NO/NS

              	
                21.

              	
                To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

              
	
                YES/NO/NS

              	
                22.

              	
                Are
      there currently any above or underground storage tanks located on the
      property?

              
	
                YES/NO/NS

              	
                23.

              	
                To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

              
	
                YES/NO/NS

              	
                24.

              	
                Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

              
	
                YES/NO/NS

              	
                25.

              	
                To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

              

      

      

      
      

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Underwater Lab

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

         

        Environmental Site Assessment
Questionnaire

        Universal Tech Corporation

        Plant Underwater Lab

         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

        

         

         

        
          	
                   

                	
                   

                	
                  lawsuits
      or administrative or regulatory proceedings concerning a release of any
      hazardous substance or petroleum products involving the
      property?

                
	
                  YES/NO/NS

                	
                  40.

                	
                  Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the
property?

                

        

         

        
          	
                   

                	
                   

                	
                  GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

                
	
                   

                	
                  41.

                	
                  To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

                
	
                  YES/NO/NS

                	
                  ·

                	
                  National
      Priorities List (NPL) - within 1 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

                
	 
      	 
      	 
      
	
                   

                	
                  42.

                	
                  To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

                

        

         

      

       This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Lessee

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date           December
2, 2002

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Underwater Lab

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      Universal
Tech Corporation

      Environmental
Site Assessment Questionnaire

      PRUF
Plant

       

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Universal Tech
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
         

        
          	
                  YES/NO/NS

                	
                  1.

                	
                  Is
      the property used for an industrial use?

                
	
                  YES/NO/NS

                	
                  2.

                	
                  To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

                
	
                  YES/NO/NS

                	
                  3.

                	
                  To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

                
	
                  YES/NO/NS

                	
                  4.

                	
                  To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

                
	
                  YES/NO/NS

                	
                  5.

                	
                  Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

                
	
                  YES/NO/NS

                	
                  6.

                	
                  To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

                
	
                  YES/NO/NS

                	
                  7.

                	
                  To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                

        

        
          	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Pruf

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
      

      
        	
                 

              	
                 

              	
                industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

              
	
                YES/NO/NS

              	
                12.

              	
                To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                13.

              	
                Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                14.

              	
                To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

              
	
                YES/NO/NS

              	
                15.

              	
                To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

              
	
                YES/NO/NS

              	
                16.

              	
                Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

              
	
                YES/NO/NS

              	
                17.

              	
                To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

              
	
                YES/NO/NS

              	
                18.

              	
                Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

              
	
                YES/NO/NS

              	
                19.

              	
                To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

              
	
                YES/NO/NS

              	
                20.

              	
                Is
      there currently any stained soil or pavement on the
    property?

              
	
                YES/NO/NS

              	
                21.

              	
                To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

              
	
                YES/NO/NS

              	
                22.

              	
                Are
      there currently any above or underground storage tanks located on the
      property?

              
	
                YES/NO/NS

              	
                23.

              	
                To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

              
	
                YES/NO/NS

              	
                24.

              	
                Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

              
	
                YES/NO/NS

              	
                25.

              	
                To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

              

      

      

      
      

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Pruf

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

         

        Environmental Site Assessment
Questionnaire

        Universal Tech Corporation

        Plant Pruf

         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

        

        
        

      

       

      
        	
                 

              	
                 

              	
                lawsuits
      or administrative or regulatory proceedings concerning a release of any
      hazardous substance or petroleum products involving the
      property?

              
	
                YES/NO/NS

              	
                40.

              	
                Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the
property?

              

        

        
          	
                   

                	
                   

                	
                  GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

                
	
                   

                	
                  41.

                	
                  To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

                
	
                  YES/NO/NS

                	
                  ·

                	
                  National
      Priorities List (NPL) - within 1 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

                
	 
      	 
      	 
      
	
                   

                	
                  42.

                	
                  To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

                
	
                  YES/NO/NS

                	
                  ·

                	
                  Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

                

        

      

       

      This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Lessee

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date    December
2, 2002

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Pruf

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Universal
Tech Corporation

      Environmental
Site Assessment Questionnaire

      Hallowell
Rail Siding

       

      

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Universal Tech
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
         

        
          	
                  YES/NO/NS

                	
                  1.

                	
                  Is
      the property used for an industrial use?

                
	
                  YES/NO/NS

                	
                  2.

                	
                  To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

                
	
                  YES/NO/NS

                	
                  3.

                	
                  To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

                
	
                  YES/NO/NS

                	
                  4.

                	
                  To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

                
	
                  YES/NO/NS

                	
                  5.

                	
                  Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

                
	
                  YES/NO/NS

                	
                  6.

                	
                  To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

                
	
                  YES/NO/NS

                	
                  7.

                	
                  To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                

        

        
          	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Rail

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      
      

      
        	
                 

              	
                 

              	
                industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

              
	
                YES/NO/NS

              	
                12.

              	
                To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                13.

              	
                Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                14.

              	
                To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

              
	
                YES/NO/NS

              	
                15.

              	
                To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

              
	
                YES/NO/NS

              	
                16.

              	
                Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

              
	
                YES/NO/NS

              	
                17.

              	
                To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

              
	
                YES/NO/NS

              	
                18.

              	
                Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

              
	
                YES/NO/NS

              	
                19.

              	
                To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

              
	
                YES/NO/NS

              	
                20.

              	
                Is
      there currently any stained soil or pavement on the
    property?

              
	
                YES/NO/NS

              	
                21.

              	
                To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

              
	
                YES/NO/NS

              	
                22.

              	
                Are
      there currently any above or underground storage tanks located on the
      property?

              
	
                YES/NO/NS

              	
                23.

              	
                To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

              
	
                YES/NO/NS

              	
                24.

              	
                Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

              
	
                YES/NO/NS

              	
                25.

              	
                To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

              

      

       

      Environmental Site Assessment
Questionnaire

      Universal Tech Corporation

      Plant Rail

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

      

       

      Environmental Site Assessment
Questionnaire

      Universal Tech Corporation

      Plant Rail

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                 

              	
                 

              	
                 lawsuits
      or administrative or regulatory proceedings concerning a release of any
      hazardous substance or petroleum products involving the
      property?

              

      

      
        	
                YES/NO/NS

              	
                40.

              	
                Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the
property?

              

      

       

      
        	
                 

              	
                 

              	
                GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

              
	
                 

              	
                41.

              	
                To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

              
	
                YES/NO/NS

              	
                ·

              	
                National
      Priorities List (NPL) - within 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

              
	 
      	 
      	 
      
	
                 

              	
                42.

              	
                To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

              

      

      

       This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Lessee

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date  December
2, 2002

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Rail

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Universal
Tech Corporation

      Environmental
Site Assessment Questionnaire

      Hallowell
Plant

      3600
N.W. 74th

      Columbus,
Kansas 66725

      

      

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Universal Tech
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
        	
                YES/NO/NS

              	
                1.

              	
                Is
      the property used for an industrial use?

              
	
                YES/NO/NS

              	
                2.

              	
                To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

              
	
                YES/NO/NS

              	
                3.

              	
                To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

              
	
                YES/NO/NS

              	
                4.

              	
                To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

              
	
                YES/NO/NS

              	
                5.

              	
                Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

              
	
                YES/NO/NS

              	
                6.

              	
                To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

              
	
                YES/NO/NS

              	
                7.

              	
                To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

              

        
          	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Hallowell Plant

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
         

        
        

        
          	
                   

                	
                   

                	
                  industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

                
	
                  YES/NO/NS

                	
                  12.

                	
                  To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

                
	
                  YES/NO/NS

                	
                  13.

                	
                  Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

                
	
                  YES/NO/NS

                	
                  14.

                	
                  To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

                
	
                  YES/NO/NS

                	
                  15.

                	
                  To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

                
	
                  YES/NO/NS

                	
                  16.

                	
                  Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

                
	
                  YES/NO/NS

                	
                  17.

                	
                  To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

                
	
                  YES/NO/NS

                	
                  18.

                	
                  Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

                
	
                  YES/NO/NS

                	
                  19.

                	
                  To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

                
	
                  YES/NO/NS

                	
                  20.

                	
                  Is
      there currently any stained soil or pavement on the
    property?

                
	
                  YES/NO/NS

                	
                  21.

                	
                  To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

                
	
                  YES/NO/NS

                	
                  22.

                	
                  Are
      there currently any above or underground storage tanks located on the
      property?

                
	
                  YES/NO/NS

                	
                  23.

                	
                  To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

                
	
                  YES/NO/NS

                	
                  24.

                	
                  Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

                
	
                  YES/NO/NS

                	
                  25.

                	
                  To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Hallowell Plant

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
      

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Hallowell Plant

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      

      
        	 	 	   
      lawsuits or administrative or regulatory
      proceedings concerning a release of any hazardous substance or petroleum
      products involving the property?
	  
      YES/NO/NS	  
      40.	
                Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the property?

              
	
                 

              	
                 

              	
                GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

              
	
                 

              	
                41.

              	
                To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

              
	
                YES/NO/NS

              	
                ·

              	
                National
      Priorities List (NPL) - within 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

              
	 
      	 
      	 
      
	
                 

              	
                42.

              	
                To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

              

      

      

       This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Owner

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date   December
2, 2002

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Hallowell Plant

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      Slurry
Explosive Corporation

      Environmental
Site Assessment Questionnaire

      Hwy.
69A & Carbide Road

      Pryor,
Oklahoma 74361

       

      The
following Environmental Site Assessment Questionnaire is being prepared in
connection with the proposed sale of certain assets of Slurry Explosive
Corporation (“Company”)
to certain affiliates of Energetic Systems Inc., LLC. You have been designated
by the Company as the person most likely to have knowledge of the matters
described below. Please answer the following questions to your knowledge either
“YES,” “NO,” or “NS” if you are not sure as to the answer.

       

      
        

        
          	
                  YES/NO/NS

                	
                  1.

                	
                  Is
      the property used for an industrial use?

                
	
                  YES/NO/NS

                	
                  2.

                	
                  To
      the best of your knowledge, is any adjoining property used for an
      industrial use?

                
	
                  YES/NO/NS

                	
                  3.

                	
                  To
      the best of your knowledge, has the property been used for an industrial
      use in the past?

                
	
                  YES/NO/NS

                	
                  4.

                	
                  To
      the best of your knowledge, has any adjoining property been used for an
      industrial use in the past?

                
	
                  YES/NO/NS

                	
                  5.

                	
                  Is
      the property used as a gasoline station, motor repair facility, commercial
      printing facility, dry cleaners, photo developing laboratory, junkyard or
      landfill, or as a waste treatment, storage, disposal, processing, or
      recycling facility?

                
	
                  YES/NO/NS

                	
                  6.

                	
                  To
      the best of your knowledge, is any adjoining property used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling
      facility?

                
	
                  YES/NO/NS

                	
                  7.

                	
                  To
      the best of your knowledge, has the property been used as a gasoline
      station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                
	
                  YES/NO/NS

                	
                  8.

                	
                  To
      the best of your knowledge, has any adjoining property been used as a
      gasoline station, motor repair facility, commercial printing facility, dry
      cleaners, photo developing laboratory, junkyard or landfill, or as a waste
      treatment, storage, disposal, processing, or recycling facility in the
      past?

                

        

        
          	
                  YES/NO/NS

                	
                  9.

                	
                  Is
      there a maintenance or shop/service area located on the
      property?

                
	
                  YES/NO/NS

                	
                  10.

                	
                  To
      the best of your knowledge, has there ever been a maintenance or
      shop/service area located on the property?

                
	
                  YES/NO/NS

                	
                  11.

                	
                  Are
      there currently any damaged or discarded automotive or
  

                

        

      

       

      Environmental Site Assessment Questionnaire

      Universal Tech Corporation

      Plant Pryor

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

      
      

      
        	
                 

              	
                 

              	
                industrial
      batteries, or pesticides, paints, petroleum products, pesticides or other
      chemicals in individual containers of greater than five gallons in volume
      or fifty gallons in the aggregate, stored on or used at the property or at
      the facility located on the property?

              
	
                YES/NO/NS

              	
                12.

              	
                To
      the best of your knowledge, in the past have there been any damaged or
      discarded automotive or industrial batteries, or pesticides, paints,
      petroleum products, pesticides or other chemicals in individual containers
      of greater than five gallons in volume or fifty gallons in the aggregate,
      stored on or used at the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                13.

              	
                Are
      there currently any industrial drums (typically 55 gallon) or sacks of
      chemicals located on the property or at the facility located on the
      property?

              
	
                YES/NO/NS

              	
                14.

              	
                To
      the best of your knowledge, have there been any industrial drums
      (typically 55 gallon) or sacks of chemicals located on the property or at
      the facility located on the property in the past?

              
	
                YES/NO/NS

              	
                15.

              	
                To
      the best of your knowledge, has fill dirt been brought onto the property
      which originated from a contaminated site or which is of an unknown
      origin?

              
	
                YES/NO/NS

              	
                16.

              	
                Are
      there currently any sumps, pits, ponds or lagoons located on the property
      in connection with waste treatment or waste disposal?

              
	
                YES/NO/NS

              	
                17.

              	
                To
      the best of your knowledge, have there been any sumps, pits, ponds or
      lagoons located on the property in connection with waste treatment or
      waste disposal in the past?

              
	
                YES/NO/NS

              	
                18.

              	
                Is
      there currently any visible sign of spillage, staining, residues or
      corrosion, other than by water, in any of the facilities located on the
      property?

              
	
                YES/NO/NS

              	
                19.

              	
                To
      the best of your knowledge, has there been any visible signs of spillage,
      staining, residues or corrosion, other than by water, in any of the
      facilities located on the property in the past?

              
	
                YES/NO/NS

              	
                20.

              	
                Is
      there currently any stained soil or pavement on the
    property?

              
	
                YES/NO/NS

              	
                21.

              	
                To
      the best of your knowledge, has there been any stained soil or pavement on
      the property in the past?

              
	
                YES/NO/NS

              	
                22.

              	
                Are
      there currently any above or underground storage tanks located on the
      property?

              
	
                YES/NO/NS

              	
                23.

              	
                To
      the best of your knowledge, have there been any above or underground
      storage tanks located on the property in the past?

              
	
                YES/NO/NS

              	
                24.

              	
                Are
      there currently any vent pipes, fill pipes or access ways indicating a
      fill pipe protruding from the ground on the property or adjacent to any
      structure located on the property?

              
	
                YES/NO/NS

              	
                25.

              	
                To
      the best of your knowledge, have there been any vent pipes, fill pipes or
      access ways indicating a fill pipe protruding from the ground on the
      property or adjacent to any structure located on the property in the
      past?

              

      

       

      Environmental Site Assessment
Questionnaire

      Universal Tech Corporation

      Plant Pryor

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        	
                YES/NO/NS

              	
                26.

              	
                Are
      there currently any chemical or noxious odors on the property in violation
      of any environmental laws?

              
	
                YES/NO/NS

              	
                27.

              	
                To
      the best of your knowledge, have there been any chemical or noxious odors
      on the property in violation of any environmental laws in the
      past?

              
	
                YES/NO/NS

              	
                28.

              	
                If
      the property is served by a private well or non-public water system, has
      the Company identified contaminants in the well or system that exceed
      guidelines applicable to the water system?

              
	
                YES/NO/NS

              	
                29.

              	
                To
      the best of your knowledge, if the property is served by a private well or
      non-public water system, has the well been designated as contaminated by
      any government environmental/health agency?

              
	
                YES/NO/NS

              	
                30.

              	
                Does
      the property discharge waste water on or adjacent to the property other
      than storm water or into a sanitary sewer system?

              
	
                YES/NO/NS

              	
                31.

              	
                To
      the best of your knowledge, have any hazardous substances, wastes or
      petroleum products, unidentified waste materials, tires, automotive or
      industrial batteries or any other waste materials been dumped above grade,
      buried and/or burned on the property in violation of any environmental
      laws?

              
	
                YES/NO/NS

              	
                32.

              	
                Is
      there a transformer, capacitor, heavy electrical or any hydraulic
      equipment for which there are any records indicating the presence of
      PCBs?

              
	
                YES/NO/NS

              	
                33.

              	
                To
      the best of your knowledge, are there currently any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                34.

              	
                To
      the best of your knowledge, has there been any asbestos-containing
      material located in any facility located on the
  property?

              
	
                YES/NO/NS

              	
                35.

              	
                Do
      you have knowledge of hazardous substances, wastes or petroleum products
      being previously dumped, burned, buried or otherwise disposed of on the
      property in violation of any environmental laws?

              
	
                YES/NO/NS

              	
                36.

              	
                Do
      you have any knowledge of environmental liens or governmental notification
      relating to past or current violations of environmental laws with respect
      to the property or any facility located on the
property?

              
	
                YES/NO/NS

              	
                37.

              	
                Do
      you have knowledge of any release of hazardous substances or petroleum
      products with respect to the property or any facility located on the
      property in violation of any environmental laws, or of any report or
      records pertaining thereto?

              
	
                YES/NO/NS

              	
                38.

              	
                Do
      you have any knowledge of any environmental site assessment or report of
      the property or any facility located on the property that indicated the
      presence of hazardous substances or petroleum products on, or
      contamination of, the property or recommended further assessment of the
      property?

              
	
                YES/NO/NS

              	
                39.

              	
                Do
      you have knowledge of any past, threatened, or pending
  

              

      

       

      Environmentalj Site Assessment
Questionnaire

      Universal Tech Corporation

      Plant Pryor

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

      
        	
                 

              	
                 

              	
                lawsuits
      or administrative or regulatory proceedings concerning a release of any
      hazardous substance or petroleum products involving the
      property?

              
	
                YES/NO/NS

              	
                40.

              	
                Do
      you have knowledge of any past or present violations of any regulatory
      permits related to hazardous substances, wastes, wastewater discharge or
      air emissions with respect to the
property?

              

      

       

      
        	
                 

              	
                 

              	
                GOVERNMENT
      RECORDS/HISTORICAL SOURCES INQUIRY

              
	
                 

              	
                41.

              	
                To
      the best of your knowledge, do any of the following Federal government
      record systems list the Property or any property within the circumference
      of the area noted below:

              
	
                YES/NO/NS

              	
                ·

              	
                National
      Priorities List (NPL) - within 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Comprehensive
      Environmental Response Compensation and Liability Information (CERCLIS)
      List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Resource
      Conservation and Recovery Act (RCRA) Notifier List - within 1
      mile?

              
	 
      	 
      	 
      
	
                 

              	
                42.

              	
                To
      the best of your knowledge, do any of the following state record systems
      list the property within the circumference of the area noted
      below?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of hazardous waste sites
      identified for investigation or remediation that is the state agency
      equivalent to NPL - within approximately 1 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                List
      maintained by State environmental agency of sites identified for
      investigation or remediation that is the state equivalent to CERCLIS -
      within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Leaking
      Underground Storage Tank (LUST) List - within 1⁄2 mile?

              
	
                YES/NO/NS

              	
                ·

              	
                Solid
      Waste/Landfill Facilities - within 1⁄2
mile?

              

      

      

       This
Questionnaire was completed by:

      

      Name:  John
Carver

      Title:
Vice President

      Relationship
to the Property:   Owner

      Address:  16
South Pennsylvania Avenue

          Oklahoma
City, Oklahoma 73107

      Phone:     (405)
235-4546

      

      /John
Carver/

      Signature

      

      Date           December
2, 2002

       

      
        
           

        

        
          4 

          
            

          

        

        
           

        

      

      EXHIBIT
8.3

      

      Required
Consents

      

      None

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
8.4

      

      Legal Opinion -
Buyers

      

      

      

      December
6, 2002

      

      LSB
Industries Inc.

      Slurry
Explosive Corporation

      Universal
Tech Corporation

      El
Dorado Chemical Company

      LSB
Chemical Corp.

      Prime
Financial Corporation

      16 S.
Pennsylvania Avenue

      Oklahoma
City, Oklahoma 73106

      

      Gentlemen:

      

      We have
acted as special counsel to Energetic Systems Inc., LLC, UTeC Corporation, LLC,
SEC Investment Corp. LLC, DetaCorp Inc., LLC and Energetic Properties, LLC
(collectively, "Buyers"),
in connection with the Asset Purchase Agreement dated December 6, 2002 (the
"Agreement"),
by and among Buyers and LSB Industries, Inc., Slurry Explosive Corporation,
Universal Tech Corporation, El Dorado Chemical Company, LSB Chemical Corp. and
Prime Financial Corporation (collectively, “Sellers”).
This is the Opinion Letter contemplated by Section 8.4(a) of the Agreement. All
capitalized terms used in this Opinion Letter without definition have the
respective meanings given to them in the Agreement or the Accord referred to
below.

      

      This
Opinion Letter is governed by, and shall be interpreted in accordance with, the
Legal Opinion Accord (the "Accord")
of the ABA Section of Business Law (1991). Consequently, it is subject to a
number of qualifications, exceptions, definitions, limitations on coverage and
other limitations, all as more particularly described in the Accord, and this
Opinion Letter should be read in conjunction therewith. The law covered by the
opinions expressed herein is limited to the Federal Law of the United States and
the Law of the States of Texas.

      

      In basing
the opinions set forth herein on "our knowledge" or words of similar import,
such words signify that, in the course of our representation of Buyers as
described in this Opinion Letter, no facts have come to our attention that would
give the attorneys within our firm, who have been directly involved in
representing the Buyers in connection with the transactions described in the
Agreement, actual knowledge or actual notice that any such opinions or other
matters are not accurate. Except as stated in this Opinion Letter, we have not
undertaken any investigation or verification of such matters.

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Based
upon the foregoing, our opinion is as follows:

      

      
        	
                1.  

              	
                The
      Agreement, the Assignment and Assumption Agreement, the Assignment and
      Assumption of Lease Agreement, the Escrow Agreement, AN Supply Agreement,
      the Nitric Acid Supply Agreement, the Noncompetition Agreement, the Use
      and License Agreement, the Transitional Services Agreement and the Orica
      Noncompetition Letter Agreement (collectively, the “Transaction
      Agreements”) are enforceable against the Buyers that are parties
      thereto.

              

      

      
        	
                2.  

              	
                Each
      Buyer is a limited liability company duly organized, validly existing and
      in good standing under the laws of its state of organization with
      corporate power and authority to execute and deliver the Transaction
      Agreements to which it is a party and consummate the Contemplated
      Transactions.

              

      

      
        	
                3.  

              	
                Neither
      the execution and delivery of the Transaction Agreements nor the
      consummation of the Contemplated Transactions to our knowledge (a)
      violates any provision of the articles of organization of any Buyer; (b)
      breaches or constitutes a default (or an event that, with notice or lapse
      of time or both, would constitute a default) under any agreement or
      commitment to which Buyer is party, or (c) violates any statute, law,
      regulation or rule or any judgment, decree or order of any court or
      Governmental Body applicable to
Buyer.

              

      

      
        	
                4.  

              	
                To
      our knowledge, there is no Proceeding by or before any court or
      Governmental Body pending or threatened against or involving any Buyer
      that questions or challenges the validity of the Transaction Agreements or
      any action taken or to be taken by any Buyer pursuant to the Transaction
      Agreements or in connection with the Contemplated
      Transactions.

              

      

      

      This
Opinion Letter also incorporates by reference the Other Common Texas
Qualifications contained in the Report of the Legal Opinions Committee Regarding
Legal Opinions in Business Transactions (the "Texas
Report") of the Business Law Section of the State Bar of Texas (1992),
and this opinion should be read in conjunction with the Texas
Report.

      

      Very
truly yours,

      

      

      

      Jackson
Walker L.L.P.

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

    

    
      
	
Part 2.1(b)

        	  
	  	  	  	  	  	  
	LEASED TANGIBLE PERSONAL PROPERTY

        	  
	  	  	  	  	  	  
	  	  	  	  	  	  
	Lessor

        	  	Description of Equipment

        	  	Location

        	  
	  	  	  	  	  	  
	UTC

        	  	  	  	  	  
	U.S Bancorp Leasing

        	  	Energetics Facility & Equipment

        	  	Hallowell Manufacturing Plant

        	  
	United Leasing

        	  	2001 Chevy Pickup

        	  	Pruf Plant

        	  
	United Leasing

        	  	G25E Daewoo Forklift

        	  	Pruf Plant

        	  
	Sharp Financial

        	  	Canon Copier

        	  	R&D Lab

        	  
	Tipper Tie

        	  	(2) Tieing Machines

        	  	Pruf Plant

        	  
	Tipper Tie

        	  	Tieing Machine

        	  	Underwater Lab

        	  
	Pitney Bowes

        	  	Postage Meter

        	  	Hallowell Manufacturing Plant

        	  
	  	  	  	  	  	  
	SEC

        	  	  	  	  	  
	United Leasing

        	  	Plastic Tube Filling and Scaling Machine

        	  	Hallowell Manufacturing Plant

        	  
	Associates Leasing

        	  	G20S/LPS Daewoo Forklift

        	  	Hallowell Manufacturing Plant

        	  
	Associates Leasing

        	  	Svadala Hydraulic Track Drill

        	  	Pryor, OK

        	  
	Citicapital Leasing

        	  	Svadala Hydraulic Track Drill

        	  	Pryor, OK

        	  
	Midwest Leasing

        	  	1986 Tempe Reefer Cooling Unit

        	  	Hallowell Manufacturing Plant

        	  
	United Leasing

        	  	1995 International Tractor

        	  	Hallowell Manufacturing Plant

        	  
	United Leasing

        	  	1995 International Tractor

        	  	Pryor, OK

        	  
	United Leasing

        	  	2001 Chevy Silverado Pickup

        	  	Hallowell Manufacturing Plant

        	  
	United Leasing

        	  	1999 Ford F-250 Pickup

        	  	Hallowell Manufacturing Plant

        	  
	United Leasing

        	  	Semi-Tank Trailer

        	  	Pryor, OK

        	  
	United Leasing

        	  	Semi-Tank Trailer

        	  	Pryor, OK

        	  
	United Leasing

        	  	1998 Mack Pumper Truck

        	  	Pryor, OK

        	  
	RK Black

        	  	(2) Lanier Copiers

        	  	Oklahoma City, OK

        	  
	GE Capital TIP

        	  	48 Van Trailers

        	  	Hallowell Manufacturing Plant

        	  
	  	  	  	  	  	  
	  	  	  	  	  	  
	  	  	  	  	  	  
	Any asset subject to a lease reflected in Part 3.19(a), which Part is incorporated herein by reference.

        	  
	  	  	  	  	  	  

        

      
      
  

        
  

        

        
  

        

        

      
    

    Part 2.1(k)

    
      INDEMNIFICATION RIGHTS
RELATED TO ASSETS/

      ASSUMED
LIABILITIES

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are aware of
the following indemnification rights held by UTeC or SEC:

      

      
        	
                1.  

              	
                Any
      indemnification rights reflected in the documents referenced in Parts 3.6,
      3.7, 3.8(a), 3.8(b), or 3.19(a) (which Parts are incorporated herein by
      reference).

              

      

      
        	
                2.  

              	
                Those
      indemnification rights reflected in the following documents (copies of
      which have been provided to
Buyers):

              

      

      
        	
                (a)  

              	
                Real
      Estate Purchase and Option Agreement, dated February 16, 1999, between SEC
      and Leon Epler regarding the purchase of two (2) 40 acre tracts at the
      Hallowell, Kansas facility.

              

      

      
        	
                (b)  

              	
                Asset
      Purchase Agreement, dated June 1, 1990, by and between Thermex Energy
      Corporation and UTeC, regarding assets related to UTeC’s R&D Lab,
      Riverton, Kansas, UTeC’s Underwater Lab, Hallowell, Kansas, and
      Intellectual Property.

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.1

      

      SELLERS’ JURISDICTION OF
INCORPORATION/

      QUALIFICATION TO DO
BUSINESS

      

      

      

      
        	
                1.  

              	
                Slurry
      Explosive Corporation (“SEC”), an Oklahoma corporation, is qualified to do
      business in the following states:

              

      

      
        	
                a.  

              	
                North
      Dakota

              

      

      
        	
                b.  

              	
                Kansas

              

      

      
        	
                c.  

              	
                Missouri

              

      

      
        	
                d.  

              	
                New
      Mexico

              

      

      
        	
                e.  

              	
                Utah

              

      

       

      
        	
                2. 
      

              	
                Universal
      Tech Corporation (“UTeC”), an Oklahoma corporation, is qualified to do
      business in the State of Kansas.

              

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.2(b)

      

      ADVERSE EFFECTS OF EXECUTION
OF AGREEMENT BY SELLERS

      

      

      
        	
                (1)  

              	
                Pursuant
      to the transactions contemplated by the Asset Purchase Agreement under
      which the Disclosure Letter is provided, El Dorado Chemical Company
      (“EDC”) is to enter into with Buyers the AN Supply Agreement (the “Supply
      Agreement”).  EDC’s ability to perform under the Supply
      Agreement requires factual interpretation of the business of Sellers prior
      to entering into the agreements with Orica USA Inc. of November 1, 2001
      (the “Orica Agreements”).  Accordingly there may be adverse
      effects regarding the above.

              

      

      
        	
                (2)  

              	
                Pursuant
      to the transactions contemplated by the Asset Purchase Agreement under
      which the Disclosure Letter is provided, Buyer and either Slurry Explosive
      Corporation (“SEC”) or Universal Tech Corporation (“UTeC”) are to enter
      into use and/or license agreements (collectively, the “Use Agreements”)
      with respect to certain personal property, vehicles and/or equipment which
      are the subject of pre-existing leases between SEC and/or UTeC and some
      third party (collectively, the “Third Party Leases”).  The
      existence of and the obligations of SEC or UTeC under these Use Agreements
      may not be permitted under certain of the pre-existing Third Party Leases
      and accordingly there may be adverse effects regarding the
      above.

              

      

      
        	
                (3)  

              	
                Pursuant
      to the transactions contemplated by the Asset Purchase Agreement under
      which the Disclosure Letter is provided, SEC and UTeC are assigning and
      transferring to Buyers certain Seller Contracts absent the necessary
      Consents to such assignments and transfers.  The transfer and
      assignment of such Seller Contracts without the necessary Consent may not
      be permitted under those Seller
Contracts.

              

      

      
        	
                (4)  

              	
                Pursuant
      to the transactions contemplated by the Asset Purchase Agreement under
      which the Disclosure Letter is provided, UTeC is assigning and
      transferring to Buyers UTeC’s rights in the equipment and associated
      facility known as the “Pruf Plant” in Hallowell,
      Kansas.  Although neither party can locate the contract between
      UTeC and Chemical Systems Division of United Technologies Corporation
      (“CSD”) relating to the possession and use of the Pruf Plant, it is the
      parties mutual recollection that UTeC can continue to use the Pruf Plant
      so long as it is being used to process rocket motors, and that in the
      event the Pruf Plant is not used to process rocket motors, CSD can take
      possession and remove the Pruf
Plant.

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.2(c)

      

      REQUIRED NOTICES AND
CONSENTS

      

      

      Universal Tech
Corporation

      

      
        	
                1.  

              	
                Lease
      from PLP Investment, Inc. (assigned to Preston Forest Associates, Ltd.) to
      Universal Tech Corporation (“UTeC”), dated June 5, 1992, on UTeC’s Dallas
      office space, as amended on August 30, 1993, March 21, 1996 and August 1,
      1998.

              

      

      
        	
                2.  

              	
                Lease
      and Operating Agreement (With Right of First Refusal and Option to
      Purchase), dated September 25, 1990, from IRECO Incorporated to UTeC,
      regarding UTeC’s Underwater Lab, Hallowell,
  Kansas.

              

      

      
        	
                3.  

              	
                Rights
      and obligations of UTeC under assignment of Lease Agreement, dated as of
      April 11, 2001, for seventy monthly payments commencing on October 20,
      2001, by and between U.S. Bancorp Leasing & Financial and Slurry
      Explosive Corporation (“SEC”), regarding certain equipment associated with
      the Hallowell, Kansas Facility, pursuant to assignment in May 14, 2002
      Asset Purchase and Sale Agreement between SEC and
  UTeC.

              

      

      
        	
                4.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing March 16, 2000,
      and continuing for 60 months, regarding G25E Daewoo
    Forklift.

              

      

      
        	
                5.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

              

      

      
        	
                6.  

              	
                Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

              

      

      
        	
                7.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 17, 1999, continuing on a quarterly
      by quarterly basis until terminated, regarding water cooler at the Pruf
      Plant, Hallowell, Kansas.

              

      

      
        	
                8.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 1, 1995, continuing on a quarterly by
      quarterly basis until terminated, regarding water cooler at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

      

      
        	
                9.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated September 27, 1985, continuing on a 6
      

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      
        	
                
                   

                

              	
                
                  months by 6 months basis
      until terminated, regarding water cooler at UTeC’s R&D Lab, Riverton,
      Kansas.

                

              

      

      
        	
                10.  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC, dated
      June 28, 1995, renewed through June, 2003, regarding two (2) tieing
      machines at UTeC’s Pruf Plant, Hallowell,
  Kansas.

              

      

      
        	
                11.  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC,
      renewed through January, 2003, regarding a tieing machine at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

      
        	
                12.  

              	
                Month
      to month Q.C. Testing Fee Agreement between UTeC and Ireco (now Dyno
      Nobel, Inc.), dated October 14, 1991, regarding quality control testing by
      UTeC at UTeC’s Underwater Lab, Hallowell,
  Kansas.

              

      

      
        	
                13.  

              	
                Testing
      Fee Agreement between UTeC and Nelson Brothers LLC, dated September 27,
      2002, regarding specifically delineated testing by UTeC at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

      
        	
                14.  

              	
                Irrevocable
      $178,597.12 (US) Letter of Credit from Banco Ganadero as issuing bank
      confirmed by Banco Bilbao Vizcaya Argentaria for the benefit of UTeC,
      issued September 5, 2002, and with expiry date of December 4, 2002,
      regarding sales to Industria
Militar.

              

      

      
        	
                15.  

              	
                Quote
      from UTeC to Industria Militar for $453,717.51 (US) in sales of raw
      materials during first half of
2003.

              

      

      
        	
                16.  

              	
                Proprietary
      Information Disclosure Agreement between SEC and TPL, Inc., dated October
      3, 1999, terminating October 3, 2004, regarding each party’s Proprietary
      Information.

              

      

      
        	
                17.  

              	
                Employment
      Agreement between UTeC and Oldrich Machacek dated June 5, 1990,
      terminating upon 60 days notice.

              

      

      
        	
                18.  

              	
                Postage
      Meter Rental Agreement between UTeC and Pitney Bowes, dated September 23,
      2002, continuing for one year, regarding UTeC’s assumption of SEC’s
      obligations for a postage meter at the Hallowell, Kansas
      Facility.

              

      

      
        	
                19.  

              	
                Consulting
      Agreement between UTeC and Pieter de Wit, dated January 1, 1996, as orally
      amended and extended to December 31, 2002, regarding the providing of
      consulting services related to demilitarization
  projects.

              

      

      
        	
                20.  

              	
                Confidentiality
      Agreement, last signed October 16,2001, and continuing for five (5) years,
      by and between UTeC and Aliachem a.s., regarding confidential information
      provided for discussion of the possible sale of a business owned by
      Aliachem a.s.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      
 

      
        	
                21.  

              	
                Mortgage,
      Assignment of Rents and Security Agreement executed by UTeC in favor of
      Guggenheim Investment Management, LLC, et al. (“Guggenheim”), dated May
      24, 2002, filed June 6, 2002 at 3:15 PM in Book 290 of Mortgages at Pages
      217-243 in the office of the Register of Deeds, Cherokee County,
      Kansas.

              

      

      
        	
                22.  

              	
                Mortgage,
      Assignment of  Rents and Security Agreement executed by UTeC, in
      favor of Foothill Capital Corporation (“Foothill”), dated May 24, 2002,
      filed June 6, 2002 at 3:25 PM in Book 290 of Mortgages at Pages 244-272 in
      the office of the Register of Deeds, Cherokee County,
    Kansas.

              

      

      
        	
                23.  

              	
                Mortgage
      Subordination and Standstill Agreement in favor of Guggenheim, executed by
      Foothill, Guggenheim and UTeC, filed June 6, 2002 at 3:35 PM in Book 92 of
      Miscellaneous at Pages 673-686 in the office of the Register of Deeds,
      Cherokee County, Kansas.

              

      

       

      Slurry Explosive
Corporation

      

      
        	
                1.  

              	
                Lease
      Agreement between Farmer’s Co-op Association and SEC, dated November 28,
      2001, regarding property adjacent to railroad at or near Hallowell,
      Kansas.

              

      

      
        	
                2.  

              	
                SEC’s
      rights under Industry Track Lease Agreement between South Kansas and
      Oklahoma Railroad and El Dorado Chemical Company, dated as of August 1,
      1998, regarding railroad track at or near Hallowell,
    Kansas.

              

      

      
        	
                3.  

              	
                Office
      Lease Agreement from Nations Bank N.A. (assigned to American Heart
      Association) to SEC, dated September 15, 1997, regarding SEC’s Portland
      Plaza, Oklahoma City, Oklahoma administrative office
  space.

              

      

      
        	
                4.  

              	
                Confidential
      Rail Transportation Contract between SEC and Union Pacific Railroad
      Company ,dated effective January 1, 2002, expiring July 31, 2002 but
      informally continuing, regarding line-haul
  transportation.

              

      

      
        	
                5.  

              	
                Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

              

      

      
        	
                6.  

              	
                Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

              

      

      
        	
                7.  

              	
                O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      
 

      
        	
                8.  

              	
                Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic renewals
      for like periods unless terminated 60 days before end of any term,
      regarding garment services for employee
  uniforms.

              

      

      
        	
                9.  

              	
                Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

              

      

      
        	
                10.  

              	
                Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

              

      

      
        	
                11.  

              	
                Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

              

      

      
        	
                12.  

              	
                Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

              

      

      
        	
                13.  

              	
                Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

              

      

      
        	
                14.  

              	
                Purchase
      Agreement between General Dynamics Ordinance and Tactical Systems and SEC,
      dated March 11, 2002, final payment due October 15, 2002, regarding
      watergel slurry production equipment purchased from Marion,
      Illinois.

              

      

      
        	
                15.  

              	
                Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

              

      

      
        	
                16.  

              	
                Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

              

      

      
        	
                17.  

              	
                Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

              

      

      
        	
                18.  

              	
                Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

       

      
        	
                19.  

              	
                Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

              

      

      
        	
                20.  

              	
                Emergency
      Response Telecommunication Service Agreement between Chem-Tel, Inc. and
      SEC dated March 25, 1997, renewed through December 31, 2002, regarding
      24-hour emergency phone answering
services.

              

      

      
        	
                21.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated May 2, 1997,
      and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0049, 1995
Kenworth.

              

      

      
        	
                22.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated September 18,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0055, 1999
Peterbilt.

              

      

      
        	
                23.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated June 25,
      1999, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0058, 2000
Peterbilt.

              

      

      
        	
                24.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 23,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0053, 1999
Peterbilt.

              

      

      
        	
                25.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated September 14,
      2000, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0059, 2001
Peterbilt.

              

      

      
        	
                26.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 13,
      2001, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0060, 2000
Peterbilt.

              

      

      
        	
                27.  

              	
                Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

              

      

      
        	
                28.  

              	
                Rental
      Agreement between Pitney Bowes, Inc. and SEC, dated April 4, 1989, expired
      April 4, 1989, but now paid quarterly, in advance, regarding postage meter
      for SEC’s Oklahoma City, Oklahoma
office.

              

      

      
        	
                29.  

              	
                Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 9, 2002, regarding security patrol at Hallowell,
      Kansas Facility.

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

      
 

      
        	
                30.  

              	
                Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 22, 2002, regarding telephone for security patrol at
      Hallowell, Kansas Facility.

              

      

      
        	
                31.  

              	
                Cleaning
      Service Contract between SEC and Safety-Kleen Systems, Inc., dated May 2,
      2002, expires May 2, 2003, regarding cleaning/services provided to SEC at
      Hallowell, Kansas Facility.

              

      

      
        	
                32.  

              	
                Construction
      Agreement between SEC and Mid Central Contract Services, Inc., dated
      August 7, 2002, regarding construction efforts at Hallowell, Kansas
      Facility for $208,721.00.

              

      

      
        	
                33.  

              	
                Service
      Agreement between SEC and U.S. Cellular dated September 23, 2002, expiring
      September 23, 2003, for cell phone services at Pryor, Oklahoma
      Facility.

              

      

      
        	
                34.  

              	
                Pricing
      Agreement between SEC and Heartland Cement through January 31, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

              

      

      
        	
                35.  

              	
                Pricing
      Agreement between SEC and Lone Star Industries through January 1, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

              

      

      
        	
                36.  

              	
                Wireless
      Services Agreement between SEC and AT&T Wireless, expiring April, May
      (two phones) and December, 2003, regarding four cell phone services at
      Hallowell, Kansas Facility.

              

      

      
        	
                37.  

              	
                Marketing
      and Supply Agreement between SEC and Austin Powder Company dated October
      5, 1994, terminated as to exclusivity only effective October 5, 1997, but
      otherwise terminable upon sixty days notice prior to the October 5
      automatic annual renewal, regarding Austin Powder Company’s marketing and
      distributing efforts of watergel products for forest fire fighting and
      timber boundary demarcation
applications.

              

      

      
        	
                38.  

              	
                Confidential
      Disclosure Agreement between SEC and Boyd J. Wathen (“Wathen”), dated
      October 8, 2002, with no expiration date, regarding the protection of
      Wathen’s information and ideas related to explosives/blasting agents which
      incorporate perchlorate and the formulations and methods of making
      same.

              

      

      
        	
                39.  

              	
                Agreement
      between SEC and Oil, Chemical and Atomic Workers International Union,
      AFL-CIO, Local 5-508, dated March 31, 1997, ending February 5, 1999,
      regarding terms and conditions of
employment.

              

      

      
        	
                40.  

              	
                Last,
      Best & Final Package Proposal of SEC for Agreement with Paper, Allied
      Industrial, Chemical and Energy Workers International Union Local 5-508
      AFL-

              

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                
                   

                

              	
                
                  CIO, dated February 3, 1999,
      regarding changes and renewal of March 31, 1997 Agreement reflected
      above.

                

              

      

      
        	
                41.  

              	
                Final
      Offer – SEC’s Final Proposal on “Effects” Related to the Company’s
      Inability to Continue to Manufacture Explosives because of Loss of
      License, dated February 13, 2002, amended February 18, 2002, regarding
      effects on SEC’s inability to manufacture on bargaining unit
      personnel.

              

      

      
        	
                42.  

              	
                Confidentiality
      Agreement between SEC and KESCO, Inc. (“KESCO”), dated September 19, 1994,
      with no expiration date, regarding information received from KESCO for
      purposes of evaluating the possible acquisition of KESCO by
      SEC.

              

      

      
        	
                43.  

              	
                Confidentiality
      Agreement between SEC and Union Espanola de Explosivos, S.A. (“UEE”),
      dated May 10, 2002, expiring May 10, 2007, regarding SEC’s information
      provided to UEE for purposes of evaluating the possible acquisition of
      SEC’s Hallowell, Kansas Facility.

              

      

      
        	
                44.  

              	
                Premium
      Financing Agreement between SEC and Premier Financing Specialists, Inc.,
      dated effective April 1, 2002, ending January 1, 2003, regarding the
      premium financing on liability policy from Sorema North America Reins
      Co.

              

      

      
        	
                45.  

              	
                Workers
      Compensation monthly insurance premiums to be paid to Berkley Risk, dated
      April 1, 2002, expiring April 1, 2003, regarding monthly payments for
      premiums.

              

      

      
        	
                46.  

              	
                Lease
      Agreement between SEC and Conseco Finance Vendor Services Corporation,
      dated December 22, 2000, continuing for 24 months, with $1.00 purchase
      option, regarding computers at SEC’s Oklahoma City, Oklahoma
      office.

              

      

      
        	
                47.  

              	
                1993
      Severance Agreement between LSB and Bill Manion, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

              

      

      
        	
                48.  

              	
                1993
      Severance Agreement between LSB and Paul Keeling, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

              

      

      
        	
                49.  

              	
                Trademark
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain
trademarks.

              

      

      
        	
                50.  

              	
                Patent
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain
patents.

              

      

       

      
        
           

        

        
          7 

          
            

          

        

        
           

        

      

      Both UTeC and SEC are
Parties

      

      
        	
                1.  

              	
                Loan
      and Security Agreement between Foothill and UTeC and SEC, et al., dated
      April 13, 2001, regarding working capital line of credit (the “Foothill
      Loan”).

              

      

      
        	
                2.  

              	
                First
      Amendment to Loan and Security Agreement, dated August 3, 2001, amending
      the Foothill Loan.

              

      

      
        	
                3.  

              	
                Second
      Amendment to Loan and Security Agreement, dated May 24, 2002, amending the
      Foothill.

              

      

      
        	
                4.  

              	
                Lockbox
      Operating Procedural Agreement between Foothill and UTeC and SEC, et al.,
      dated April 13, 2001, regarding operation of lockbox for
      receivables.

              

      

      
        	
                5.  

              	
                Securities
      Purchase Agreement between Guggenheim and UTeC and SEC, et al., dated May
      24, 2002, regarding the purchase by Guggenheim of certain Notes (the
      “Securities Purchase Agreement”).

              

      

      
        	
                6.  

              	
                Guaranty
      by SEC and UTeC, et al. to Guggenheim, dated May 24, 2002, regarding debt
      created by Securities Purchase
Agreement.

              

      

      
        	
                7.  

              	
                Indenture
      between ClimaChem, Inc., Bank One, NA, UTeC and SEC, et al., as
      Guarantors, dated November 26, 1997, regarding the issuance of Senior
      Notes (the “Indenture”).

              

      

      
        	
                8.  

              	
                Guaranty
      by UTeC and SEC and other affiliates with respect to the
      Indenture.

              

      

      

      
        
           

        

        
          8 

          
            

          

        

        
           

        

      

    

    

      Part 3.6

      

      DESCRIPTION OF OWNED REAL
PROPERTY

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are parties
to or subject to the following real property deeds and documents effecting title
to real property (copies of which have been provided to Buyers):

      

      
        	
                1.  

              	
                Corrective
      Warranty Deed from Slurry Explosive Corporation (“SEC”) to Universal Tech
      Corporation (“UTeC”) dated May 31, 2002, recorded June 6, 2002 in Book
      253, Page 604, regarding Hallowell, Kansas
  Facility.

              

      

      
        	
                2.  

              	
                Warranty
      Deed from Thermex Energy Corporation to UTeC, dated February 21, 1992,
      recorded December 1, 1992 in Book 230, Page 480 (Cherokee County, Kansas),
      regarding UTeC’s R&D Lab, Riverton,
Kansas.

              

      

      
        	
                3.  

              	
                Declaration
      of Restrictive Covenants, dated January 20, 1993, by and among Allco
      Chemical Corporation, Chevron U.S.A., Inc., Koch Chemical Company and
      UTeC, regarding UTeC’s R&D Lab, Riverton,
  Kansas.

              

      

      
        	
                4.  

              	
                Declaration
      of Restrictive Covenants Regarding Groundwater, dated November 11, 1999,
      by and among Inspec USA, Inc., Chevron Chemical Company LLC, Chevron USA
      Inc., Koch Chemical Company and UTeC, regarding UTeC’s R&D Lab,
      Riverton, Kansas.

              

      

      
        	
                5.  

              	
                Memorandum
      Giving Notice of Agreement, last signed May 10, 1999, by and between
      Inspec USA, Inc., Chevron Chemical Company LLC, Chevron USA Inc., Koch
      Chemical Company and UTeC, regarding UTeC’s R&D Lab, Riverton,
      Kansas.

              

      

      
        	
                6.  

              	
                Warranty
      Deed from James W. Keen and Janice E. Keen to Prime Financial Corporation
      (“Prime”), dated January 6, 1995, recorded January 9, 1995 in Book 789,
      Page 459 (Mayes County, Oklahoma), regarding SEC’s Pryor, Oklahoma
      Facility.

              

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.7

      

      DESCRIPTION OF LEASED REAL
PROPERTY

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are parties
to or subject to the following real property leases and agreements (copies of
which have been provided to Buyers):

      

      
        	
                1.  

              	
                Industrial
      Lease from UTeC to SEC, dated May 14, 2002, regarding the Hallowell,
      Kansas Facility.

              

      

      
        	
                2.  

              	
                Lease
      from PLP Investment, Inc. (assigned to Preston Forest Associates, Ltd.) to
      UTeC, dated June 5, 1992, on UTeC’s Dallas office space, as amended on
      August 30, 1993, March 21, 1996 and August 1,
  1998.

              

      

      
        	
                3.  

              	
                Lease
      and Operating Agreement (With Right of First Refusal and Option to
      Purchase), dated September 25, 1990, from IRECO Incorporated to UTeC,
      regarding UTeC’s Underwater Lab, Hallowell,
  Kansas.

              

      

      
        	
                4.  

              	
                Lease
      between Prime Financial Corporation and SEC, dated February 15, 1995,
      regarding SEC’s Pryor, Oklahoma
Facility.

              

      

      
        	
                5.  

              	
                Lease
      Agreement between Farmer’s Co-op Association and SEC, dated November 28,
      2001, regarding property adjacent to railroad at or near Hallowell,
      Kansas.

              

      

      
        	
                6.  

              	
                SEC’s
      rights under Industry Track Lease Agreement between South Kansas and
      Oklahoma Railroad and El Dorado Chemical Company, dated as of August 1,
      1998, regarding railroad track at or near Hallowell,
    Kansas.

              

      

      
        	
                7.  

              	
                Office
      Lease Agreement from Nations Bank N.A. (assigned to American Heart
      Association) to SEC, dated September 15, 1997, regarding SEC’s Portland
      Plaza, Oklahoma City, Oklahoma administrative office
  space.

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

      Part 3.8(a)

      

      REAL ESTATE
ENCUMBRANCES

      AND

      PERMITTED REAL ESTATE
ENCUMBRANCES

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are aware of
the following Permitted Real Estate Encumbrances:

      

      
        	
                1.  

              	
                Any
      (i) Encumbrances securing Taxes, assessments and governmental charges not
      yet due and payable or being contested in good faith, (ii) Encumbrances
      arising from customary zoning law or ordinance or any similar Legal
      Requirement, (iii) Encumbrances arising from customary right reserved to
      any Governmental Authority to regulate the affected property, (iv) as to
      all Owned Real Property, any Encumbrance (other than Encumbrances securing
      indebtedness or arising out of the obligation to pay money) which does not
      and shall not individually or in the aggregate with one or more other
      Encumbrances interfere with the right or ability to own, use, enjoy or
      operate the Owned Real Property as it is currently being used or operated,
      or to convey good, marketable and indefeasible fee simple title to the
      same (with respect to Owned Property) or materially detract from its
      value, and (v) any inchoate materialmen’s, mechanic’s, workmen’s,
      repairmen’s or other like Encumbrances arising in the ordinary course of
      business.

              

      

      

      
        	
                2.  

              	
                Any
      Encumbrances or encroachments reflected in the following title insurance
      policies (copies of which have been provided to
  Buyers):

              

      

      

      
        	
                (a)  

              	
                March
      23, 2000 Title Insurance Policy by Chicago Title on East new 40-acre tract
      at Hallowell, Kansas Facility.

              

      

      

      
        	
                (b)  

              	
                April
      22, 1999 Title Insurance Policy by Chicago Title on West new 40-acre tract
      at Hallowell, Kansas Facility.

              

      

      

      
        	
                (c)  

              	
                February
      18, 1992 Title Insurance Policy by Chicago Title on Old Hallowell, Kansas
      Facility.

              

      

      

      
        	
                (d)  

              	
                December
      1, 1992 Title Insurance Policy by Chicago Title on R&D Lab, Riverton,
      Kansas.

              

      

      

      
        	
                (e)  

              	
                January
      9, 1995 Title Insurance Policy by First American Title on Pryor, Oklahoma
      Facility.

              

      

      

      
        	
                (f)  

              	
                June
      6, 2002 Title Insurance Policy by Chicago Title on all of Hallowell,
      Kansas Facility.

              

      

      

      
        	
                3.  

              	
                Any
      Encumbrances or encroachments reflected in the following real property
      surveys (copies of which have been provided to
  Buyers):

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                (a)  

              	
                June
      4, 2002 survey (copies attached) by Don Fleury & Associates, of all
      tracts at Hallowell, Kansas
Facility.

              

      

      

      
        	
                (b)  

              	
                April
      1, 1999 survey by Don Fleury & Associates, of two (2) new 40-acre
      tracts at Hallowell, Kansas
Facility.

              

      

      

      
        	
                (c)  

              	
                August
      17, 1997 survey by Don Fluery & Associates, of East new 40-acre tract
      at Hallowell, Kansas Facility.

              

      

      

      
        	
                (d)  

              	
                August
      29, 1997 survey by Don Fleury & Associates of West new 40-acre tract
      at Hallowell, Kansas Facility.

              

      

      

      
        	
                (e)  

              	
                September
      29, 1992 survey by Ronald K. Albertini, of old tract at Hallowell, Kansas
      Facility.

              

      

      

      
        	
                (f)  

              	
                December
      8, 1994 survey by Max A. Woollard, of Pryor, Oklahoma
      Facility.

              

      

      

      
        	
                4.  

              	
                Any
      Encumbrances or encroachments which may be reflected in the document
      referenced in Part 3.6 or Part 3.7 (which Parts are incorporated herein by
      reference).

              

      

      

      
        	
                5.  

              	
                Encumbrances
      reflected in the following documents referenced in Part 3.19(a) (copies of
      which have been provided to Buyers as documents referenced in Part
      3.19(a)):

              

      

      

      
        	
                (a)  

              	
                Consent
      Agreement in The
      Matter of Pollution at Former Gulf Oil Company Jayhawk Plant, Galena,
      Kansas, Case No. 98-E-0109, Kansas Department of Health and
      Environment, last signed June 16, 1999, termination upon KDHE’s notice
      that the terms have been satisfactorily
  completed.

              

      

      

      
        	
                (b)  

              	
                Consent
      Order entered in The Matter of
      Pollution at Slurry Explosive Corporation, Hallowell, Kansas, Case
      No. 02-E-0049, Kansas Department of Health and Environment (“KDHE”), dated
      April 22, 2002, terminating upon KDHE’s notice that terms have been
      satisfactorily completed.

              

      

      

      
        	
                (c)  

              	
                Phase
      IV Agreement, dated June 16, 1999, by and among Inspec USA, Inc., Chevron
      Chemical Company LLC, Chevron USA, Inc., Koch Chemical Company and UTeC,
      regarding UTeC’s R&D Lab, Riverton,
Kansas.

              

      

      

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

    

    

      Part
3.8(b)

      

      NON-REAL ESTATE
ENCUMBRANCES

      AND PERMITTED NON-REAL
ESTATE ENCUMBRANCES

      

      

      Universal Tech Corporation (“UTeC”) and
Slurry Explosive Corporation (“SEC”) are aware of the following Permitted
Non-Real Estate Encumbrances:

      

      
        	
                1.  

              	
                Any
      (i) Encumbrances securing Taxes, assessments and governmental charges not
      yet due and payable or being contested in good faith, and (ii)
      Encumbrances arising from customary right reserved to any Governmental
      Authority to regulate the affected
property.

              

      

      

      
        	
                2.  

              	
                Encumbrances
      reflected in the following documents referenced in Part 3.19(a) (copies of
      which have been provided to Buyers as documents referenced in Part
      3.19(a)):

              

      

      

      
        	
                (a)  

              	
                Rights
      and obligations of UTeC under assignment of Lease Agreement, dated as of
      April 11, 2001, for seventy monthly payments commencing on October 20,
      2001, by and between U.S. Bancorp Leasing & Financial and SEC,
      regarding certain equipment associated with the Hallowell, Kansas
      Facility, pursuant to assignment in May 14, 2002 Asset Purchase and Sale
      Agreement in the section of this list entitled “Agreement between SEC and
      UTeC” below.

              

      

      

      
        	
                (b)  

              	
                Equipment
      Lease between G.E. Capital Modular Space and UTeC, dated March 29, 1995,
      expiring March 29, 1995 but continuing on a month to month basis
      thereafter, regarding office trailer at Underwater Lab, Hallowell,
      Kansas.

              

      

      

      
        	
                (c)  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing March 16, 2000,
      and continuing for 60 months, regarding G25E Daewoo
    Forklift.

              

      

      

      
        	
                (d)  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

              

      

      

      
        	
                (e)  

              	
                Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

              

      

      

      
        	
                (f)  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 17, 1999, continuing on a quarterly
      by quarterly basis until terminated, regarding water cooler at the Pruf
      Plant, Hallowell, Kansas.

              

      

      

      
        	
                (g)  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 1, 1995, continuing on a quarterly by
      

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      
        	
                
                   

                

              	
                
                  quarterly basis until
      terminated, regarding water cooler at UTeC’s Underwater Lab, Hallowell,
      Kansas.

                

              

      

       

      
        	
                (h)  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated September 27, 1985, continuing on a 6
      months by 6 months basis until terminated, regarding water cooler at
      UTeC’s R&D Lab, Riverton,
Kansas.

              

      

      

      
        	
                (i)  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC, dated
      June 28, 1995, renewed through June, 2003, regarding two (2) tieing
      machines at UTeC’s Pruf Plant, Hallowell,
  Kansas.

              

      

      

      
        	
                (j)  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC,
      renewed through January, 2003, regarding a tieing machine at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

      

      
        	
                (k)  

              	
                Technology
      and Know-How License Agreement between UTeC and Explosivos de Norteamerica
      S.A. de C.V., dated January 1, 1997, terminating on January 1, 2007,
      regarding use of UTeC technology and know-how to manufacture and sell
      product in Mexico on an exclusive basis so long as a 2,000 metric tons per
      year volume is sustained.

              

      

      

      
        	
                (l)  

              	
                License
      and Processing Agreement between SEC and TPL, Inc., dated December 9,
      1999, for continuing one year terms until 12 months notice is given,
      regarding the use of SEC’s Technical Information to produce product solely
      for SEC.

              

      

      

      
        	
                (m)  

              	
                Postage
      Meter Rental Agreement between UTeC and Pitney Bowes, dated September 23,
      2002, continuing for one year, regard UTeC’s assumption of SEC’s
      obligations for a postage meter at the Hallowell, Kansas
      Facility.

              

      

      

      
        	
                (n)  

              	
                Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

              

      

      

      
        	
                (o)  

              	
                Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

              

      

      

      
        	
                (p)  

              	
                O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

              

      

      

      
        	
                (q)  

              	
                Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic
      

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      
        	
                
                   

                

              	
                
                  renewals for like periods
      unless terminated 60 days before end of any term, regarding garment
      services for employee uniforms.

                

              

      

       

      
        	
                (r)  

              	
                Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

              

      

      

      
        	
                (s)  

              	
                Equipment
      Lease between Midwest Leasing Co. and SEC, dated May 6, 2002, and
      continuing for 12 months (at which time SEC becomes owner), regarding 1986
      Tempe Reefer Cooling Unit for Kinepak Plant located at Hallowell, Kansas
      Facility.

              

      

      

      
        	
                (t)  

              	
                Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

              

      

      

      
        	
                (u)  

              	
                Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

              

      

      

      
        	
                (v)  

              	
                Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

              

      

      

      
        	
                (w)  

              	
                Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

              

      

      

      
        	
                (x)  

              	
                Purchase
      Agreement between General Dynamics Ordinance and Tactical Systems and SEC,
      dated March 11, 2002, final payment due October 15, 2002, regarding
      watergel slurry production equipment purchased from Marion,
      Illinois.

              

      

      

      
        	
                (y)  

              	
                Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

              

      

      

      
        	
                (z)  

              	
                Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

              

      

      

      
        	
                (aa)  

              	
                Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                (bb)  

              	
                Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

              

      

      

      
        	
                (cc)  

              	
                Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

              

      

      

      
        	
                (dd)  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated May 2, 1997,
      and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0049, 1995
Kenworth.

              

      

      

      
        	
                (ee)  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated September 18,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0055, 1999
Peterbilt.

              

      

      

      
        	
                (ff)  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated June 25,
      1999, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0058, 2000
Peterbilt.

              

      

      

      
        	
                (gg)  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 23,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0053, 1999
Peterbilt.

              

      

      

      
        	
                (hh)  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated September 14,
      2000, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0059, 2001
Peterbilt.

              

      

      

      
        	
                (ii)  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 13,
      2001, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0060, 2000
Peterbilt.

              

      

      

      
        	
                (jj)  

              	
                Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

              

      

      

      
        	
                (kk)  

              	
                Rental
      Agreement between Pitney Bowes, Inc. and SEC, dated April 4, 1989, expired
      April 4, 1989, but now paid quarterly, in advance, regarding postage meter
      for SEC’s Oklahoma City, Oklahoma
office.

              

      

      

      
        	
                (ll)  

              	
                Construction
      Agreement between SEC and Mid Central Contract Services, Inc., dated
      August 7, 2002, regarding construction efforts at Hallowell, Kansas
      Facility for $208,721.00.

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      
 

      
        	
                (mm)  

              	
                Non-exclusive
      License Agreement between SEC and Total Energy Systems Limited (“TES”),
      dated October 1, 1996, as amended and assigned in that Assignment and
      Amendment of the Slurry Explosive Corporation License Agreement between
      SEC, TES and Quantum Explosives Pty. Ltd., dated August 2, 1999,
      continuing through end of use or breach, regarding use of SEC’s patent
      rights or technical information to manufacture and sell specific products
      in plants in Australia, New Zealand, New Guinea, Fiji, Myanmar and Soloman
      Islands.

              

      

      

      
        	
                (nn)  

              	
                Asset
      Sale and Purchase agreement between SEC and ICI Explosives USA, Inc.
      (“ICI”), dated as of November 30, 2000, regarding SEC’s acquisition of
      ICI’s Kinepak Business and Kinepak
Assets.

              

      

      

      
        	
                (oo)  

              	
                Lease
      Agreement between SEC and Conseco Finance Vendor Services Corporation,
      dated December 22, 2000, continuing for 24 months, with $1.00 purchase
      option, regarding computers at SEC’s Oklahoma City, Oklahoma
      office.

              

      

      

      
        	
                (pp)  

              	
                Stipulation
      for Compromise Settlement in United States of
      America v. 1.5 Blasting Agents, et al., Civil Case No. 0201096-WEB,
      U.S.D.C., District of Kansas dated October, 2002, consenting to the
      forfeiture of product seized by the
ATF.

              

      

      

      
        	
                3.  

              	
                Encumbrances
      reflected in the following documents appearing as unlapsed and
      unterminated liens filed in the following filing offices (copies of which
      have been provided to Buyers):

              

      

      

      
        	
                 
      

              	
                (a)

              	
                Oklahoma County Clerk,
      Oklahoma (Oklahoma UCC Central Filing Office and Oklahoma County Filing
      Office):

              

      

      

      
        	
                (1)  

              	
                Financing
      Statement, UCC #0016235, executed by UTeC, in favor of United Leasing
      (“United”), and assigned to Citizens Bank, filed March 23, 2000 at 2:15 PM
      in the office of the Oklahoma County Clerk, covering one (1) new Daewoo
      G25E Forklift, serial #CX-01675.

              

      

      

      
        	
                (2)  

              	
                Financing
      Statement, UCC #2002008292631, UTeC as debtor, in favor of Fifth Third
      Bank, filed June 27, 2002 at 11:40 AM in the office of the Oklahoma County
      Clerk, as an “in lieu of continuation” for UCC #0016235, filed March 23,
      2000 in the office of the Oklahoma County Clerk and UCC #3438884, filed on
      March 23, 2000 in the office of the Kansas Secretary of State, covering
      one (1) new Daewoo G25E Forklift, serial
  #CS-01675.

              

      

       

      
        	
                (3)  

              	
                Financing
      Statement, UCC #0052926, executed by SEC, in favor of The G.W. Van Keppel
      Company (“Keppel”) and assigned to Associates Leasing, Inc.
      (“Associates”), filed October 3, 2000 at 10:23 AM in the
  

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
        
          	
                    

                	
                  office
      of the Oklahoma County Clerk, covering one (1) Svedala Model SCH5000CL
      Hydraulic Track Drill, serial
#1Y03Y08.

                

        

      

       

      
        	
                (4)  

              	
                Financing
      Statement, UCC #2001007125725, SEC as debtor, in favor of U.S. Bancorp
      Leasing & Financial, filed on September 14, 2001 at 1:02 PM in the
      office of the Oklahoma County Clerk, as an “in lieu of continuation” for
      UCC #4741112, filed on May 17, 2001 in the office of the Kansas Secretary
      of State, covering Fillpac model EX2000E Automatic Chub Machine, Jacobson
      Series IP-241 D Full Circle Hammermill, three (3) Watson-Marlow/Bredel
      SPX/80 Production Pumps.

              

      

      

      
        	
                (5)  

              	
                Financing
      Statement, UCC #2002000896734, SEC as debtor, in favor of CitiCapital
      Commercial Leasing Corporation, filed on January 18, 2002 at 4:25 PM in
      the office of the Oklahoma County Clerk, covering one (1) Svedala Model
      SCH500CL hydraulic self-contained drill, serial
  #1P03J74.

              

      

      

      
        	
                (6)  

              	
                Financing
      Statement, UCC #2002005027523, SEC as debtor, in favor of Keppel, filed on
      April 22, 2002 at 2:45 PM in the office of the Oklahoma County Clerk,
      covering one(1) Bobcat 773T, serial #519021354, VK #18359, and one (1) 68”
      LP Bucket, VK# 17685B.

              

      

      

      
        	
                (7)  

              	
                Financing
      Statement, UCC #2002008292530, SEC as debtor, in favor of Fifth Third
      Bank, filed on June 27, 2002 at 11:39 AM in the office of the Oklahoma
      County Clerk, as an “in lieu of continuation” for UCC #3034071, filed on
      November 23, 1999 in the office of the Kansas Secretary of State
      (collateral unstated).

              

      

      

      
        	
                (b)
       

              	
                Cherokee County
      Register Of Deeds, Kansas (Cherokee Counting Filing
      Office):

              

      

      

      
        	
                (1)  

              	
                Financing
      Statement, UCC #45115, executed by SEC in favor of United Machinery &
      Supply Co. Inc. and assigned to Associates, filed on June 4, 1999 at 9:00
      AM in the office of the Register of Deeds, Cherokee County, Kansas,
      covering one (1) Daewoo Forklift Model G2OS/LPS, serial
      #99-00338.

              

      

      

      
        	
                (c)  

              	
                Kansas Secretary Of
      State (Kansas UCC Central Filing
Office):

              

      

      

      
        	
                (1)  

              	
                Financing
      Statement, UCC #2518985, executed by SEC in favor of United Machinery
      & Supply Co. Inc. and assigned to Associates, filed on January 4, 1999
      in the office of the Kansas Secretary of State, covering one (1) Daewoo
      Model G20S LPS Forklift, serial
#99-00338.

              

      

      

      
        	
                (2)  

              	
                Financing
      Statement, UCC #4035911, executed by SEC in favor of Keppel and assigned
      to Associates, filed on October 2, 2000 in the office
  

              

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                  

              	
                of
      the Kansas Secretary of State, covering one (1) Svedala Model SCH5000CL
      Hydraulic Track Drill, serial
#1Y03Y08.

              

      

       

      
        	
                (3)  

              	
                Financing
      Statement, UCC #3034071, executed by SEC in favor of United, filed on
      November 23, 1999 in the office of the Kansas Secretary of State, covering
      “Lease 9820010008, Interim
Funding”.

              

      

      

      
        	
                (4)  

              	
                Financing
      Statement, UCC #3034097, executed by SEC in favor of United, filed on
      November 23, 1999 in the office of the Kansas Secretary of State, covering
      “Lease 9820010009, Interim
Funding”.

              

      

      

      
        	
                (5)  

              	
                Financing
      Statement, UCC #4741112, executed by SEC in favor of U.S. Bancorp Leasing
      & Financial, filed on May 17, 2001 in the office of the Kansas
      Secretary of State, covering Fillpac model EX2000E Automatic Chub Machine,
      Jacobsen Series 1P-241 D Full Circle Hammermill, three (3)
      Watson-Marlow/Bredel SPX/80 Production
Pumps.

              

      

      

      
        	
                (6)  

              	
                Financing
      Statement, UCC #3438884, executed by UTeC in favor of United and assigned
      to Citizens Bank, filed March 23, 2000 in the office of the Kansas
      Secretary of State, covering one (1) Daewoo G25 E Forklift, serial
      #CX-01675.

              

      

      

      
        	
                (7)  

              	
                Financing
      Statement, UCC #4618278, executed by UTeC in favor of Foothill, filed on
      April 11, 2001 in the office of the Kansas Secretary of State, covering
      accounts, books, general intangibles, inventory and monies and proceeds
      derived therefrom of UTeC.

              

      

      

      
        	
                (8)  

              	
                Financing
      Statement, UCC #5338744, UTeC as debtor, in favor of Wells Fargo Financial
      Leasing, filed on August 30, 2002 in the office of the Kansas Secretary of
      State, covering one (1) Canon HP-6045 Copier, serial
      #NGO07037.

              

      

       

      
        
           

        

        
          7 

          
            

          

        

        
           

        

      

    

    

      Part 3.9(a)

      

      ENCROACHMENTS

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are aware of
the following Encroachments:

      

      
        	
                1.  

              	
                Those
      encroachments reflected in following the documents referenced in Part
      3.8(a) (copies of which have been provided to Buyer as documents
      referenced in Part 3.8(a)):

              

      

      

      
        	
                (a)  

              	
                January
      9, 1995 Title Insurance Policy by First American Title on Pryor, Oklahoma
      Facility.

              

      

      

      
        	
                (b)  

              	
                June
      6, 2002 Title Insurance Policy by Chicago Title on all of Hallowell,
      Kansas Facility.

              

      

      

      
        	
                (c)  

              	
                June
      4, 2002 survey (copies attached) by Don Fleury & Associates, of all
      tracts at Hallowell, Kansas
Facility.

              

      

      

      
        	
                (d)  

              	
                September
      29, 1992 survey by Ronald K. Albertini, of old tract at Hallowell, Kansas
      Facility.

              

      

      

      
        	
                (e)  

              	
                December
      8, 1994 survey by Max A. Woollard, of Pryor, Oklahoma
      Facility.

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

      Part 3.9(b)

      

      TANGIBLE PERSONAL PROPERTY
NOT IN POSSESSION OF SELLERS

       

      
        	
                1.  

              	
                As
      of October 31, 2002, to the knowledge of Sellers, the following tangible
      personal property is located at the following
  locations:

              

      

      

      (a)           Quapaw
Company in Drumright, Oklahoma

      (1)           8
x 8 x 7 type 2 magazine, SEC001

      (2)           ANFO
Bin  60 Ton Capacity, No number

      

      (b)           Quapaw
Company in Pawnee, Oklahoma

      (1)           8
x 8 x 7 type 2 magazine, SEC042

      

      (c)           Tulsa
Stone in Tulsa, Oklahoma

      (1)           5
x 5 x 5 type 2 magazine, SECP30

      (2)           7
x 11 x 7 type 2 magazine, SEC 84

      

      (d)           Oswego
Coal in Pleasanton, Kansas

      (1)           7
x 11 x 7 type 2 magazine, SEC 036

      (2)           5
x 5 x 5 type 2 magazine, SEC 083

      

      (e)           Adrian
Rock in Adrian, Missouri

      (1)           6
x 4 x 4 type 2 magazine, SEC PO37

      (2)           4
x 4 x 4 type 2 magazine , SEC PO38

      

      (f)           Nation
Rock in Ft. Scott, Kansas

      (1)           8
x 8 x 7 type 2 magazine, no number

      (2)           5
x 5 x 5 type 2 magazine, no number

      

      (g)           Benton
Country Stone in Gravette, Arkansas

      (1)           40
ton ANFO Bin, no number

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (h)           Brakefield
Equipment in Adair, Oklahoma

      (1)           8
x 8 x 7 type 2 magazine, number 18

      

       (i)           Phoenix
Mining in Vinita, Oklahoma

      (1)           5
x 5 x 5 type 2 magazine, SEC 27

      (2)           8
x 8 x 7 type 2 magazine, SEC P33

      (3)           45
Ton ANFO bin, no number

      

       (j)           Brakefield
Propellant Project in WhiteOak, Oklahoma

      (1)           Stainless
Steel loading bin, no number

      (2)           Chevrolet
88 2 ton truck, no title (came with Kinepak acquisition)

      (3)           Two
(2) type 4 magazine trailers, no numbers

      (4)           storage
equipment trailer, no number

      (5)           Bobcat
Loader, rental

      

      
        (k)    All
equipment associated with the process of grinding, preparing and blending
located at the General Dynamics watergel slurry production plant in Marion,
Illinois, including, without limitation, the following:

      

      
        (1)   Mixer
15,000 lbs. Cap (Jacketed, variable speed drive, safety monitor/control
system)

      

      
        (2)   Mixer
Load Cells

      

      
        (3)   Helical
Screw Feeder (Ammonium Nitrate)

      

      
        (4)   Helical
Screw Feeder (Sodium Nitrate)

      

      
        (5)   Ammonium
Nitrate Silo (60 Ton Cap)

      

      
        (6)   Sodium
Nitrate Silo (60 Ton Cap)

      

      
        (7)   Packout
Tank (Hopper)

      

      
        (8)   Weight/Charging
Fixtures

      

      
        (9)   Buffer
Solution Tank

      

      
        (10)  Powder
(Propellant) Transfer Pump P-100 - Gorman Rupp Pump - Model
T3A3-B

      

      
        (11)   Vibrating
Screen S-101-Derrick Corp Model K24-48A-25

      

      
        (12)   Grinder
Feed Tank T-101

      

      
        (13)   Vibrating
Feeder VF-101 - ERIEZ M50A Feeder

      

      
        (14)   Grinder
G-101 - Williams Patent Crusher and Pulverizer Co. Metior #24 Hammer Mill (2000
HP)

         

      

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        
          (15)    Ground
Powder (Propellant) Pump P-101 - Gould Centrifugal Pump, Model
3196

        

        
          (16)   Ground
Powder (Propellant) Tank T-102

        

        
          (17)   Ground
Powder (Propellant) Transfer Pump P-102 Gorman Rupp Pump, Model
A11125

        

        
          (18)   Re-Circulating
Water (R.W.) Tank T-103

        

        
          (19)   Re-Circulating
Water (R.W.) Pump P-103 Gould Centrifugal Pump, Model 3196

        

        
          (20)   Water
Filter P-101 - Everlift SMS 62-18-2M Duplex Filter

        

        
          (21)   Filter
Water Tank T-104

        

        
          (22)   Filtered
Water Pump P-104 - Gould Centrifugal Pump, Model 3196

        

        
          (23)   Hydrocone
H-101 - Krebs Model V48-10-1734 Cyclone

        

        
          (24)   Powder
(Propellant) Hoppers (Dyno Bins)

        

        
          (25)   D-Water
Pump P-105 - Warren Rupp Model SB1-A Air Operated Diaphragm
Pump

        

      

       

      
        	
                2.  
      

              	
                As
      of October 31, 2002, to the knowledge of Sellers, trailers used for
      offsite storage and transportation are located as
  follows:

              

      

       

      
        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  101

                	
                  AMERICAN

                	
                  48'

                	
                  1980

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  6-Dec-01

                	
                  SAMPSON

                	 
      	
                  1PM0V0452X83034564

                	
                  SIDE
      DOOR

                
	
                  102

                	
                  MONON

                	
                  45'

                	
                  1980

                	
                  FORT
      WINGATE,NM (barrels)

                	
                  14-May-02

                	
                  MITCHELL

                	
                  JAN.2002

                	
                  48944

                	 
      
	
                  103

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1978

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  28-Jun-00

                	
                  SAMPSON

                	 
      	
                  566230

                	 
      
	
                  104

                	
                  DORSEY

                	
                  45'

                	
                  1981

                	
                  AUSTIN/LITTLE
      ROCK,AR

                	
                  28-Oct-02

                	
                  KEEN

                	
                  JUN.2002

                	
                  1DTV12W8BW011312

                	
                  SIDE
      DOOR

                
	
                  105

                	
                  TRAILMOBILE

                	
                  44'

                	
                  1973

                	
                  ORICA/BONNE
      TERRE,MO

                	
                  17-Jun-02

                	
                  MITCHELL

                	
                  OCT.2001

                	
                  J92681

                	
                  SIDE
      DOOR

                
	
                  106

                	
                  STRICKLAND

                	
                  45'

                	
                  1980

                	
                  SEC
      PLANT 5"

                	
                  29-Oct-02

                	
                  BURTON

                	
                  FEB.2002

                	
                  245506

                	
                  SIDE
      DOOR

                
	
                  107

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1983

                	
                  EMPTY
      -PRYOR,OK

                	
                  12-Sep-02

                	
                  KEEN

                	 
      	
                  1GRAA9025DB08686879

                	 
      
	
                  108

                	
                  COMET

                	
                  27'

                	
                  1977

                	
                  ENERGETICS
      EQUIPMENT

                	
                  16-Sep-02

                	
                  BOLT

                	
                  JUL.1998

                	
                  57720272

                	
                  PUP

                
	
                  109

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  EMPTY
      PRUF PLANT

                	
                  5-Aug-02

                	
                  BURTON

                	
                  SEPT.2002

                	
                  57517278

                	
                  PUP

                
	
                  110

                	
                  COMET

                	
                  27'

                	
                  1979

                	
                  EMPTY-PRYOR,OK

                	
                  29-May-02

                	
                  KEEN

                	 
      	
                  57924377

                	
                  PUP

                
	
                  111

                	
                  MILLER

                	
                  45'

                	
                  1982

                	
                  AUSTIN/MIDLOTHIAN,TX

                	
                  25-Apr-02

                	
                  KEELING

                	 
      	
                  V-6665

                	
                  SIDE
      DOOR

                
	
                  112

                	
                  FRUEHUAF

                	
                  48'

                	
                  1983

                	
                  SEC/PRYOR,OK

                	
                  27-Aug-02

                	
                  KEEN

                	 
      	
                  1H2V04B28EH034240

                	 
      
	
                  113

                	
                  DORSEY

                	
                  45'

                	
                  1980

                	
                  CONEX/BATTLETOWN,KY

                	
                  18-Jan-02

                	
                  SAMPSON

                	 
      	
                  151285

                	
                  SIDE
      DOOR

                
	
                  114

                	
                  FRUEHUAF

                	
                  45'

                	
                  1981

                	
                  SHOP-
      JOPLIN

                	
                  23-Oct-02

                	
                  GODDARD

                	
                  MAY.2002

                	
                  2V04525BE016411

                	 
      

        

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  115

                	
                  DORSEY

                	
                  45'

                	
                  1981

                	
                  DYNO/GARDEN
      CITY,TX

                	
                  16-Aug-02

                	
                  KEELING

                	
                  JUL.2002

                	
                  1DTV12W27BA155544

                	
                  SIDE
      DOOR

                
	
                  116

                	
                  BLACK
      DIAMOND

                	
                  45'

                	
                  1981

                	
                  INTER
      MTN./VERNAL,UT

                	
                  18-Sep-02

                	
                  LOADER

                	
                  JAN.2002

                	
                  1BPV2245XBT000073

                	
                  SIDE
      DOOR

                
	
                  117

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  BRAKEFIELD/BOBCAT

                	
                  10-Oct-02

                	
                  KEEN

                	 
      	
                  57517206

                	
                  PUP

                
	
                  118

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1983

                	
                  HERMITAGE-LEBANON,TN

                	
                  29-Sep-02

                	
                  SAMPSON

                	
                  JUN.2002

                	
                  GRAA9029ES055202

                	
                  SIDE
      DOOR

                
	
                  119

                	
                  COMET

                	
                  27'

                	
                  1978

                	
                  BRAKEFIELD/WHITE
      OAK,OK

                	
                  7-Mar-01

                	
                  KEEN

                	 
      	
                  57822440

                	
                  PUP

                
	
                  120

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  SEC
      PLANT EMPTY

                	
                  11-Oct-02

                	
                  MITCHELL

                	 
      	
                  57517202

                	
                  PUP

                
	
                  121

                	
                  TRAILMOBILE

                	
                  44'

                	
                  1973

                	
                  QUAPAW/DRUMRIGHT,OK

                	
                  25-Sep-02

                	
                  KEEN

                	
                  MAR.2001

                	
                  J92766

                	 
      
	
                  122

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1982

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	 
      	
                  1GRAA9026CS102618

                	
                  SLIDER

                
	
                  123

                	
                  FRUEHUAF

                	
                  45'

                	
                  1982

                	
                  MT.
      VALLEY/ALLEN,KY

                	
                  12-Apr-02

                	
                  SAMPSON

                	 
      	
                  1H2V04522CC004407

                	 
      
	
                  124

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  AUSTIN/GEORGETOWN,TX

                	
                  1-Oct-02

                	
                  KEELING

                	
                  JUN.2002

                	
                  J92733

                	 
      
	
                  125

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  MAY.2002

                	
                  J92739

                	
                  SIDE
      DOOR

                
	
                  126

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SHOP-
      JOPLIN

                	
                  13-Sep-02

                	
                  GODDARD

                	
                  MAR.2002

                	
                  J92688

                	 
      
	
                  127

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1981

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  MAY.2002

                	
                  1GRAAC9022BB086703

                	
                  SIDE
      DOOR

                
	
                  128

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  FEB.2002

                	
                  J92756

                	
                  SIDE
      DOOR

                
	
                  129

                	
                  COMET

                	
                  27'

                	
                  1977

                	
                  SEC
      PLANT EMPTY

                	
                  15-Mar-02

                	
                  MITCHELL

                	
                  MAR.2001

                	
                  57720496

                	
                  PUP

                
	
                  130

                	
                  TRAILMOBILE

                	
                  44'

                	
                  1973

                	
                  MT.
      VALLEY/ALLEN,KY

                	
                  8-Apr-02

                	
                  SAMPSON

                	 
      	
                  J92690

                	
                  SIDE
      DOOR

                
	
                  131

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  AUSTIN/MIDLAND,AR

                	
                  23-May-02

                	
                  KEEN

                	
                  AUG.2001

                	
                  J92701

                	 
      
	
                  132

                	
                  DORSEY

                	
                  45'

                	
                  1981

                	
                  SHOP-
      JOPLIN

                	
                  21-Oct-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  1DTV12W2XBW01140B

                	
                  SIDE
      DOOR

                
	
                  133

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  ENERGETICS
      EQUIPMENT

                	
                  12-Nov-01

                	
                  BOLT

                	
                  APR.2001

                	
                  591706

                	
                  SIDE
      DOOR

                
	
                  134

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  SEC
      PLANT-EMPTY

                	
                  7-Mar-02

                	
                  MITCHELL

                	
                  JUN.2000

                	
                  57517506

                	
                  PUP

                
	
                  135

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  HALLOWELL/3"
      430

                	
                  17-Oct-02

                	
                  MITCHELL

                	 
      	
                  57517422

                	
                  PUP

                
	
                  136

                	
                  FRUEHUAF

                	
                  48'

                	
                  1986

                	
                  SHOP-
      JOPLIN

                	
                  26-Jul-02

                	
                  GODDARD

                	 
      	
                  1H2V04824GE021229

                	 
      
	
                  137

                	
                  FRUEHUAF

                	
                  44'

                	
                  1966

                	
                  INTER
      MT.WEST-VERNAL,UT

                	
                  22-Apr-02

                	
                  LOADER

                	 
      	
                  MEG515003

                	
                  SIDE
      DOOR

                
	
                  138

                	
                  STOUGHTON

                	
                  48'

                	
                  1988

                	
                  APAC-TAHLEQUAH,OK

                	
                  21-Jun-01

                	
                  KEEN

                	 
      	
                  1DW1A4523JS5560002

                	
                  SIDE
      DOOR

                
	
                  139

                	
                  MILLER

                	
                  45'

                	
                  1981

                	
                  WESCO/GRANTS,NM

                	
                  7-Oct-02

                	
                  LOADER

                	
                  AUG.2001

                	
                  N11027

                	
                  SIDE
      DOOR

                
	
                  140

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1975

                	
                  AUSTIN/CRAWFORD,TX

                	
                  19-Aug-02

                	
                  KEELING

                	
                  APR.2002

                	
                  71457

                	 
      
	
                  141

                	
                  FRUEHUAF

                	
                  40'

                	
                  1968

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  13-Mar-01

                	
                  SAMPSON

                	 
      	
                  FW124448

                	 
      
	
                  142

                	
                  UTILITY

                	
                  45'

                	
                  1981

                	
                  SEC/PRYOR,OK

                	
                  26-Aug-02

                	
                  KEEN

                	
                  APR.2001

                	
                  1UYV52450BC613210

                	 
      

        

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  143

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  WAMPUM-BARKLEY,PA

                	
                  1-Nov-01

                	
                  SAMPSON

                	 
      	
                  J92752

                	 
      
	
                  144

                	
                  DORSEY

                	
                  45'

                	
                  1981

                	
                  EMPTY-PRYOR,OK

                	
                  12-Sep-02

                	
                  KEEN

                	 
      	
                  1DTV12W238A155508

                	 
      
	
                  145

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  AUG.2002

                	
                  J92744

                	
                  SIDE
      DOOR

                
	
                  146

                	
                  BLACK
      DIAMOND

                	
                  45'

                	
                  1981

                	
                  AUSTIN/MIDLAND,AR

                	
                  25-Sep-02

                	
                  KEEN

                	 
      	
                  593371

                	 
      
	
                  147

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1975

                	
                  KY.PWDR-MT.VERNON

                	
                  29-Oct-02

                	
                  SAMPSON

                	
                  APR.2002

                	
                  71956

                	 
      
	
                  148

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1979

                	
                  EMPTY
      PRUF PLANT

                	
                  10-Sep-02

                	
                  BURTON

                	
                  JUL.2002

                	
                  T39709

                	
                  SIDE
      DOOR

                
	
                  149

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  J92703

                	 
      
	
                  150

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  J92734

                	
                  SIDE
      DOOR

                
	
                  151

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  BRAKEFIELD-WHITE
      OAK,OK

                	
                  5-Feb-02

                	
                  KEEN

                	 
      	
                  FWJ340845

                	 
      
	
                  152

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  M+S/SUSCON,PA

                	
                  15-Oct-02

                	
                  SAMPSON

                	
                  SEPT.2002

                	
                  J92713

                	 
      
	
                  153

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  17-May-02

                	
                  SAMPSON

                	
                  APR.2002

                	
                  J92757

                	 
      
	
                  154

                	
                  TRAILMOBILE

                	
                  44'

                	
                  1973

                	
                  AUSTIN-MIDLAND,TX

                	
                  17-Dec-01

                	
                  KEELING

                	 
      	
                  J92709

                	
                  SIDE
      DOOR

                
	
                  155

                	
                  STRICKLAND

                	
                  45'

                	
                  1970

                	
                  SHOP-
      JOPLIN

                	
                  17-Oct-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  78372

                	 
      
	
                  156

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1973

                	
                  SHOP-
      JOPLIN

                	
                  23-Oct-02

                	
                  GODDARD

                	 
      	
                  J92748

                	 
      
	
                  157

                	
                  LUFKIN

                	
                  48'

                	
                  1984

                	
                  SHOP-
      JOPLIN

                	
                  9-Aug-02

                	
                  GODDARD

                	
                  MAR.2002

                	
                  1L01A4823E1064079

                	 
      
	
                  158

                	
                  FRUEHUAF

                	
                  40'

                	
                  1980

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  1-Nov-01

                	
                  SAMPSON

                	 
      	
                  HPT025559

                	 
      
	
                  159

                	
                  COMET

                	
                  27'

                	
                  1975

                	
                  QUAPAW-PAWNEE,OK

                	
                  10-Jul-02

                	
                  KEEN

                	 
      	
                  57517341

                	
                  PUP

                
	
                  160

                	
                  FRUEHUAF

                	
                  45'

                	
                  1976

                	
                  SEC
      PLANT EMPTY

                	
                  14-Aug-02

                	
                  MITCHELL

                	
                  AUG.2002

                	
                  CHX229850

                	
                  SIDE
      DOOR

                
	
                  161

                	
                  STRICK

                	 
      	
                  1980

                	
                  EMPTY
      PRUF PLANT

                	
                  16-Sep-02

                	
                  BURTON

                	
                  APR.2002

                	
                  23B113

                	
                  SIDE
      DOOR

                
	
                  162

                	
                  LUFKIN

                	
                  45'

                	
                  1981

                	
                  FT
      WINGATE,NM

                	
                  14-Oct-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  1L01A4529B1059520

                	
                  SIDE
      DOOR

                
	
                  163

                	
                  LUFKIN

                	 
      	
                  1981

                	
                  SEC
      PLANT EMPTY

                	
                  12-Aug-02

                	
                  MITCHELL

                	
                  MAY.2002

                	
                  1L01A4525B1059515

                	
                  SIDE
      DOOR

                
	
                  164

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  AUSTIN/MIDLAND,AR

                	
                  24-Sep-02

                	
                  KEEN

                	 
      	
                  FWJ340844

                	 
      
	
                  165

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  SHOP-
      JOPLIN

                	
                  26-Sep-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  1L01A4529J1077451

                	
                  SIDE
      DOOR

                
	
                  166

                	
                  DORSEY

                	
                  45'

                	
                  1980

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  16-May-02

                	
                  SAMPSON

                	
                  DEC.2001

                	
                  151401

                	 
      
	
                  167

                	
                  BLACK
      DIAMOND

                	
                  45'

                	
                  1981

                	
                  SHOP-
      JOPLIN

                	
                  18-Sep-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  1BDV22459BT000114

                	 
      
	
                  168

                	
                  FRUEHUAF

                	
                  45'

                	
                  1981

                	
                  SHOP-
      JOPLIN

                	
                  3-Oct-02

                	
                  GODDARD

                	
                  JUL.2002

                	
                  1H2V0452XBE019708

                	 
      
	
                  169

                	
                  FRUEHUAF

                	
                  45'

                	
                  1981

                	
                  BRAKEFIELD-WHITE
      OAK,OK

                	
                  16-May-02

                	
                  KEEN

                	
                  MAR.2002

                	
                  1H5V04524BM026999

                	 
      
	
                  170

                	
                  FRUEHUAF

                	
                  45'

                	
                  1981

                	
                  DYNO/NOLANVILLE,TX

                	
                  28-Aug-02

                	
                  KEELING

                	
                  APR.2002

                	
                  1H5V04522BM026998

                	
                  SIDE
      DOOR

                

        

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  171

                	
                  FRUEHUAF

                	
                  45'

                	
                  1981

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  13-Sep-01

                	
                  SAMPSON

                	 
      	
                  1H2V04526BA019549

                	 
      
	
                  172

                	
                  DORSEY

                	
                  45'

                	
                  1980

                	
                  SHOP-
      JOPLIN

                	
                  23-Oct-02

                	
                  GODDARD

                	
                  AUG.2002

                	
                  151296

                	
                  SIDE
      DOOR

                
	
                  173

                	
                  LUFKIN

                	
                  45'

                	
                  1979

                	
                  AUSTIN/GEORGETOWN,TX

                	
                  7-Aug-02

                	
                  KEELING

                	
                  JUN.2002

                	
                  55217

                	 
      
	
                  174

                	
                  FRUEHUAF

                	
                  45'

                	
                  1983

                	
                  SHOP-
      JOPLIN

                	
                  21-Aug-02

                	
                  GODDARD

                	
                  MAY.2002

                	
                  1H2V04522DE009497

                	 
      
	
                  175

                	
                  FRUEHUAF

                	
                  45'

                	
                  1980

                	
                  DYNO-EAST
      KY.

                	
                  5-Mar-02

                	
                  SAMPSON

                	 
      	
                  HPT034113

                	 
      
	
                  176

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  DYNO-NEW
      BLAINE,AR

                	
                  7-Jun-01

                	
                  CLANTON

                	 
      	
                  1PT01AAH6F9000208

                	 
      
	
                  177

                	
                  STRICKLAND

                	
                  48'

                	
                  1988

                	
                  WESCO/GRANTS,NM

                	
                  24-Oct-02

                	
                  LOADER

                	
                  MAY.2002

                	
                  1512E8488J0308420

                	
                  SIDE
      DOOR

                
	
                  178

                	
                  STRICKLAND

                	
                  48'

                	
                  1988

                	
                  AUSTIN-MIDLAND,AR

                	
                  29-Apr-02

                	
                  KEEN

                	 
      	
                  1S12E8489KO309207

                	
                  SIDE
      DOOR

                
	
                  179

                	
                  BUDD

                	
                  48'

                	
                  1985

                	
                  M+S/BLUE
      MTN.

                	
                  5-Jun-02

                	
                  SAMPSON

                	
                  MAY.2002

                	
                  W923FE16907

                	 
      
	
                  180

                	
                  MONON

                	
                  48'

                	
                  1988

                	
                  AUSTIN/CHICO,TX

                	
                  22-Oct-02

                	
                  KEELING

                	
                  JUL.2002

                	
                  1NNVA4525JM112714

                	
                  SIDE
      DOOR

                
	
                  181

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1979

                	
                  AUSTIN/N.
      LITTLE ROCK,AR

                	
                  15-Jul-02

                	
                  KEEN

                	
                  MAY.2002

                	
                  97776

                	 
      
	
                  182

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1979

                	
                  FT.WINGATE/4-1/4
      LOAD

                	
                  9-Sep-02

                	
                  MITCHELL

                	
                  JAN.2001

                	
                  97775

                	
                  NO
      TITLE

                
	
                  183

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  DYNO/GARDEN
      CITY,TX

                	
                  17-Oct-02

                	
                  KEELING

                	
                  MAY.2002

                	
                  FWJ340830

                	 
      
	
                  184

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  AUSTIN/DABNEY,TX

                	
                  13-Aug-02

                	
                  KEELING

                	
                  AUG.2002

                	
                  FWJ340833

                	 
      
	
                  185

                	
                  FRUEHUAF

                	
                  40'

                	
                  1968

                	
                  SHOP-
      JOPLIN

                	
                  26-Sep-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  FWJ340803

                	 
      
	
                  186

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  SHOP-
      JOPLIN

                	
                  10-Sep-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  FWJ340832

                	 
      
	
                  187

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  AUSTIN/MIDLAND,AR

                	
                  4-Oct-02

                	
                  KEEN

                	
                  JUN.2002

                	
                  FWJ340814

                	 
      
	
                  188

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  SEC
      PLANT EMPTY

                	
                  28-Aug-02

                	
                  MITCHELL

                	
                  JAN.2002

                	
                  FWJ340813

                	 
      
	
                  189

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  SEC
      PLANT boxes

                	
                  13-Aug-02

                	
                  BOLT

                	
                  DEC.2001

                	
                  4528H1076172

                	
                  SIDE
      DOOR

                
	
                  190

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  HERMITAGE/LEBANON,TN

                	
                  21-Oct-02

                	
                  SAMPSON

                	
                  OCT.2002

                	
                  1L01A4524J1077454

                	 
      
	
                  191

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  AUSTIN-GAINSVILLE,GA

                	
                  28-Mar-02

                	
                  SAMPSON

                	 
      	
                  1L01452XJ1077443

                	 
      
	
                  192

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  FORT
      WINGATE,NM

                	
                  9-Sep-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  1L01A4521J1077444

                	
                  SIDE
      DOOR

                
	
                  193

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  AUSTIN/NEW
      BRAUNFELS,TX

                	
                  16-Oct-02

                	
                  KEELING

                	
                  MAR.2002

                	
                  1L01A4524H1076176

                	
                  SIDE
      DOOR

                
	
                  194

                	
                  LUFKIN

                	
                  45'

                	
                  1986

                	
                  EMRICK+HILL-MEEKER,CO

                	
                  10-Apr-02

                	
                  LOADER

                	 
      	
                  1L01A4526H1073254

                	
                  SIDE
      DOOR

                
	
                  195

                	
                  LUFKIN

                	
                  45'

                	
                  1986

                	
                  WAMPUM-WINDBER,PA

                	
                  28-Aug-01

                	
                  SAMPSON

                	 
      	
                  1L01A4528H1073269

                	 
      
	
                  196

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  EMPTY-PRYOR,OK

                	
                  29-May-02

                	
                  KEEN

                	 
      	
                  1L01A4526J1077455

                	 
      
	
                  197

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  SHOP-
      JOPLIN

                	
                  21-Aug-02

                	
                  GODDARD

                	 
      	
                  1L01A452XJ1077460

                	 
      
	
                  198

                	
                  LUFKIN

                	
                  45'

                	
                  1987

                	
                  AUSTIN/KOSSE,TX

                	
                  20-Aug-02

                	
                  KEELING

                	
                  AUG.2002

                	
                  1L01A4526J1077441

                	 
      

        

      

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  199

                	
                  FRUEHUAF

                	
                  40'

                	
                  1978

                	
                  DENADEL-GRNWOOD,AR

                	
                  2-Mar-01

                	
                  CLANTON

                	 
      	
                  MEZ573001

                	
                  OUT
      OF SERVICE

                
	
                  200

                	
                  FRUEHUAF

                	
                  40'

                	
                  1978

                	
                  EMPTY-PRYOR,OK

                	
                  18-Mar-02

                	
                  KEEN

                	 
      	
                  MEZ573002

                	 
      
	
                  201

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  1H2V04826FH004392

                	 
      
	
                  202

                	
                  VANCO

                	
                  48'

                	
                  1984

                	
                  SEC
      PLANT EMPTY BARRELS

                	
                  10-Oct-02

                	
                  MITCHELL

                	
                  MAY.2002

                	
                  1VVV48203E1005296

                	 
      
	
                  203

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  MAR.2002

                	
                  1H2V04521EC015980

                	 
      
	
                  204

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  1PT011AH6J9009371

                	
                  96'
      WIDE

                
	
                  205

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  INTER
      MTN- VERNAL,UT

                	
                  17-Apr-02

                	
                  LOADER

                	 
      	
                  1PT011AH4J9009367

                	 
      
	
                  206

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  AUSTIN/GEORGETOWN,TX

                	
                  6-Aug-02

                	
                  KEELING

                	 
      	
                  1PT011AH9J009364

                	 
      
	
                  207

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  WAMPUM-WINDBER,PA

                	
                  25-Sep-02

                	
                  SAMPSON

                	 
      	
                  1PT011AH4J9009370

                	
                  OUT
      OF SERVICE

                
	
                  208

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  AUSTIN/FINDLAY,OH

                	
                  18-Jul-02

                	
                  SAMPSON

                	 
      	
                  1PT011AH8J9009369

                	
                  96'
      WIDE/SIDE DOOR

                
	
                  209

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  M+S/SUSCON

                	
                  25-Jun-02

                	
                  SAMPSON

                	
                  JUN.2002

                	
                  1PT011AH2J9009366

                	
                  96'
      WIDE

                
	
                  210

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  SEPT.2002

                	
                  1PT011AH6J9009368

                	
                  96'
      WIDE/SIDE DOOR

                
	
                  211

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  AUSTIN-MIDLAND,AR

                	
                  2-May-02

                	
                  KEEN

                	
                  JAN.2002

                	
                  1PT011AH8J9009372

                	
                  96'
      WIDE/SIDE DOOR

                
	
                  212

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  CALDWELL-HAZARD,KY

                	
                  3-Jan-01

                	
                  SAMPSON

                	 
      	
                  1PT011AH7J9009362

                	
                  OUT
      OF SERVICE

                
	
                  213

                	
                  MONON

                	
                  45

                	
                  1986

                	
                  SEC
      PLANT EMPTY

                	
                  23-Oct-02

                	
                  MITCHELL

                	 
      	
                  1NNVA4527HM108710

                	
                  SIDE
      DOOR

                
	
                  214

                	
                  FRUEHUAF

                	
                  45'

                	
                  1989

                	
                  SEC
      PLANT EMPTY

                	
                  25-Sep-02

                	
                  MITCHELL

                	
                  MAR.2002

                	
                  1H2V04529JH006610

                	
                  SIDE
      DOOR

                
	
                  215

                	
                  LUFKIN

                	
                  48'

                	
                  1987

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	 
      	
                  1L0UA4523H1076175

                	
                  SIDE
      DOOR

                
	
                  216

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  KY.PWDR-MT.VERNON

                	
                  18-Oct-02

                	
                  SAMPSON

                	
                  SEPT.2002

                	
                  1PT02DAH9H9009230

                	
                  102'
      WIDE

                
	
                  217

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  SEC
      PLANT EMPTY

                	
                  14-Aug-02

                	
                  MITCHELL

                	
                  AUG.2002

                	
                  1PT02DAH9H9008983

                	
                  102'
      WIDE

                
	
                  218

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1987

                	
                  SEC
      PLANT EMPTY

                	
                  8-Jul-02

                	
                  MITCHELL

                	
                  APR.2002

                	
                  1GRAA962XHB174307

                	
                  102'
      WIDE

                
	
                  219

                	
                  LUFKIN

                	
                  48'

                	
                  1986

                	
                  SHOP-
      JOPLIN

                	
                  5-Sep-02

                	
                  GODDARD

                	
                  SEPT.2002

                	
                  1L01A4822H1074574

                	
                  102'
      WIDE

                
	
                  220

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1994

                	
                  SHOP-
      JOPLIN

                	
                  5-Aug-02

                	
                  GODDARD

                	
                  APR.2002

                	
                  1GRAA9024ES050201

                	
                  SIDE
      DOOR/102' WIDE

                
	
                  221

                	
                  FRUEHUAF

                	
                  48"

                	
                  1987

                	
                  M+S-BLUE
      MTN.

                	
                  26-Jul-02

                	
                  SAMPSON

                	
                  JAN.2002

                	
                  1H2V04827JC001852

                	
                  102'
      WIDE

                
	
                  222

                	
                  TRAILMOBILE

                	
                  48"

                	
                  1987

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  JUN.2002

                	
                  1PT02DAH9H9004951

                	
                  102'
      WIDE

                
	
                  223

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1988

                	
                  EMPTY-PRYOR,OK

                	
                  30-May-02

                	
                  KEEN

                	
                  FEB.2002

                	
                  1PT02DAH1H9009142

                	
                  102'
      WIDE

                
	
                  224

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1987

                	
                  FT
      WINGATE,NM

                	
                  7-Oct-02

                	
                  MITCHELL

                	
                  AUG.2002

                	
                  1GRAA9620H8174235

                	
                  102'
      WIDE

                
	
                  225

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  ENERGETICS
      EQUIPMENT

                	
                  3-Dec-01

                	
                  BOLT

                	
                  NONE

                	
                  1PT02DAH0H+I239004949

                	
                  102'
      WIDE

                
	
                  226

                	
                  HOBBS

                	
                  48'

                	
                  1986

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  2-Feb-02

                	
                  SAMPSON

                	 
      	
                  1H5V04822GM032514

                	
                  102'
      WIDE

                

        

      

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  227

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  AHLGRIMM-MINERAL
      POINT,WI

                	
                  9-Jan-02

                	
                  CLANTON

                	 
      	
                  1PT02DAH2H9004919

                	
                  102'
      WIDE

                
	
                  228

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1986

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	
                  OCT.2002

                	
                  1PT02DAH0H9001291

                	
                  102'
      WIDE

                
	
                  229

                	
                  BUDD

                	
                  48'

                	
                  1985

                	
                  SHOP-
      JOPLIN

                	
                  23-Oct-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  1BK10W921FE216727

                	
                  102'
      WIDE

                
	
                  230

                	
                  STOUGHTON

                	
                  48'

                	
                  1986

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  MITCHELL

                	 
      	
                  1DW1A4827GS507713

                	
                  102"
      WIDE

                
	
                  231

                	
                  MONON

                	
                  48'

                	
                  1986

                	
                  SEC
      PLANT 5-1/2"

                	
                  29-Oct-02

                	
                  BURTON

                	
                  DEC.2001

                	
                  1NNVA82XGM107934

                	
                  102'
      WIDE

                
	
                  232

                	
                  FRUEHUAF

                	
                  48'

                	
                  1986

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  9-Jul-00

                	
                  SAMPSON

                	 
      	
                  1H2V04823GC011206

                	
                  102'
      WIDE

                
	
                  233

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1984

                	
                  AUSTIN-GEORGETOWN,TX

                	
                  15-May-02

                	
                  KEELING

                	 
      	
                  1PT02DAH1H9004877

                	
                  102'
      WIDE

                
	
                  234

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1987

                	
                  AUSTIN/MIDLAND,AR

                	
                  23-Sep-02

                	
                  KEEN

                	
                  MAY.2002

                	
                  1GRAA9627HB174202

                	
                  102'
      WIDE

                
	
                  235

                	
                  HOBBS

                	
                  48'

                	
                  1984

                	
                  EMPTY
      PRUF PLANT

                	
                  24-Oct-02

                	
                  BURTON

                	
                  SEPT.2002

                	
                  1H5V04827GM032508

                	
                  102'
      WIDE

                
	
                  236

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  30-Jun-00

                	
                  SAMPSON

                	 
      	
                  1PT02DAH9H9004934

                	
                  102'
      WIDE

                
	
                  237

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1987

                	
                  BRAKEFIELD/EMPTY
      BARRELS

                	
                  10-Oct-02

                	
                  KEEN

                	
                  DEC.2001

                	
                  1GRAA9621HS014512

                	
                  102'
      WIDE

                
	
                  238

                	
                  LUFKIN

                	
                  48'

                	
                  1985

                	
                  WAMURPHY/HELENDALE,CA

                	
                  11-Oct-02

                	
                  LOADER

                	
                  SEPT.2002

                	
                  1L01A4827F1069707

                	
                  102'
      WIDE

                
	
                  239

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1987

                	
                  SEC
      PLANT EMPTY

                	
                  28-Aug-02

                	
                  MITCHELL

                	
                  JUN.2002

                	
                  1GRAA9629HS014645

                	
                  102'
      WIDE

                
	
                  240

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1986

                	
                  EMPTY
      PRUF PLANT

                	
                  27-Sep-02

                	
                  BURTON

                	 
      	
                  1GRAA9628GS128005

                	
                  102'
      WIDE

                
	
                  241

                	
                  BUDD

                	
                  48'

                	
                  1984

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  23-Aug-01

                	
                  SAMPSON

                	 
      	
                  1BK10W928FE214540

                	
                  102'
      WIDE

                
	
                  242

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1987

                	
                  KESCO-BLOUNTVILLE,
      TN

                	
                  21-Sep-01

                	
                  SAMPSON

                	 
      	
                  1PT02DAH1H9004863

                	
                  102'
      WIDE

                
	
                  243

                	
                  FRUEHUAF

                	
                  48'

                	
                  1986

                	
                  A.P.TO
      BOREN

                	
                  21-Oct-02

                	
                  MITCHELL

                	
                  SEPT.2002

                	
                  1H2V04820HH003729

                	
                  102'
      WIDE

                
	
                  244

                	
                  FRUEHUAF

                	
                  48'

                	
                  1986

                	
                  AUSTIN/MIDLAND,AR

                	
                  25-Aug-02

                	
                  KEEN

                	
                  MAY.2002

                	
                  1H2V04821HH003478

                	
                  SLIDER

                
	
                  245

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  SHOP-
      JOPLIN

                	
                  4-Oct-02

                	
                  GODDARD

                	
                  OCT.2002

                	
                  FWJ340817

                	 
      
	
                  246

                	
                  FRUEHUAF

                	
                  45'

                	
                  1980

                	
                  SHOP-
      JOPLIN

                	
                  26-Sep-02

                	
                  GODDARD

                	
                  SEPT.2002

                	
                  FRT004815

                	 
      
	
                  247

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  11-Oct-01

                	
                  SAMPSON

                	 
      	
                  FWJ340826

                	 
      
	
                  248

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1974

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  12-Oct-00

                	
                  SAMPSON

                	 
      	
                  69261

                	 
      
	
                  249

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  SEC
      PLANT BOXES

                	
                  26-Sep-02

                	
                  BOLT

                	 
      	
                  1H2V04822EB010003

                	
                  OUT
      OF SERVICE

                
	
                  250

                	
                  FRUEHUAF

                	
                  40'

                	
                  1969

                	
                  SEC
      PLANT-boxes/tops

                	
                  13-Aug-02

                	
                  BOLT

                	 
      	
                  FWJ340828

                	 
      
	
                  251

                	
                  FRUEHUAF

                	
                  40'

                	
                  1977

                	
                  EMPTY-PRYOR,OK

                	
                  29-May-02

                	
                  KEEN

                	 
      	
                  MAY5322126

                	 
      
	
                  252

                	
                  STRICKLAND

                	
                  45'

                	
                  1980

                	
                  WESCO-GALLUP,NM

                	
                  5-Dec-01

                	
                  LOADER

                	 
      	
                  24630

                	 
      
	
                  253

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1973

                	
                  BRIAN
      JORDAN/ PRO CANS

                	
                  16-Oct-02

                	
                  MITCHELL

                	
                  OCT.2000

                	
                  56435

                	
                  SIDE
      DOOR

                

        

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  254

                	
                  GREAT
      DANE

                	
                  45'

                	
                  1980

                	
                  INDEPENDENCE/SEC-PRYOR

                	
                  18-Sep-02

                	
                  KEEN

                	
                  AUG.2002

                	
                  B19415

                	
                  SIDE
      DOOR

                
	
                  255

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1985

                	
                  SHOP-
      JOPLIN

                	
                  14-Jul-02

                	
                  GODDARD

                	 
      	
                  1PT014RH0F9001120

                	 
      
	
                  256

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1990

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  JUN.2002

                	
                  1PT024AH4L9010567

                	
                  96'
      WIDE

                
	
                  257

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1990

                	
                  SEC/PRYOR,OK

                	
                  25-Sep-02

                	
                  KEEN

                	 
      	
                  1PT024AH6L9010571

                	
                  96'
      WIDE

                
	
                  258

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1980

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  10-Apr-02

                	
                  SAMPSON

                	 
      	
                  T39835

                	 
      
	
                  259

                	
                  TRAILMOBILE

                	
                  45'

                	
                  1978

                	
                  KY.
      PWDR-MT. VERNON,KY

                	
                  16-Sep-02

                	
                  SAMPSON

                	 
      	
                  597304

                	 
      
	
                  260

                	
                  STRICKLAND

                	
                  45'

                	
                  1979

                	
                  SHOP-
      JOPLIN

                	
                  14-Oct-02

                	
                  GODDARD

                	 
      	
                  229190

                	 
      
	
                  261

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1984

                	
                  TPL/FT.WINGATE,NM

                	
                  24-Oct-02

                	
                  MITCHELL

                	
                  MAY.2001

                	
                  1PT014RH4E9003628

                	 
      
	
                  262

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1985

                	
                  SHOP-
      JOPLIN

                	
                  29-May-02

                	
                  GODDARD

                	 
      	
                  1PT014RH1F9001112

                	 
      
	
                  263

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1985

                	
                  SHOP-
      JOPLIN

                	
                  24-Jun-02

                	
                  GODDARD

                	 
      	
                  1PT014RH4F9001119

                	
                  OUT
      OF SERVICE

                
	
                  264

                	
                  TRAILMOBILE

                	
                  48'

                	
                  1984

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  28-Jan-02

                	
                  SAMPSON

                	 
      	
                  1PT014RH1E9003621

                	 
      
	
                  265

                	
                  FRUEHUAF

                	
                  45'

                	
                  1974

                	
                  AUSTIN/MIDLAND,AR

                	
                  12-Sep-02

                	
                  KEELING

                	
                  JUN.2002

                	
                  MAR437740

                	 
      
	
                  266

                	
                  FRUEHUAF

                	
                  40'

                	
                  1975

                	
                  SHOP-
      JOPLIN

                	
                  29-May-02

                	
                  GODDARD

                	 
      	
                  MAW487331

                	 
      
	
                  267

                	
                  LUFKIN

                	
                  48'

                	
                  1988

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  21-Jan-02

                	
                  SAMPSON

                	 
      	
                  1L01A4825J1081430

                	 
      
	
                  268

                	
                  FRUEHUAF

                	
                  48'

                	
                  1983

                	
                  BIR.PWDR-BIRMINGHAM,AL

                	
                  6-Dec-01

                	
                  SAMPSON

                	 
      	
                  1H5V04B29EM000429

                	 
      
	
                  269

                	
                  LUFKIN

                	
                  48'

                	
                  1986

                	
                  BUCKLEY-GREENWOOD,MO

                	
                  3-Mar-02

                	
                  CLANTON

                	 
      	
                  1101A4820G1071879

                	 
      
	
                  270

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  SHOP-
      JOPLIN

                	
                  20-Sep-02

                	
                  GODDARD

                	 
      	
                  1H5V0482XE023119

                	 
      
	
                  271

                	
                  THAYCO

                	
                  48'

                	
                  1986

                	
                  APAC-TALEQUAH,OK

                	
                  19-Apr-01

                	
                  KEEN

                	 
      	
                  W922GF001666

                	 
      
	
                  272

                	
                  HOBBS

                	
                  48'

                	
                  1984

                	
                  SEC
      PLANT EMPTY

                	
                  25-Jun-02

                	
                  MITCHELL

                	
                  FEB.2002

                	
                  1H5V4820EM023145

                	 
      
	
                  273

                	
                  THEURER

                	
                  48'

                	
                  1988

                	
                  CALDWELL-HAZARD,KY

                	
                  10-Jan-01

                	
                  SAMPSON

                	 
      	
                  1TA114827KG213114

                	 
      
	
                  274

                	
                  HOBBS

                	
                  48'

                	
                  1984

                	
                  EMPTY-PRYOR,OK

                	
                  4-Sep-02

                	
                  KEEN

                	
                  APR.2002

                	
                  1H5V04820EM023131

                	 
      
	
                  275

                	
                  GREAT
      DANE

                	
                  48'

                	
                  1985

                	
                  SEC
      PLANT BOXES

                	
                  26-Sep-02

                	
                  BOLT

                	 
      	
                  1GRAA9627FS092340

                	
                  OUT
      OF SERVICE

                
	
                  276

                	
                  LUFKIN

                	
                  48'

                	
                  1987

                	
                  DYNO-MIDAM-THORTON,IL

                	 
      	
                  CLANTON

                	 
      	
                  1L01A4825H1075363

                	 
      
	
                  277

                	
                  DORSEY

                	
                  48'

                	
                  1982

                	
                  SEC
      plant-2 component raw

                	
                  13-Aug-02

                	
                  BOLT

                	
                  FEB.2000

                	
                  1DTV12W28CA158776

                	 
      
	
                  278

                	
                  MONON

                	
                  48'

                	
                  1988

                	
                  QUAPAW/DRUMRIGHT,OK

                	
                  10-Jun-02

                	
                  KEEN

                	
                  MAR.2002

                	
                  1NNVA4829JM112386

                	 
      
	
                  279

                	
                  FRUEHUAF

                	
                  48'

                	
                  1987

                	
                  DEDICATED
      CAMDEN,AR

                	
                  13-Jun-02

                	
                  BURTON

                	
                  JUN.2002

                	
                  1H2V04828HA010923

                	 
      
	
                  280

                	
                  FRUEHUAF

                	
                  48'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  15-Oct-02

                	
                  BOLT

                	 
      	 
      	
                  NO
      TITLE

                
	
                  281

                	
                  FRUEHUAF

                	
                  48'

                	
                  1984

                	
                  SHOP-
      JOPLIN

                	
                  24-Jun-02

                	
                  GODDARD

                	 
      	
                  1H2V04526EB009358

                	 
      

        

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      
         

        
          	
                  TRAILER

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  NUMBER

                	
                  MAKE

                	
                  LENGTH

                	
                  YEAR

                	
                  LOCATION

                	
                  DATE

                	
                  SALESMAN

                	
                  INSPECTED

                	
                  VIN

                	
                  COMMENTS

                
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  282

                	
                  MILLER

                	
                  48'

                	
                  1989

                	
                  JACK
      SEVERS/ITEC

                	
                  30-Apr-02

                	
                  MITCHELL

                	 
      	
                  1MLT14525KB249095

                	 
      
	
                  283

                	
                  DORSEY

                	 
      	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  31-Oct-02

                	
                  MITCHELL

                	 
      	
                  1DTV22W23KA186240

                	 
      
	
                  284

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  JACK
      SEVERS/ITEC

                	
                  30-Apr-02

                	
                  MITCHELL

                	 
      	
                  1H2V04520JE021370

                	 
      
	
                  285

                	
                  STOUGHTON

                	
                  45'

                	
                  1989

                	
                  SEC
      PLANT EMPTY

                	
                  29-Aug-02

                	
                  MITCHELL

                	 
      	
                  10W1W4529KS173097

                	 
      
	
                  286

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  15-Oct-02

                	
                  BOLT

                	 
      	
                  1H2V04525JE002149

                	 
      
	
                  287

                	
                  STOUGHTON

                	
                  45'

                	
                  1989

                	
                  4-1/2"
      600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1DW1A4523KS172169

                	 
      
	
                  288

                	
                  STOUGHTON

                	
                  45'

                	
                  1990

                	
                  6"
      600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1DW1A4524LS661004

                	 
      
	
                  289

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  6-1/2",7",8"
      600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1H2V04521JA000583

                	 
      
	
                  290

                	
                  DORSEY

                	
                  45'

                	
                  1989

                	
                  SEC
      PLANT EMPTY

                	
                  31-Oct-02

                	
                  MITCHELL

                	 
      	
                  1DTV12W2XKW035238

                	 
      
	
                  291

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  29-Oct-02

                	
                  BOLT

                	 
      	
                  1H2V04525JE021395

                	 
      
	
                  292

                	
                  STOUGHTON

                	
                  45'

                	
                  1988

                	
                  ENERGETICS
      EQUIPMENT

                	
                  16-Sep-02

                	
                  BOLT

                	 
      	
                  1DW1A4528JS835024

                	 
      
	
                  293

                	
                  DORSEY

                	
                  45'

                	
                  1989

                	
                  UTeC
      EQUIPMENT

                	
                  20-Sep-02

                	
                  BOLT

                	 
      	
                  1DTV22W0KA186003

                	 
      
	
                  294

                	
                  STOUGHTON

                	
                  45'

                	
                  1988

                	
                  HYDROMITE
      415 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1DW1A4520JS947168

                	 
      
	
                  295

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  JACK
      SEVERS/ITEC

                	
                  30-May-02

                	
                  MITCHELL

                	 
      	
                  1H2V04525JE002023

                	 
      
	
                  296

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  4"and
      4-1/2" 600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1H2V04527JA000779

                	 
      
	
                  297

                	
                  DORSEY

                	
                  45'

                	
                  1989

                	
                  PRUF
      PLANT-STORAGE

                	
                  11-Jul-02

                	
                  BURTON

                	 
      	
                  1DTV22W21KA186236

                	 
      
	
                  298

                	
                  STOUGHTON

                	
                  45'

                	
                  1988

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  8-Feb-02

                	
                  SAMPSON

                	 
      	
                  1DW1A4528JS947788

                	 
      
	
                  299

                	
                  MILLER

                	
                  45'

                	
                  1989

                	
                  800
      BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  MAY537555

                	 
      
	
                  300

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  UTC/GAYLORD
      BOXES

                	
                  6-Sep-02

                	
                  BOLT

                	 
      	
                  1H2V04521JA000499

                	 
      
	
                  301

                	
                  DORSEY

                	
                  45'

                	
                  1988

                	
                  SEC
      PLANT EMPTY

                	
                  19-Mar-02

                	
                  BOLT

                	 
      	
                  1DTV12W24JW030535

                	 
      
	
                  302

                	
                  STOUGHTON

                	
                  45'

                	
                  1988

                	
                  5-1/2"
      600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1DW1A4521JS947566

                	 
      
	
                  303

                	
                  STOUGHTON

                	
                  45'

                	
                  1988

                	
                  MT.
      VALLEY-ALLEN,KY

                	
                  4-Dec-01

                	
                  SAMPSON

                	 
      	
                  1DW1A4522KS173183

                	 
      
	
                  304

                	
                  FRUEHUAF

                	
                  45'

                	
                  1988

                	
                  ORICA
      AMEX BAGS & PALLETS

                	
                  15-Apr-02

                	
                  BOLT

                	 
      	
                  1H2V04521JE021457

                	 
      
	
                  305

                	
                  MILLER

                	
                  45'

                	
                  1988

                	
                  QUAPAW-PAWNEE,OK

                	
                  10-Dec-01

                	
                  KEEN

                	 
      	
                  1MLT14529JE186081

                	 
      
	
                  306

                	
                  DORSEY

                	
                  45'

                	
                  1988

                	
                  JACK
      SEVERS/ITEC

                	
                  10-May-02

                	
                  MITCHELL

                	 
      	
                  1DTV12W2XKW033148

                	 
      
	
                  307

                	
                  STOUGHTON

                	
                  45'

                	
                  1989

                	
                  SEC
      ANFO BAGS & 600 MATS

                	
                  15-Apr-02

                	
                  BOLT

                	 
      	
                  1DW1A4523KS172186

                	 
      
	
                  308

                	
                  DORSEY

                	
                  45'

                	
                  1988

                	
                  5"and
      5"W/L 600-20 BAGS

                	
                  19-Sep-02

                	
                  BOLT

                	 
      	
                  1DTV12W29KW033061

                

        

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

       

      
        	
                TRAILER

              	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              
	
                NUMBER

              	
                MAKE

              	
                LENGTH

              	
                YEAR

              	
                LOCATION

              	
                DATE

              	
                SALESMAN

              	
                INSPECTED

              	
                VIN

              	
                COMMENTS

              
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                309

              	
                FRUEHUAF

              	
                45'

              	
                1988

              	
                SEC
      PLANT EMPTY

              	
                28-Mar-02

              	
                MITCHELL

              	 
      	
                1H2V04526JE021258

              	 
      
	
                310

              	
                STOUGHTON

              	
                45'

              	
                1988

              	
                SEC
      PLANT EMPTY

              	
                29-Oct-02

              	
                MITCHELL

              	 
      	
                1DW1A4521JS835270

              	 
      
	
                311

              	
                MILLER

              	
                45'

              	
                1989

              	
                SEC
      B.A. TOPS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                1MLT14521KB249255

              	 
      
	
                312

              	
                STOUGHTON

              	
                45'

              	
                1988

              	
                PRUF
      PLANT/ A.P. STORAGE

              	
                11-Jun-02

              	
                BURTON

              	 
      	
                1DW1A4521JS947793

              	 
      
	
                313

              	
                MILLER

              	
                45'

              	
                1989

              	
                TYPE
      IV MAGAZINE

              	
                20-Mar-02

              	
                MITCHELL

              	 
      	
                1MLT1452XKB249299

              	 
      
	
                314

              	
                MILLER

              	
                45'

              	
                1988

              	
                TYPE
      IV MAGAZINE

              	
                20-Mar-02

              	
                MITCHELL

              	 
      	
                1MLT1452XKB249190

              	 
      
	
                315

              	
                MILLER

              	
                45'

              	
                1988

              	
                JACK
      SEVERS/ITEC

              	
                3-May-02

              	
                MITCHELL

              	 
      	
                1MLT14524JB186036

              	 
      
	
                316

              	
                MONON

              	
                45'

              	
                1989

              	
                SEC
      PLANT PROPELLANT

              	
                29-Oct-02

              	
                BOLT

              	
                JUN.2002

              	
                1NNVA4520KM130900

              	 
      
	
                317

              	
                STOUGHTON

              	
                45'

              	
                1988

              	
                JACK
      SEVERS/ITEC

              	
                15-May-02

              	
                MITCHELL

              	 
      	
                1DW1A4525JS947201

              	 
      
	
                318

              	 
      	 
      	 
      	
                TYPE
      IV MAGAZINE

              	
                15-Mar-02

              	
                MITCHELL

              	 
      	
                1DW1A4525KS029000

              	 
      
	
                319

              	
                DORSEY

              	
                45'

              	
                1988

              	
                JACK
      SEVERS/ITEC

              	
                30-May-02

              	
                MITCHELL

              	 
      	
                1DTV12W24KW033114

              	 
      
	
                320

              	
                MILLER

              	
                45'

              	
                1989

              	
                JACK
      SEVERS/ITEC

              	
                9-May-02

              	
                MITCHELL

              	 
      	
                122954

              	 
      
	
                321

              	
                MILLER

              	
                45'

              	
                1988

              	
                SEC
      PLANT EMPTY

              	
                19-Mar-02

              	
                MITCHELL

              	 
      	
                IMLT14525JB186031

              	 
      
	
                322

              	
                DORSEY

              	
                45'

              	
                1989

              	
                UTC
      SHOT BAG STORAGE

              	
                19-Mar-02

              	
                BURTON

              	 
      	
                1DTV12W26KW035155

              	 
      
	
                323

              	
                STOUGHTON

              	
                45'

              	
                1988

              	
                BOX
      BOTTOMS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                1DW1A4521JS947874

              	 
      
	
                324

              	
                FRUEHUAF

              	
                45'

              	
                1987

              	
                ORICA  AMEX
      BAGS

              	
                12-Apr-02

              	
                BOLT

              	 
      	
                1H2V0452XJA000811

              	 
      
	
                325

              	
                DORSEY

              	
                45'

              	
                1988

              	
                AUSTIN
      BOX TOPS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                1DTV12W28KW033066

              	 
      
	
                326

              	
                STOUGHTON

              	
                48'

              	
                1989

              	
                DYNO
      BOX TOPS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                1DW1A4522KS173037

              	 
      
	
                327

              	 
      	 
      	 
      	
                TYPE
      IV MAGAZINE

              	
                12-Apr-02

              	
                MITCHELL

              	 
      	
                1DTV12W27KW033219

              	 
      
	
                328

              	
                STOUGHTON

              	
                45'

              	
                1988

              	
                SEC
      BOX TOPS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                1DW1A4525KS029238

              	 
      
	
                329

              	
                MILLER

              	
                44'

              	
                1989

              	
                ORICA
      BOX TOPS

              	
                6-Sep-02

              	
                BOLT

              	 
      	
                122978

              	 
      

      

      

      
        
           

        

        
          11 

          
            

          

        

        
           

        

      

    

     

    Part 3.10

     

    
      
        	
                SLURRY
      EXPLOSIVE CORPORATION

              
	
                ACCOUNTS
      RECEIVABLE (AGED TRIAL BALANCE)

              
	
                as
      of September 30, 2002

              
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                
Cusno

              	
                Cname

              	
                Invno

              	
                Type

              	
                InvDat

              	
                DueDat

              	
                Amount

              	
                Current

              	
                A30to60

              	
                A60to90

              	
                Over90

              	
                Cmpno

              	
                Cmpname

              	
                RptDate

              	 
      
	
                10

              	
                ADAMS
      EXPLOSIVES

              	
                120508

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $2,127.00

              	
                $0.00

              	
                $2,127.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                78

              	
                ALASKA
      PACIFIC POWDER COM

              	
                120472

              	
                INVOICE

              	
                7/31/02

              	
                9/29/02

              	
                $15,665.06

              	
                $0.00

              	
                $0.00

              	
                $15,665.06

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                78

              	
                ALASKA
      PACIFIC POWDER COM

              	
                120502

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $15,662.00

              	
                $0.00

              	
                $15,662.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                78

              	
                ALASKA
      PACIFIC POWDER COM

              	
                120512

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $313.00

              	
                $0.00

              	
                $313.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                78

              	
                ALASKA
      PACIFIC POWDER COM

              	
                120566

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $15,283.06

              	
                $0.00

              	
                $15,283.06

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                255

              	
                ORICA
      USA, INC.

              	
                120670

              	
                INVOICE

              	
                9/13/02

              	
                11/12/02

              	
                $461.00

              	
                $461.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                262

              	
                INTERMOUNTAIN
      WEST ENERGY

              	
                120700

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                ($12,306.00)

              	
                ($12,306.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                262

              	
                INTERMOUNTAIN
      WEST ENERGY

              	
                120701

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $11,750.40

              	
                $11,750.40

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                275

              	
                AUSTIN
      EXPLOSIVES

              	
                120677

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $435.00

              	
                $435.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                275

              	
                AUSTIN
      EXPLOSIVES

              	
                120678

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $1,867.00

              	
                $1,867.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                280

              	
                AUSTIN
      POWDER CO.

              	
                120511

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $1,902.00

              	
                $0.00

              	
                $1,902.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                280

              	
                AUSTIN
      POWDER CO.

              	
                120693

              	
                INVOICE

              	
                9/20/02

              	
                11/19/02

              	
                $423.00

              	
                $423.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                280

              	
                AUSTIN
      POWDER CO.

              	
                120710

              	
                INVOICE

              	
                9/20/02

              	
                11/19/02

              	
                $1,244.00

              	
                $1,244.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                280

              	
                AUSTIN
      POWDER CO.

              	
                120729

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $647.00

              	
                $647.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                280

              	
                AUSTIN
      POWDER CO.

              	
                120742

              	
                INVOICE

              	
                9/30/02

              	
                11/29/02

              	
                $973.00

              	
                $973.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                281

              	
                AUSTIN
      POWDER COMPANY

              	
                120499

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $9,242.10

              	
                $0.00

              	
                $9,242.10

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                281

              	
                AUSTIN
      POWDER COMPANY

              	
                120521

              	
                INVOICE

              	
                8/09/02

              	
                10/08/02

              	
                $10,440.00

              	
                $0.00

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                281

              	
                AUSTIN
      POWDER COMPANY

              	
                120593

              	
                INVOICE

              	
                8/23/02

              	
                10/22/02

              	
                $10,440.00

              	
                $0.00

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                282

              	
                AUSTIN
      POWDER COMPANY

              	
                120608

              	
                INVOICE

              	
                8/28/02

              	
                10/27/02

              	
                $9,945.00

              	
                $0.00

              	
                $9,945.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                282

              	
                AUSTIN
      POWDER COMPANY

              	
                120661

              	
                INVOICE

              	
                9/13/02

              	
                11/12/02

              	
                $9,725.05

              	
                $9,725.05

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                285

              	
                AUSTIN
      POWDER COMPANY

              	
                120536

              	
                INVOICE

              	
                8/13/02

              	
                10/12/02

              	
                $9,242.10

              	
                $0.00

              	
                $9,242.10

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                285

              	
                AUSTIN
      POWDER COMPANY

              	
                120571

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $9,648.00

              	
                $0.00

              	
                $9,648.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                440

              	
                BINNS
      & STEVENS EXPL. INC

              	
                120664

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $14,967.92

              	
                $14,967.92

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                461

              	
                BLUE
      CIRCLE INC

              	
                120709

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $1,440.00

              	
                $1,440.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120703

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $336.00

              	
                $336.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120715

              	
                INVOICE

              	
                9/25/02

              	
                10/25/02

              	
                $427.00

              	
                $427.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120718

              	
                INVOICE

              	
                9/25/02

              	
                10/25/02

              	
                $5,713.26

              	
                $5,713.26

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120751

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $702.00

              	
                $702.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120752

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $866.80

              	
                $866.80

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120755

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $5,371.90

              	
                $5,371.90

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                495

              	
                BRAKEFIELD
      EQUIPMENT INC

              	
                120756

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $4,792.65

              	
                $4,792.65

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120619

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $4,524.22

              	
                $0.00

              	
                $4,524.22

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120620

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $4,369.12

              	
                $0.00

              	
                $4,369.12

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120650

              	
                INVOICE

              	
                9/06/02

              	
                10/06/02

              	
                $4,482.00

              	
                $4,482.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120667

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $4,395.44

              	
                $4,395.44

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120690

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $4,245.04

              	
                $4,245.04

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              	 
      

      

      
        
           

        

        
          Page
1  

          
            

          

        

        
           

        

      

      
        	
                
Cusno

              	
                Cname

              	
                Invno

              	
                Type

              	
                InvDat

              	
                DueDat

              	
                Amount

              	
                Current

              	
                A30to60

              	
                A60to90

              	
                Over90

              	
                Cmpno

              	
                Cmpname

              	
                RptDate

              

      

      
        	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120726

              	
                INVOICE

              	
                9/26/02

              	
                10/26/02

              	
                $4,493.20

              	
                $4,493.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                610

              	
                BUCKLEY
      POWDER CO.

              	
                120759

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $4,374.76

              	
                $4,374.76

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                754

              	
                CASH
      SALES-BINARY

              	
                120606

              	
                INVOICE

              	
                8/27/02

              	
                8/27/02

              	
                ($389.98)

              	
                $0.00

              	
                ($389.98)

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                754

              	
                CASH
      SALES-BINARY

              	
                120617

              	
                INVOICE

              	
                8/29/02

              	
                8/29/02

              	
                $2,377.34

              	
                $0.00

              	
                $2,377.34

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                754

              	
                CASH
      SALES-BINARY

              	
                120642

              	
                INVOICE

              	
                8/30/02

              	
                8/30/02

              	
                $555.45

              	
                $0.00

              	
                $555.45

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                754

              	
                CASH
      SALES-BINARY

              	
                120674

              	
                INVOICE

              	
                9/13/02

              	
                9/13/02

              	
                $999.58

              	
                $999.58

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                756

              	
                CASH
      SALES-PRYOR OK

              	
                120643

              	
                INVOICE

              	
                9/04/02

              	
                9/10/02

              	
                $3,648.70

              	
                $3,648.70

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                756

              	
                CASH
      SALES-PRYOR OK

              	
                120643

              	
                CR
      MEMO

              	
                9/10/02

              	
                9/10/02

              	
                ($775.35)

              	
                ($775.35)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                756

              	
                CASH
      SALES-PRYOR OK

              	
                120746

              	
                INVOICE

              	
                9/30/02

              	
                9/30/02

              	
                $433.06

              	
                $433.06

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                935

              	
                CITY
      OF WEST PLAINS

              	
                120753

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $721.00

              	
                $721.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                956

              	
                CLEMENS
      COAL COMPANY

              	
                106722

              	
                INVOICE

              	
                2/13/97

              	
                3/15/97

              	
                $1,539.78

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $1,539.78

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                956

              	
                CLEMENS
      COAL COMPANY

              	
                106838

              	
                INVOICE

              	
                3/10/97

              	
                4/09/97

              	
                $704.24

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $704.24

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1071

              	
                CONTROLLED
      ENERGY SERVICE

              	
                115140

              	
                INVOICE

              	
                8/31/00

              	
                9/30/00

              	
                $2,560.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $2,560.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1071

              	
                CONTROLLED
      ENERGY SERVICE

              	
                115140

              	
                ADJMT

              	
                1/10/01

              	
                9/30/00

              	
                ($366.30)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($366.30)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1071

              	
                CONTROLLED
      ENERGY SERVICE

              	
                115141

              	
                INVOICE

              	
                8/31/00

              	
                9/30/00

              	
                $2,560.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $2,560.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1071

              	
                CONTROLLED
      ENERGY SERVICE

              	
                115486

              	
                INVOICE

              	
                10/09/00

              	
                11/08/00

              	
                $2,638.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $2,638.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1445

              	
                RIMROCK
      EXPLOSIVES

              	
                120676

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $774.00

              	
                $774.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1465

              	
                DYNO
      MIDAMERICA - 1465

              	
                120666

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $17,179.00

              	
                $17,179.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1560

              	
                ENERGY
      ENTERPRISES

              	
                120740

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $2,349.00

              	
                $2,349.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120310

              	
                INVOICE

              	
                6/26/02

              	
                8/25/02

              	
                $4,028.40

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $4,028.40

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120341

              	
                INVOICE

              	
                6/28/02

              	
                8/27/02

              	
                $3,906.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $3,906.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120357

              	
                INVOICE

              	
                6/28/02

              	
                8/27/02

              	
                $3,598.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $3,598.20

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120361

              	
                INVOICE

              	
                7/03/02

              	
                9/01/02

              	
                $4,175.10

              	
                $0.00

              	
                $0.00

              	
                $4,175.10

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120362

              	
                INVOICE

              	
                7/03/02

              	
                9/01/02

              	
                $4,185.00

              	
                $0.00

              	
                $0.00

              	
                $4,185.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120363

              	
                INVOICE

              	
                7/03/02

              	
                9/01/02

              	
                $4,107.60

              	
                $0.00

              	
                $0.00

              	
                $4,107.60

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120364

              	
                INVOICE

              	
                7/03/02

              	
                9/01/02

              	
                $3,882.60

              	
                $0.00

              	
                $0.00

              	
                $3,882.60

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120366

              	
                INVOICE

              	
                7/03/02

              	
                9/01/02

              	
                $4,032.00

              	
                $0.00

              	
                $0.00

              	
                $4,032.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120431

              	
                INVOICE

              	
                7/19/02

              	
                9/17/02

              	
                $3,623.40

              	
                $0.00

              	
                $0.00

              	
                $3,623.40

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120444

              	
                INVOICE

              	
                7/22/02

              	
                9/20/02

              	
                $4,066.20

              	
                $0.00

              	
                $0.00

              	
                $4,066.20

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120515

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $3,911.40

              	
                $0.00

              	
                $3,911.40

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120532

              	
                INVOICE

              	
                8/09/02

              	
                10/08/02

              	
                $3,956.40

              	
                $0.00

              	
                $3,956.40

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120578

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $3,744.00

              	
                $0.00

              	
                $3,744.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1566

              	
                E.E.I
      (MO)

              	
                120579

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $3,718.80

              	
                $0.00

              	
                $3,718.80

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1650

              	
                EXPLOSIVES
      PRODUCTS

              	
                120602

              	
                INVOICE

              	
                8/27/02

              	
                9/28/02

              	
                $3,366.00

              	
                $0.00

              	
                $3,366.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1650

              	
                EXPLOSIVES
      PRODUCTS

              	
                120602

              	
                CR
      MEMO

              	
                8/29/02

              	
                9/28/02

              	
                ($140.00)

              	
                $0.00

              	
                ($140.00)

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1650

              	
                EXPLOSIVES
      PRODUCTS

              	
                120603

              	
                INVOICE

              	
                8/27/02

              	
                9/26/02

              	
                $6,329.00

              	
                $0.00

              	
                $6,329.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1650

              	
                EXPLOSIVES
      PRODUCTS

              	
                120672

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $6,329.00

              	
                $6,329.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1937

              	
                GREEN
      MOUNTAIN EXPLOSIVES

              	
                120697

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $15,974.78

              	
                $15,974.78

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1937

              	
                GREEN
      MOUNTAIN EXPLOSIVES

              	
                120705

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $15,937.61

              	
                $15,937.61

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1940

              	
                GREENSBORO
      MACH & WELDING

              	
                120712

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $993.65

              	
                $993.65

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                1975

              	
                HALL
      EXPLOSIVES, INC.

              	
                120722

              	
                INVOICE

              	
                9/26/02

              	
                10/26/02

              	
                $4,741.00

              	
                $4,741.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2000

              	
                HEARTLAND
      CEMENT CO

              	
                120567

              	
                INVOICE

              	
                8/20/02

              	
                9/19/02

              	
                $9,970.50

              	
                $0.00

              	
                $9,970.50

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2000

              	
                HEARTLAND
      CEMENT CO

              	
                120655

              	
                INVOICE

              	
                9/10/02

              	
                10/10/02

              	
                $6,142.50

              	
                $6,142.50

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              

      

      
        
           

        

        
          Page
2  

          
            

          

        

        
           

        

      

      
        	
                
Cusno

              	
                Cname

              	
                Invno

              	
                Type

              	
                InvDat

              	
                DueDat

              	
                Amount

              	
                Current

              	
                A30to60

              	
                A60to90

              	
                Over90

              	
                Cmpno

              	
                Cmpname

              	
                RptDate

              

      

      
        	
                2000

              	
                HEARTLAND
      CEMENT CO

              	
                120707

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $13,555.20

              	
                $13,555.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2000

              	
                HEARTLAND
      CEMENT CO

              	
                120760

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $432.00

              	
                $432.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2025

              	
                HERMITAGE
      EXPLOSIVES CORP

              	
                120686

              	
                INVOICE

              	
                9/17/02

              	
                10/17/02

              	
                $9,416.00

              	
                $9,416.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2025

              	
                HERMITAGE
      EXPLOSIVES CORP

              	
                120748

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $9,416.00

              	
                $9,416.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2045

              	
                HILLTOP
      ENERGY

              	
                120669

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $6,418.00

              	
                $6,418.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2140

              	
                HUGHES
      SUPPLY INC

              	
                120711

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $125.00

              	
                $125.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2225

              	
                INTERSTATE
      TRANS EQ CO

              	
                120533

              	
                DR
      MEMO

              	
                8/09/02

              	
                9/08/02

              	
                $487.50

              	
                $0.00

              	
                $487.50

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2225

              	
                INTERSTATE
      TRANS EQ CO

              	
                120750

              	
                DR
      MEMO

              	
                9/30/02

              	
                10/30/02

              	
                $450.00

              	
                $450.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2231

              	
                DYNO
      NOBEL INC.

              	
                120539

              	
                INVOICE

              	
                8/13/02

              	
                10/12/02

              	
                $18,082.76

              	
                $0.00

              	
                $18,082.76

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2231

              	
                DYNO
      NOBEL INC.

              	
                120568

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $9,900.00

              	
                $0.00

              	
                $9,900.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2505

              	
                KENTUCKY
      POWDER COMPANY

              	
                120681

              	
                INVOICE

              	
                9/17/02

              	
                10/17/02

              	
                $7,120.00

              	
                $7,120.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2505

              	
                KENTUCKY
      POWDER COMPANY

              	
                120685

              	
                INVOICE

              	
                9/17/02

              	
                10/17/02

              	
                $8,148.00

              	
                $8,148.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2505

              	
                KENTUCKY
      POWDER COMPANY

              	
                120704

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $6,258.00

              	
                $6,258.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2505

              	
                KENTUCKY
      POWDER COMPANY

              	
                120749

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $6,258.00

              	
                $6,258.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                INVOICE

              	
                9/21/01

              	
                11/20/01

              	
                $47,521.98

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $47,521.98

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                1/29/02

              	
                11/20/01

              	
                ($20,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($20,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                2/27/02

              	
                11/20/01

              	
                ($3,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($3,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                4/29/02

              	
                11/20/01

              	
                ($4,521.98)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($4,521.98)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                5/17/02

              	
                11/20/01

              	
                ($2,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($2,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                7/22/02

              	
                11/20/01

              	
                ($2,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($2,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                8/12/02

              	
                11/20/01

              	
                ($2,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($2,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                8/23/02

              	
                11/20/01

              	
                ($1,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($1,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2511

              	
                KESCO,
      INC. (SOUTHEAST)

              	
                118457

              	
                PAYMENT

              	
                8/30/02

              	
                11/20/01

              	
                ($1,000.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($1,000.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120654

              	
                INVOICE

              	
                9/10/02

              	
                10/10/02

              	
                $4,203.21

              	
                $4,203.21

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120665

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $5,837.04

              	
                $5,837.04

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120695

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $3,891.36

              	
                $3,891.36

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120696

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $6,098.40

              	
                $6,098.40

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120717

              	
                INVOICE

              	
                9/25/02

              	
                10/25/02

              	
                $3,081.90

              	
                $3,081.90

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120745

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $11,764.83

              	
                $11,764.83

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2750

              	
                LONE
      STAR INDUSTRIES

              	
                120761

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $6,541.59

              	
                $6,541.59

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120645

              	
                INVOICE

              	
                9/04/02

              	
                10/19/02

              	
                $9,682.20

              	
                $9,682.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120646

              	
                INVOICE

              	
                9/04/02

              	
                10/19/02

              	
                $9,680.00

              	
                $9,680.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120687

              	
                INVOICE

              	
                9/17/02

              	
                11/01/02

              	
                $9,680.00

              	
                $9,680.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120688

              	
                INVOICE

              	
                9/17/02

              	
                11/01/02

              	
                $9,682.20

              	
                $9,682.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120698

              	
                INVOICE

              	
                9/20/02

              	
                11/04/02

              	
                $9,680.00

              	
                $9,680.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120699

              	
                INVOICE

              	
                9/20/02

              	
                11/04/02

              	
                $10,419.08

              	
                $10,419.08

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120702

              	
                INVOICE

              	
                9/20/02

              	
                11/04/02

              	
                $9,682.20

              	
                $9,682.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120706

              	
                INVOICE

              	
                9/20/02

              	
                11/04/02

              	
                $9,678.90

              	
                $9,678.90

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                16122

              	
                CHGBACK

              	
                9/30/02

              	
                11/14/02

              	
                $23.10

              	
                $23.10

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120747

              	
                INVOICE

              	
                9/30/02

              	
                11/14/02

              	
                $10,668.00

              	
                $10,668.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2820

              	
                MAURER
      & SCOTT INC

              	
                120754

              	
                INVOICE

              	
                9/30/02

              	
                11/14/02

              	
                $9,682.20

              	
                $9,682.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                2995

              	
                INDEPENDENT
      SALT COMPANY

              	
                120719

              	
                INVOICE

              	
                9/26/02

              	
                10/26/02

              	
                $21,721.20

              	
                $21,721.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3085

              	
                NELSON
      BROTHERS, LLC

              	
                120692

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $1,971.75

              	
                $1,971.75

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              

      

      
        
           

        

        
          Page
3  

          
            

          

        

        
           

        

      

      
        	
                
Cusno

              	
                Cname

              	
                Invno

              	
                Type

              	
                InvDat

              	
                DueDat

              	
                Amount

              	
                Current

              	
                A30to60

              	
                A60to90

              	
                Over90

              	
                Cmpno

              	
                Cmpname

              	
                RptDate

              

      

    

    
      
        	
                3090

              	
                NELSON
      BROTHERS QUARRY

              	
                120587

              	
                INVOICE

              	
                8/23/02

              	
                9/22/02

              	
                ($216.00)

              	
                $0.00

              	
                ($216.00)

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3160

              	
                NORTH
      AMERICAN IND. SERV

              	
                120675

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $6,477.78

              	
                $6,477.78

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3160

              	
                NORTH
      AMERICAN IND. SERV

              	
                120730

              	
                INVOICE

              	
                9/26/02

              	
                10/26/02

              	
                $422.30

              	
                $422.30

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3160

              	
                NORTH
      AMERICAN IND. SERV

              	
                120741

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $324.50

              	
                $324.50

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3160

              	
                NORTH
      AMERICAN IND. SERV

              	
                120744

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $6,477.78

              	
                $6,477.78

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3166

              	
                NORTH
      COUNTRY EXPLOSIVES

              	
                120493

              	
                INVOICE

              	
                7/31/02

              	
                8/30/02

              	
                $7,236.41

              	
                $0.00

              	
                $0.00

              	
                $7,236.41

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3166

              	
                NORTH
      COUNTRY EXPLOSIVES

              	
                120493

              	
                PAYMENT

              	
                9/20/02

              	
                8/30/02

              	
                ($6,763.00)

              	
                $0.00

              	
                $0.00

              	
                ($6,763.00)

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3181

              	
                OMNI
      DISTRIBUTING INC

              	
                120166

              	
                INVOICE

              	
                5/24/02

              	
                6/23/02

              	
                $10,954.30

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $10,954.30

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3359

              	
                PHOENIX
      MINING COMPANY

              	
                120629

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $4,783.60

              	
                $0.00

              	
                $4,783.60

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3410

              	
                PRYOR
      STONE INC

              	
                120648

              	
                INVOICE

              	
                9/06/02

              	
                10/06/02

              	
                $1,735.96

              	
                $1,735.96

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3410

              	
                PRYOR
      STONE INC

              	
                120662

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $983.29

              	
                $983.29

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3410

              	
                PRYOR
      STONE INC

              	
                120689

              	
                INVOICE

              	
                9/17/02

              	
                10/17/02

              	
                $2,409.46

              	
                $2,409.46

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3410

              	
                PRYOR
      STONE INC

              	
                120714

              	
                INVOICE

              	
                9/25/02

              	
                10/25/02

              	
                $515.35

              	
                $515.35

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3410

              	
                PRYOR
      STONE INC

              	
                120758

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $3,413.70

              	
                $3,413.70

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120653

              	
                INVOICE

              	
                9/10/02

              	
                11/09/02

              	
                $5,109.07

              	
                $5,109.07

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120682

              	
                INVOICE

              	
                9/17/02

              	
                11/16/02

              	
                $13,055.63

              	
                $13,055.63

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120684

              	
                INVOICE

              	
                9/17/02

              	
                11/16/02

              	
                $1,226.44

              	
                $1,226.44

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120708

              	
                INVOICE

              	
                9/20/02

              	
                11/19/02

              	
                $202.75

              	
                $202.75

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120720

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $17,091.00

              	
                $17,091.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3450

              	
                QUAPAW

              	
                120724

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $10,403.14

              	
                $10,403.14

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3599

              	
                RICHARDSON
      WELL DRLG

              	
                120680

              	
                INVOICE

              	
                9/17/02

              	
                10/17/02

              	
                $936.78

              	
                $936.78

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3675

              	
                RONCO
      CONSULTING CORP

              	
                119510

              	
                INVOICE

              	
                1/24/02

              	
                2/23/02

              	
                $81.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $81.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3675

              	
                RONCO
      CONSULTING CORP

              	
                119511

              	
                INVOICE

              	
                1/24/02

              	
                2/23/02

              	
                $81.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $81.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3675

              	
                RONCO
      CONSULTING CORP

              	
                119595

              	
                INVOICE

              	
                2/08/02

              	
                3/10/02

              	
                $1,716.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $1,716.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3675

              	
                RONCO
      CONSULTING CORP

              	
                119663

              	
                INVOICE

              	
                2/22/02

              	
                3/24/02

              	
                ($4,974.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($4,974.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3675

              	
                RONCO
      CONSULTING CORP

              	
                119955

              	
                INVOICE

              	
                4/17/02

              	
                5/17/02

              	
                $81.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $81.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120171

              	
                INVOICE

              	
                5/24/02

              	
                8/30/02

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $10,440.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120171

              	
                CR
      MEMO

              	
                5/31/02

              	
                8/30/02

              	
                ($185.60)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($185.60)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120171

              	
                CR
      MEMO

              	
                6/07/02

              	
                8/30/02

              	
                ($185.60)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($185.60)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120171

              	
                DR
      MEMO

              	
                7/01/02

              	
                8/30/02

              	
                $185.60

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $185.60

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120171

              	
                PAYMENT

              	
                9/24/02

              	
                8/30/02

              	
                ($10,440.00)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($10,440.00)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                29222

              	
                CHGBACK

              	
                9/24/02

              	
                11/23/02

              	
                $278.40

              	
                $278.40

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3810

              	
                DYNO
      EAST KENTUCKY INC

              	
                120723

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $1,686.40

              	
                $1,686.40

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120471

              	
                INVOICE

              	
                7/31/02

              	
                9/29/02

              	
                $9,452.10

              	
                $0.00

              	
                $0.00

              	
                $9,452.10

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120474

              	
                INVOICE

              	
                7/31/02

              	
                9/29/02

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                $10,440.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120503

              	
                INVOICE

              	
                8/06/02

              	
                10/05/02

              	
                $9,450.00

              	
                $0.00

              	
                $9,450.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120589

              	
                INVOICE

              	
                8/23/02

              	
                10/22/02

              	
                $9,452.10

              	
                $0.00

              	
                $9,452.10

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120600

              	
                INVOICE

              	
                8/27/02

              	
                10/26/02

              	
                $10,440.00

              	
                $0.00

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120601

              	
                INVOICE

              	
                8/27/02

              	
                10/26/02

              	
                $9,450.00

              	
                $0.00

              	
                $9,450.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120683

              	
                INVOICE

              	
                9/17/02

              	
                11/16/02

              	
                $10,440.00

              	
                $10,440.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120716

              	
                INVOICE

              	
                9/25/02

              	
                11/24/02

              	
                $9,450.00

              	
                $9,450.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120725

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $9,452.10

              	
                $9,452.10

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3870

              	
                AUSTIN
      POWDER COMPANY

              	
                120728

              	
                INVOICE

              	
                9/26/02

              	
                11/25/02

              	
                $1,690.00

              	
                $1,690.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              

      

      
        
           

        

        
          Page
4  

          
            

          

        

        
           

        

      

    

     

    

      
        	
                
Cusno

              	
                Cname

              	
                Invno

              	
                Type

              	
                InvDat

              	
                DueDat

              	
                Amount

              	
                Current

              	
                A30to60

              	
                A60to90

              	
                Over90

              	
                Cmpno

              	
                Cmpname

              	
                RptDate

              

      

      
        	
                3882

              	
                HEARTLAND
      RURAL ELEC COOP

              	
                120691

              	
                INVOICE

              	
                9/20/02

              	
                10/20/02

              	
                $410.00

              	
                $410.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120412

              	
                INVOICE

              	
                7/16/02

              	
                8/15/02

              	
                $397.97

              	
                $0.00

              	
                $0.00

              	
                $397.97

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120522

              	
                INVOICE

              	
                8/09/02

              	
                9/08/02

              	
                $7,120.94

              	
                $0.00

              	
                $7,120.94

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120565

              	
                INVOICE

              	
                8/20/02

              	
                9/19/02

              	
                $5,783.79

              	
                $0.00

              	
                $5,783.79

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120639

              	
                INVOICE

              	
                8/30/02

              	
                9/29/02

              	
                $5,669.52

              	
                $0.00

              	
                $5,669.52

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120658

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $5,914.23

              	
                $5,914.23

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                3887

              	
                PETE
      SAMS DBA SAMS EXPLOS

              	
                120757

              	
                INVOICE

              	
                9/30/02

              	
                10/30/02

              	
                $5,723.90

              	
                $5,723.90

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4079

              	
                ST
      LAWRENCE EXPLOSIVES

              	
                120721

              	
                INVOICE

              	
                9/26/02

              	
                10/26/02

              	
                $7,939.82

              	
                $7,939.82

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4125

              	
                DYNO
      NOBEL MIDAMERICA

              	
                120574

              	
                INVOICE

              	
                8/20/02

              	
                10/19/02

              	
                $9,902.20

              	
                $0.00

              	
                $9,902.20

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4125

              	
                DYNO
      NOBEL MIDAMERICA

              	
                120630

              	
                INVOICE

              	
                8/29/02

              	
                10/28/02

              	
                $9,900.00

              	
                $0.00

              	
                $9,900.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4125

              	
                DYNO
      NOBEL MIDAMERICA

              	
                120657

              	
                INVOICE

              	
                9/10/02

              	
                11/09/02

              	
                $10,395.00

              	
                $10,395.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119614

              	
                INVOICE

              	
                2/12/02

              	
                9/20/02

              	
                $23,714.56

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $23,714.56

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119614

              	
                CR
      MEMO

              	
                7/22/02

              	
                9/20/02

              	
                ($11,783.80)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($11,783.80)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119662

              	
                INVOICE

              	
                2/22/02

              	
                9/20/02

              	
                $1,386.62

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $1,386.62

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119662

              	
                CR
      MEMO

              	
                7/22/02

              	
                9/20/02

              	
                ($496.50)

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                ($496.50)

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119851

              	
                INVOICE

              	
                3/28/02

              	
                5/27/02

              	
                $24,811.92

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $24,811.92

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                119928

              	
                INVOICE

              	
                4/12/02

              	
                6/11/02

              	
                $19,673.85

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $19,673.85

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                120194

              	
                INVOICE

              	
                5/30/02

              	
                7/29/02

              	
                $2,001.90

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                $2,001.90

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4395

              	
                TPL
      INC.

              	
                120443

              	
                INVOICE

              	
                7/22/02

              	
                9/20/02

              	
                $786.50

              	
                $0.00

              	
                $0.00

              	
                $786.50

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120594

              	
                INVOICE

              	
                8/23/02

              	
                9/22/02

              	
                $3,850.50

              	
                $0.00

              	
                $3,850.50

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120595

              	
                INVOICE

              	
                8/23/02

              	
                9/22/02

              	
                $3,150.10

              	
                $0.00

              	
                $3,150.10

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120596

              	
                INVOICE

              	
                8/23/02

              	
                9/22/02

              	
                $5,888.00

              	
                $0.00

              	
                $5,888.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120597

              	
                INVOICE

              	
                8/23/02

              	
                9/22/02

              	
                $6,000.64

              	
                $0.00

              	
                $6,000.64

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120604

              	
                INVOICE

              	
                8/27/02

              	
                9/26/02

              	
                $5,380.31

              	
                $0.00

              	
                $5,380.31

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120607

              	
                INVOICE

              	
                8/27/02

              	
                9/26/02

              	
                $4,221.10

              	
                $0.00

              	
                $4,221.10

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120611

              	
                INVOICE

              	
                8/28/02

              	
                9/27/02

              	
                $5,939.20

              	
                $0.00

              	
                $5,939.20

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120612

              	
                INVOICE

              	
                8/28/02

              	
                9/27/02

              	
                $4,156.97

              	
                $0.00

              	
                $4,156.97

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120615

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $4,867.20

              	
                $0.00

              	
                $4,867.20

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120616

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $5,875.20

              	
                $0.00

              	
                $5,875.20

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120621

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $4,377.50

              	
                $0.00

              	
                $4,377.50

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4521

              	
                UNIVERSAL
      TECH CORPORATIO

              	
                120652

              	
                INVOICE

              	
                9/10/02

              	
                10/10/02

              	
                $5,859.43

              	
                $5,859.43

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4590

              	
                W.
      A. Murphy Inc.

              	
                120656

              	
                INVOICE

              	
                9/10/02

              	
                10/10/02

              	
                $13,729.20

              	
                $13,729.20

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4590

              	
                W.
      A. Murphy Inc.

              	
                120668

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $4,227.00

              	
                $4,227.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4636

              	
                WAMPUM
      HARDWARE COMPANY

              	
                120659

              	
                INVOICE

              	
                9/13/02

              	
                10/13/02

              	
                $11,550.00

              	
                $11,550.00

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4694

              	
                WESCO,
      INC.

              	
                120627

              	
                INVOICE

              	
                8/29/02

              	
                9/28/02

              	
                $3,198.12

              	
                $0.00

              	
                $3,198.12

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4694

              	
                WESCO,
      INC.

              	
                120649

              	
                INVOICE

              	
                9/06/02

              	
                10/06/02

              	
                $6,747.30

              	
                $6,747.30

              	
                $0.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	
                4798

              	
                WORKIZER
      WORK PROD, INC.

              	
                120507

              	
                INVOICE

              	
                8/06/02

              	
                9/05/02

              	
                $455.00

              	
                $0.00

              	
                $455.00

              	
                $0.00

              	
                $0.00

              	
                254

              	
                Slurry
      Explosive Corp.

              	
                9/30/02

              
	 
      	 
      	 
      	 
      	 
      	 
      	
                $1,028,438.29

              	
                $554,818.02

              	
                $308,102.76

              	
                $65,286.94

              	
                $100,230.57

              	 
      	 
      	 
      

      

      
        
           

        

        
          Page
5  

          
            

          

        

        
           

        

      

      Part 3.15(a)

      

      EMPLOYEE
PLANS

       

      Slurry
Explosive Corporation and Universal Tech Corporation contribute to the following
Employee Benefit Plans (copies of which have been provided to
Buyers):

      

      
        	
                1.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Medical, Dental, Vision and
      Behavioral Health Plan.

              

      

      

      
        	
                2.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Savings Incentive Plan
      (401k).

              

      

      

      
        	
                3.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Flexible Spending Account
      (Section 125 Cafeteria Plan).

              

      

      

      
        	
                4.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Base Life Insurance
      Plan.

              

      

      

      
        	
                5.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Voluntary Life Insurance
      Plan.

              

      

      

      
        	
                6.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Long Term Disability Base
      Plan.

              

      

      

      
        	
                7.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Long Term Disability
      Supplemental Plan.

              

      

      

      
        	
                8.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Short Term Disability/Weekly
      Income Benefit Plan.

              

      

      

      
        	
                9.  

              	
                LSB
      Industries, Inc. and Designated Subsidiaries Employee Assistance
      Program.

              

      

       

      ERISA
affiliates include the following companies:

      

      ACP International Limited

      Cherokee Nitrogen Company

      ClimaChem,
Inc.

      ClimaCool Corp.

      Climate Master International
Limited

      Climate Master, Inc.

      Climate Mate, Inc.

      ClimateCraft
Technologies, Inc.

      ClimateCraft, Inc.

      Clipmate Corporation

      Crystal City Nitrogen
Company

      DSN Corporation

      El Dorado Acid, L.L.C.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      El Dorado Acid II, L.L.C.

      El Dorado Chemical Company

      El Dorado Nitric Company

      El Dorado Nitrogen, L.P.

      Hercules
Energy Mfg. Corporation

      International Environmental
Corporation

      Koax Corp.

      L&S Automotive Technologies,
Inc.

      LSA
Technologies Inc.

      LSB Australia Pty. Ltd.

      LSB Chemical Corp.

      LSB Holdings, Inc.

      LSB-Europa Limited

      Northwest Capital
Corporation

      Northwest Financial
Corporation

      Prime
Financial Corporation

      Prime Holdings Corporation

      Pryor Plant Chemical
Company

      Slurry Explosive
Corporation

      Summit Machine Tool Inc.
Corp.

      Summit
Machine Tool Manufacturing Corp.

      Summit Machinery Company

      The Climate Control Group,
Inc.

      The Environmental Group International
Limited

      The Environmental Group,
Inc.

      ThermalClime, Inc.

      Tower Land Development
Corp.

      TRISON Construction, Inc.

      Universal Tech Corporation

       

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

    

    

      Part 3.16(a)

      

      EXCEPTIONS TO COMPLIANCE
WITH LEGAL REQUIREMENTS

       

      Due to
certain alleged violations of explosives storage and related regulations, in
February 2002, the government regulator of explosives companies, the Bureau of
Alcohol, Tobacco and Firearms (“BATF”), issued an order revoking the
manufacturing license of Slurry Explosive Corporation (“SEC”) for its Hallowell
Facility to produce certain explosives products and confiscated certain high
explosives inventory.  The license revocation order was upheld by an
administrative law judge after an administrative trial.  SEC and LSB
is currently reviewing its legal alternatives regarding the license
revocation.  In addition, SEC and LSB received a grand jury subpoena
from the U.S. Attorney's office of Wichita, Kansas requesting business records
of SEC.  SEC has complied with such subpoena.  On December
2, 2002, SEC and LSB received two additional Subpoenas from the U.S. Attorney’s
office of Wichita, Kansas seeking additional business records of
SEC.  SEC and LSB will coordinate with the U.S. Attorney’s office
concerning their timely compliance with these subpoenas.

      

      UTeC
filed an application with the BATF to obtain a manufacturing license for the
Hallowell Facility.  On September 30, 2002, Universal Tech Corporation
(“UTeC”) obtained from the BATF the license to manufacture explosives at the
Hallowell Facility.

      

      As a result of a review by the BATF of
SEC’s Pryor, Oklahoma facility on November 26, 2002, it was brought to SEC’s
attention that BATF considered surrounding, offsite buildings to be inhabited
dwellings which would substantially reduce allowable storage quantities for
explosives and blasting agents at the facility from the approved storage
quantities allowed as a result of the BATF’s inspection of the unchanged site
conditions in July, 2002.  On November 26, 2002, SEC reduced the
on-site storage quantities so as to comply with the new
requirements.

      

      See also those matters disclosed in
Part 3.17(a).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.16(b)

      

      GOVERNMENTAL AUTHORIZATIONS;
EXCEPTIONS TO COMPLIANCE

      

      

      
        	
                A.  

              	
                The
      following is a list of Governmental Authorizations that are held by Slurry
      Explosive Corporation (“SEC”) (copies of which have been provided to
      Buyers):

              

      

      
        	
                1.  

              	
                Bureau
      of Alcohol, Tobacco and Firearms (“BATF”) Explosives
    Licenses:

              

      

      
        	
                a.  

              	
                Oklahoma
      City, Oklahoma - No license has been issued
      to-date.  Status:  SEC applied for a license in April,
      2002.  The BATF completed an inspection of the site, and the
      application is in the BATF regional office in Dallas, Texas for further
      review and final determination.

              

      

      
        	
                b.  

              	
                Web
      City, Missouri - License #5-MO-050-20-2D-0414.  License
      type:  Manufacture of High Explosives.  SEC submitted
      a renewal application to the BATF in March, 2002.  The BATF
      conducted a site inspection in March, 2002.  The license expired
      on April 1, 2002.  The BATF issued a letter allowing the site to
      operate for twelve (12) months.

              

      

      
        	
                c.  

              	
                Pryor,
      Oklahoma - License #5-OK-049-20-2F-04352.  License
      type:  Manufacture of High Explosives.  SEC submitted
      a renewal application to the BATF in April, 2002.  The BATF
      conducted a site inspection in May, 2002 and found no major
      violations.  The license expired on June 1, 2002.  The
      BATF issued a letter authorizing SEC to continue operation of the site
      with an expired license for six (6) months.  Another extension
      will be issued if determination is not made by October 20,
      2002.

              

      

      

      
        	
                2.  

              	
                State
      of Kansas Boiler Inspections (all expire March 14,
  2003):

              

      

      
        	
                a.  

              	
                45274H

              

      

      
        	
                b.  

              	
                45275

              

      

      
        	
                c.  

              	
                5065H

              

      

      
        	
                d.  

              	
                30740H

              

      

      

      
        	
                3.  

              	
                Kansas
      Department of Health and Environment:  Owner ID #43752; Facility
      ID #43752; Purpose:  8,800 gallon above ground diesel tank
      #A001.

              

      

      

      
        	
                4.  

              	
                Acknowledgment
      letter dated January 23, 1995 from the Kansas Department of Health and
      Environment regarding receipt of Industrial Stormwater Permit Application
      for the Hallowell, Kansas facility.

              

      

      

      
        	
                5.  

              	
                Oklahoma
      Department of Environmental Quality Authorization to Discharge Under the
      OPDES Storm Water Industrial General Permit - Authorization No. OKGP00370;
      expires October 2, 2005.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      
        	
                6.  

              	
                Federal
      Communication Corporation Radio Station Authorization:  Call
      sign WPUK805; File #0000761031.

              

      

      

      
        	
                7.  

              	
                Defense
      Logistics Agency Central Contractor Registration No. 198451981 (permits
      export/import of propellant in explosive grade
  material).

              

      

      

      
        	
                8.  

              	
                International
      Fuel Tax Association (“IFTA”) License #731330903; expires December 31,
      2002.  The IFTA License covers the following states and Canadian
      provinces:  Alberta, Alabama, Arkansas, Arizona, British
      Columbia, California, Colorado, Connecticut, Delaware, Florida, Georgia,
      Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana,
      Massachusetts, Manitoba, Maryland, Maine, Michigan, Minnesota, Missouri,
      Mississippi, Montana, New Brunswick, North Carolina, North Dakota,
      Nebraska, Newfoundland, New Hampshire, New Jersey, New Mexico, Nova
      Scotia, Nevada, New York, Ohio, Oklahoma, Ontario, Oregon, Pennsylvania,
      Prince Edward Island, Quebec, Rhode Island, South Carolina, South Dakota,
      Saskatchewan,
      Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West
      Virginia, and Wyoming.

              

      

      

      
        	
                9.  

              	
                New
      Mexico Hazardous Material Transportation Permit #00000840884; expires
      January 29, 2003.

              

      

      

      
        	
                10.  

              	
                Colorado
      Hazardous Material Transportation Permit #HMP-02166; expires November 3,
      2002.

              

      

      

      
        	
                11.  

              	
                California
      Hazardous Material Transportation License - Control #151491; License
      #130394; CHP Carrier #CA-135088; expires February 28,
  2003.

              

      

      

      
        	
                12.  

              	
                Kansas
      Sales Tax Registration Certificate
#10100290.

              

      

      

      
        	
                13.  

              	
                Ohio
      Alliance for Uniform HazMat Transportation Procedures - Uniform Program ID
      #UPM-0343566-OH.

              

      

      

      
        	
                14.  

              	
                Kansas
      Corporation Commission:  KSMCID 112681; USDOT #343566; expires
      December 31, 2002.

              

      

      

      
        	
                15.  

              	
                Arkansas
      Sales and Use Tax Permit
#105669-76-001.

              

      

      

      
        	
                16.  

              	
                Colorado
      Retailers Use License
#09-78925-0000.

              

      

      

      
        	
                17.  

              	
                Connecticut
      Sales and Use Tax Permit Registration #7279334-000; expires September 30,
      2004.

              

      

      

      
        	
                18.  

              	
                Florida
      Sales and Use Tax Registration Certificate
    #78-00-080522-63-6.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                19.  

              	
                Georgia
      Sales and Use Tax Registration Certificate #154-79-02353-7; State Taxpayer
      Identifier #20006567258.

              

      

      

      
        	
                20.  

              	
                Iowa
      Use Tax Registration #2-00-127156.

              

      

      

      
        	
                21.  

              	
                Illinois
      Use Tax Registration Certificate #2152-1336; expires April,
      2004.

              

      

      

      
        	
                22.  

              	
                Kentucky
      Sales and Use Tax Permit, Account
#088889.

              

      

      

      
        	
                23.  

              	
                Louisiana
      Sales Tax Registration Certificate #6938575-001
  X.

              

      

      

      
        	
                24.  

              	
                Michigan
      Use Tax Registration Account
#73-1330903.

              

      

      

      
        	
                25.  

              	
                Minnesota
      Sales and Use Tax Permit #3587694.

              

      

      

      
        	
                26.  

              	
                Nebraska
      Retailers Use Tax Permit ID #02-6670679; Serial
  #641706.

              

      

      

      
        	
                27.  

              	
                New
      Mexico Registration Certificate ID
  #02-117466-00-0

              

      

      

      
        	
                28.  

              	
                North
      Dakota Sales and Use Permit
#126986.

              

      

      

      
        	
                29.  

              	
                Oklahoma
      Sales Tax Permit #468543; expires February 26,
  2004.

              

      

      

      
        	
                30.  

              	
                Tennessee
      Sales and Use Tax Registration Account
  #101724332.

              

      

      

      
        	
                31.  

              	
                Washington
      Tax Registration, Unified Business ID#601 196
  131.

              

      

      

      
        	
                32.  

              	
                Missouri
      Use Tax License ID #13669702.

              

      

      

      
        	
                33.  

              	
                United
      States Department of Transportation (“DOT”) Registration
      #343566

              

      

      

      
        	
                34.  

              	
                Hazardous
      Material Registration #060402 007 017K; expires June 30,
    2003.

              

      

      

      
        	
                B.  

              	
                The
      following is a list of Governmental Authorizations that are held by
      Universal Tech Corporation (copies of which have been provided to
      Buyers):

              

      

      

      1.           BATF
Explosives Licenses:

      

      
        	
                a.  

              	
                Riverton,
      Kansas - Jawhawk Lab:  License #5-KS-021-20-4D-08787; License
      type:  Manufacture of High Explosives; license expires April 1,
      2004.

              

      

      

      
        	
                b.  

              	
                Riverton,
      Kansas - Underwater Lab and PRUF Plant:  License
      #5-KS-173-20-4D-08786; License type:  Manufacture of High
      Explosives; license expires April 1,
2004.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                c.  

              	
                Hallowell,
      Kansas:  License #5-KS-021-20-5K-00109; License
      type:  Manufacture of High Explosives; license expires October
      1, 2005.

              

      

      

      
        	
                d.  

              	
                Riverton,
      Kansas - PRUF Plant:  License #5-KS-021-23-4K-10896; License
      Type:  Importer of High Explosives; license expires October 1,
      2005.

              

      

      

      
        	
                2.  

              	
                DOT
      Registration #538045.

              

      

      

      
        	
                3.  

              	
                Hazardous
      Material Registration #05 16 02 007 003K; expires June 30,
      3003.

              

      

      

      
        	
                4.  

              	
                Kansas
      State Fire Marshal Explosives Storage Site Permit #KSES0034; expires
      January 12, 2003.

              

      

      

      
        	
                5.  

              	
                Acknowledgment
      letter dated November 20, 1995 from the Kansas Department of Health and
      Environment regarding receipt of Notice of Intent for Discharge of
      Stormwater Runoff from Industrial Activity R&D
  Lab.

              

      

      

      
        	
                6.  

              	
                Kansas
      Department of Health and Environment Air Emission Source Construction
      Permit No. 0210027 for R&D Lab.

              

      

      

      
        	
                7.  

              	
                Bureau
      of Political-Military Affairs - Office of Defense Trade Controls PM/DTC
      Code 030311586; expires March 2003 (munitions dealer
    license).

              

      

      

      
        	
                8.  

              	
                United
      States/Canada Joint Certification Office of the Defense Logistics
      Information Service Militarily Critical Technical Data Agreement regarding
      low security clearance
registration.

              

      

      
        
           

        

        
          4 

          
            

          

        

        
           

        

      

      Part 3.17(a)

      

      LEGAL
PROCEEDINGS

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are aware of
those matters reflected in Part 2.1(j) and Part 2.1(k) which could give rise to
potential claims by UTeC or SEC and which might relate to or affect the Assets
or the Assumed Liabilities.  UTeC and SEC are also aware of the
following proceedings which might have a material adverse impact on UTeC or SEC,
the Assets, the Assumed Liabilities, and/or the Contemplated
Transactions:

      

      1.           Slurry Explosive Corporation
(“Slurry”) - Department of the Treasury, Bureau of Alcohol, Tobacco and Firearms
(“BATF”).  Due to certain alleged violations of explosives
storage and related regulations, in February 2002, the government regulator of
explosives companies, Bureau of Alcohol, Tobacco and Firearms (“BATF”), issued
an order revoking the manufacturing license of Slurry Explosive Corporation
(“Slurry”) for its Hallowell, Kansas facility (“Hallowell Facility”) to produce
certain explosives products and confiscated certain high explosives
inventory.  The license revocation order was upheld by an
administrative law judge after an administrative trial.

      

      In
addition, Slurry and the Company have received a grand jury subpoena from the
U.S. Attorney’s office of Wichita, Kansas requesting business records of
Slurry.  Slurry has complied with the subpoena.  On December
2, 2002, SEC and LSB received two additional Subpoenas from the U.S. Attorney’s
office of Wichita, Kansas seeking additional business records of
SEC.  SEC and LSB will coordinate with the U.S. Attorney’s office
concerning their timely compliance with these subpoenas.

      

      Universal
Tech Corporation (“UTeC”) has acquired the assets associated with the Hallowell
Facility.  UTeC has received an ATF license to manufacture explosives
at the Hallowell Facility.

      

      2.           Slurry Explosive Corporation
(“SEC”) - Kansas Department of Environmental Quality
(KDHE).  On March 29, 2002, Slurry Explosive Corporation
(“Slurry”) signed a consent administrative order (“Slurry Consent Order”) with
the Kansas Department of Health and Environment (“KDHE”), regarding Slurry’s
Hallowell, Kansas manufacturing facility (“Hallowell Facility”) which was
effective April 22, 2002.  The Slurry Consent Order states that there
exists soil and groundwater contamination, and there exists surface water
contamination in the strip adjacent to the Hallowell Facility.  There
are no known users of the groundwater in the area.  The adjacent pit
is used for fishing.  Under the terms of the Slurry Consent Order,
Slurry is required to a) submit an environmental assessment work plan to the
KDHE for review and approval, b) agree with the KDHE as to any required
corrective actions to be performed at the Hallowell Facility, and c) provide
reports to the KDHE, all of the preceding in accordance with the time frames and
formats required in the Slurry Consent Order.  The draft work plan was
submitted to the KDHE on June 20, 2002.  The KDHE has commented on the
work plan, and 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Slurry is
in the process of preparing a response thereto.  Slurry has also
received a request by the KDHE to accelerate the investigation of the strip pit
due to its public access.  All documents related to this Slurry
Consent Order have been provided to Buyer.

      

      3.           Universal Tech Corporation -
Claim by Dyno Nobel under the Underwater Lab Lease.  Dyno
Nobel, landlord of the lease to Universal Tech Corporation (“UTeC”) on the
Underwater Lab has notified UTeC that DYNO Nobel considers production of
explosives at the PRUF Plant to be a violation of the provisions of the Lease,
which limits permissible activities at the property.  Dyno Nobel is
aware of Slurry Explosive Corporation’s (“SEC”) license revocation at the
Hallowell, Kansas facility, and Dyno Nobel is aware that the PRUF Plant was the
only available production site of product for SEC during the period between the
revocation of SEC’s license and the recent receipt by UTeC of the license to
manufacture explosives at the Hallowell, Kansas facility.  Dyno Nobel
appears to be more concerned with future manufacture of product rather than with
the past manufacture of product.  Dyno Nobel is also concerned that no
environmental contamination results from production at the PRUF
plant.  UTeC has assured Dyno Nobel that production of explosives is
being transferred to the Hallowell, Kansas facility, and that no environmental
impact has resulted from such production.  For this reason, no
litigation has commenced and none is expected.

      

      4.           Consent
Agreement in The
Matter of Pollution at Former Gulf Oil Company Jayhawk Plant, Galena,
Kansas, Case No. 98-E-0109, Kansas Department of Health and Environment,
last signed June 16, 1999, termination upon KDHE’s notice that the terms have
been satisfactorily completed.

      

      5. Consent
Order entered in The
Matter of Pollution at Slurry Explosive Corporation, Hallowell, Kansas,
Case No. 02-E-0049, Kansas Department of Health and Environment (“KDHE”), dated
April 22, 2002, terminating upon KDHE’s notice that terms have been
satisfactorily completed.

      

      6. Stipulation
for Compromise Settlement in United States of America v.
1.5 Blasting Agents, et al., Civil Case No. 0201096-WEB, U.S.D.C.,
District of Kansas dated October, 2002, consenting to the forfeiture of product
seized by the ATF.

      

      7. See also
those matters disclosed in Part 3.16(a).

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      Part 3.17(b)

      

      ORDERS

      

      

      Except as disclosed in Part 3.17(a),
which Part is incorporated herein by reference, Universal Tech Corporation and
Slurry Explosive Corporation are aware of no other exceptions required to be
disclosed in this Part 3.17(b).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.19(a)

      

      SELLER
CONTRACTS

      

      

      Universal
Tech Corporation (“UTeC”) and Slurry Explosive Corporation (“SEC”) are parties
to and/or subject to those real property-related agreements and documents
referenced in Part 3.6, Part 3.7 and Part 3.8(a) (which Parts are incorporated
herein by reference).  UTeC and SEC are also parties to or subject to
the following personal property leases and/or other contracts (copies of which
have been provided to Buyers):

      

      UTeC

      

      
        	
                1.  

              	
                Rights
      and obligations of UTeC under assignment of Lease Agreement, dated as of
      April 11, 2001, for seventy monthly payments commencing on October 20,
      2001, by and between U.S. Bancorp Leasing & Financial and SEC,
      regarding certain equipment associated with the Hallowell, Kansas
      Facility, pursuant to assignment in May 14, 2002 Asset Purchase and Sale
      Agreement in the section of this list entitled “Agreement between SEC and
      UTeC” below.

              

      

       

      
        	
                2.  

              	
                Equipment
      Lease between G.E. Capital Modular Space and UTeC, dated March 29, 1995,
      expiring March 29, 1995 but continuing on a month to month basis
      thereafter, regarding office trailer at Underwater Lab, Hallowell,
      Kansas.

              

      

       

      
        	
                3.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing March 16, 2000,
      and continuing for 60 months, regarding G25E Daewoo
    Forklift.

              

      

       

      
        	
                4.  

              	
                Equipment
      Lease between United Leasing, Inc. and UTeC, commencing February 16, 2001,
      and continuing for 36 months, regarding 2001 Chevy Silverado
      pickup.

              

      

       

      
        	
                5.  

              	
                Equipment
      Lease between Sharp Financial Company and UTeC, commencing August 19,
      2002, and continuing for 60 months, regarding Canon copier at R&D Lab,
      Riverton, Kansas.

              

      

       

      
        	
                6.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 17, 1999, continuing on a quarterly
      by quarterly basis until terminated, regarding water cooler at the Pruf
      Plant, Hallowell, Kansas.

              

      

       

      
        	
                7.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated May 1, 1995, continuing on a quarterly by
      quarterly basis until terminated, regarding water cooler at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

       

      
        	
                8.  

              	
                Drinking
      Water Cooler Rental Contract between UTeC and Robert Howland, d/b/a
      Beverage Distributing Co., dated September 27, 1985, continuing on a 6
      months by 6 months basis until terminated, regarding water cooler at
      UTeC’s R&D Lab, Riverton,
Kansas.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
 

      
        	
                9.  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC, dated
      June 28, 1995, renewed through June, 2003, regarding two (2) tieing
      machines at UTeC’s Pruf Plant, Hallowell,
  Kansas.

              

      

       

      
        	
                10.  

              	
                Lease
      Agreement between Tipper Tie, a Dover Industries Company, and UTeC,
      renewed through January, 2003, regarding a tieing machine at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

       

      
        	
                11.  

              	
                Month
      to month Q.C. Testing Fee Agreement between UTeC and Ireco (now Dyno
      Nobel, Inc.), dated October 14, 1991, regarding quality control testing by
      UTeC at UTeC’s Underwater Lab, Hallowell,
  Kansas.

              

      

       

      
        	
                12.  

              	
                Testing
      Fee Agreement between UTeC and Nelson Brothers LLC, dated September 27,
      2002, regarding specifically delineated testing by UTeC at UTeC’s
      Underwater Lab, Hallowell, Kansas.

              

      

       

      
        	
                13.  

              	
                Irrevocable
      $178,597.12 (US) Letter of Credit from Banco Ganadero as issuing bank
      confirmed by Banco Bilbao Vizcaya Argentaria for the benefit of UTeC,
      issued September 5, 2002, and with expiry date of December 4, 2002,
      regarding sales to Industria
Militar.

              

      

       

      
        	
                14.  

              	
                Quote
      from UTeC to Industria Militar for $453,717.51 (US) in sales of raw
      materials during first half of
2003.

              

      

       

      
        	
                15.  

              	
                Technology
      and Know-How License Agreement between UTeC and Explosivos de Norteamerica
      S.A. de C.V., dated January 1, 1997, terminating on January 1, 2007,
      regarding use of UTeC technology and know-how to manufacture and sell
      product in Mexico on an exclusive basis so long as a 2,000 metric tons per
      year volume is sustained.

              

      

       

      
        	
                16.  

              	
                License
      and Processing Agreement between SEC and TPL, Inc., dated December 9,
      1999, for continuing one year terms until 12 months notice is given,
      regarding the use of SEC’s Technical Information to produce product solely
      for SEC.

              

      

       

      
        	
                17.  

              	
                Proprietary
      Information Disclosure Agreement between SEC and TPL, Inc., dated October
      3, 1999, terminating October 3, 2004, regarding each party’s Proprietary
      Information.

              

      

       

      
        	
                18.  

              	
                Service
      Agreement between UTeC and LSB Industries, Inc., (“LSB”) dated December
      23, 1992, terminable (with notice) on December 23, 2004, or upon LSB
      giving 90 days notice to terminate at any time, regarding LSB’s
      performance of certain administrative services for UTeC or terminable at
      any time upon written agreement of the
parties.

              

      

       

      
        	
                19.  

              	
                Listing
      of UTeC employees and their repayment obligations who have received
      advances made by UTeC.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                20.  

              	
                Employment
      Agreement between UTeC and Oldrich Machacek dated June 5, 1990,
      terminating upon 60 days notice.

              

      

       

      
        	
                21.  

              	
                Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated April 22,
      1998, expiring on April 22, 2008, regarding option on 5,000 shares of LSB
      stock.

              

      

       

      
        	
                22.  

              	
                Non-Qualified
      Stock Option Agreement – 1998 between LSB and Oldrich Machacek, dated
      April 22, 1998, expiring on April 22, 2008 regarding option on 5,000
      shares of LSB stock.

              

      

       

      
        	
                23.  

              	
                Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated July 8,
      1999, expiring July 8, 2009, regarding option on 5,000 shares of LSB
      stock.

              

      

       

      
        	
                24.  

              	
                Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated November 29,
      2001, expiring on November 29, 2011, regarding option on 5,000 shares of
      LSB stock.

              

      

       

      
        	
                25.  

              	
                Postage
      Meter Rental Agreement between UTeC and Pitney Bowes, dated September 23,
      2002, continuing for one year, regard UTeC’s assumption of SEC’s
      obligations for a postage meter at the Hallowell, Kansas
      Facility.

              

      

       

      
        	
                26.  

              	
                Consulting
      Agreement between UTeC and Pieter de Wit, dated January 1, 1996, as orally
      amended and extended to December 31, 2002, regarding the providing of
      consulting services related to demilitarization
  projects.

              

      

       

      
        	
                27.  

              	
                Consent
      Agreement in The
      Matter of Pollution at Former Gulf Oil Company Jayhawk Plant, Galena,
      Kansas, Case No. 98-E-0109, Kansas Department of Health and
      Environment, last signed June 16, 1999, termination upon KDHE’s notice
      that the terms have been satisfactorily
  completed.

              

      

       

      
        	
                28.  

              	
                Phase
      IV Agreement, dated June 16, 1999, by and among Inspec USA, Inc., Chevron
      Chemical Company LLC, Chevron USA, Inc., Koch Chemical Company and UTeC,
      regarding UTeC’s R&D Lab, Riverton,
Kansas.

              

      

       

      
        	
                29.  

              	
                Confidentiality
      Agreement, last signed October 16,2001, and continuing for five (5) years,
      by and between UTeC and Aliachem a.s., regarding confidential information
      provided for discussion of the possible sale of a business owned by
      Aliachem a.s.

              

      

       

      
        	
                30.  

              	
                Mortgage,
      Assignment of Rents and Security Agreement executed by UTeC in favor of
      Guggenheim Investment Management, LLC, et al. (“Guggenheim”), dated May
      24, 2002, filed June 6, 2002 at 3:15 PM in Book 290 of Mortgages at Pages
      217-243 in the office of the Register of Deeds, Cherokee County,
      Kansas.

              

      

       

      
        	
                31.  

              	
                Mortgage,
      Assignment of  Rents and Security Agreement executed by UTeC, in
      favor of Foothill Capital Corporation, et al. (“Foothill”), dated May 24,
      2002, 

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

       

      
        	
                 

              	
                filed
      June 6, 2002 at 3:25 PM in Book 290 of Mortgages at Pages 244-272 in the
      office of the Register of Deeds, Cherokee County,
  Kansas.

              

      

       

      
        	
                32.  

              	
                Mortgage
      Subordination and Standstill Agreement in favor of Guggenheim, executed by
      Foothill, Guggenheim and UTeC, filed June 6, 2002 at 3:35 PM in Book 92 of
      Miscellaneous at Pages 673-686 in the office of the Register of Deeds,
      Cherokee County, Kansas.

              

      

      

      SEC

      

      
        	
                1.  

              	
                Confidential
      Rail Transportation Contract between SEC and Union Pacific Railroad
      Company ,dated effective January 1, 2002, expiring July 31, 2002 but
      informally continuing, regarding line-haul
  transportation.

              

      

       

      
        	
                2.  

              	
                Equipment
      Lease #8 between United Leasing, Inc. and SEC last signed on December 9,
      1999 and commencing on November 15, 1999, and continuing for 60 months,
      regarding a Plastic Tube Filling and Scaling
  Machine.

              

      

       

      
        	
                3.  

              	
                Master
      Rental Agreement between Associates Leasing, Inc. and SEC, commencing on
      December 30, 1998, and continuing for 60 months, regarding a new Daewoo
      Model G20S/LPS.

              

      

       

      
        	
                4.  

              	
                O.S.P.
      Program Sales Agreement between American Business Systems and SEC, dated
      September 25, 1998, and continuing for five years, regarding a copier
      machine.

              

      

       

      
        	
                5.  

              	
                Standard
      Uniform Rental Service Agreement between Cintas Corporation and SEC, dated
      November 16, 2001, and continuing for 60 months with automatic renewals
      for like periods unless terminated 60 days before end of any term,
      regarding garment services for employee
  uniforms.

              

      

       

      
        	
                6.  

              	
                Equipment
      Lease between G.W. Van Keppel Company/Associates Leasing, Inc. (assigned
      to Citicapital Commercial Leasing Corporation) and SEC, commencing
      September 22, 2000, and continuing 66 months, regarding Svadala hydraulic
      track drill.

              

      

       

      
        	
                7.  

              	
                Equipment
      Lease between Midwest Leasing Co. and SEC, dated May 6, 2002, and
      continuing for 12 months (at which time SEC becomes owner), regarding 1986
      Tempe Reefer Cooling Unit for Kinepak Plant located at Hallowell, Kansas
      Facility.

              

      

       

      
        	
                8.  

              	
                Equipment
      Lease between Citicapital Commercial Leasing Corporation and SEC,
      commencing December 28, 2001, and continuing 60 months, regarding Svadala
      hydraulic track drill.

              

      

       

      
        	
                9.  

              	
                Equipment
      Lease #6 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Hallowell, Kansas Facility.

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
        	
                10.  

              	
                Equipment
      Lease #7 between United Leasing, Inc. and SEC, commencing February 15,
      2001, and continuing 24 months, regarding 1995 International Tractor at
      Pryor, Oklahoma Facility.

              

      

       

      
        	
                11.  

              	
                Conditional
      Sale Agreement between Transport International Tool, Inc. and SEC, dated
      July 17, 2001, commencing October 1, 2001 and continuing 48 months,
      regarding the purchase of 49 over-the-road
  trailers.

              

      

       

      
        	
                12.  

              	
                Purchase
      Agreement between General Dynamics Ordinance and Tactical Systems and SEC,
      dated March 11, 2002, final payment due October 15, 2002, regarding
      watergel slurry production equipment purchased from Marion,
      Illinois.

              

      

       

      
        	
                13.  

              	
                Equipment
      Lease #1 between United Leasing, Inc. and SEC, commencing February 26,
      2001, and continuing 36 months, regarding 2001 Chevy Silverado pickup at
      Pryor, Oklahoma Facility.

              

      

       

      
        	
                14.  

              	
                Equipment
      Lease #10 between United Leasing, Inc. and SEC, commencing January 15,
      2002, and continuing 36 months, regarding 1999 Ford F-250 pickup at
      Hallowell, Kansas Facility.

              

      

       

      
        	
                15.  

              	
                Equipment
      Lease #2 between United Leasing, Inc. and SEC, commencing February 15,
      1998, and continuing 60 months, regarding semi-tank trailer at Pryor,
      Oklahoma Facility.

              

      

       

      
        	
                16.  

              	
                Equipment
      Lease #5 between United Leasing, Inc. and SEC, commencing March 15, 1999,
      and continuing 60 months, regarding semi-tank trailer at Pryor, Oklahoma
      Facility.

              

      

       

      
        	
                17.  

              	
                Equipment
      Lease #3 between United Leasing, Inc. and SEC, commencing September 15,
      1998, and continuing 60 months, regarding 1998 Mack pumper truck at Pryor,
      Oklahoma Facility.

              

      

       

      
        	
                18.  

              	
                Emergency
      Response Telecommunication Service Agreement between Chem-Tel, Inc. and
      SEC dated March 25, 1997, renewed through December 31, 2002, regarding
      24-hour emergency phone answering
services.

              

      

       

      
        	
                19.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated May 2, 1997,
      and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0049, 1995
Kenworth.

              

      

       

      
        	
                20.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated September 18,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0055, 1999
Peterbilt.

              

      

       

      
        	
                21.  

              	
                Contract
      Service Agreement between Midwest Leasing Co. and SEC, dated June 25,
      1999, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0058, 2000
Peterbilt.

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
        	
                22.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 23,
      1998, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0053, 1999
Peterbilt.

              

      

       

      
        	
                23.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated September 14,
      2000, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0059, 2001
Peterbilt.

              

      

       

      
        	
                24.  

              	
                Contract
      Service Agreement between Explo-Transport Co. and SEC, dated July 13,
      2001, and renewed on annual basis until terminated with 60 days notice,
      regarding use of Truck No. 0060, 2000
Peterbilt.

              

      

       

      
        	
                25.  

              	
                Lease
      between R.K. Black, Inc. and SEC, commencing February 23, 1998, and
      continuing for 60 months, regarding two (2) Lanier copiers for SEC’s
      Oklahoma City, Oklahoma office.

              

      

       

      
        	
                26.  

              	
                Rental
      Agreement between Pitney Bowes, Inc. and SEC, dated April 4, 1989, expired
      April 4, 1989, but now paid quarterly, in advance, regarding postage meter
      for SEC’s Oklahoma City, Oklahoma
office.

              

      

       

      
        	
                27.  

              	
                Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 9, 2002, regarding security patrol at Hallowell,
      Kansas Facility.

              

      

       

      
        	
                28.  

              	
                Quarterly
      (i.e. requires 90 day notice to terminate) Security and/or Patrol Services
      Agreement dated April 22, 2002, regarding telephone for security patrol at
      Hallowell, Kansas Facility.

              

      

       

      
        	
                29.  

              	
                Cleaning
      Service Contract between SEC and Safety-Kleen Systems, Inc., dated May 2,
      2002, expires May 2, 2003, regarding cleaning/services provided to SEC at
      Hallowell, Kansas Facility.

              

      

       

      
        	
                30.  

              	
                Construction
      Agreement between SEC and Mid Central Contract Services, Inc., dated
      August 7, 2002, regarding construction efforts at Hallowell, Kansas
      Facility for $208,721.00.

              

      

       

      
        	
                31.  

              	
                Service
      Agreement between SEC and U.S. Cellular dated September 23, 2002, expiring
      September 23, 2003, for cell phone services at Pryor, Oklahoma
      Facility.

              

      

       

      
        	
                32.  

              	
                Pricing
      Agreement between SEC and Heartland Cement through January 31, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

              

      

       

      
        	
                33.  

              	
                Pricing
      Agreement between SEC and Lone Star Industries through January 1, 2003,
      regarding turnkey drilling and blasting services by SEC’s Pryor, Oklahoma
      Facility.

              

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                34.  

              	
                Wireless
      Services Agreement between SEC and AT&T Wireless, expiring April, May
      (two phones) and December, 2003, regarding four cell phone services at
      Hallowell, Kansas Facility.

              

      

       

      
        	
                35.  

              	
                Marketing
      and Supply Agreement between SEC and Austin Powder Company dated October
      5, 1994, terminated as to exclusivity only effective October 5, 1997, but
      otherwise terminable upon sixty days notice prior to the October 5
      automatic annual renewal, regarding Austin Powder Company’s marketing and
      distributing efforts of watergel products for forest fire fighting and
      timber boundary demarcation
applications.

              

      

       

      
        	
                36.  

              	
                Non-exclusive
      License Agreement between SEC and Total Energy Systems Limited (“TES”),
      dated October 1, 1996, as amended and assigned in that Assignment and
      Amendment of the Slurry Explosive Corporation License Agreement between
      SEC, TES and Quantum Explosives Pty. Ltd., dated August 2, 1999,
      continuing through end of use or breach, regarding use of SEC’s patent
      rights or technical information to manufacture and sell specific products
      in plants in Australia, New Zealand, New Guinea, Fiji, Myanmar and Soloman
      Islands.

              

      

       

      
        	
                37.  

              	
                Master
      Services Agreement dated March 14, 2002 for SCS Engineers to perform
      Comprehensive Investigation/Corrective Action Study for SEC and its
      counsel, Shook Hardy & Bacon
LLP.

              

      

       

      
        	
                38.  

              	
                Service
      Agreement, between SEC and LSB, dated January 1, 1992, terminating upon
      notice on January 1, 2004, or upon LSB giving 90 days notice of
      termination at anytime, regarding LSB’s performance of certain
      administrative service for SEC.

              

      

       

      
        	
                39.  

              	
                Asset
      Sale and Purchase agreement between SEC and ICI Explosives USA, Inc.
      (“ICI”), dated as of November 30, 2000, regarding SEC’s acquisition of
      ICI’s Kinepak Business and Kinepak
Assets.

              

      

       

      
        	
                40.  

              	
                Letter
      reflecting SEC’s November 6, 2000, offer of employment to Bob Le Blanc,
      commencing January 1, 2001, including commissions, with expectations of a
      one to two year employment period.

              

      

       

      
        	
                41.  

              	
                Listing
      of SEC employees and their repayment obligations who have received
      advances made by SEC.

              

      

       

      
        	
                42.  

              	
                SEC
      Employees signature pages exhibiting their agreement to the Assignment of
      Invention, Confidentiality and Non-Compete provisions of the SEC Employee
      Handbook.

              

      

       

      
        	
                43.  

              	
                Confidential
      Disclosure Agreement between SEC and Boyd J. Wathen (“Wathen”), dated
      October 8, 2002, with no expiration date, regarding the protection of
      Wathen’s information and ideas related to explosives/blasting agents which
      incorporate perchlorate and the formulations and methods of making
      same.

              

      

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
        	
                44.  

              	
                Agreement
      between SEC and Oil, Chemical and Atomic Workers International Union,
      AFL-CIO, Local 5-508, dated March 31, 1997, ending February 5, 1999,
      regarding terms and conditions of
employment.

              

      

       

      
        	
                45.  

              	
                Last,
      Best & Final Package Proposal of SEC for Agreement with Paper, Allied
      Industrial, Chemical and Energy Workers International Union Local 5-508
      AFL-CIO (“PACE”), dated February 3, 1999, regarding changes and renewal of
      March 31, 1997 Agreement reflected
above.

              

      

       

      
        	
                46.  

              	
                Final
      Offer – SEC’s Final Proposal on “Effects” Related to the Company’s
      Inability to Continue to Manufacture Explosives because of Los of License,
      dated February 13, 2002, amended February 18, 2002, regarding effects on
      SEC’s inability to manufacture on bargaining unit
    personnel.

              

      

       

      
        	
                47.  

              	
                Consent
      Order entered in The Matter of
      Pollution at Slurry Explosive Corporation, Hallowell, Kansas, Case
      No. 02-E-0049, Kansas Department of Health and Environment (“KDHE”), dated
      April 22, 2002, terminating upon KDHE’s notice that terms have been
      satisfactorily completed.

              

      

       

      
        	
                48.  

              	
                Confidentiality
      Agreement between SEC and KESCO, Inc. (“KESCO”), dated September 19, 1994,
      with no expiration date, regarding information received from KESCO for
      purposes of evaluating the possible acquisition of KESCO by
      SEC.

              

      

       

      
        	
                49.  

              	
                Confidentiality
      Agreement between SEC and Union Espanola de Explosivos, S.A. (“UEE”),
      dated May 10, 2002, expiring May 10, 2007, regarding SEC’s information
      provided to UEE for purposes of evaluating the possible acquisition of
      SEC’s Hallowell, Kansas Facility.

              

      

       

      
        	
                50.  

              	
                Confidentiality
      Agreement between SEC and Wimase Limited (“Wimase”), dated June 18, 2002,
      expiring June 18, 2004, regarding SEC’s information provided to Wimase for
      purpose of evaluating the possible acquisition of SEC’s Hallowell, Kansas
      Facility.

              

      

       

      
        	
                51.  

              	
                Premium
      Financing Agreement between SEC and Premier Financing Specialists, Inc.,
      dated effective April 1, 2002, ending January 1, 2003, regarding the
      premium financing on liability policy from Sorema North America Reins
      Co.

              

      

       

      
        	
                52.  

              	
                Workers
      Compensation monthly insurance premiums to be paid to Berkley Risk, dated
      April 1, 2002, expiring April 1, 2003, regarding monthly payments for
      premiums.

              

      

       

      
        	
                53.  

              	
                Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated April 22, 1998,
      expiring on April 22, 2008, regarding option on 3,000 shares of LSB
      stock.

              

      

       

      
        	
                54.  

              	
                Non-Qualified
      Stock Option Agreement – 1998 between LSB and Paul Keeling, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 3,000 shares of
      LSB stock.

              

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      
        	
                55.  

              	
                Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated July 8, 1999,
      expiring on July 8, 2009, regarding option on 10,000 shares of LSB
      stock.

              

      

       

      
        	
                56.  

              	
                Incentive
      Stock Option Agreement between LSB and Paul Keeling, dated November 29,
      2001, expiring on November 29, 2011, regarding option on 10,000 shares of
      LSB stock.

              

      

       

      
        	
                57.  

              	
                Incentive
      Stock Option Agreement between LSB and William Manion, dated April 22,
      1998, expiring on April 22, 2008, regarding option on 3,000 shares of LSB
      stock.

              

      

       

      
        	
                58.  

              	
                Non-Qualified
      Stock Option Agreement - 1998, between LSB and William Manion, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 5,000 shares of
      LSB stock.

              

      

       

      
        	
                59.  

              	
                Incentive
      Stock Option Agreement between LSB and William Manion, dated July 8, 1999,
      expiring on July 8, 2009, regarding option on 15,000 shares of LSB
      stock.

              

      

       

      
        	
                60.  

              	
                Incentive
      Stock Option Agreement between LSB and William Manion, dated November 29,
      2001, expiring on November 29, 2011, regarding option on 10,000 shares of
      LSB stock.

              

      

       

      
        	
                61.  

              	
                1993
      Severance Agreement between LSB and Bill Manion, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

              

      

       

      
        	
                62.  

              	
                1993
      Severance Agreement between LSB and Paul Keeling, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

              

      

       

      
        	
                63.  

              	
                Lease
      Agreement between SEC and Conseco Finance Vendor Services Corporation,
      dated December 22, 2000, continuing for 24 months, with $1.00 purchase
      option, regarding computers at SEC’s Oklahoma City, Oklahoma
      office.

              

      

       

      
        	
                64.  

              	
                Stipulation
      for Compromise Settlement in United States of
      America v. 1.5 Blasting Agents, et al., Civil Case No. 0201096-WEB,
      U.S.D.C., District of Kansas dated October, 2002, consenting to the
      forfeiture of product seized by the
ATF.

              

      

       

      
        	
                65.  

              	
                Trademark
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain trademarks (to be released at
      closing).

              

      

       

      
        	
                66.  

              	
                Patent
      Security Agreement between Foothill and SEC, et al., dated April 13, 2001,
      regarding the pledge of certain patents (to be released at
      closing).

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      Both UTeC and SEC are
Parties

      

      
        	
                1.  

              	
                Loan
      and Security Agreement between Foothill and UTeC and SEC, et al., dated
      April 13, 2001, regarding working capital line of credit (the “Foothill
      Loan”).

              

      

       

      
        	
                2.  

              	
                First
      Amendment to Loan and Security Agreement, dated August 3, 2001, amending
      the Foothill Loan.

              

      

       

      
        	
                3.  

              	
                Second
      Amendment to Loan and Security Agreement, dated May 24, 2002, amending the
      Foothill Loan (the “Foothill Second
Amendment”).

              

      

       

      
        	
                4.  

              	
                Lockbox
      Operating Procedural Agreement between Foothill and UTeC and SEC, et al.,
      dated April 13, 2001, regarding operation of lockbox for
      receivables.

              

      

       

      
        	
                5.  

              	
                Securities
      Purchase Agreement between Guggenheim and UTeC and SEC, et al., dated May
      24, 2002, regarding the purchase by Guggenheim of certain Notes (the
      “Securities Purchase Agreement”).

              

      

       

      
        	
                6.  

              	
                Guaranty
      by SEC and UTeC, et al. to Guggenheim, dated May 24, 2002, regarding debt
      created by Securities Purchase
Agreement.

              

      

       

      
        	
                7.  

              	
                Intercreditor
      Agreement between Foothill, Guggenheim, UTeC and SEC, et al., regarding
      priorities of security interests of Guggenheim and
    Foothill.

              

      

       

      
        	
                8.  

              	
                Indenture
      between ClimaChem, Inc. (“CCI”), Bank One, NA (“BankOne”), UTeC and SEC,
      et al., as Guarantors, dated November 26, 1997, regarding the issuance of
      Senior Notes (the “Indenture”).

              

      

       

      
        	
                9.  

              	
                Guaranty
      by UTeC and SEC and other affiliates with respect to the
      Indenture.

              

      

       

      
        	
                10.  

              	
                First
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated February 8, 1999, amending and supplementing the
      Indenture.

              

      

       

      
        	
                11.  

              	
                Second
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated June 25, 1999, amending and supplementing the
      Indenture.

              

      

       

      
        	
                12.  

              	
                Third
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated August 10, 2000, amending and supplementing the
      Indenture.

              

      

       

      
        	
                13.  

              	
                Fourth
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated May 30, 2001, amending and supplementing the
      Indenture.

              

      

       

      
        	
                14.  

              	
                Fifth
      Supplemental Indenture between CCI, BankOne and UTeC and SEC, et al., as
      Guarantors, dated May 24, 2002, amending and supplementing the
      Indenture.

              

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      Agreements Between SEC &
UTeC

      

      
        	
                1.  

              	
                Asset
      Purchase and Sale Agreement between SEC and UTeC, dated May 14, 2002,
      regarding UTeC’s purchase of SEC’s assets related to Hallowell, Kansas
      Facility.

              

      

       

      
        	
                2.  

              	
                Services
      Agreement between SEC and UTeC, dated August 23, 2002, expiring August 23,
      2005, upon thirty days notice, regarding SEC providing certain
      administrative and human resource
services.

              

      

       

      
        	
                3.  

              	
                Supply
      Agreement between SEC and UTeC, dated August 30, 2002, terminating August
      30, 2003, upon thirty day notice, regarding UTeC’s manufacture of certain
      product for SEC.

              

      

       

      
        	
                4.  

              	
                $5,000.00
      monthly fee paid by SEC to UTeC for Research, Development and Quality
      Control work for SEC’s Kinepak plant business, effective March, 2002, and
      continuing until terminated.

              

      

       

      
        	
                5.  

              	
                Contribution
      Agreement between UTeC, SEC and other affiliates, dated April 13, 2001,
      addressing contribution relating to the obligations under the Foothill
      Second Amendment.

              

      

      
        
           

        

        
          11 

          
            

          

        

        
           

        

      

      Part 3.19(c)

      

      EXCEPTIONS TO COMPLIANCE
WITH SELLERS CONTRACTS

      

      

      Except as may be reflected in Part
3.17(a), which is incorporated herein by reference, Universal Tech Corporation
and Slurry Explosive Corporation are aware of no other exceptions required to be
disclosed in this Part 3.19(c).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.20(a)

      

      Universal Tech Corporation (“UTeC”) and
Slurry Explosive Corporation (“SEC”) disclose that UTeC and or SEC are parties
or are covered by the following insurance policies in effect after January 1,
2001 (copies of which have been provided to Buyers):

       

      
        	
                Insurer

              	
                Policy
      Period

              	
                Coverage

              	
                Limit

              	
                Policy
      Number

              	
                Premiums

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                National
      Union Fire Ins Co (AIG)

              	
                10/1/98-10/1/01

              	
                Directors'
      & Officers'

              	
                10,000,000

              	
                8569768

              	
                $     236,250

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Birmingham
      Fire Insurance

              	
                11/1/00-11/1/01

              	
                 Property
      - 75% - Chemical Group

              	
                75,000,000

              	
                ST
      2606115

              	
                $     573,318

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                JLT
      Risk Solutions

              	
                11/1/00-11/1/01

              	
                Property
      - 25% - Chemical Group

              	
                25,000,000

              	
                LU0029587

              	
                $     192,665

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                National
      Union Fire Ins Co

              	
                11/1/00-11/1/01

              	
                Umbrella

              	
                50,000,000

              	
                BE
      7401557

              	
                $     235,243

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Westchester
      Fire Ins Co

              	
                11/1/00-11/1/01

              	
                Excess
      Liability

              	
                25,000,000

              	
                HXA
      6477500

              	
                $       35,000

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Continental
      Western Ins Co

              	
                4/1/01-4/1/02

              	
                Workers
      Compensation - Slurry Explosives - Kansas

              	
                500,000/500,000/500,000

              	
                WC151500194600

              	
                $       32,992

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Oklahoma
      State Ins Fund

              	
                4/1/01-4/1/02

              	
                Workers
      Compensation - Slurry Explosives - Oklahoma

              	
                500,000/500,000/500,000

              	
                00662855011

              	
                $       12,800

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Federal
      Insurance Co (Chubb)

              	
                4/1/01-4/1/02

              	
                Crime/
      Fiduciary Coverage

              	
                5,000,000
      Fid / 10,000,000 Crime

              	
                8151
      59 65 D

              	
                $       30,312

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/01-4/1/02

              	
                Package
      - Slurry Explosives

              	
                1,000,000
      / 5,000,000

              	
                12035-EX-2001

              	
                $      44,723

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/01-4/1-02

              	
                Automobile
      - Slurry Explosives

              	
                1,000,000

              	
                12036-EX-2001

              	
                $      48,605

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/01-4/1/02

              	
                Excess
      Liability - Slurry Explosives

              	
                5,000,000

              	
                12037-EX-2001

              	
                $      28,700

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Legion
      Indemnity Company

              	
                4/18/01-4/18/02

              	
                E&O
      - Universal Tech

              	
                1,000,000

              	
                LP50640713

              	
                $      14,368

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Companion
      Life Assurance Co.

              	
                1/1/01-12/31/01

              	
                Stop-Loss
      Group Policy

              	
                100,000
      per person

              	
                CLI7362

              	
                $552.83/empl/mo

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                National
      Union Fire Ins Co (AIG)

              	
                10/1/01-10/1/02

              	
                Directors'
      & Officers'

              	
                10,000,000

              	
                008744308

              	
                $    114,400

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Birmingham
      Fire Insurance

              	
                11/1/01-11/1/02

              	
                 Property
      - 75% - Chemical Group

              	
                75,000,000

              	
                ST
      2606115

              	
                 $
      1,025,356

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Liberty
      Insurance Underwriters

              	
                11/1/01-11/1/02

              	
                 Property
      - 25% - Chemical Group

              	
                25,000,000

              	
                8M0015730011

              	
                 $    341,785

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                National
      Union Fire Ins Co

              	
                11/1/01-11/1/02

              	
                 Umbrella

              	
                50,000,000

              	
                BE-871-89-68

              	
                 $    334,096

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Starr
      Excess (AIG)

              	
                11/1/01-11/1/02

              	
                Excess
      Liability

              	
                25,000,000

              	
                6394199

              	
                 $       66,000

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Continental
      Western Ins Co

              	
                4/1/02-4/1/03

              	
                Workers
      Compensation - Slurry Explosives - Kansas

              	
                500,000/500,000/500,000

              	
                WC151500194601

              	
                 $       56,620

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Oklahoma
      State Ins Fund

              	
                4/1/02-4/1/03

              	
                Workers
      Compensation - Slurry Explosives - Oklahoma

              	
                500,000/500,000/500,000

              	
                662855002

              	
                 $       16,174

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Federal
      Insurance Co (Chubb)

              	
                4/1/02-4/1/03

              	
                Crime/
      Fiduciary Coverage

              	
                5,000,000
      Fid / 10,000,000 Crime

              	
                8151
      59 65

              	
                 $       35,164

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/02-4/1/03

              	
                Package
      - Slurry Explosives

              	
                1,000,000
      / 5,000,000

              	
                12035-EX-2002

              	
                 $       73,524

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/02-4/1/03

              	
                Automobile
      - Slurry Explosives

              	
                1,000,000

              	
                12036-EX-2002

              	
                 $       64,784

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sorema
      NA Reinsurance

              	
                4/1/02-4/1/03

              	
                Excess
      Liability - Slurry Explosives

              	
                5,000,000

              	
                12037-EX-2002

              	
                 $       46,000

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Underwriters
      at Lloyds

              	
                4/18/02-4/18/03

              	
                E&O
      - Universal Tech

              	
                1,000,000

              	
                MEO01757900

              	
                 $       17,250

              
	 
      	 
      	 
      	 
      	 
      	 
      
	
                Sun
      Life Assurance Co. of Canada

              	
                1/01/02-1/01/03

              	
                Stop-Loss
      Group Policy

              	
                125,000
      per person

              	
                68715

              	
                $435.21/empl/mo

              

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.20(b)

      

      SELF INSURANCE
ARANGEMENTS

      

      

      Universal
Tech Corporation and Slurry Explosives Corporation have the following
self-insurance arrangements:

      

      The
Dental, Vision, and Weekly Income Benefits are self-insured.  The
Medical and Behavioral Health are self-insured, with a $125,000 per claim
specific stop loss limit.  After that amount, the company has a
Reinsurance Policy that pays the remainder of the claim up to a designated limit
of $1,000,000 per covered person under the Plan.  A Third-Party
Administrator processes the claims.  Under the self-insured benefit
plan, reserves do not apply.  The company accrual is based on claims
paid and administrative fees.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.21

      

      EXCEPTIONS TO
REPRESENTATIONS ON ENVIRONMENTAL MATTERS

      

      

      In
February 2002, Slurry Explosive Corporation (“SEC”) received a proposed consent
administrative order (“Consent Order”) from the Kansas Department of Health and
Environment (“KDHE”), regarding SEC’s Hallowell, Kansas manufacturing facility
(“Hallowell Facility”).  The proposed Consent Order states that there
exists soil and groundwater contamination, and there exists surface water
contamination in the strip pit adjacent to the Hallowell
Facility.  There are no known users of the groundwater in the
area.  The adjacent strip pit is used for fishing.  The
Consent Order was subsequently signed and become effective on April 22, 2002.
Under the terms of the Consent Order, SEC will be required a) to submit an
environmental assessment work plan to the KDHE for review and approval, b) to
agree with the KDHE as to any required corrective actions to be performed at the
Hallowell Facility, and c) to provide reports to the KDHE, all of the preceding
in accordance with the time frames and formats required in the Consent
Order.  The draft work plan was submitted to the KDHE on June 20,
2002.  The KDHE has commented on the draft Work Plan and SEC is in the
process of preparing a response thereto.  SEC has also received a
request by the KDHE to accelerate the investigation of the strip pit due to its
public access.

      

      On August
7, 2002 the KDHE took samples of surface water and soil samples at the
underwater laboratory site in Hallowell, Kansas of Universal Tech Corporation
(“UTeC”).  The KDHE has indicated that it will test the samples for
nitrates and perchlorates

      

      On August 1, 2002, there was an NOx
release at the SEC Hallowell, Kansas site.  SEC notified the required
regulatory agencies in a timely manner and submitted follow-up reports to the
same agencies.  No negative impact to SEC and the facility is expected
from this release incident, such as a fine by the KDHE or the Environmental
Protection Agency.  Although certainly unusual for SEC, CERCLA/EPCRA
reportable releases are quite common throughout the country and seldom result in
any regulatory enforcement action unless they are unusually severe with respect
to off-site impacts or the frequency of release represents a
pattern.  Neither was the case in this release
incident.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part 3.21(g)

      

      LIST OF ENVIRONMENTAL
REPORTS, STUDIES, ANALYSES,

      TESTS AND MONITORING
DATA

      

      

      
        	
                1.  

              	
                Consent
      Agreement 98-E-0109 and related
documents:

              

      

      
        	
                a.  

              	
                January
      19, 1996 letter from William Potter, Jayhawk Site Group, to Robert Elder,
      KDHE.

              

      

      
        	
                b.  

              	
                Phase
      IV Agreement and Related Documents

              

      

      
        	
                c.  

              	
                July
      22, 1999 fax from Donald Schrag, attorney, to David Shear and
      others.

              

      

      
        	
                d.  

              	
                Declaration
      of Restrictive Covenants Regarding Groundwater, dated November 11,
      1999.

              

      

       

      
        	
                2.  

              	
                Stormwater
      Pollution Prevention Plans (3-ring binder) for Pryor, Oklahoma, Hallowell,
      Kansas, Pruf Plant, including:  Certification, Notice of Intent,
      Pollution Plan, Quarterly Inspections, Quarterly Visual Quality Checks,
      Annual Inspections/Comprehensive Site Compliance Evaluation Reports,
      Employee Training Records.

              

      

       

      
        	
                3.  

              	
                Environmental
      Assessment Findings for Slurry Explosive Corporation (“SEC”) (3-ring
      binder) presented to Household Commercial, submitted by Maecorp
      Incorporated, October 21, 1991, Report No.
  KS-2427

              

      

       

      
        	
                4.  

              	
                Comprehensive
      Investigation Corrective Action Study Work Plan (3-ring binder) for SEC,
      prepared by SCS Engineers, June
2002.

              

      

       

      
        	
                5.  

              	
                Preliminary
      Assessment/Screening Site Inspection, SEC, Hallowell, Kansas, prepared by
      KDHE, August, 1995.

              

      

       

      
        	
                6.  

              	
                Preliminary
      Review/Visual Site Inspection Report, Thermex Energy Corporation,
      Columbus, Kansas, prepared for EPA by A.T. Kearney, Inc., March
      1988.

              

      

       

      
        	
                7.  

              	
                Inspection
      Report dated August 23, 2002 from Lynn Slugantz, EPA, to John Carver,
      SEC.

              

      

       

      
        	
                8.  

              	
                NOX
      Release at Hallowell, Kansas Plant August 1, 2002,
    including:

              

      

      
        	
                a.  

              	
                Form
      A Release Report submitted August 2,
2002

              

      

      
        	
                b.  

              	
                Follow-up
      Report from John Carver, SEC, to Kansas Emergency Management dated August
      6, 2002

              

      

       

      
        	
                9.  

              	
                Real
      Estate Audit/Compliance Checklist for Pryor, Oklahoma location, from John
      Carver to David Shear and Ann Muise, dated October 12,
    1994.

              

      

       

      
        	
                10.  

              	
                Disposal
      of Non-Hazardous Wastewater by Reddi Root’r of Wichita, Kansas, including
      Manifest 23089 and 24582, and wastewater analysis by M.D. Chemical and
      Testing.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                11.  

              	
                Disposal
      of Waste at Jayhawk Lab, including Memos from John Carver to Gary Eck,
      dated May 12, 2002 and May 30, 2000, and copies of four (4) waste
      manifests.

              

      

       

      
        	
                12.  

              	
                Memorandum
      to file by John Carver dated September 14, 1998 regarding purchase of
      forty (40) acres at Hallowell, Kansas
location.

              

      

       

      
        	
                13.  

              	
                Air
      Permit Application for Universal Tech Corporation (“UTeC”) Pruf Plant,
      including:

              

      

      
        	
                a.  

              	
                KDHE
      Report of New or Altered Source of Potential Air Pollutants, dated July
      18, 1994.

              

      

      
        	
                b.  

              	
                Construction
      Permit with cover letter from Eugene Sallee, KDHE, to Oldrich Machacek,
      UTeC, dated October 31, 1994.

              

      

      
        	
                c.  

              	
                Air
      Emission Inventory for SEC Hallowell Plant prepared by Bentley
      Environmental, dated May 1995, faxed to Carl
  Christiansen.

              

      

      
        	
                d.  

              	
                KDHE
      Report of New or Altered Source of Potential Air Pollutants, dated
      November 29, 1995.

              

      

      
        	
                e.  

              	
                Draft
      letter from Oldrich Machacek, UTeC, to KDHE dated August,
      1995.

              

      

      
        	
                f.  

              	
                Notice
      on Title V air permits from KDHE.

              

      

      
        	
                g.  

              	
                Letter
      from John Carver, UTeC, to KDHE dated March 10, 1998 regarding air permit
      modification.

              

      

      
        	
                h.  

              	
                Letter
      from Daizy Dondass, KDHE, to John Carver, UTeC, dated April 10, 1998
      responding to air permit
modification.

              

      

       

      
        	
                14.  

              	
                KDHE
      Consent Order 02-E-0049 for Hallowell, Kansas plant,
      including:

              

      

      
        	
                a.  

              	
                Consent
      Order, dated March 28, 2002.

              

      

      
        	
                b.  

              	
                Letter
      from David Shear, SEC, to Dave Walsh, KDHE, noting change of ownership
      from SEC to UTeC.

              

      

      
        	
                c.  

              	
                Memorandum
      from John Carver, dated September 10, 2002 on initial sampling results on
      water from strip pit.

              

      

       

      
        	
                15.  

              	
                Air
      Emission Inventory for SEC, Hallowell, Kansas, dated May 1995, by Bentley
      Environmental, including cover letter to John Carver, dated May 3,
      1995.

              

      

       

      
        	
                16.  

              	
                ECS
      Risk Assessment Survey of SEC, Hallowell, Kansas location,
      including:

              

      

      
        	
                a.  

              	
                Letter
      from Allen Barron, ECS, to Bill Manion, SEC, dated July 5,
      2001.

              

      

      
        	
                b.  

              	
                Letter
      from Allen Barron, ECS, to Bill Manion, SEC, dated July 23,
      2001.

              

      

      
        	
                c.  

              	
                Letter
      from Allen Barron, ECS, to Bill Manion, SEC, dated August 14,
      2001.

              

      

      
        	
                d.  

              	
                Letter
      from Bill Manion, SEC, to Allen Barron, ECS, dated August 22,
      2001.

              

      

       

      
        	
                17.  

              	
                Title
      II Reports, SEC Hallowell Plant, 1994 through
  2001.

              

      

       

      
        	
                18.  

              	
                Form
      R Reports, SEC Hallowell Plant, 1994 through
  2001.

              

      

       

      
        	
                19.  

              	
                ECS
      Application for Pollution Liability Insurance for SEC Hallowell Plant,
      April 2001.

              

      

       

      
        
           

        

        
          2 

          
            

          

        

        
           

        

      

      
        	
                20.  

              	
                Dyno-Nobel
      Closure of Burn Area near UTeC Pruf Plant,
  including:

              

      

      
        	
                a.  

              	
                Closure
      Plan, Thermex Energy Burning Area, Hallowell, Kansas, by Rust Environment,
      dated July 1995.

              

      

      
        	
                b.  

              	
                Summary
      of Non-Hazardous Waste Removal, Thermex Energy Burning Area, Hallowell,
      Kansas, by Rust Environment, dated March
1996.

              

      

      
        	
                c.  

              	
                Closure
      Sampling Results, Thermex Energy Burning Area, Hallowell, Kansas, by Rust
      Environment, dated March 1996.

              

      

      
        	
                d.  

              	
                Letter
      dated May 8, 1995 from Neal Olsen, Dyno-Nobel, to John Carver,
      LSB.

              

      

      
        	
                e.  

              	
                Letter
      dated May 18, 1995 from John Carver, LSB to Neal Olsen, Dyno
      Nobel.

              

      

      
        	
                f.  

              	
                Letter
      dated June 16, 1995 from Neal Olsen, Dyno-Nobel to John Carver,
      LSB.

              

      

      
        	
                g.  

              	
                Letter
      dated September 20, 1995 from Andrea Austin, KDHE, to Neal Olsen, Dyno
      Nobel.

              

      

      
        	
                h.  

              	
                Letter
      dated October 4, 1995 from Neal Olsen, Dyno Nobel to John Carver,
      LSB.

              

      

      
        	
                i.  

              	
                Memorandum
      dated January 31, 1996 from John Carver, LSB, to Gary Eck, UTeC, regarding
      closure of old process sump.

              

      

      
        	
                j.  

              	
                Letter
      dated March 13, 1996 from Jon Hoogenboom, Rust Environment, to Andrea
      Austin, KDHE, certifying closure of burn
area.

              

      

       

      
        	
                21.  

              	
                Baseline
      Monitoring Well Installation, Soil Overburden Sampling, and Laboratory
      Analyses, UTeC Pruf Plant, prepared by Triad Environmental Services dated
      September 6, 1995.

              

      

       

      
        	
                22.  

              	
                EPA
      Inspection, SEC, Pryor, Oklahoma, Tier II Violation,
      including:

              

      

      
        	
                a.  

              	
                Letter
      dated December 18, 1995 from Steve Mason, EPA, to Jim Keen,
      SEC.

              

      

      
        	
                b.  

              	
                Letter
      dated January 16, 1996 from John Carver, SEC, to Steve Mason,
      EPA.

              

      

       

      
        	
                23.  

              	
                UTeC
      Form R - Memorandum dated June 16, 2000 from Gary Eck to John Carver on
      Form R Exemption.

              

      

       

      
        	
                24.  

              	
                Tier
      II Reports, UTeC Pruf Plant and Underwater Lab, 1994 through
      2001.

              

      

       

      
        	
                25.  

              	
                Tier
      II Reports, SEC Pryor, Oklahoma, 1994 through
  2001.

              

      

       

      
        	
                26.  

              	
                RMP
      Applicability - memorandum dated February 9, 1998 from John Carver to Mark
      Stowell, SEC.

              

      

       

      
        	
                27.  

              	
                Report
      on Phase I Environmental Risk Assessment, Thermex Energy Corporation,
      prepared by Allgeier, Martin & Assoc., dated April
    1990.

              

      

       

      
        	
                28.  

              	
                Interim
      Status Compliance Plans for Thermex Energy prepared by Radian Corporation,
      dated July 1987.

              

      

       

      
        	
                29.  

              	
                Closure
      Plan for Surface Impoundments at Thermex Energy prepared by Radian
      Corporation dated June 1987.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                30.  

              	
                Letter
      dated April 27, 1970 from Leonard Imhof, KDHE, to W.B. Macomber, Gulf Oil,
      regarding complaint received in connection with industrial wastes being
      dumped into a strip pit.

              

      

       

      
        	
                31.  

              	
                Letter
      dated July 19, 1974 from Darrel Shumake, Office of the Cherokee County
      Attorney, to Melville Grey, KDHE, regarding discharge of acid and other
      pollutants by Gulf Oil at Hallowell, Kansas
  facility.

              

      

       

      
        	
                32.  

              	
                Letter
      dated November 6, 1974 from William Towery, KDHE, to B.G. Yoakam, Gulf
      Oil, regarding appraisal on wastewater facilities serving Hallowell,
      Kansas facility.

              

      

       

      
        	
                33.  

              	
                Letter
      dated July 10, 1975 from Kent Lynch, Office of the Cherokee County
      Attorney, to Melville Grey , KDHE, requesting copies of test
      results.

              

      

       

      
        	
                34.  

              	
                Letter
      dated July 15, 1975 from Jack Burris, KDHE, to Kent Lynch, Office of
      Cherokee County Attorney, transmitting an analysis report and a copy of a
      map showing sampling locations.

              

      

       

      
        	
                35.  

              	
                Deposition
      Subpoena, dated December 30, 1976, issued by the U.S. District Court for
      the District of Kansas to Gerald Stoltenberg in connection with Raymond & Maude
      Griffitt v. Pittsburg & Midway Coal Mining Co., et al., Civil
      Action File No. 75-45-C6.

              

      

       

      
        	
                36.  

              	
                KDHE
      Report of Investigation dated February 5,
1992.

              

      

       

      
        	
                37.  

              	
                Memorandum
      dated April 9, 1993 from Bill Thornton to Paul Belt, regarding complaining
      through EPA that environmental laws were being violated at SEC Hallowell,
      Kansas facility.

              

      

       

      
        	
                38.  

              	
                Telephone
      Conversation Memo of a call placed by Stan Harter on April 9, 1993 to
      Marian Massoth, regarding a complaint received from a private citizen
      regarding discharge occurring from SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                39.  

              	
                Telephone
      Conversation Memo of a call placed by Marian Massoth to Terry Wright, SEC,
      on April 12, 1993, regarding discharge during deactivation of a pond at
      the SEC Hallowell, Kansas facility.

              

      

       

      
        	
                40.  

              	
                Telephone
      Conversation Memo of a call placed by Kelly Finn to Stan Harter on April
      12, 1993, regarding lagoon closure at SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                41.  

              	
                Telephone
      Conversation Memo of a call placed by Emily McGuire to Marian Massoth on
      April 14, 1993, regarding discharge from SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                42.  

              	
                Letter
      dated April 14, 1993 from Randall Rathbun, Depew, Gillen & Rathbun, to
      Rick Bean, KDHE, requesting authorization to review records of
      SEC.

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
        	
                43.  

              	
                Memorandum
      dated July 20, 1993 from Bill Thornton, KDHE, to Eric Staab, documenting
      KDHE activity concerning SEC since March 5,
  1993.

              

      

       

      
        	
                44.  

              	
                Memorandum
      dated October 4, 1993 from Ed Alvis, Kansas Department of Wildlife and
      Parks, to Roger Brazier, legal counsel, regarding request from Randall
      Rathbun to review records of SEC.

              

      

       

      
        	
                45.  

              	
                Kenneth A. Griffitt,
      et ux. v. Slurry Explosive Corporation, Case No. 94C2514, filed in
      the Eighteenth Judicial District, District Court of Sedgwick County,
      Kansas, Civil Department (the “Griffitt
  Action”).

              

      

      
        	
                a.  

              	
                Memorandum
      dated December 5, 1994 from Bill Manion, SEC, to David Shear, SEC,
      regarding the Griffitt Action.

              

      

      
        	
                b.  

              	
                Summons
      and Petition served on SEC in connection with the Griffitt
      Action.

              

      

      
        	
                c.  

              	
                Journal
      Entry of Judgement filed by SEC in connection with the Griffitt
      Action.

              

      

      
        	
                d.  

              	
                Answer
      filed by SEC in connection with the Griffitt
  Action.

              

      

      
        	
                e.  

              	
                Stipulation
      of Dismissal with Prejudice filed by Griffitt in connection with the
      Griffitt Action.

              

      

      
        	
                f.  

              	
                Order
      of Dismissal with Prejudice as to Defendant Slurry Explosive Corporation
      filed in connection with the Griffitt
Action.

              

      

      
        	
                g.  

              	
                General
      and Final Release, dated October 24, 1996, by Kenneth A. Griffitt and
      Linda L. Griffitt.

              

      

       

      
        	
                46.  

              	
                Letter
      dated May 11, 1970 from R.W. Barth, Gulf Oil, to Howard Duncan, KDHE,
      regarding the registration of the Hallowell, Kansas
    facility.

              

      

       

      
        	
                47.  

              	
                Memorandum
      dated May 26, 1970 from Howard Stoltenberg, KDHE, to Leonard Imhof,
      regarding strip pit water wastes from Gulf Chem Co. blasting powder mix
      plant.

              

      

       

      
        	
                48.  

              	
                Letter
      dated June 22, 1970 from Howard Duncan, KDHE, to W.R. Barth, Gulf Oil,
      regarding water pollution control at the Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                49.  

              	
                Sewarage
      and Sewage Disposal Application dated July 17, 1970 from Gulf Oil Company
      to KDHE.

              

      

       

      
        	
                50.  

              	
                Letter
      dated July 17, 1970 from B.G. Yoakam, Gulf Oil, to Howard Duncan, KDHE,
      regarding sanitary waste discharge from the Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                51.  

              	
                Memorandum
      dated August 10, 1970 from Howard Duncan, KDHE, to Leonard Imhof,
      regarding proposal for water pollution control facilities to serve the
      Gulf Hallowell, Kansas facility.

              

      

       

      
        	
                52.  

              	
                Memorandum
      dated September 24, 1970 from Leonard Imhof, KDHE, to Howard Duncan, KDHE,
      regarding proposal for water pollution control facilities to serve the
      Gulf Hallowell, Kansas facility.

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
        	
                53.  

              	
                Letter
      dated November 17, 1970 from B.G. Yoakam, Gulf Oil, to Howard Duncan,
      KDHE, requesting expediting of approval of water pollution control
      proposal at Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                54.  

              	
                Letter
      dated March 18, 1971 from B.G. Yoakam, Gulf Oil, to Howard Duncan, KDHE,
      regarding approval of construction of water pollution control proposal at
      Gulf Hallowell, Kansas facility.

              

      

       

      
        	
                55.  

              	
                Memorandum
      (undated) from Leonard Imhof, KDHE, to N.J. Burris, regarding approval of
      construction of water pollution control proposal at Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                56.  

              	
                Letter
      dated March 23, 1971 from George Moore, Kansas Forestry, Fish and Game
      Commission, to Howard Duncan, KDHE, requesting approval of the
      construction of water pollution control proposal at Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                57.  

              	
                Letter
      dated June 29, 1971 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      requesting additional information in connection with the water pollution
      control proposal at Gulf Hallowell, Kansas
  facility.

              

      

       

      
        	
                58.  

              	
                Letter
      dated July 28, 1971 from B.G. Yoakam, Gulf Oil, to Gyula Kovach, KDHE,
      providing additional information in connection with the water pollution
      control proposal at Gulf Hallowell, Kansas
  facility.

              

      

       

      
        	
                59.  

              	
                Letter
      dated August 11, 1971 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      acknowledging receipt of additional information provided by Gulf Oil in
      connection with the water pollution control proposal at Gulf Hallowell,
      Kansas facility.

              

      

       

      
        	
                60.  

              	
                Letter
      dated September 29, 1971 from B.G. Yoakam, Gulf Oil, to Gyula Kovach,
      KDHE, transmitting engineering construction drawings and specifications in
      connection with the water pollution control proposal at Gulf Hallowell,
      Kansas facility.

              

      

       

      
        	
                61.  

              	
                Letter
      dated October 26, 1971 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      approving the plans in connection with the water pollution control
      proposal at the Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                62.  

              	
                Letter
      dated May 9, 1972 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      requesting completion status of construction of wastewater treatment
      facilities at Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                63.  

              	
                Letter
      dated May 24, 1972 from B.G. Yoakam, Gulf Oil, to Gyula Kovach, KDHE,
      notifying of completion of wastewater treatment facilities at Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                64.  

              	
                Letter
      dated November 29, 1972 from Robert Hartmann, Kansas Forestry, Fish and
      Game Commission, to Richard Duty, KDHE, regarding discharge of effluent at
      Gulf Hallowell, 

              

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                 

              	
                Kansas
      facility, and attached memorandum dated June 12, 1972 from Gyula Kovach,
      KDHE, to Leonard Imhof, KDHE, requesting final inspection of wastewater
      treatment facilities at Gulf Hallowell, Kansas
  facility.

              

      

       

      
        	
                65.  

              	
                Letter
      dated December 15, 1972 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      transmitting letter dated November 29, 1972 from Robert Hartmann, Kansas
      Forestry, Fish and Game Commission.

              

      

       

      
        	
                66.  

              	
                Letter
      dated December 20, 1972 from B.G. Yoakam, Gulf Oil, to Gyula Kovach, KDHE,
      proposing erection of dikes to alleviate effluent discharge at Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                67.  

              	
                Letter
      dated February 27, 1973 from Gyula Kovach, KDHE, to B.G. Yoakam, Gulf Oil,
      requesting notification upon completion of dike erection at Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                68.  

              	
                Letter
      dated March 8, 1973 from B.G. Yoakam, Gulf Oil, to Gyula Kovach, KDHE,
      informing of completion of dike erection at Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                69.  

              	
                Memorandums
      dated September 10, 1974 from Bill Towery, KDHE
  to:

              

      

      
        	
                a.  

              	
                H.A.
      Stoltenberg, KDHE, requesting chemical analysis of a sample taken at Gulf
      Hallowell, Kansas facility.

              

      

      
        	
                b.  

              	
                Jack
      Burris in connection with complaint made by Raymond Griffitt regarding
      discharge at Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                70.  

              	
                Memorandum
      dated October 10, 1974 from Stoltenberg, KDHE, to W.T. Towery, KDHE,
      regarding samples collected at Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                71.  

              	
                Letter
      dated November 20, 1974 from Steven Rogers, KDHE, to B.G. Yoakam, Gulf
      Oil, transmitting short form C in connection with Permit No.
      I-NE75-NP01.

              

      

       

      
        	
                72.  

              	
                Letter
      dated June 23, 1975 from Kent Lynch, Office of the Cherokee County
      Attorney, to Melville Grey, KDHE, requesting test
  results.

              

      

       

      
        	
                73.  

              	
                Memorandum
      dated July 1, 1975 from Bill Towery, KDHE, to N.J. Burris, regarding
      review of Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                74.  

              	
                KDHE
      Non-Discharging Wastewater Facility Inspection Form for Gulf Hallowell,
      Kansas facility inspection performed by William Towery, KDHE, on December
      16, 1975.

              

      

       

      
        	
                75.  

              	
                Memorandum
      dated December 22, 1975 from Bill Towery, KDHE, to Don Carlson, KDHE,
      regarding inspection of Gulf Hallowell, Kansas
  facility.

              

      

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
        	
                76.  

              	
                Memorandum
      dated February 12, 1976 from Bill Towery, KDHE, to Don Carlson, KDHE,
      transmitting wastewater plans and specifications for Gulf Hallowell,
      Kansas facility (proposal attached
thereto).

              

      

       

      
        	
                77.  

              	
                Letter
      dated November 15, 1976 from William Towery, KDHE, to B.G. Yoakam, Gulf
      Oil, in connection with site visit of November 9, 1976 to the Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                78.  

              	
                Letter
      dated February 8, 1979 from John Goetz, KDHE, to Sherill Cantrell, Gulf
      Oil, regarding issuance of NPDES Permit
  I-NE75-NP01.

              

      

       

      
        	
                79.  

              	
                Letter
      dated March 5, 1979 from R.D. Benjamin, Gulf Oil, to John Goetz, KDHE,
      regarding submission of the NPDES Permit
  I-NE75-NP01.

              

      

       

      
        	
                80.  

              	
                NPDES
      Permit No. I-NE75-NP01 Application  from Gulf Oil dated March
      30, 1979.

              

      

       

      
        	
                81.  

              	
                Letter
      dated April 2, 1979 from R.D. Benjamin, Gulf Oil, to John Goetz, KDHE,
      transmitting NPDES Permit
Application.

              

      

       

      
        	
                82.  

              	
                Memorandum
      from Joel Rife, KDHE, to File, regarding site visitation on July 11,
      1979.

              

      

       

      
        	
                83.  

              	
                Letter
      dated July 25, 1979 from Joel Rife, KDHE, to W.L. Jacobberger, Gulf Oil,
      regarding results of July 11, 1979 site
  visitation.

              

      

       

      
        	
                84.  

              	
                Telephone
      Conversation Record of call placed on September 27, 1979 from Bruce
      Taggert to Joel Rife, KDHE, regarding levee construction by Gulf Oil and
      Gulf Hallowell, Kansas facility.

              

      

       

      
        	
                85.  

              	
                Letter
      dated December 21, 1979 from Barbara Bowerman, KDHE, to Dick Benjamin,
      Gulf Oil, requesting documentation of construction of wastewater treatment
      facility in order to issue NPDES
permit.

              

      

       

      
        	
                86.  

              	
                Letter
      dated January 3, 1980 from R.D. Benjamin, Gulf Oil, to Joel Rife, KDHE,
      providing status of construction of wastewater treatment facility at Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                87.  

              	
                KDHE
      Facility Inspection Form in connection with inspection of Gulf Hallowell,
      Kansas facility performed by Joel Rife on April 17,
  1980.

              

      

       

      
        	
                88.  

              	
                Letter
      dated May 5, 1980 from Gerald Stoltenberg, KDHE, to Gulf Oil transmitting
      approved NPDES permit.

              

      

       

      
        	
                89.  

              	
                Letter
      dated June 5, 1981 from D.L. Caputo, Gulf Oil, to EPA, providing
      notification of hazardous waste activities at three (3) Gulf Oil
      facilities.

              

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      
        	
                90.  

              	
                Application
      for Kansas Hazardous Waste Storage, Treatment, and Disposal Facility
      Permit, dated June 15, 1981, submitted to KDHE by Gulf Oil for Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                91.  

              	
                Internal
      Correspondence dated October 29, 1981 from N.E. Gehrig. Gulf Oil, to J.M.
      Jones, Gulf Oil, regarding delisting of underwater laboratory testing
      facility.

              

      

       

      
        	
                92.  

              	
                Letter
      (not dated) from EPA to Gulf Oil returning Part A of a permit application,
      due to facility being
non-regulated.

              

      

       

      
        	
                93.  

              	
                Letter
      from J.M. Jones, Gulf Oil to John Goetz, KDHE, transmitting Gulf Oil’s
      federal application for a hazardous waste storage permit for Gulf
      Hallowell, Kansas facility.

              

      

       

      
        	
                94.  

              	
                Memorandum
      dated December 1, 1982 from Vivek Kamath, Gulf Oil, to File, regarding
      site inspection performed on November 9,
1982.

              

      

       

      
        	
                95.  

              	
                Memorandum
      dated January 7, 1983 from Donald Carlson, KDHE, to File, regarding
      notification by Vivek Kamath, Gulf Oil, of discharge by Gulf Oil of high
      levels of aluminum to waste stabilization ponds and response
      thereto.

              

      

       

      
        	
                96.  

              	
                Letter
      dated January 11, 1983 from M. J. Hilton, Gulf Oil, to John Goetz, KDHE,
      notifying of future transmission of 1981 and 1982 annual report for
      non-regulated material.

              

      

       

      
        	
                97.  

              	
                Letter
      dated January 24, 1983 from Vivek Kamath, KDHE, to Chet McLaughlin, EPA,
      regarding delisting by EPA of two (2) Gulf Oil
  facilities.

              

      

       

      
        	
                98.  

              	
                Letter
      dated August 1, 1983 from Bill Towery, KDHE, and KDHE Waste Stabilization
      Pond Inspection Form to James Carter, Gulf Oil, regarding site inspection
      performed by Bill Towery on July 22, 1983 of Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                99.  

              	
                Letter
      dated August 18, 1983 from John Mitchell, KDHE, to W.L. Jacobberger, Gulf
      Oil, informing of non-regulated status of Gulf Hallowell, Kansas
      facility.

              

      

       

      
        	
                100.  

              	
                Letter
      dated September 14, 1983 from J.L. Carter, Gulf Oil, to William Towery,
      KDHE, regarding corrective measures taken and to be taken in connection
      with July 22, 1983 site inspection of Gulf Hallowell, Kansas facility
      performed by KDHE.

              

      

       

      
        	
                101.  

              	
                Letter
      dated September 16, 1983 from William Towery, KDHE, to J.L. Carter, Gulf
      Oil, regarding follow-up inspection of the Gulf Hallowell, Kansas facility
      to be made by KDHE after implementation of corrective
      measures.

              

      

       

      
        	
                102.  

              	
                Memorandum
      dated October 10, 1983 from Donald Carlson, KDHE, to File, regarding land
      disposal of wastewater at Gulf Hallowell, Kansas
  facility.

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      
        	
                103.  

              	
                Letter
      dated February 7, 1984 from Allan Abramson, KDHE, to Gulf Oil,
      transmitting status report on Gulf Hallowell, Kansas facility and
      requesting corrections thereto and additional
  information.

              

      

       

      
        	
                104.  

              	
                Letter
      dated October 24, 1984 from Marla Noak, KDHE, to Jane Ratcliffe, EPA,
      responding to Gulf Oil’s request to withdraw Part A application for two
      (2) facilities.

              

      

       

      
        	
                105.  

              	
                Letter
      dated March 30, 1987 from Janel Rogers, KDHE, to Sheila Hoover, Thermex,
      responding to Thermex’s request for delisting petition for two (2)
      facilities (formerly owned by Gulf
Oil).

              

      

       

      
        	
                106.  

              	
                Letter
      dated April 24, 1987 from Janel Rogers, KDHE, to Sheila Hoover, Thermex,
      regarding submission by Thermex of Part A Hazardous Waste Permit
      Application for two (2) Thermex
facilities.

              

      

       

      
        	
                107.  

              	
                Letter
      dated July 31, 1987 from Dwight Burroughs, Thermex, to John Goetz, KDHE,
      transmitting revised Part A permit application for Thermex Underwater
      Lab.

              

      

       

      
        	
                108.  

              	
                Memorandum
      dated August 7, 1987, to Michael Sanderson, EPA, from Suzanne Rudzinski,
      EPA regarding Thermex/Radian’s request for guidance on compliance dates
      for submitting Part B permit application, issuing or denying a RCRA
      permit, and complying with minimum technological requirements for surface
      impoundments.

              

      

       

      
        	
                109.  

              	
                Letter
      dated August 24, 1987 from John Mitchell, KDHE, to Dwight Burroughs,
      Thermex, informing of amendment of status of Thermex Hallowell, Kansas
      facility to a hazardous waste
transporter.

              

      

       

      
        	
                110.  

              	
                Letter
      dated October 14, 1987 from Dwight Burroughs, Thermex, to Bill Towery,
      KDHE, regarding site inspection performed by KDHE of Thermex Hallowell,
      Kansas facility on September 3,
1987.

              

      

       

      
        	
                111.  

              	
                Letter
      dated November 4, 1987 from William Towery, KDHE, to Dwight Burroughs,
      Thermex, regarding correction of deficiencies  noted during June
      24, 1987 site inspection performed by KDHE of Thermex Hallowell, Kansas
      facility.

              

      

       

      
        	
                112.  

              	
                Memorandum
      dated November 30, 1987 from Donald Carlson, KDHE to John Goetz, KDHE,
      regarding resolution of problems at Thermex Hallowell, Kansas
      facility.

              

      

       

      
        	
                113.  

              	
                Letter
      of Warning dated December 7, 1987 from John Goetz, KDHE, to Dwight
      Burroughs, Thermex, regarding deadline of implementation of activities
      outlined in hydrogeologic investigation prepared by Radian
      Corporation.

              

      

       

      
        	
                114.  

              	
                Memorandum
      dated December 9, 1987 from Bill Towery, KDHE, to John Goetz, KDHE,
      regarding November 30, 1987 site inspection of Thermex Hallowell, Kansas
      facility.

              

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

       

      
        	
                115.  

              	
                Letter
      dated December 16, 1987 from Donald Carlson, KDHE, to Dwight Burroughs,
      Thermex, granting of permission for remedial action in connection with
      Thermex Hallowell, Kansas facility.

              

      

       

      
        	
                116.  

              	
                Letter
      dated December 17, 1987 from Dwight Burroughs, Thermex, to John Goetz,
      KDHE, regarding implementation of hydrogeologic investigation
      plan.

              

      

       

      
        	
                117.  

              	
                Letter
      dated April 4, 1988 from Oldrich Machacek, Thermex, to John Goetz, KDHE,
      regarding re-evaluation by Thermex of regulatory status of Thermex
      Hallowell, Kansas facility.

              

      

       

      
        	
                118.  

              	
                Letter
      dated January 26, 1989 from Oldrich Machacek, Thermex, to Steve
      Broslavick, KDHE, submitting information to enable the KDHE to make a
      ruling on a waste exemption request by Thermex for the Thermex Hallowell,
      Kansas facility

              

      

       

      
        	
                119.  

              	
                Letter
      dated August 2, 1989 from Oldrich Machacek, Thermex, to Steve Broslavick,
      KDHE, regarding chromium crosslinkers and generation and disposal of waste
      explosives at the Thermex Hallowell, Kansas
  facility.

              

      

       

      
        	
                120.  

              	
                Attendance
      Record dated August 15, 1990.

              

      

       

      
        	
                121.  

              	
                Special
      Report by Gulf Oil dated April 27, 1970 regarding washdown water sample
      taken at Gulf Hallowell, Kansas
facility.

              

      

       

      
        	
                122.  

              	
                Letter
      dated March 17, 1971 from Nicholas Duffett and Howard Stoltenberg, KDHE,
      to Myrl Rennie, and Memorandum dated March 17, 1971 from Howard
      Stoltenberg, KDHE, to Leonard Imhof, KDHE, regarding results of water
      samples collected February 28, 1971 and March 6, 1971 from strip pit near
      Gulf Hallowell, Kansas facility.

              

      

       

      
        	
                123.  

              	
                Memorandum
      dated November 14, 1974 from Howard Stoltenberg, KDHE, to W.T. Towery,
      KDHE, regarding samples collected November 1, 1974 from streams in
      Cherokee County which may possibly be contaminated by mine wastes from
      Gulf Hallowell, Kansas facility.

              

      

       

      
        	
                124.  

              	
                Memorandum
      dated November 22, 1974 from Howard Stoltenberg, KDHE, to W.T. Towery,
      KDHE, regarding sample survey (collected November 15, 1974) of the Cherry
      Creek Basin in Cherokee County below the discharge from the Pittsburg and
      Midway Mining Co.

              

      

       

      
        	
                125.  

              	
                Letter
      dated October 28, 1986 from Clifford Baker, Wilson Laboratories, to Sheila
      Hoover, Thermex, regarding additional information on analysis performed on
      behalf as a subcontractor of QWAL
Laboratories.

              

      

       

      
        	
                126.  

              	
                Letter
      dated November 19, 1985 from Thermex to Steve Broslavick, KDHE, regarding
      analysis of holding ponds by QWAL
Laboratories.

              

      

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      
        	
                127.  

              	
                Letter
      dated November 24, 1987 from Dwight Burroughs, Thermex, to John Goetz,
      KDHE, requesting permission for land application of wastewater at Thermex
      Hallowell, Kansas facility.

              

      

       

      
        	
                128.  

              	
                Letter
      dated December 11, 1987 from Dwight Burroughs, Thermex, to John Goetz,
      KDHE, transmitting lab report on wastewater from surface impoundments at
      Thermex Hallowell, Kansas facility.

              

      

       

      
        	
                129.  

              	
                Letter
      dated June 27, 1989 from Dale Kennedy, Aptus Environmental Services, to
      Gary Eck, Thermex, transmitting laboratory analysis report for sample
      received from Thermex on June 7,
1989.

              

      

       

      
        	
                130.  

              	
                Letter
      dated August 13, 1990 from Gary Eck, Thermex, to Mike Sanderson, EPA,
      regarding proper classification of sludge materials from wastewater pond
      located at Thermex Hallowell, Kansas
facility.

              

      

       

      
        	
                131.  

              	
                Memorandum
      from Stan Harter, Mined Land Wildlife Area, to John Silovsky, in
      connection with detail of events regarding plan of SEC for cleanup of SEC
      Hallowell, Kansas facility.

              

      

       

      
        	
                132.  

              	
                Letter
      dated September 8, 1995 from Travis Kogl, KDHE, to Stan Harder, Mined Land
      Wildlife Area, regarding analytical results for surface water and soil
      samples collected by the KDHE from the Mined Land Wildlife
      Area.

              

      

       

      
        	
                133.  

              	
                Conversation
      Record dated March 22, 2000 regarding site visit for purpose of sample
      collection at SEC Hallowell, Kansas
facility.

              

      

       

      
        	
                134.  

              	
                Letter
      dated February 25, 2002 from Christopher McDonald, Shook, Hardy and Bacon,
      to John Carver, LSB Chemical Corp., and Dave Hempelman, SCS Engineers,
      transmitting materials received from the Department of Wildlife &
      Parks on SEC.

              

      

      
        	
                a.  

              	
                Letter
      dated February 20, 2002 from Rob Riggin Kansas Department of Wildlife
      & Parks to Chris McDonald, Shook, Hardy, Bacon, transmitting water
      quality tests and correspondence relating to water quality issues
      associated with SEC.

              

      

       

      
        	
                135.  

              	
                Letter
      dated February 8, 2001 from Christopher McDonald, Shook, Hardy &
      Bacon, to Ronald Hammerschmidt, KDHE, requesting access to and copies of
      all documents and information relating to SEC located in Hallowell,
      Kansas.

              

      

       

      
        	
                136.  

              	
                Letter
      dated February 21, 2000 from Gene Curtis, Thiokol Propulsion, to Ron
      Hammerschmidt, KDHE, regarding FOIA request to review environmental
      records for the UTeC Hallowell, Kansas
facility.

              

      

       

      
        	
                137.  

              	
                Letter
      dated March 5, 1999 from Rick Bean, KDHE, to Terry Wright, SEC, regarding
      nitrate contamination in the soil and ground water at the SEC Hallowell,
      Kansas facility.

              

      

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

       

      
        	
                138.  

              	
                Letter
      dated September 14, 1995 from KDHE to Peter Culver, EPA, regarding
      screening site inspection of SEC Hallowell, Kansas
    facility.

              

      

       

      
        	
                139.  

              	
                Letter
      dated September 19, 1995 from Travis Kogl, KDHE, to Terry Wright, SEC,
      transmitting results for samples collected at SEC Hallowell, Kansas
      facility by the KDHE as part of a Preliminary Assessment/Screening Site
      Inspection.

              

      

       

      
        	
                140.  

              	
                Latitude
      and Longitude Calculation Worksheet #1 for SEC Hallowell, Kansas facility
      performed by Angela Babbit on July 11,
1995.

              

      

       

      
        	
                141.  

              	
                Part
      of a memorandum from Steve Broslavick, KDHE, regarding an August 15, 1993
      meeting.

              

      

       

      
        	
                142.  

              	
                Letter
      dated August 18, 1993 from Kelly Fin, KDHE, to Terry Wright, SEC,
      regarding dewatering of a pit adjacent to SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                143.  

              	
                Conversation
      Record dated August 17, 1993 of telephone calls between Kelly Finn, KDHE,
      and (a) Chuck Getchell, SEDO, regarding approval to dewater; (b) Rex
      Heape, SEDO, regarding land application; (c) Terry Wright, SEC, regarding
      dewatering of stormwater pond; and (d) Rex Heape, SEDO, regarding land
      application.

              

      

       

      
        	
                144.  

              	
                Conversation
      Record dated August 16, 1993 of telephone calls between Kelly Finn, KDHE,
      and (a) Rod Geisler, KDHE, regarding irrigation with stormwater from a
      pond; and (b) Terry Wright, SEC, regarding
  dewatering.

              

      

       

      
        	
                145.  

              	
                Memorandum
      dated August 4, 1993 from Stan Harter, Mined Land Wildlife Area, to Ed
      Alvis, transmitting memorandum of agreement to establish responsibilities
      for the cleanup of the settling ponds and grounds at SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                146.  

              	
                Letter
      dated July 19, 1993 from Kelly Finn, KDHE, to Terry Wright, SEC, regarding
      discharge to a stream from a detention pond at SEC Hallowell, Kansas
      facility.

              

      

       

      
        	
                147.  

              	
                Memorandum
      from Kelly Finn, KDHE, to Marian Massoth, KDHE, regarding inspection of
      SEC Hallowell, Kansas facility by SEDO
staff.

              

      

       

      
        	
                148.  

              	
                Memorandum
      dated November 2, 1992 from Steve Broslavick, KDHE, to Don Carlson, KDHE,
      transferring oversight of the closure of the SEC Hallowell, Kansas
      facility’s lagoon system to the Bureau of
Water.

              

      

       

      
        	
                149.  

              	
                Letter
      dated October 22, 1992 from Terry Wright, SEC, to Steve Broslavick, KDHE,
      regarding closure plan for EPA.

              

      

       

      
        	
                150.  

              	
                Letter
      dated December 3, 1991 from Terry Wright, SEC, to Steve Broslavick, KDHE,
      regarding closure plan for EPA.

              

      

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      
        	
                151.  

              	
                Letter
      dated October 16, 1991 from Steve Broslavick, KDHE, to Terry Wright, SEC,
      regarding closure plan for EPA.

              

      

       

      
        	
                152.  

              	
                Letter
      dated August 5, 1991 from Terry Wright, SEC, to Steve Broslavick, KDHE,
      regarding final test on sludge.

              

      

       

      
        	
                153.  

              	
                Letter
      dated March 20, 1991 from Terry Wright, SEC, to Steve Broslavick, KDHE,
      regarding purchase by SEC from Thermex of Hallowell, Kansas
      facility.

              

      

       

      
        
           

        

        
          14 

          
            

          

        

        
           

        

      

    
      Part 3.22(a)

       

      
        EXECUTIVE INFORMATION

         

      

    

    
      	 
      	 
      	 
      	 
      	 
      	
               

            	 
      	
               Date
      Last

            	 
      	
               Eligibility

            	
               

            	 
      	 
      
	 
      	 
      	 
      	
              Hire

            	
              H(ourly)/

            	
               Current

            	
               Previous

            	
               Rate

            	
               Car

            	
               Hire

            	
              Accum

            	
              Accum

            	 
      
	
              Employee Name

            	
              Employer

            	
              Job Title

            	
              Date

            	
              S(alaried)

            	
                Rate*

            	
               Rate

            	
               Change

            	
               Allowance*

            	
               Date

            	
              Vacation**

            	
              Sick Leave**

            
	 
      	 
      	 
      	 
      	 
      	
               ($)

            	
               ($)

            	 
      	
               ($)

            	 
      	
              (days)

            	
              (days)

            	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Daniel
      D Clanton

            	
              SEC

            	
              Sr.
      Technical Sales Representative

            	
              1/28/1989

            	
              S

            	
                   2,307.70

            	
                   1,888.47

            	
              2/10/2000

            	
                     265.39

            	
              1/28/1989

            	
              6

            	
              N/A

            	 
      
	
              Deanna
      Jean Cox

            	
              SEC

            	
              Marketing
      Assistant

            	
              11/1/2000

            	
              H

            	
                        11.00

            	
                        10.00

            	
              11/13/2001

            	 
      	
              11/1/2000

            	
              5

            	
              48

            	 
      
	
              Terri
      L Davis

            	
              SEC

            	
              Administrative
      Services Manager

            	
              3/6/1989

            	
              S

            	
                   1,230.77

            	
                   1,153.85

            	
              9/19/2000

            	 
      	
              3/6/1989

            	
              12

            	
              N/A

            	 
      
	
              Jason
      Eric Herron

            	
              SEC

            	
              Driller

            	
              7/16/2001

            	
              H

            	
                        10.00

            	
                         9.00

            	
              10/2/2001

            	 
      	
              7/16/2001

            	
              5

            	
              16

            	 
      
	
              Travis
      R Holt

            	
              SEC

            	
              Driller

            	
              9/9/2002

            	
              H

            	
                        10.00

            	 
      	 
      	 
      	
              9/9/2002

            	
              0

            	
              0

            	 
      
	
              Paul
      S Keeling

            	
              SEC

            	
              Vice
      President/Marketing

            	
              1/28/1989

            	
              S

            	
                   3,692.31

            	
                   3,538.47

            	
              11/13/2001

            	
                     230.77

            	
              1/28/1989

            	
              8

            	
              N/A

            	 
      
	
              James
      W Keen

            	
              SEC

            	
              Mine
      Services & Retail Sales Manager

            	
              1/28/1989

            	
              S

            	
                   2,500.00

            	
                   2,384.62

            	
              2/10/2000

            	
                     265.39

            	
              1/28/1989

            	
              12

            	
              N/A

            	 
      
	
              Janice
      E Keen

            	
              SEC

            	
              Mine
      Services & Retail Sales Office Manager

            	
              1/28/1989

            	
              S

            	
                      863.47

            	
                         9.75

            	
              2/4/2002

            	 
      	
              1/28/1989

            	
              9

            	
              N/A

            	 
      
	
              Jonathan
      P Keen

            	
              SEC

            	
              Blaster/Driller

            	
              9/9/2002

            	
              H

            	
                        12.00

            	 
      	 
      	 
      	
              9/9/2002

            	
              0

            	
              0

            	 
      
	
              Lori
      M Keen

            	
              SEC

            	
              Mine
      Service & Retail Sales Office Assistant

            	
              1/10/1994

            	
              H

            	
                         9.25

            	
                         8.50

            	
              1/28/2002

            	 
      	
              1/10/1994

            	
              9

            	
              16

            	 
      
	
              Robert
      Kenneth Le Blanc

            	
              SEC

            	
              Kinepak
      Product Manager

            	
              12/29/2000

            	
              S

            	
                   2,884.64

            	 
      	 
      	
                     265.39

            	
              12/29/2000

            	
              1

            	
              N/A

            	 
      
	
              Brian
      F Loader

            	
              SEC

            	
              Technical
      Sales Representative

            	
              9/15/1997

            	
              S

            	
                   2,115.39

            	
                   1,807.70

            	
              2/10/2000

            	
                     265.39

            	
              9/15/1997

            	
              10

            	
              N/A

            	 
      
	
              William
      Manion

            	
              SEC

            	
              President

            	
              1/28/1989

            	
              S

            	
                   4,423.08

            	
                   3,653.85

            	
              2/10/2000

            	
                     230.77

            	
              1/28/1989

            	
              10

            	
              N/A

            	 
      
	
              Houston
      L McCarty

            	
              SEC

            	
              Blaster/Driller

            	
              11/4/1992

            	
              H

            	
                        14.50

            	
                        12.25

            	
              1/28/2002

            	 
      	
              11/4/1992

            	
              8

            	
              16

            	 
      
	
              Alfred
      J Mitchell III

            	
              SEC

            	
              Logistics
      Manager

            	
              8/31/2002

            	
              S

            	
                   1,576.93

            	
                   1,386.54

            	
              8/31/2002

            	
                     115.39

            	
              1/31/2000

            	
              0

            	
              N/A

            	 
      
	
              Danny
      W Osburn

            	
              SEC

            	
              Drilling
      & Blasing Supervisor

            	
              1/30/1989

            	
              S

            	
                   1,538.47

            	
                   1,496.16

            	
              2/10/2000

            	 
      	
              1/30/1989

            	
              8

            	
              N/A

            	 
      
	
              Kent
      Allen Sampson

            	
              SEC

            	
              Technical
      Sales Representative

            	
              9/9/1996

            	
              S

            	
                   1,923.08

            	
                   1,615.39

            	
              2/10/2000

            	
                     265.39

            	
              9/9/1996

            	
              15

            	
              N/A

            	 
      
	
              Roger
      L Spence

            	
              SEC

            	
              Blaster/Driller

            	
              8/11/1998

            	
              H

            	
                        12.00

            	
                        11.00

            	
              4/4/2001

            	 
      	
              8/11/1998

            	
              5

            	
              40

            	 
      
	
              Jerry
      E Standlee

            	
              SEC

            	
              Field
      Service Representative

            	
              1/28/1989

            	
              H

            	
                        12.00

            	
                        11.00

            	
              5/5/2000

            	 
      	
              1/28/1989

            	
              8

            	
              0

            	 
      
	
              Paul
      V Sterk

            	
              SEC

            	
              Technical
      Sales Representative

            	
              12/31/2001

            	
              S

            	
                   1,846.16

            	 
      	 
      	
                     230.77

            	
              12/31/2001

            	
              0

            	
              N/A

            	 
      
	
              Lawrence
      D Tappana

            	
              SEC

            	
              Technical
      Sales Representative

            	
              1/28/1989

            	
              S

            	
                   1,511.54

            	
                   1,434.63

            	
              10/13/1998

            	
                     265.39

            	
              1/28/1989

            	
              10

            	
              N/A

            	 
      
	
              Tommy
      W Tipton

            	
              SEC

            	
              Blaster/Driller

            	
              1/3/1992

            	
              H

            	
                        12.25

            	
                        11.25

            	
              5/5/2000

            	 
      	
              1/3/1992

            	
              1

            	
              0

            	 
      
	
              Darrell
      G Williams

            	
              SEC

            	
              Field
      Service Representative

            	
              8/31/2002

            	
              S

            	
                   1,461.54

            	
                   1,384.62

            	
              1/21/2002

            	 
      	
              12/31/1995

            	
              0

            	
              N/A

            	 
      
	
              Ronald
      Kent Allen

            	
              UTC

            	
              Mixer

            	
              8/31/2002

            	
              H

            	
                        12.00

            	
                         9.25

            	
              10/14/2002

            	 
      	
              10/2/1989

            	
              1.68

            	
              4

            	 
      
	
              Larry
      G Andrews

            	
              UTC

            	
              Mixer/Leadman

            	
              10/2/1989

            	
              H

            	
                        12.50

            	
                        11.20

            	
              10/14/2002

            	 
      	
              10/2/1989

            	
              0.37

            	
              32

            	 
      
	
              Michael
      A Ash

            	
              UTC

            	
              Production
      Worker

            	
              7/28/1998

            	
              H

            	
                         9.50

            	
                         9.00

            	
              12/11/2001

            	 
      	
              7/28/1998

            	
              2.05

            	
              96

            	 
      
	
              Scot
      E Ash

            	
              UTC

            	
              Mixer/Leadman

            	
              3/17/1997

            	
              H

            	
                        12.50

            	
                        11.50

            	
              10/14/2002

            	 
      	
              3/17/1997

            	
              8.55

            	
              96

            	 
      
	
              Michael
      Allen Bolt

            	
              UTC

            	
              Nitrate
      Logistics Supervisor

            	
              8/31/2002

            	
              S

            	
                   1,538.47

            	
                   1,522.31

            	
              1/7/2002

            	 
      	
              8/31/1998

            	
              1.12

            	
              N/A

            	 
      
	
              Tana
      Kay Bolt

            	
              UTC

            	
              Administrative
      Assistant

            	
              8/19/2002

            	
              S

            	
                      923.08

            	
                         9.50

            	
              8/19/2002

            	 
      	
              12/24/1999

            	
              7.29

            	
              N/A

            	 
      
	
              Darrell
      Wayne Boyes

            	
              UTC

            	
              Kinepak
      Production Manager

            	
              8/31/2002

            	
              S

            	
                   1,500.00

            	
                   1,403.85

            	
              3/18/2002

            	 
      	
              1/15/2001

            	
              11.05

            	
              N/A

            	 
      
	
              Rernest
      Ray Brumback

            	
              UTC

            	
              Plant
      Superintendent

            	
              8/31/2002

            	
              S

            	
                   1,480.77

            	
                   1,355.00

            	
              10/14/2002

            	 
      	
              10/2/1989

            	
              0.37

            	
              N/A

            	 
      
	
              Kenneth
      E Burton

            	
              UTC

            	
              Plant
      Manager - PRUF Plant

            	
              10/2/1989

            	
              S

            	
                   1,615.39

            	
                   1,461.54

            	
              4/19/2000

            	 
      	
              10/2/1989

            	
              15.37

            	
              N/A

            	 
      
	
              Robert
      D Burton

            	
              UTC

            	
              Kinepak
      Lead Operator

            	
              8/31/2002

            	
              H

            	
                        11.50

            	
                        10.00

            	
              10/14/2002

            	 
      	
              12/8/1997

            	
              1.68

            	
              4

            	 
      
	
              Rocky
      D Burton

            	
              UTC

            	
              Packaging
      Machine Operator

            	
              4/15/1997

            	
              H

            	
                        11.50

            	
                        10.90

            	
              10/22/2002

            	 
      	
              4/15/1997

            	
              4.9

            	
              28

            	 
      
	
              Ronald
      Dean Dowling

            	
              UTC

            	
              Packaging
      Machine Operator

            	
              10/7/2002

            	
              H

            	
                        11.50

            	
                        10.50

            	
              10/16/2002

            	 
      	
              10/7/2002

            	
              0.11

            	
              0

            	 
      
	
              Cathliene
      Dunn

            	
              UTC

            	
              Production
      Utility

            	
              5/26/1998

            	
              H

            	
                         9.25

            	
                         8.70

            	
              10/7/2002

            	 
      	
              5/26/1998

            	
              0.16

            	
              0

            	 
      
	
              Gary
      R Eck

            	
              UTC

            	
              Lab
      Manager

            	
              9/30/1991

            	
              S

            	
                   2,692.31

            	
                   2,567.70

            	
              4/19/2000

            	 
      	
              9/30/1991

            	
              140

            	
              N/A

            	 
      
	
              Therese
      A Eck

            	
              UTC

            	
              Temporary
      Lab Technician

            	
              5/22/2000

            	
              H

            	
                         6.25

            	
                         6.00

            	
              5/21/2001

            	 
      	
              5/22/2000

            	
              N/A

            	
              N/A

            	 
      
	
              Forrest
      D Fox

            	
              UTC

            	
              Mixer
      - Leadman

            	
              8/31/2002

            	
              H

            	
                        12.50

            	
                        11.20

            	
              8/31/2002

            	 
      	
              4/8/1991

            	
              1.68

            	
              4

            	 
      
	
              Carl
      Lawrence Jones

            	
              UTC

            	
              Production
      Utility

            	
              8/31/2002

            	
              H

            	
                         9.25

            	
                         9.75

            	
              8/31/2002

            	 
      	
              10/2/1989

            	
              1.68

            	
              4

            	 
      
	
              Michael
      Alan Jones

            	
              UTC

            	
              Compliance
      Manager

            	
              8/31/2002

            	
              S

            	
                   2,000.00

            	
                   1,634.62

            	
              3/18/2002

            	
                     115.39

            	
              1/3/2001

            	
              11.55

            	
              N/A

            	 
      

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
       

      
        	 
      	 
      	 
      	 
      	 
      	
                 

              	 
      	
                 Date
      Last

              	 
      	
                 Eligibility

              	
                 

              	 
      	 
      
	 
      	 
      	 
      	
                Hire

              	
                H(ourly)/

              	
                 Current

              	
                 Previous

              	
                 Rate

              	
                 Car

              	
                 Hire

              	
                Accum

              	
                Accum

              	 
      
	
                Employee Name

              	
                Employer

              	
                Job Title

              	
                Date

              	
                S(alaried)

              	
                  Rate*

              	
                 Rate

              	
                 Change

              	
                 Allowance*

              	
                 Date

              	
                Vacation**

              	
                Sick Leave**

              
	 
      	 
      	 
      	 
      	 
      	
                 ($)

              	
                 ($)

              	 
      	
                 ($)

              	 
      	
                (days)

              	
                (days)

              	 
      

      

    

    
      	
              Joan
      R Lee

            	
              UTC

            	
              Office
      Manager

            	
              9/30/1991

            	
              S

            	
                   1,057.70

            	
                      980.77

            	
              4/19/2000

            	 
      	
              9/30/1991

            	
              7.5

            	
              N/A

            	 
      
	
              Bobby
      Gene Little

            	
              UTC

            	
              Production
      Utility

            	
              8/31/2002

            	
              H

            	
                         9.25

            	
                         9.75

            	
              8/31/2002

            	 
      	
              3/29/1996

            	
              1.12

            	
              4

            	 
      
	
              Wallace
      Long

            	
              UTC

            	
              Production
      Supervisor

            	
              8/31/2002

            	
              S

            	
                   1,375.00

            	
                   1,334.62

            	
              6/2/2000

            	 
      	
              1/28/1989

            	
              10.56

            	
              N/A

            	 
      
	
              Oldrich
      Machacek

            	
              UTC

            	
              President

            	
              6/6/1990

            	
              S

            	
                   3,846.16

            	
                   3,644.62

            	
              4/4/2001

            	
                     161.54

            	
              6/6/1990

            	
              14

            	
              N/A

            	 
      
	
              Wade
      Messer

            	
              UTC

            	
              Production
      Utility

            	
              5/8/2000

            	
              H

            	
                         9.25

            	
                         8.70

            	
              10/7/2002

            	 
      	
              5/8/2000

            	
              0.11

            	
              0

            	 
      
	
              Petra
      Niegisch

            	
              UTC

            	
              Production
      Utility

            	
              5/31/2000

            	
              H

            	
                         9.25

            	
                         8.70

            	
              10/7/2002

            	 
      	
              5/31/2000

            	
              0.11

            	
              0

            	 
      
	
              Mike
      J Pace

            	
              UTC

            	
              Testing
      Technician

            	
              10/21/1991

            	
              S

            	
                   1,307.70

            	
                   1,192.31

            	
              4/19/2000

            	 
      	
              10/21/1991

            	
              5

            	
              N/A

            	 
      
	
              Dino
      Parise

            	
              UTC

            	
              Production
      Worker

            	
              3/10/2000

            	
              H

            	
                         9.50

            	
                         9.00

            	
              12/11/2001

            	 
      	
              3/10/2000

            	
              5.89

            	
              88

            	 
      
	
              Edward
      M Piatrowski

            	
              UTC

            	
              Analytical
      Chemist

            	
              4/18/1994

            	
              S

            	
                   1,230.77

            	
                   1,115.39

            	
              4/19/2000

            	 
      	
              4/18/1994

            	
              6

            	
              N/A

            	 
      
	
              Nick
      L Rainey

            	
              UTC

            	
              Test
      Site Supervisor/Scientist

            	
              9/30/1991

            	
              S

            	
                   1,653.85

            	
                   1,584.62

            	
              4/19/2000

            	 
      	
              9/30/1991

            	
              14

            	
              N/A

            	 
      
	
              Curtis
      D Shoemaker

            	
              UTC

            	
              Logistics
      Driver

            	
              10/2/2002

            	
              S

            	
                   1,200.00

            	
                        15.00

            	
              10/7/2002

            	 
      	
              8/1/2001

            	
              0.25

            	
              N/A

            	 
      
	
              Alan
      T Smith

            	
              UTC

            	
              Mixer

            	
              5/18/1998

            	
              H

            	
                        12.00

            	
                        10.50

            	
              10/14/2002

            	 
      	
              5/18/1998

            	
              4.05

            	
              32

            	 
      
	
              Franklin
      D Stark

            	
              UTC

            	
              Maintenance
      Mechanic

            	
              8/31/2002

            	
              H

            	
                        11.50

            	
                        11.00

            	
              8/31/2002

            	 
      	
              12/9/1996

            	
              1.68

            	
              4

            	 
      
	
              Kevin
      D Tallent

            	
              UTC

            	
              Physicist/Project
      Scientist

            	
              2/13/1995

            	
              S

            	
                   1,346.16

            	
                   1,269.24

            	
              4/19/2002

            	 
      	
              2/13/1995

            	
              15

            	
              N/A

            	 
      
	
              Michelle
      Terry

            	
              UTC

            	
              Production
      Utility

            	
              7/25/2001

            	
              H

            	
                         9.25

            	
                         9.75

            	 
      	 
      	
              7/25/2001

            	
              0.11

            	
              0

            	 
      
	
              Timothy
      K Terry

            	
              UTC

            	
              Mixer

            	
              8/31/1998

            	
              H

            	
                        12.00

            	
                        10.10

            	
              10/14/2002

            	 
      	
              8/31/1998

            	
              1.12

            	
              24

            	 
      
	
              Darin
      S Wall

            	
              UTC

            	
              Testing
      Technician

            	
              12/5/1994

            	
              S

            	
                      980.77

            	
                      884.62

            	
              4/19/2002

            	 
      	
              12/5/1994

            	
              0

            	
              N/A

            	 
      
	
              Harse
      Waters

            	
              UTC

            	
              Warehouse
      Operator

            	
              10/7/2002

            	
              H

            	
                        10.00

            	 
      	 
      	 
      	
              10/7/2002

            	
              0.11

            	
              0

            	 
      
	
              Troy
      White

            	
              UTC

            	
              Warehouse
      Operator

            	
              8/1/1996

            	
              H

            	
                        10.00

            	
                        10.90

            	
              10/7/2002

            	 
      	
              8/1/1996

            	
              0.16

            	
              0

            	 
      
	
              Clive
      Charles Whiteside

            	
              UTC

            	
              Plant
      Manager

            	
              7/8/2002

            	
              S

            	
                   3,269.24

            	 
      	 
      	
                     161.54

            	
              7/8/2002

            	
              2.6

            	
              N/A

            	 
      
	
              Cody
      Robert Zook

            	
              UTC

            	
              Production
      Worker

            	
              5/2/2002

            	
              H

            	
                         9.25

            	
                         8.00

            	
              10/14/2002

            	 
      	
              5/2/2002

            	
              6.66

            	
              12

            	 
      
	
              Jose
      Acosta

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              Maria
      D Acosta

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              John
      David Clifton

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              Steven
      Lee Cook

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              David
      H Hadley

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              Tommy
      Allen Long

            	
              UTC

            	
              Quality
      Control Technician

            	
              10/23/2002

            	
              H

            	
                        13.00

            	 
      	 
      	 
      	
              10/23/2002

            	 
      	 
      	 
      
	
              Sandra
      K Martorana

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	
              Joyce
      Yvonne Smith

            	
              UTC

            	
              Utility
      Worker

            	
              11/4/2002

            	
              H

            	
                         7.50

            	 
      	 
      	 
      	
              11/4/2002

            	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Parttime
      - hasn't been paid since 2/24/02

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              Kenny
      Campbell

            	
              UTC

            	 
      	
              10/11/1999

            	
              H

            	
                         8.50

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              *bi-weekly

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              **as
      of 10/11/02

            	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Part 3.23(b)

    
      

      EXCEPTIONS TO
REPRESENTATIONS CONCERNING

      LABOR
DISPUTES

      

      

      On  February
8, 2002, a Collective Bargaining Agreement between Slurry Explosive Corporation
(“SEC”) and Paper, Allied Industrial, Chemical and Energy Workers International
Union Local 5-508 AFL-CIO (the “Union”) expired by its own terms.  The
parties were in process of negotiating a renewal agreement immediately before
the Bureau of Alcohol, Tobacco and Firearms rescinded SEC’s license to
manufacture explosives.  The negotiations are now on hold,
indefinitely.

      

      As a
result of SEC’s loss of its license to manufacture explosives, the Union filed
an unfair labor practice charge claiming SEC failed to bargain in good faith
over “effects”.  Unfair Labor Practice Charge Case No. 17-CA-21548-1
has been settled through the process of negotiations.  Accordingly,
the National Labor Relation Board has closed the case.

      

      On November 25, 2002, Universal Tech
Corporation (“UTeC”) received a Notice of Charge of Discrimination from the
Equal Employment Opportunity Commission in connection with a Charge of
Discrimination by Ms. Jama R. White (a former employee of SEC) wherein Ms. White
alleges against UTeC her belief that she was not recently hired by UTeC because
of a sexual harassment complaint she asserted with SEC in September,
2001.  This charge is under investigation and a timely response will
be filed.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

      Part 3.24(d)

      

      PATENTS; EXCEPTIONS TO
REPRESENTATIONS;

      ASSIGNMENT OF INVENTIONS BY
EMPLOYEES/FORMER EMPLOYEES

      

      

      
        	
                A.

              	
                The
      following employees, by signing a “Personnel Policies Manual
      Acknowledgment” in connection with their receipt of the Slurry Explosive
      Corporation (“SEC”) Handbook (copies of which have been provided to
      Buyers), have agreed to assignment of any inventions, improvements,
      discoveries or information relating to the business of the
      Seller:

              

      

       

      Terri
Davis                Alfred
Mitchell

      Jason
Herron                Mark Hamilton

      Travis
Holt                 Jack
Muller

      Paul
Keeling               Danny Osburn

      Janice
Keen                Kent
Sampson

      Jonathan
Keen               Roger Spence

      Jim
Keen                 Jerry Standlee

      Lori
Keen                 Paul Sterk

      Bob
LeBlanc                Larry
Lappana

      Brian
Loader                Tom
Tipton

      William
Manion               Darrell
Williams

      Houston
McCarty

       

      
        	
                B.

              	
                In
      addition to the foregoing, the following employees/former employees
      executed Assignments (copies, or evidence thereof, have been provided to
      Buyers) in connection with the specific patents listed
    below:

              

      

       

           Employee/                                                                                                               United
States

          Former Employee                                                      Assignee                                     Serial/Reg
No.

      

      Oldrich
Machacek                                                      SEC
(as
assigned)                                 4,718,954

      Gary
Eck

      Neil
Gehrig

      

      Paul
Keeling                                                          SEC                                               5,763,816

      

      Paul
Keeling                                                          SEC                                               09/638,131

      Brian
Loader

      

      Oldrich
Machacek                                           Universal
Tech
Corporation                           5,608,184

      Gary
Eck                (“UTeC”)

      Brent
Gilion

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

            Employee/                                                                                                            United
States

            Former Employee                                                  Assignee                                     Serial/Reg
No.

    Oldrich
Machacek                                                   UTeC                                          6,214,140

      Gary
Eck

      

      
        	
                C.

              	
                The
      following patents are registered in the name of
  SEC:

              

      

       

                                        Place of        Issue

      
        Patent          Serial/Reg.
No.       Registration       Date

      

       

      “Explosive
Compositions”                             4,718,954        United States        01/12/88

      
         

        “Improved
Explosive Primer”      5,763,816        United
States       06/09/98

         

        
          “Continuous
Explosive Charge     09/638,131
 1        United States       Pending

          Assembly
and Method for                            2,341,9421         Canada          Pending

        

      

      Loading
Same in an Elongated

      Cavity”

      

      
        	
                 
      

              	
                These
      patents were to be assigned to UTeC pursuant to that certain Asset
      Purchase Agreement, dated May 14, 2002, between SEC and
    UTeC.

              

      

      

      License:  License
Agreement, dated October 1, 1996, between Slurry Explosive Corporation and Total
Energy Systems Limited, as amended and assigned to Quantum Explosives Pty. Ltd.,
pursuant to an Assignment and Amendment of the Slurry Explosive Corporation
License Agreement, dated August 2, 1999.

      

      
        	
                D. 

              	
                The
      following patents are registered in the name of
  UTeC:

              

      

       

                                        Place of        Issue

      
        
          Patent          Serial/Reg.
No.       Registration       Date

        

         

      

      “Alternative
Use of Military      5,608,184         United
States      03/04/97

      Propellants
as Novel Blasting     PCT/US96/01284         Europe        pending

      Agents”

      

      “Development
of New High      6,214,140                                         United
States      04/10/01

      Energy
Blasting Products

      Using
Demilitarized Ammonium

      Picrate”

      

        

      

      

        1 This
patent was initially rejected by the U.S. Patent and Trademark Office
(“USPTO”).  An Amendment to the application was filed on February 13,
2002.  On June 17, 2002, a Response to Restriction Requirement was
filed with the USPTO.  SEC received a Final Office Action Notice from
the USPTO dated September 23, 2002.  The deadline for responding to
the Final Office Action Notice is December 23, 2002.  The deadline can
be extended up to three months, or until March 23, 2003, upon the payment of
additional fees.  Under no circumstance can the response deadline be
extended beyond March 23, 2003.

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      
         

                                          Place of        Issue

        
          
            Patent          Serial/Reg.
No.       Registration       Date

          

           

        

      

      
        “Beneficial
Use
of  Energy-                          5,536,897                                         United
States      07/16/96

        Containing
Wastes”2

        

        “Beneficial
Use
of  Energy-                         5,612,507                                           United
States      03/18/97

        Containing
Wastes”2

      

        
        

      

      
        2 Fifty
percent (50%) owned with United Technologies Corporation.

        

          
            
               

            

            
               
3

              
                

              

            

            
               

            

          

          Part 3.24(e)

          

          MARKS; EXCEPTIONS TO
REPRESENTATIONS

          

          

          
            	
                    A.

                  	
                    The
      following Marks are registered in the name of Slurry Explosive Corporation
      (“SEC”):

                  

          

          
             

                                              Place of        Issue

            
              Patent          Serial/Reg.
No.       Registration       Date

            

             

                “Slurran”          904,559         United States      12/22/70

          

                          936,412         United States        
06/27/82

                         
344634            
Australia         04/02/80

              “Detagel”         1,081,629          United States        01/10/78

                         
344632          Australia        02/04/80

          
                “TOPrime”         2,078,089         United States       07/08/97

                “XPAK”             2,243,373         United States       05/04/99

                “Kinepak”            936410        United States      06/27/72

                 
                199650         Canada          06/07/74

                “Kinepouch”         1114751         United States      03/13/79

                            437922            Canada          01/06/95

                “Kinestik”            1077342         United States      11/15/77

                “Perimex”           76291486         United
States            Pending

          

           

          All of
these Marks were to be assigned to Universal Tech Corporation (“UTeC”) pursuant
to that certain Asset Purchase Agreement, dated May 14, 2002, between SEC and
UTeC.  No assignment was filed with the U.S. Patent and Trademark
office.

          

          
            	
                    B.

                  	
                    There
      are no marks registered under the name of
UTeC.

                  

          

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          Part 3.24(h)

          

          NET NAMES; EXCEPTIONS TO
REPRESENTATIONS

          

          

          The
following net name has been registered in the name of Seller:

          

          slurryexplosive.com

          

          The
following net names have been assigned to Seller by the company who originally
registered the names:

          

          xpak.biz

          slurran.biz

          perimex.biz

          kinestik.biz

          kinepak.biz

          kinepouch.biz

          detagel.biz

           

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          Part 3.25

          

          RELATED PERSON
TRANSACTIONS

           

          
            	
                    1.  

                  	
                    The
      following Seller Contracts referenced in Part 3.19(a) (which Part is
      incorporated herein by reference) could constitute transactions between
      either of the Sellers and a Related
Person:

                  

          

          
            	
                    (a)  

                  	
                    Rights
      and obligations of Universal Tech Corporation (“UTeC”) under assignment of
      Lease Agreement, dated as of April 11, 2001, for seventy monthly payments
      commencing on October 20, 2001, by and between U.S. Bancorp Leasing &
      Financial and Slurry Explosive Corporation (“SEC”), regarding certain
      equipment associated with the Hallowell, Kansas Facility, pursuant to
      assignment in May 14, 2002 Asset Purchase and Sale Agreement in the
      section of this list entitled “Agreement between SEC and UTeC”
      below.

                  

          

          
            	
                    (b)  

                  	
                    Service
      Agreement between UTeC and LSB Industries, Inc., (“LSB”) dated December
      23, 1992, terminable (with notice) on December 23, 2004, or upon LSB
      giving 90 days notice to terminate at any time, regarding LSB’s
      performance of certain administrative services for
  UTeC.

                  

          

          
            	
                    (c)  

                  	
                    Listing
      of UTeC employees and their repayment obligations who have received
      advances made by UTeC.

                  

          

          
            	
                    (d)  

                  	
                    Employment
      Agreement between UTeC and Oldrich Machacek dated June 5, 1990,
      terminating upon 60 days notice.

                  

          

          
            	
                    (e)  

                  	
                    Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated April 22,
      1998, expiring on April 22, 2008, regarding option on 5,000 shares of LSB
      stock.

                  

          

          
            	
                    (f)  

                  	
                    Non-Qualified
      Stock Option Agreement – 1998 between LSB and Oldrich Machacek, dated
      April 22, 1998, expiring on April 22, 2008 regarding option on 5,000
      shares of LSB stock.

                  

          

          
            	
                    (g)  

                  	
                    Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated July 8,
      1999, expiring July 8, 2009, regarding option on 5,000 shares of LSB
      stock.

                  

          

          
            	
                    (h)  

                  	
                    Incentive
      Stock Option Agreement between LSB and Oldrich Machacek dated November 29,
      2001, expiring on November 29, 2011, regarding option on 5,000 shares of
      LSB stock.

                  

          

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

          
 

          
            	
                    (i)  

                  	
                    Non-exclusive
      License Agreement between SEC and Total Energy Systems Limited (“TES”),
      dated October 1, 1996, as amended and assigned in that Assignment and
      Amendment of the Slurry Explosive Corporation License Agreement between
      SEC, TES and Quantum Explosives Pty. Ltd., dated August 2, 1999,
      continuing through end of use or breach, regarding use of SEC’s patent
      rights or technical information to manufacture and sell specific products
      in plants in Australia, New Zealand, New Guinea, Fiji, Myanmar and Soloman
      Islands.

                  

          

          
            	
                    (j)  

                  	
                    Service
      Agreement, between SEC and LSB, dated January 1, 1992, terminating upon
      notice on January 1, 2004, or upon LSB giving 90 days notice of
      termination at anytime, regarding LSB’s performance of certain
      administrative service for SEC.

                  

          

          
            	
                    (k)  

                  	
                    Letter
      reflecting SEC’s November 6, 2000, offer of employment to Bob Le Blanc,
      commencing January 1, 2001, including commissions, with expectations of a
      one to two year employment period.

                  

          

          
            	
                    (l)  

                  	
                    Listing
      of SEC employees and their repayment obligations who have received
      advances made by SEC.

                  

          

          
            	
                    (m)  

                  	
                    SEC
      Employees signature pages exhibiting their agreement to the Assignment of
      Invention, Confidentiality and Non-Compete provisions of the SEC Employee
      Handbook.

                  

          

          
            	
                    (n)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and Paul
      Keeling, dated April 22, 1998, expiring on April 22, 2008, regarding
      option on 3,000 shares of LSB
stock.

                  

          

          
            	
                    (o)  

                  	
                    Non-Qualified
      Stock Option Agreement – 1998 between LSB and Paul Keeling, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 3,000 shares of
      LSB stock.

                  

          

          
            	
                    (p)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and Paul
      Keeling, dated July 8, 1999, expiring on July 8, 2009, regarding option on
      10,000 shares of LSB stock.

                  

          

          
            	
                    (q)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and Paul
      Keeling, dated November 29, 2001, expiring on November 29, 2011, regarding
      option on 10,000 shares of LSB
stock.

                  

          

          
            	
                    (r)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and William
      Manion, dated April 22, 1998, expiring on April 22, 2008, regarding option
      on 3,000 shares of LSB stock.

                  

          

           

          
            
              
              

            

            
              2

              
                

              

            

            
              
              

            

          

           

          
            	
                    (s)  

                  	
                    Non-Qualified
      Stock Option Agreement - 1998, between LSB and William Manion, dated April
      22, 1998, expiring on April 22, 2008, regarding option on 5,000 shares of
      LSB stock.

                  

          

          
            	
                    (t)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and William
      Manion, dated July 8, 1999, expiring on July 8, 2009, regarding option on
      15,000 shares of LSB stock.

                  

          

          
            	
                    (u)  

                  	
                    Incentive
      Stock Option Agreement between LSB Industries, Inc., (“LSB”) and William
      Manion, dated November 29, 2001, expiring on November 29, 2011, regarding
      option on 10,000 shares of LSB
stock.

                  

          

          
            	
                    (v)  

                  	
                    1993
      Severance Agreement between LSB and Bill Manion, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

                  

          

          
            	
                    (w)  

                  	
                    1993
      Severance Agreement between LSB and Paul Keeling, dated March 26, 1993,
      expiring March 26, 2003, with automatic three year renewals unless
      terminated with 60 days notice.

                  

          

          
            	
                    (x)  

                  	
                    Asset
      Purchase and Sale Agreement between SEC and UTeC, dated May 14, 2002,
      regarding UTeC’s purchase of SEC’s assets related to Hallowell, Kansas
      Facility.

                  

          

          
            	
                    (y)  

                  	
                    Services
      Agreement between SEC and UTeC, dated August 23, 2002, expiring August 23,
      2005, upon thirty days notice, regarding SEC providing certain
      administrative and human resource
services.

                  

          

          
            	
                    (z)  

                  	
                    Supply
      Agreement between SEC and UTeC, dated August 30, 2002, terminating August
      30, 2003, upon thirty day notice, regarding UTeC’s manufacture of certain
      product for SEC.

                  

          

          
            	
                    (aa)  

                  	
                    $5,000.00
      monthly fee paid by SEC to UTeC for Research, Development and Quality
      Control work for SEC’s Kinepak plant business, effective March, 2002, and
      continuing until terminated.

                  

          

          

          
            	
                    2.  

                  	
                    The
      following Real Property leases referenced n Part 3.7 (which Part is
      incorporated herein by reference) could constitute transactions between
      either of the Sellers and a Related
Person:

                  

          

          
            	
                    (a)  

                  	
                    Industrial
      Lease from UTeC to SEC, dated May 14, 2002, regarding the Hallowell,
      Kansas Facility.

                  

          

          
            	
                    (b)  

                  	
                    Lease
      from Prime to SEC, dated February 15, 1995, regarding SEC’s Pryor,
      Oklahoma Facility.

                  

          

           

          
            
              
              

            

            
              3

              
                

              

            

            
              
              

            

          

           

          
            	
                    3.  
      

                  	
                    The
      following real property deeds referenced in Part 3.6 (which Part is
      incorporated herein by reference) could constitute transactions between
      either of the Sellers and a Related
Person:

                  

          

          
            	
                    (a)  

                  	
                    Corrective
      Warranty Deed from Slurry Explosive Corporation (“SEC”) to Universal Tech
      Corporation (“UTeC”) dated May 31, 2002, recorded June 6, 2002 in Book
      253, Page 604, regarding Hallowell, Kansas
  Facility.

                  

          

          
            	
                    (b)  

                  	
                    Warranty
      Deed from James W. Keen and Janice E. Keen to Prime Financial Corporation
      (“Prime”), dated January 6, 1995, recorded January 9, 1995 in Book 789,
      Page 459 (Mayes County, Oklahoma), regarding SEC’s Pryor, Oklahoma
      Facility.

                  

          

          

          
            	
                    4.  

                  	
                    The
      following Employee Benefit Plans referenced in Part 3.15(a) (which Part is
      incorporated herein by reference) could constitute transactions between
      either of the Sellers and a Related
Person:

                  

          

          
            	
                    (a)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Medical, Dental, Vision and
      Behavioral Health Plan.

                  

          

          
            	
                    (b)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Savings Incentive Plan
      (401k).

                  

          

          
            	
                    (c)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Flexible Spending Account
      (Section 125 Cafeteria Plan).

                  

          

          
            	
                    (d)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Base Life Insurance
      Plan.

                  

          

          
            	
                    (e)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Voluntary Life Insurance
      Plan.

                  

          

          
            	
                    (f)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Long Term Disability Base
      Plan.

                  

          

          
            	
                    (g)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Long Term Disability
      Supplemental Plan.

                  

          

          
            	
                    (h)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Short Term Disability/Weekly
      Income Benefit Plan.

                  

          

          
            	
                    (i)  

                  	
                    LSB
      Industries, Inc. and Designated Subsidiaries Employee Assistance
      Program.

                  

          

          

          
            	
                    5.  

                  	
                    As
      referenced in Section A of Part 3.24(d) (which Part is incorporated herein
      by reference), the following employees, by signing a “Personnel Policy
      Manual Acknowledgment” in connection with their receipt of the Slurry
      Explosive Corporation Handbook, have agreed to assignment of any
      inventions, improvements, discoveries or

                  

          

           

          
            
              
              

            

            
              4

              
                

              

            

            
              
              

            

          

           

          
            	
                     

                  	
                    information relating to the
      business of the Seller and such could constitute transactions between
      either of the Sellers and a Related
Person:

                  

          

           

              Terri
Davis             Alfred
Mitchell

              Jason Herron
            Mark Hamilton

              Travis
Holt             Jack
Muller

              Paul
Keeling              Danny
Osburn

              Janice
Keen               Kent
Sampson

              Jonathan
Keen              Roger
Spence

              Jim
Keen                Jerry Standlee

              Lori
Keen              Paul
Sterk

              Bob
LeBlanc              Larry
Lappana

              Brian
Loader              Tom
Tipton

              William
Manion            Darrell Williams

              Houston
McCarty

           

          
            	
                    6.  

                  	
                    The
      following employees/former employees have executed Assignments in
      connection with specific patents referenced in Section B of Part 3.24
      (which Part is incorporated herein by reference), and such could
      constitute transactions between either of the Sellers and a Related
      Person:

                  

          

           

          United
States

             Employee/Former
Employee         Assignee              Serial/Reg.
No.

           

              Oldrich
Machacek                                                Slurry
Explosive
Corporation                                               4,718,954

          
                Gary Eck                (as
assigned)

          

          
                Neil
Gehrig

          

          
               

                Paul
Keeling            Slurry
Explosive Corporation            5,763,816

             

            
                  Paul
Keeling            Slurry
Explosive Corporation             09/638,131,

                  Brian
Loader

               

              
                    Oldrich
Machacek          Universal
Tech Corporation           5,608,184

                    Gary
Eck

                    Brent
Gilion

                 

                    Oldrich
Machacek          Universal
Tech Corporation         
  6,214,140

              

            

          

          
                Gary
Eck

          

           

          
            	
                    7.  

                  	
                    Other
      transactions as may be reflected on the Balance Sheet and Interim Balance
      Sheet previously provided to Buyer, including, without limitation,
      intercompany notes and employee accounts receivables, could constitute
      transactions between either of the Sellers and a Related Person, which
      Balance Sheet and Interim Balance Sheet are incorporated herein by
      reference.

                  

          

           

          
            
              
              

            

            
              5

              
                

              

            

            
              
              

            

          

          
 

          
            	
                    8.  

                  	
                    The
      self-insurance arrangements disclosed as part 3.20(b) (which Part is
      incorporated herein by reference) could constitute transactions between
      either of the Sellers and a Related
Person.

                  

          

          

          
            
               

            

            
              6ex_102.htm

Exhibit 10.2

    
      SECOND
AMENDMENT TO THE

      NITRIC
ACID SUPPLY, OPERATING AND MAINTENANCE AGREEMENT

      BY AND
AMONG EL DORADO NITROGEN, L.P., EL DORADO CHEMICAL COMPANY, AND BAYER
MATERIALSCIENCE LLC

      

      

      This
Second Amendment to the Nitric Acid Supply, Operating and Maintenance Agreement
(this “Second Amendment”) is made and entered into on this 16th day of June
2010, by and among EL DORADO NITROGEN, L.P., a Texas limited partnership
(“EDNLP”), EL DORADO CHEMICAL COMPANY, an Oklahoma corporation (“El Dorado”),
and BAYER MATERIALSCIENCE LLC, a Delaware limited liability company
(“BMS”).

      

      PREAMBLE

      

      WHEREAS,
EDNLP, El Dorado and BMS are parties to that certain Nitric Acid Supply,
Operating and Maintenance Agreement (“Agreement”) dated October 23, 2008 and
amended by the First Amendment dated June 29, 2009; and

      

      WHEREAS,
the parties desire to and have agreed to amend the Nitric Acid Supply, Operating
and Maintenance Agreement to incorporate the details of a project to reduce
N2O
emissions and the details surrounding the handling of credits;

      

      Therefore,
in consideration of the premises and the mutual covenants and agreements set
forth herein, the parties hereto, intending to be legally bound, agree as
follows:

      

      AGREEMENT

      

      
        	
                1.  

              	
                Definitions.   Capitalized
      terms used herein not otherwise defined herein shall have the meaning
      specified in the Agreement.

              

      

      

      
        	
                2.  

              	
                Section 1,
      Definitions.  The following definitions are hereby
      added

              

      

      

      Abatement
Catalyst – Shall mean the catalyst which after installed in the Nitric Acid
Facility, as part of the N2O Emission
Project, shall serve to reduce N2O
emissions.

      

      Climate
Action Reserve or CAR – Shall mean a national program focused on ensuring
environmental integrity of greenhouse gas emissions reduction projects which
developed protocols to provide regulatory-quality guidelines for project
development.

      

      Climate
Reserve Tons or CRT – Shall mean carbon offset credits more fully described in
the CAR protocols which can be sold through the CAR system.

      

      Initial
Baseline Period – Shall mean the period of time which defines the initial level
of emissions of N2O, to be
used as the baseline for comparing subsequent total reduced N2O emissions
in order to generate verifiable CRTs.

      
         

        
          
            PORTIONS OF THIS DOCUMENT HAVE BEEN OMITTED FROM THIS PUBLIC
FILING PURSUANT TO A REQUEST BY LSB INDUSTRIES, INC. FOR CONFIDENTIL TREATMENT
BY THE SECURITIES AND EXCHANGE COMMISSION.  THE OMITTED INFORMATION HAS
BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE
COMMISSION FOR PURPOSES OF SUCH REQUEST.

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      Project
Developer – Shall mean a third party which will assist in the development,
implementation and management of the N2O Emission
Project.

      

      N2O - Shall
mean nitrous oxide.  N2O shall not
be considered a Spill as set forth in definition 1.76 of the
Agreement.  N2O is
currently not regulated under the Clean Air Act as referenced in Definition
1.35, Environmental Health and Safety Laws.

      

      N2O Emission
Project – Shall mean the initiative whose intent is to reduce N2O emissions
from the Nitric Acid Facility through the addition of a secondary Abatement
Catalyst.

      

      
        	
                3.  

              	
                Section 2, Nitric
      Acid.  The following section is hereby added as Section 2.7,
      N2O Emission
      Project as follows:

              

      

      

      “A.  For
the remainder of the Initial Term, and for any extension of the Initial Term and
Renewal Term(s) thereafter for so long as BMS determines to continue the N2O Emission
Project, the parties shall work together to reduce N2O emissions
from the Nitric Acid Facility.  A secondary Abatement Catalyst shall
be installed after appropriate modifications are made to the Nitric Acid
Facility.  The purchase of such Abatement Catalyst and related items
shall be treated as any other BMS Capital Addition.  EDNLP shall not
enter into any agreements or commit to make reasonable expenditures associated
with this N2O Emission
Project without BMS’s prior written consent.  At the expiration or
termination of the Term, any CRTs generated by the Nitric Acid Facility
subsequent to the expiration or termination date of this Agreement shall be for
the sole benefit of BMS.

      

      B.  EDNLP
shall lead the project by using reasonable efforts to conduct thorough research,
collect data according to CAR guidelines and hire a Project
Developer.   The Project Developer shall review all relevant data
and data collection method(s), and also prepare the appropriate documents for
submission to the CAR.  The Project Developer shall interact with the
CAR to ensure timely approval.  EDNLP shall provide the reasonable
supporting information necessary to complete such documents.

      

      C.  The
Initial Baseline Period to be used during this project shall be the level of
N2O
emissions per ton Nitric Acid production from the Nitric Acid Facility from late
October 2009 through approximately June 2010.  The parties expect to
install the Abatement Catalyst in June of 2010.  In the event that the
Abatement Catalyst is not installed in June of 2010, the Initial Baseline Period
shall be determined by the level of N2O emissions
per ton Nitric Acid production from the Nitric Acid Facility from the time the
Nitric Acid Facility starts production after the June 2010 Catalyst change
through the date upon which such Catalyst is next changed, which is currently
estimated to be February 2011.

      

      The
decision to install, replace or repair the Abatement Catalyst, if needed, shall
be at BMS’s discretion, unless required to meet emission standards
established  by Law.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      D. EDNLP
shall arrange for an accredited third party to verify the reduction of N2O emissions
during each verification period.  After verification, CRT credits
related to the N2O Emission
Project shall be deposited into EDNLP’s CAR account.  Upon receipt of
verified CRT credits, EDNLP shall, at BMS’s option, either i) sell a portion of
the CRTs in order to generate funds to reimburse BMS for all cumulative expenses
and expenditures BMS incurred, including but not limited to Abatement Catalyst
costs and capital costs, and BMS management costs, as well as those expenditures
and expenses considered reimbursable  to EDNLP from BMS as described
herein or ii) determine the amount of credits that could be sold at the then
current market value to cover the costs and transfer such number of CRTs to
BMS’s CAR account, at which time BMS shall cover such expenses without selling
such CRT credits. Notwithstanding anything to the contrary, the BMS management
costs shall not exceed $100,000 through June 30, 2014, and $100,000 for each
five year extension or renewal of the Term, if any.

      

      Once and
if all such costs are reimbursed to BMS, the remaining CRTs shall be shared
between BMS and EDNLP based on the percentage ***.  Once EDNLP’s
percentage is so determined, notwithstanding anything to the contrary, EDNLP
shall receive not less than *** percent (***%) of such remaining
CRTs.  EDNLP’s percentage shall not change during the life of the
project.  This percentage shall be payable for the remainder of the
Initial Term, and for any extension of the Initial Term and Renewal Term(s)
thereafter for so long as BMS determines to continue the N2O Emission
Project.

      

      At BMS’s
option, EDNLP shall then either i) transfer BMS’s portion of the CRTs to BMS’s
CAR account or ii) sell the CRTs on BMS’s behalf and transfer the proceeds to
BMS.  Payments due BMS under this Section shall be made by EDNLP
within ten (10) days of receipt of funds from the sale of the CRTs.

      

      E.  BMS
agrees to reimburse EDNLP for all reasonable third party, out of pocket expenses
associated with the execution of the project, including but not limited to:
Project Developer fees, which include 5% of CRTs generated by the
project;  related CRT requirements; CAR membership fees; verifier
costs; Continuous Emissions Monitoring System (“CEMS”) maintenance costs
including software upgrades; CRT issuance and transfer fees on the CAR exchange;
and reasonable EDNLP management costs not otherwise reimbursed under this
Agreement.  Notwithstanding anything to the contrary, the EDNLP
management fixed costs shall not exceed $100,000 through June 30, 2014, and
$100,000 for each five year extension or renewal of the Term, if
any.  These costs shall not be considered an Excluded Fixed Cost as
set forth in Definition 1.42 (D) of the Agreement.

      

      
        
          
            ***
INDICATES INFORMATION IN THIS DOCUMENT WHICH HAS BEEN OMITTED FROM THIS PUBLIC
FILING PURSUANT TO A REQUEST BY LSB INDUSTRIES, INC. FOR CONFIDENTIAL TREATMENT
BY THE SECURITIES AND EXCHANGE COMMISSION. THE OMITTED INFORMATION HAS BEEN
FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION
FOR PURPOSES OF SUCH REQUEST.

          

           

        

        
          3 

          
            

          

        

        
           

        

      

      F.   If
this project does not generate enough CRTs or if the sale price of the CRTs is
not sufficient to cover the costs paid by BMS, in no event shall EDNLP be liable
for any reimbursements to BMS for expenses incurred or reimbursed by
BMS.  Both parties agree that the total cumulative expenditures
incurred by BMS, including amounts reimbursed by BMS to EDNLP, must be covered
prior to the sharing of any CRTs.”

      

      
        	
                4.

              	
                Section
      3.  Maintenance and Operating Services.  The
      following section is hereby added as a final paragraph to Section
      3:

              

      

      

      
        	
                 
      

              	
                “In
      order to register the N2O
      emission project as set forth in Section 2.7 herein, EDNLP shall submit to
      CAR an Attestation of Title form (“AT Form”) indicating that EDNLP has
      exclusive rights to the greenhouse gas reductions or removals associated
      with the project and for which CAR will issue CRTs.  BMS does
      not object to the submission of the AT Form in EDNLP’s name, provided that
      any related CRTs are handled as described
  herein.”

              

      

      

      
        	
                5.

              	
                No Other
      Changes.  Subject to the changes immediately above, all
      other provisions of the Project and Supply Agreement remain in full force
      and effect without modification.

              

      

      

      
        	
                6.

              	
                Representations and
      Warranties.  BMS hereby represents and warrants to EDNLP,
      and EDNLP represents to BMS as
follows:

              

      

      

      (a) this
Second Amendment has been duly and validly authorized, executed and delivered by
such party and constitutes the legal, valid and binding obligations of each such
party enforceable against it in accordance with their respective terms;
and

      

      (b) the
execution, delivery and performance of this Second Amendment by such party will
not:

      

      (i) violate
or conflict with its charter or bylaws;

      

      (ii) breach or
result in a default (or an event which, with the giving of notice or the passage
of time, or both, would constitute a default) under, require any consent under,
result in the imposition of any lien under or give to others any rights or
termination, acceleration, suspension, revocation, cancellation or amendment of
any agreement to which it is a party;

      

      (iii) breach or
otherwise violate any order, writ, judgment, injunction or decree issued by any
governmental person or entity which names such party or is directed to such
party or any of its respective properties or assets;

      

      (iv) violate
any Laws; or

      

      (v) require
any consent, authorization, approval, exemption or other action by, or any
filing, registration or qualification with, any governmental 

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      person or
entity other than those which have been made or obtained prior to the date
hereof.

      

      
        	
                7.

              	
                Counterparts;
      Telefacsimile Execution.  This Second Amendment may be
      executed in any number of counterparts, and by each of the parties on
      separate counterparts, each of which, when so executed, shall be deemed an
      original, but all of which shall constitute but one and the same
      instrument.  Delivery of an executed counterpart of this Second
      Amendment by electronic scan or telefacsimile shall be equally as
      effective as delivery of a manually executed counterpart of this Second
      Amendment.  Any party delivering an executed counterpart of this
      Second Amendment by electronic scan or telefacsimile also shall deliver a
      manually executed counterpart of this Second Amendment, but the failure to
      deliver a manually executed counterpart shall not affect the validity,
      enforceability or binding effect of this Second
  Amendment.

              

      

      

      

      IN
WITNESS HEREOF, the parties hereto have executed this Second Amendment to the
Nitric Acid Supply, Operating, and Maintenance Agreement effective the date
first above written.

       

    

    

    BAYER
MATERIALSCIENCE LLC

    By:    /s/ David Law              

    Name:    David Law               

    Title:     V.P. Basic Chemicals
Production    

     

    EL DORADO
NITROGEN, L.P.

    By:    /s/ Anne O. Rendon        

    Name:    Anne O. Rendon            

    Title:      President                                                                                   

     

    EL DORADO
CHEMICAL COMPANY

    By:       /s/  Tony
Shelby         

    Name:    Tony Shelby            

    Title:   
Vice President                                       

    
      
         

      

      
        5

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